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Tongda Hong Tai Holdings

SEHK:2363
Snowflake Description

Moderate growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2363
SEHK
HK$225M
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

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. More info.


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2363 Share Price and Events
7 Day Returns
2.5%
SEHK:2363
-7.7%
HK Electronic
-2.2%
HK Market
1 Year Returns
-14.2%
SEHK:2363
-42%
HK Electronic
-15.4%
HK Market
2363 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Tongda Hong Tai Holdings (2363) 2.5% -7.6% -12.3% -14.2% - -
HK Electronic -7.7% -20.1% -18.2% -42% 1.1% 18.2%
HK Market -2.2% -9.5% -6% -15.4% 22% 6.7%
1 Year Return vs Industry and Market
  • 2363 outperformed the Electronic industry which returned -42% over the past year.
  • 2363 outperformed the Market in Hong Kong which returned -15.4% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Tongda Hong Tai Holdings undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
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 HK$1.21.
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 earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Tongda Hong Tai Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:2363 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$0.02
SEHK:2363 Share Price ** SEHK (2019-05-23) in HKD HK$1.21
Hong Kong Electronic Industry PE Ratio Median Figure of 59 Publicly-Listed Electronic Companies 11.34x
Hong Kong Market PE Ratio Median Figure of 1,478 Publicly-Listed Companies 11.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Tongda Hong Tai Holdings.

SEHK:2363 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2363 Share Price ÷ EPS (both in HKD)

= 1.21 ÷ 0.02

53.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Tongda Hong Tai Holdings is overvalued based on earnings compared to the HK Electronic industry average.
  • Tongda Hong Tai Holdings is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Tongda Hong Tai Holdings's expected growth come at a high price?
Raw Data
SEHK:2363 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 53.64x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
26.2%per year
Hong Kong Electronic Industry PEG Ratio Median Figure of 13 Publicly-Listed Electronic Companies 0.47x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Tongda Hong Tai Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Tongda Hong Tai Holdings's assets?
Raw Data
SEHK:2363 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$2.02
SEHK:2363 Share Price * SEHK (2019-05-23) in HKD HK$1.21
Hong Kong Electronic Industry PB Ratio Median Figure of 83 Publicly-Listed Electronic Companies 1.13x
Hong Kong Market PB Ratio Median Figure of 2,157 Publicly-Listed Companies 0.97x
SEHK:2363 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2363 Share Price ÷ Book Value per Share (both in HKD)

= 1.21 ÷ 2.02

0.6x

* Primary Listing of Tongda Hong Tai Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Tongda Hong Tai Holdings is good value based on assets compared to the HK Electronic industry average.
X
Value checks
We assess Tongda Hong Tai Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Tongda Hong Tai Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Tongda Hong Tai Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Tongda Hong Tai Holdings, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
26.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Tongda Hong Tai Holdings expected to grow at an attractive rate?
  • Tongda Hong Tai Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Tongda Hong Tai Holdings's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Tongda Hong Tai Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:2363 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:2363 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 26.2%
Hong Kong Electronic Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
Hong Kong Electronic Industry Revenue Growth Rate Market Cap Weighted Average 12.6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:2363 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:2363 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:2363 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 507 -116 4
2018-09-30 537 -75 14
2018-06-30 568 -34 23
2018-03-31 574 -39 23
2017-12-31 580 -45 23
2016-12-31 464 -153 24

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 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.
Raw Data
SEHK:2363 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Tongda Hong Tai Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2363 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:2363 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 0.02
2018-09-30 0.08
2018-06-30 0.15
2018-03-31 0.15
2017-12-31 0.16
2016-12-31 0.17

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Tongda Hong Tai Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Tongda Hong Tai Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Tongda Hong Tai Holdings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Tongda Hong Tai Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Tongda Hong Tai Holdings's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Tongda Hong Tai Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Tongda Hong Tai Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Tongda Hong Tai Holdings's 1-year earnings growth is negative, it can't be compared to the HK Electronic industry average.
Earnings and Revenue History
Tongda Hong Tai Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Tongda Hong Tai Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2363 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 507.43 4.07 83.24
2018-09-30 537.47 13.52 83.89
2018-06-30 567.51 22.98 84.55
2018-03-31 573.99 22.92 80.08
2017-12-31 580.48 22.86 75.62
2016-12-31 463.94 24.10 65.74
2015-12-31 422.67 25.71 49.73
2014-12-31 376.29 26.03 44.96

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Tongda Hong Tai Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Tongda Hong Tai Holdings used its assets less efficiently than the HK Electronic industry average last year based on Return on Assets.
  • Tongda Hong Tai Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Tongda Hong Tai Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Tongda Hong Tai Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

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.
Net Worth
  • 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.
Balance sheet
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 checks below.
Assets
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.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Tongda Hong Tai Holdings Company Filings, last reported 4 months ago.

SEHK:2363 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 381.46 341.27 67.66
2018-09-30 381.46 341.27 67.66
2018-06-30 418.16 238.40 46.33
2018-03-31 418.16 238.40 46.33
2017-12-31 267.51 250.17 30.35
2016-12-31 241.95 192.82 32.95
2015-12-31 171.77 97.82 44.57
2014-12-31 85.30 59.96 32.53
  • Tongda Hong Tai Holdings's level of debt (89.5%) compared to net worth is high (greater than 40%).
  • Unable to establish if Tongda Hong Tai Holdings's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 0.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Tongda Hong Tai Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Tongda Hong Tai Holdings has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Tongda Hong Tai Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Tongda Hong Tai Holdings dividends.
If you bought HK$2,000 of Tongda Hong Tai Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Tongda Hong Tai Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Tongda Hong Tai Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:2363 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Electronic Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 3.1%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 Stocks 3.7%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:2363 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Tongda Hong Tai Holdings has not reported any payouts.
  • Unable to verify if Tongda Hong Tai Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Tongda Hong Tai Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Tongda Hong Tai Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Tongda Hong Tai Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Tongda Hong Tai Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Tongda Hong Tai Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Tongda Hong Tai Holdings's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Ming Li Wong
COMPENSATION HK$432,000
AGE 36
TENURE AS CEO 0.7 years
CEO Bio

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.

CEO Compensation
  • 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:

4
Average Tenure
42
Average Age
  • The tenure for the Tongda Hong Tai Holdings management team is about average.
Management Team

Ming Li Wong

TITLE
CEO & Executive Director
COMPENSATION
HK$432K
AGE
36
TENURE
0.7 yrs

Ah Yu Wong

TITLE
Executive Director
AGE
65

Ming Zhi Wang

TITLE
Executive Director
COMPENSATION
HK$444K
AGE
36

Paan Chan

TITLE
Financial Controller
TENURE
1.2 yrs

Qiang Liu

TITLE
Head of Sales Department
AGE
41
TENURE
5.2 yrs

Qi Guo

TITLE
Deputy GM & Chief Engineer
AGE
68
TENURE
9 yrs

Ping An Ba

TITLE
Head of Engineering Department
AGE
42
TENURE
5.1 yrs

Siu Wa Lam

TITLE
Company Secretary
AGE
44
TENURE
3 yrs
Board of Directors Tenure

Average tenure and age of the Tongda Hong Tai Holdings board of directors in years:

2.2
Average Tenure
36
Average Age
  • The average tenure for the Tongda Hong Tai Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ya Nan Wang

TITLE
Chairman of the Board
AGE
60

Ming Li Wong

TITLE
CEO & Executive Director
COMPENSATION
HK$432K
AGE
36
TENURE
3.2 yrs

Ah Yu Wong

TITLE
Executive Director
AGE
65
TENURE
3.1 yrs

Ming Zhi Wang

TITLE
Executive Director
COMPENSATION
HK$444K
AGE
36
TENURE
3.2 yrs

Pik Kwan Leung

TITLE
Independent Non-Executive Director
AGE
39
TENURE
1.3 yrs

Wai Hong Sun

TITLE
Independent Non-Executive Director
AGE
32
TENURE
1.3 yrs

Alfred Wu

TITLE
Independent Non-Executive Director
AGE
36
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
27. Mar 19 Buy Wykeham Capital Limited Company 22. Mar 19 22. Mar 19 80,000 HK$1.22 HK$97,600
21. Aug 18 Buy Wykeham Capital Limited Company 16. Aug 18 16. Aug 18 455,000 HK$1.37 HK$623,350
19. Jun 18 Buy Wykeham Capital Limited Company 13. Jun 18 13. Jun 18 55,000 HK$1.65 HK$90,898
28. Jun 18 Buy Wykeham Capital Limited Company 25. Jun 18 25. Jun 18 390,000 HK$1.37 HK$535,393
04. Jun 18 Buy Wykeham Capital Limited Company 31. May 18 31. May 18 10,000 HK$1.43 HK$14,300
X
Management checks
We assess Tongda Hong Tai Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Tongda Hong Tai Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

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

Simply Wall St -

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.

Simply Wall St -

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?

Simply Wall St -

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.

Simply Wall St -

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

Simply Wall St -

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

Simply Wall St -

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)

Simply Wall St -

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)

Simply Wall St -

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.

Simply Wall St -

Company Info

Description

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.

Details
Name: Tongda Hong Tai Holdings Limited
2363
Exchange: SEHK
Founded: 2010
HK$225,047,609
189,115,638
Website: http://www.tongdahongtai.com
Address: Tongda Hong Tai Holdings Limited
Shui On Centre,
Room 1203,
Wanchai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2363 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 16. Mar 2018
Number of employees
Current staff
Staff numbers
808
Tongda Hong Tai Holdings employees.
Industry
Electronic Components
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 13:06
End of day share price update: 2019/05/23 00:00
Last estimates confirmation: 2018/03/28
Last earnings filing: 2019/04/10
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.