Tongda Hong Tai Holdings Limited, an investment holding company, manufactures and sells casings for notebook, tablet, and other accessories in the People's Republic of China, Taiwan, and internationally.
The last earnings update was 43 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Tongda Hong Tai Holdings. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Tongda Hong Tai Holdings's
is considered below, and whether this is a fair price.
Price based on past earnings
Tongda Hong Tai Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?
Tongda Hong Tai Holdings's earnings are expected to grow significantly at over 20% yearly.
Unable to determine if Tongda Hong Tai Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Tongda Hong Tai Holdings's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Tongda Hong Tai Holdings
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Tongda Hong Tai Holdings's finances.
The net worth of a company is the difference between its assets and liabilities.
Tongda Hong Tai Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Tongda Hong Tai Holdings has no long term commitments.
This treemap shows a more detailed breakdown of
Tongda Hong Tai Holdings's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 2.2x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Wong Ming Li Wong has been the Chief Executive Officer of Tongda Hong Tai Holdings Ltd since September 24, 2018 and served as its General Manager from March 21, 2016 to September 24, 2018. Mr. Wong has been an Executive Director of Tongda Hong Tai Holdings Ltd since March 21, 2016. He serves as General Manager of Tongda Electrics, a subsidiary of Tongda Group Holdings Ltd. He joined Tongda Group in October 2008 and is responsible for the sales and promotion of its notebook computer business. He has over 10 years’ experience in the electronics and electrical industry. He graduated from Macquarie University, Australia with a bachelor’s degree in Commerce in April 2007.
Ming Li's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Ming Li's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure
Average tenure and age of the
Tongda Hong Tai Holdings
management team in years:
The tenure for the Tongda Hong Tai Holdings management team is about average.
Ming Li Wong
CEO & Executive Director
Ah Yu Wong
Ming Zhi Wang
Head of Sales Department
Deputy GM & Chief Engineer
Ping An Ba
Head of Engineering Department
Siu Wa Lam
Board of Directors Tenure
Average tenure and age of the
Tongda Hong Tai Holdings
board of directors in years:
The average tenure for the Tongda Hong Tai Holdings board of directors is less than 3 years, this suggests a new board.
Could The Tongda Hong Tai Holdings Limited (HKG:2363) Ownership Structure Tell Us Something Useful?
Every investor in Tongda Hong Tai Holdings Limited (HKG:2363) should be aware of the most powerful shareholder groups. … Tongda Hong Tai Holdings is not a large company by global standards. … Check out our latest analysis for Tongda Hong Tai Holdings
Why We’re Not Impressed By Tongda Hong Tai Holdings Limited’s (HKG:2363) 6.3% ROCE
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.
What Investors Should Know About Tongda Hong Tai Holdings Limited's (HKG:2363) Financial Strength
Investors are always looking for growth in small-cap stocks like Tongda Hong Tai Holdings Limited (HKG:2363), with a market cap of HK$270m. … However, an important fact which most ignore is: how financially healthy is the business?
Why Tongda Hong Tai Holdings Limited's (HKG:2363) High P/E Ratio Isn't Necessarily A Bad Thing
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll show how you can use Tongda Hong Tai Holdings Limited's (HKG:2363) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, Tongda Hong Tai Holdings's P/E ratio is 8.88.
What Kind Of Shareholder Appears On The Tongda Hong Tai Holdings Limited's (HKG:2363) Shareholder Register?
A look at the shareholders of Tongda Hong Tai Holdings Limited (HKG:2363) can tell us which group is most powerful. … With a market capitalization of HK$231m, Tongda Hong Tai Holdings is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Tongda Hong Tai Holdings
What Do You Get For Owning Tongda Hong Tai Holdings Limited (HKG:2363)?
and want to better understand how you can grow your money by investing in Tongda Hong Tai Holdings Limited (HKG:2363). … Therefore, looking at how efficiently Tongda Hong Tai Holdings is able to use capital to create earnings will help us understand your potential return. … Check out our latest analysis for Tongda Hong Tai Holdings
Don't Sell Tongda Hong Tai Holdings Limited (HKG:2363) Before You Read This
We'll look at Tongda Hong Tai Holdings Limited's (HKG:2363) P/E ratio and reflect on what it tells us about the company's share price. … Tongda Hong Tai Holdings has a P/E ratio of 9.85, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Tongda Hong Tai Holdings Limited (HKG:2363): A Look At Return On Capital
and want to better understand how you can grow your money by investing in Tongda Hong Tai Holdings Limited (HKG:2363). … Purchasing Tongda Hong Tai Holdings gives you an ownership stake in the company. … Thus, to understand how your money can grow by investing in Tongda Hong Tai Holdings, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)
Should You Be Tempted To Buy Tongda Hong Tai Holdings Limited (HKG:2363) At Its Current PE Ratio?
This article is intended for those of you who are at the beginning of your investing journey. … and want to better understand how you can grow your money by investing in Tongda Hong Tai Holdings Limited (HKG:2363). … Tongda Hong Tai Holdings Limited (HKG:2363) is currently trading at a trailing P/E of 9.4x, which is lower than the industry average of 11x.
Tongda Hong Tai Holdings Limited, an investment holding company, manufactures and sells casings for notebook, tablet, and other accessories in the People's Republic of China, Taiwan, and internationally. The company was founded in 2010 and is headquartered in Wanchai, Hong Kong.
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