Tianjin Development Holdings Limited, through its subsidiaries, supplies electricity, water, heat, and thermal power to industrial, commercial, and residential customers in the Tianjin Economic and Technological Development Area, the People’s Republic of China.
The last earnings update was 77 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
Tianjin Development 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
Tianjin Development Holdings's
is considered below, and whether this is a fair price.
Price based on past earnings
Tianjin Development Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?
Tianjin Development Holdings's earnings are expected to grow significantly at over 20% yearly.
Tianjin Development Holdings's revenue is expected to grow by 2.8% yearly, however this is not considered high growth (20% yearly).
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.
Tianjin Development 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.
Tianjin Development 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
Tianjin Development Holdings's finances.
The net worth of a company is the difference between its assets and liabilities.
Tianjin Development Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Tianjin Development Holdings's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Tianjin Development 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 4.9x 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. ZhiYong Wang has been General Manager at Tianjin Development Holdings Ltd. since July 16, 2014. Mr. Wang served as Deputy General Manager of Tianjin Jinlian Investment Holdings Company Limited since November 2010. He has been Deputy General Manager of Tianjin Development Holdings Ltd. since May 14, 2010. Mr. Wang serves as General Manager of Tsinlien Group Tianjin Asset Management Company Limited (“Tsinlien GroupTianjin Asset“), a wholly owned subsidiary of Tsinlien Group Company Limited. He has been Deputy General Manager of Tianjin Development Assets Management Co., Ltd., a wholly owned subsidiary of Tianjin Development Holdings Ltd. since May 14, 2010. He served as Deputy General Manager of Tianjin Development Holdings Ltd. since May 14, 2010 Until July 2014. From September 2009 to July 2010, Mr. Wang served as an Assistant to General Manager and General Manager of Finance Market Department of Jinlian Group Company Limited. From July 1998 to July 2010, he served as Manager and Deputy General Manager and General Manager of Jinlian Group (Tianjin) Asset Management Company Limited. From July 1994 to June 1998, he served as Head of the International Trading Department of Northern International Trust Investment Company Limited. He served as Deputy General Manager and Manager of the Finance Department of Tsinlien Group Tianjin Asset. He served as an Assistant to the General Manager of Tsinlien Group. He joined Tsinlien Group Tianjin Asset in 1998. He served as the Head of Operations of the International Department of (Bei Fang International Trust and Investment Company Limited). He serves as an Executive Director of Tianjin Tianduan Press Co., Ltd. He has been an Executive director of Tianjin Development Holdings Ltd. since October 27, 2009. He has been a Director of Jinlian Group Company Limited since April 2010. Mr. Wang served as a Non Executive Director of Tianjin Jinran Public Utilities Company Limited since June 20, 2012 until November 3, 2014. In 2006, Mr. Wang was awarded the title of Outstanding Section Cadre Leader of WorkCommittee of Developing Area and Bonded Area. Mr. Wang graduated from Nankai University in 1994 with a Bachelor's Degree of International Finance. He has a Master's Degree in Global Economy from Nankai University in 2009.
Zhiyong's compensation has increased by more than 20% in the past year.
Zhiyong's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the
Tianjin Development Holdings
management team in years:
The tenure for the Tianjin Development Holdings management team is about average.
GM & Executive Director
Deputy GM & CFO
Deputy GM & Executive Director
Assistant to General Manager
Deputy General Manager
Board of Directors Tenure
Average tenure and age of the
Tianjin Development Holdings
board of directors in years:
The tenure for the Tianjin Development Holdings board of directors is about average.
Tianjin Development Holdings Limited, through its subsidiaries, supplies electricity, water, heat, and thermal power to industrial, commercial, and residential customers in the Tianjin Economic and Technological Development Area, the People’s Republic of China. It operates through six segments: Utilities, Pharmaceutical, Hotel, Electrical and Mechanical, Port Services, and Elevators and Escalators. The company has an electricity transmission capacity of approximately 706,000 kVA; daily water supply capacity of approximately 425,000 tons; and steam transmission pipelines of approximately 360 kilometers, 105 processing stations, and daily distribution capacity of approximately 30,000 tons. Tianjin Development Holdings Limited also provides services in relation to maintenance of power supply equipment and technical consultancy; and offers services in installation and maintenance of water pipes, and technical consultancy, as well as engages in the retail and wholesale of water pipes and related parts. In addition, the company is involved in the manufacture and sale of presses, and mechanical and hydroelectric equipment, as well as large scale pump units. Further, it operates Courtyard by Marriott Hong Kong, a four-star hotel; researches and develops medicine technology and products; manufactures and sells chemical drugs; manufactures and prints pharmaceutical packaging products, as well as sells other paper-based packaging materials; manufactures and sells elevators and escalators; and provides port services. The company is based in Central, Hong Kong. Tianjin Development Holdings Limited is a subsidiary of Tsinlien Group Company Limited.
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