Tianjin Binhai Teda Logistics (Group) Corporation Limited, together with its subsidiaries, provides logistics services primarily in the People’s Republic of China. More Details
Undervalued with adequate balance sheet.
Share Price & News
How has Tianjin Binhai TEDA Logistics (Group)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8348 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 8348 underperformed the Hong Kong Logistics industry which returned 3.1% over the past year.
Return vs Market: 8348 underperformed the Hong Kong Market which returned 2.3% over the past year.
Price Volatility Vs. Market
How volatile is Tianjin Binhai TEDA Logistics (Group)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHere's What We Think About Tianjin Binhai TEDA Logistics (Group)'s (HKG:8348) CEO Pay
1 month ago | Simply Wall StWe're Not Counting On Tianjin Binhai TEDA Logistics (Group) (HKG:8348) To Sustain Its Statutory Profitability
1 month ago | Simply Wall StInsufficient Growth At Tianjin Binhai TEDA Logistics (Group) Corporation Limited (HKG:8348) Hampers Share Price
Is Tianjin Binhai TEDA Logistics (Group) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 8348 (HK$0.34) is trading below our estimate of fair value (HK$8.8)
Significantly Below Fair Value: 8348 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8348 is good value based on its PE Ratio (10.5x) compared to the HK Logistics industry average (14x).
PE vs Market: 8348 is good value based on its PE Ratio (10.5x) compared to the Hong Kong market (11.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8348's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8348 is good value based on its PB Ratio (0.1x) compared to the HK Logistics industry average (0.9x).
How is Tianjin Binhai TEDA Logistics (Group) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation 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 Tianjin Binhai TEDA Logistics (Group) 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.
- Examine whether Tianjin Binhai TEDA Logistics (Group) is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Tianjin Binhai TEDA Logistics (Group) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Transportation industry.
How has Tianjin Binhai TEDA Logistics (Group) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8348 has a large one-off gain of CN¥15.9M impacting its June 30 2020 financial results.
Growing Profit Margin: 8348's current net profit margins (0.4%) are lower than last year (0.4%).
Past Earnings Growth Analysis
Earnings Trend: 8348's earnings have declined by 34.2% per year over the past 5 years.
Accelerating Growth: 8348's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 8348 had negative earnings growth (-9.2%) over the past year, making it difficult to compare to the Logistics industry average (-14.5%).
Return on Equity
High ROE: 8348's Return on Equity (3.9%) is considered low.
How is Tianjin Binhai TEDA Logistics (Group)'s financial position?
Financial Position Analysis
Short Term Liabilities: 8348's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 8348's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥111.1M).
Debt to Equity History and Analysis
Debt Level: 8348's debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: 8348's debt to equity ratio has increased from 10.4% to 32.3% over the past 5 years.
Debt Coverage: 8348's debt is well covered by operating cash flow (38.4%).
Interest Coverage: 8348's interest payments on its debt are not well covered by EBIT (2.7x coverage).
What is Tianjin Binhai TEDA Logistics (Group) current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8348's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8348's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 8348's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8348's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 8348 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 8348's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Weihong Yang (51 yo)
Mr. Weihong Yang has been General Manager of Tianjin Binhai TEDA Logistics (Group) Corp. Ltd. since March 20, 2018 and serves as its Chairman of the Board. Mr. Yang graduated from the Department of Computi ...
CEO Compensation Analysis
Compensation vs Market: Weihong's total compensation ($USD123.53K) is below average for companies of similar size in the Hong Kong market ($USD233.00K).
Compensation vs Earnings: Weihong's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chief Financial Officer||1.42yrs||no data||no data|
|VP, Deputy GM and GM of Headquarters of Planning & Development and Security & Technique Department||no data||no data||no data|
|Executive VP||no data||no data||no data|
|VP, Deputy GM||no data||no data||no data|
|Company Secretary||6.58yrs||no data||no data|
Experienced Management: 8348's management team is considered experienced (2.6 years average tenure).
|Independent Non-Executive Director||8.17yrs||CN¥150.00k||no data|
|Independent Non-Executive Director||6.33yrs||CN¥150.00k||no data|
|Chairman of Supervisory Board||no data||no data||no data|
|Independent Supervisors||3.42yrs||no data||no data|
|Non-Executive Director||2.42yrs||CN¥50.00k||no data|
|Independent Non-Executive Director||6.33yrs||no data||no data|
|Non-Executive Director||2.25yrs||CN¥50.00k||no data|
|Independent Non-Executive Director||1.92yrs||CN¥150.00k||no data|
|Staff Representative Supervisor & Deputy GM of Internal Audit- Risk Management Department.||3.42yrs||no data||no data|
|Non-Executive Director||1.42yrs||CN¥32.00k||no data|
|Non-Executive Director||0.33yr||no data||no data|
Experienced Board: 8348's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tianjin Binhai TEDA Logistics (Group) Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: Tianjin Binhai TEDA Logistics (Group) Corporation Limited
- Ticker: 8348
- Exchange: SEHK
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: HK$120.466m
- Shares outstanding: 354.31m
- Website: https://www.tbtl.cn
Number of Employees
- Tianjin Binhai TEDA Logistics (Group) Corporation Limited
- No. 39, Bohai Road
- Tianjin Eco and Technological Dev Zone
- Tianjin Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8348||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Foreign Shares-Foreign Listed||HK||HKD||Apr 2008|
Tianjin Binhai Teda Logistics (Group) Corporation Limited, together with its subsidiaries, provides logistics services primarily in the People’s Republic of China. The company operates in two segments, Log ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/25 12:56|
|End of Day Share Price||2020/10/23 00:00|
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.