How does 1991's PS Ratio compare to its peers?

1991 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.6x).

How does 1991's PS Ratio compare vs other companies in the HK Electronic Industry?

1991 is good value based on its Price-To-Sales Ratio (0.1x) compared to the Hong Kong Electronic industry average (0.3x).

What is 1991's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 1991's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of 1991 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate 1991's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Ta Yang Group Holdings (SEHK:1991) - Stock Price, News & Analysis

1991 Stock Overview

An investment holding company, designs, manufactures, and sells silicone rubber products in the People’s Republic of China, Europe, and Hong Kong. More details

1991 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 7.3% per year over past 5 years

Highly volatile share price over the past 3 months compared to the Hong Kong market

Does not have a meaningful market cap (HK$122M)

Ta Yang Group Holdings Limited Competitors

Datronix Holdings

SEHK:889

HK$96.0m

Daisho Microline Holdings

SEHK:567

HK$135.5m

Man Yue Technology Holdings

SEHK:894

HK$140.3m

Tianli Holdings Group

SEHK:117

HK$171.3m

Price History & Performance

Summary of all time highs, changes and price drops for Ta Yang Group Holdings
Historical stock prices
Current Share Price	HK$0.093
52 Week High	HK$0.17
52 Week Low	HK$0.079
Beta	-0.19
11 Month Change	2.20%
3 Month Change	n/a
1 Year Change	-35.42%
33 Year Change	-58.67%
5 Year Change	-69.00%
Change since IPO	-97.52%

Take Care Before Jumping Onto Ta Yang Group Holdings Limited (HKG:1991) Even Though It's 26% Cheaper

Oct 30

Recent updates

Take Care Before Jumping Onto Ta Yang Group Holdings Limited (HKG:1991) Even Though It's 26% Cheaper

Oct 30

Shareholders Should Be Pleased With Ta Yang Group Holdings Limited's (HKG:1991) Price

Mar 02

Optimistic Investors Push Ta Yang Group Holdings Limited (HKG:1991) Shares Up 37% But Growth Is Lacking

Apr 18

Shareholder Returns

	1991	HK Electronic	HK Market
7D	-5.1%	3.7%	-0.6%
1Y	-35.4%	14.7%	9.6%

Return vs Industry: 1991 underperformed the Hong Kong Electronic industry which returned 14.7% over the past year.

Return vs Market: 1991 underperformed the Hong Kong Market which returned 9.6% over the past year.

Price Volatility

Is 1991's price volatile compared to industry and market?
1991 volatility
1991 Average Weekly Movement	19.3%
Electronic Industry Average Movement	10.4%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.2%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 1991's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1991's weekly volatility has increased from 13% to 19% over the past year.

About the Company

Founded	Employees	CEO	Website
1991	771	Jiuhua Li	www.tayanggroup.com

Ta Yang Group Holdings Limited, an investment holding company, designs, manufactures, and sells silicone rubber products in the People’s Republic of China, Europe, and Hong Kong. It operates through Silicone Rubber and Related Products, Retail Services, and Healthcare and Hotel Services segments. The company’s silicone rubber products primarily used in consumer electronics, computer keyboards, mobile phone parts, automotive peripheral products, and customer-oriented consumer goods.

Ta Yang Group Holdings Limited Fundamentals Summary

How do Ta Yang Group Holdings's earnings and revenue compare to its market cap?
1991 fundamental statistics
Market cap	HK$121.53m
Earnings (TTM)	-HK$85.95m
Revenue (TTM)	HK$1.21b

0.1x

P/S Ratio

-1.4x

P/E Ratio

Is 1991 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1991 income statement (TTM)
Revenue	HK$1.21b
Cost of Revenue	HK$1.16b
Gross Profit	HK$49.46m
Other Expenses	HK$135.40m
Earnings	-HK$85.95m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.066
Gross Margin	4.09%
Net Profit Margin	-7.11%
Debt/Equity Ratio	529.1%

How did 1991 perform over the long term?

See historical performance and comparison

1991 Stock Overview

Risk Analysis

Ta Yang Group Holdings Limited Competitors

SEHK:889

HK$96.0m

SEHK:567

HK$135.5m

SEHK:894

HK$140.3m

SEHK:117

HK$171.3m

Price History & Performance

Recent News & Updates

Ta Yang Group Holdings Limited Announces Retirement of Hu Jiangbing as Independent Non-Executive Director, Chairman of the Remuneration Committee of the Board and Member of Each of the Audit Committee and the Nomination Committee of the Board

Take Care Before Jumping Onto Ta Yang Group Holdings Limited (HKG:1991) Even Though It's 26% Cheaper

Ta Yang Group Holdings Limited, Annual General Meeting, Nov 18, 2024

Now 30% undervalued

New minor risk - Shareholder dilution

Now 21% undervalued

Recent updates

Ta Yang Group Holdings Limited Announces Retirement of Hu Jiangbing as Independent Non-Executive Director, Chairman of the Remuneration Committee of the Board and Member of Each of the Audit Committee and the Nomination Committee of the Board

Take Care Before Jumping Onto Ta Yang Group Holdings Limited (HKG:1991) Even Though It's 26% Cheaper

Ta Yang Group Holdings Limited, Annual General Meeting, Nov 18, 2024

Now 30% undervalued

New minor risk - Shareholder dilution

Now 21% undervalued

Less than half of directors are independent

Ta Yang Group Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024

New minor risk - Financial data availability

Ta Yang Group Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Shareholders Should Be Pleased With Ta Yang Group Holdings Limited's (HKG:1991) Price

New minor risk - Shareholder dilution

Ta Yang Group Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 78.40602 million.

New minor risk - Share price stability

First half 2023 earnings released: HK$0.016 loss per share (vs HK$0.033 loss in 1H 2022)

Ta Yang Group Holdings Limited to Report First Half, 2023 Results on Aug 29, 2023

Ta Yang Group Holdings Limited announced that it has received HKD 40 million in funding from Rising Jiarui Investment Management Co., Ltd.

Ta Yang Group Holdings Limited announced that it expects to receive HKD 40 million in funding from Rising Jiarui Investment Management Co., Ltd.

Ta Yang Group Holdings Limited Appoints Zheng Changxing as Independent Non-Executive Director

Optimistic Investors Push Ta Yang Group Holdings Limited (HKG:1991) Shares Up 37% But Growth Is Lacking

Ta Yang Group Holdings Limited Announces Executive Changes

Ta Yang Group Holdings Limited Announces Appointment of Gu Shixiang as Non-Executive Director

Less than half of directors are independent

Ta Yang Group Holdings Limited Announces CEO Changes

Is Ta Yang Group Holdings (HKG:1991) Using Too Much Debt?

First half 2022 earnings released: HK$0.033 loss per share (vs HK$0.018 loss in 1H 2021)

Ta Yang Group Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022

Ta Yang Group Holdings Limited to Report Second Half, 2022 Results on Aug 29, 2022

Ta Yang Group Holdings Limited Announces Resignation of Liu Wengang as Executive Director, Chairman of the Executive Committee

Cheng Hong Resigns as an Executive Director and A Member of the Executive Committee of Ta Yang Group Holdings Limited

Less than half of directors are independent

Ta Yang Group Holdings Limited Announces Management Changes

Full year 2021 earnings released: HK$0.075 loss per share (vs HK$0.11 loss in FY 2020)

Is Ta Yang Group Holdings (HKG:1991) Weighed On By Its Debt Load?

First half 2021 earnings released: HK$0.018 loss per share (vs HK$0.032 loss in 1H 2020)

First half 2021 earnings released: HK$0.018 loss per share (vs HK$0.032 loss in 1H 2020)

Independent Non-Executive Director Gang Liu has left the company

Independent Non-Executive Director Lijuan Zhang has left the company

Independent Non-Executive Director Lijuan Zhang has left the company

Company Secretary Chu Wing Lo has left the company

Company Secretary Chu Wing Lo has left the company

United Crown Century Company Limited agreed to acquire 71% stake in Ta Yang Medical Investment Limited from Ta Yang Group Holdings Limited (SEHK:1991) for HKD 17.7 million.

Ta Yang Group Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 60.98246 million.

Independent Non-Executive Director recently bought HK$52k worth of stock

Is Ta Yang Group Holdings (HKG:1991) Weighed On By Its Debt Load?

Full year 2020 earnings released: HK$0.11 loss per share (vs HK$0.07 loss in FY 2019)

Ta Yang Group Holdings Limited to Report Fiscal Year 2020 Results on Mar 31, 2021

Ta Yang Group Holdings Limited Announces Board and Change Board Committee Changes

New 90-day high: HK$0.24

First half earnings released

First half earnings released

Ta Yang Group Holdings Limited Announces Change of Chief Executive Officer

Ta Yang Group Holdings Limited to Report First Half, 2020 Results on Aug 31, 2020

Shareholder Returns

Price Volatility

About the Company

Ta Yang Group Holdings Limited Fundamentals Summary

0.1x

-1.4x

Earnings & Revenue