SEHK:266

Stock Analysis Report

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Executive Summary

Tian Teck Land Limited, an investment holding company, engages in the property investment activities in the People’s Republic of China and Hong Kong. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Tian Teck Land's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 266 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

266

-2.7%

HK Real Estate

-0.7%

HK Market


1 Year Return

-31.5%

266

-14.4%

HK Real Estate

0.4%

HK Market

Return vs Industry: 266 underperformed the Hong Kong Real Estate industry which returned -13.9% over the past year.

Return vs Market: 266 underperformed the Hong Kong Market which returned 0.3% over the past year.


Shareholder returns

266IndustryMarket
7 Day0%-2.7%-0.7%
30 Day-5.8%-3.4%4.9%
90 Day-1.0%-6.4%1.2%
1 Year-28.1%-31.5%-9.9%-14.4%4.6%0.4%
3 Year-37.2%-46.0%-10.3%-24.0%-7.1%-17.2%
5 Year-23.6%-41.0%30.2%4.6%15.0%-4.5%

Price Volatility Vs. Market

How volatile is Tian Teck Land's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tian Teck Land undervalued compared to its fair value and its price relative to the market?

15.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 266 (HK$5) is trading below our estimate of fair value (HK$5.9)

Significantly Below Fair Value: 266 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 266 is unprofitable, so we can't compare its PE Ratio to the HK Real Estate industry average.

PE vs Market: 266 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 266's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 266's PB Ratio (0.4x) is in line with the HK Real Estate industry average.


Next Steps

Future Growth

How is Tian Teck Land forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.0%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tian Teck Land has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Tian Teck Land performed over the past 5 years?

-59.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 266 is currently unprofitable.

Growing Profit Margin: 266 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 266 is unprofitable, and losses have increased over the past 5 years at a rate of 59.3% per year.

Accelerating Growth: Unable to compare 266's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 266 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-6.4%).


Return on Equity

High ROE: 266 has a negative Return on Equity (-7.23%), as it is currently unprofitable.


Next Steps

Financial Health

How is Tian Teck Land's financial position?


Financial Position Analysis

Short Term Liabilities: 266's short term assets (HK$589.9M) exceed its short term liabilities (HK$224.1M).

Long Term Liabilities: 266's short term assets (HK$589.9M) exceed its long term liabilities (HK$291.1M).


Debt to Equity History and Analysis

Debt Level: 266's debt to equity ratio (1.6%) is considered satisfactory.

Reducing Debt: 266's debt to equity ratio has increased from 1.4% to 1.6% over the past 5 years.

Debt Coverage: 266's debt is well covered by operating cash flow (152.8%).

Interest Coverage: 266 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Tian Teck Land current dividend yield, its reliability and sustainability?

4.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 266's dividend (4%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).

High Dividend: 266's dividend (4%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.9%).


Stability and Growth of Payments

Stable Dividend: 266 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 266's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: 266 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

27.3yrs

Average board tenure


CEO

Hooi Hong Cheong (73 yo)

no data

Tenure

HK$2,692,000

Compensation

Mr. Hooi Hong Cheong serves as the Chief Executive Officer of Tian Teck Land Limited. Mr. Cheong has been Chairman and an Executive Director of Tian Teck Land Limited since 1983. Mr. Cheong has extensive e ...


CEO Compensation Analysis

Compensation vs Market: Hooi Hong's total compensation ($USD347.35K) is about average for companies of similar size in the Hong Kong market ($USD333.29K).

Compensation vs Earnings: Hooi Hong's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Hooi Hong Cheong
Chairman & CEOno dataHK$2.69m0.97%
HK$ 23.1m
Kheng Lim Cheong
Deputy Chairman37.75yrsHK$3.20m9.72%
HK$ 230.7m
Chong Ling Cheong
Executive Director13.75yrsHK$2.00m0.087%
HK$ 2.1m
Keng Hooi Cheong
Executive Director37.75yrsHK$2.00m5.87%
HK$ 139.3m
Sim Lam Cheong
Executive Director37.75yrsHK$2.14m0.23%
HK$ 5.5m
Wan Hoi Chow
Independent Non-Executive Director16.75yrsHK$340.00kno data
Pang Yuen Tse
Independent Non-Executive Director16.75yrsHK$170.00kno data
Yiu Tak Wong
Independent Non-Executive Director3yrsHK$340.00kno data

27.3yrs

Average Tenure

69yo

Average Age

Experienced Board: 266's board of directors are seasoned and experienced ( 27.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tian Teck Land Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tian Teck Land Limited
  • Ticker: 266
  • Exchange: SEHK
  • Founded:
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: HK$2.374b
  • Shares outstanding: 474.73m
  • Website: https://ttll.etnet.com.hk/tc/index.php

Number of Employees


Location

  • Tian Teck Land Limited
  • iSQUARE
  • 9th Floor
  • Tsim Sha Tsui
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
266SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992

Biography

Tian Teck Land Limited, an investment holding company, engages in the property investment activities in the People’s Republic of China and Hong Kong. As of March 31, 2020, its investment properties include ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 12:37
End of Day Share Price2020/10/27 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.