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Tiande Chemical Holdings Limited (HK:0609)
:0609
Hong Kong Market
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Tiande Chemical Holdings Limited (0609) AI Stock Analysis

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HK:0609

Tiande Chemical Holdings Limited

(0609)

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Neutral 62 (OpenAI - 5.2)
Rating:62Neutral
Price Target:
HK$1.50
â–²(5.63% Upside)
Action:Reiterated
Date:06/26/26
The score is driven primarily by stable financial footing (low leverage and still-positive cash flow) but tempered by materially weaker profitability and compressed returns versus prior peak years. Technical signals are bearish (price below key moving averages with negative MACD and sub-40 RSI), while reasonable valuation and a ~4.9% dividend yield provide a meaningful offset.
Positive Factors
Low leverage / strong balance sheet
A low debt-to-equity ratio and sizeable equity cushion provide durable financial resilience. This reduces interest expense sensitivity, supports investment or dividend capacity during cyclicality, and gives management flexibility to fund operations or opportunistic M&A without immediate refinancing risk.
Negative Factors
Thin and weakened profitability margins
Compressed gross and net margins materially reduce the company's buffer against raw material or pricing shocks and limit retained earnings for reinvestment. Persistently low margins constrain long-term return generation and make earnings highly sensitive to modest revenue or cost swings.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
A low debt-to-equity ratio and sizeable equity cushion provide durable financial resilience. This reduces interest expense sensitivity, supports investment or dividend capacity during cyclicality, and gives management flexibility to fund operations or opportunistic M&A without immediate refinancing risk.
Read all positive factors

Tiande Chemical Holdings Limited (0609) vs. iShares MSCI Hong Kong ETF (EWH)

Tiande Chemical Holdings Limited Business Overview & Revenue Model

Company Description
As an investment holding company, Tiande Chemical Holdings Limited focuses on the research, development, production, and global distribution of specialized chemical compounds. The company's operational footprint spans numerous international market...

Tiande Chemical Holdings Limited Financial Statement Overview

Summary
Financially stable but operating performance is weaker than the 2021–2022 peak. Income statement shows thin margins (2025 gross ~11.7%, net ~3.3%) and prior operating losses in 2024, while cash flow remains positive (2025 OCF ~278m; FCF ~92m) but declining versus recent years. Balance sheet strength (low leverage; debt-to-equity ~0.14) provides resilience, though ROE is compressed (~2.5% in 2025).
Income Statement
58
Neutral
Balance Sheet
74
Positive
Cash Flow
62
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue2.03B1.90B1.87B2.08B3.52B2.58B
Gross Profit229.87M231.33M227.48M438.84M1.48B777.87M
EBITDA209.89M224.43M154.21M436.44M1.40B678.07M
Net Income50.41M62.49M66.88M211.07M870.92M379.65M
Balance Sheet
Total Assets3.17B3.09B3.08B2.92B2.96B2.32B
Cash, Cash Equivalents and Short-Term Investments884.68M826.14M851.55M615.06M492.13M226.35M
Total Debt395.17M333.89M220.13M0.0045.72M154.76M
Total Liabilities755.72M654.28M569.51M364.24M456.06M561.92M
Stockholders Equity2.42B2.44B2.42B2.44B2.41B1.75B
Cash Flow
Free Cash Flow136.29M91.78M195.67M330.76M592.74M60.86M
Operating Cash Flow237.47M277.93M395.43M649.23M854.84M274.33M
Investing Cash Flow-469.14M-252.61M-219.65M-543.42M-469.45M-84.39M
Financing Cash Flow-152.93M-138.70M6.65M-232.55M-337.13M-88.77M

Tiande Chemical Holdings Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.42
Price Trends
50DMA
1.06
Negative
100DMA
1.12
Negative
200DMA
1.28
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
46.90
Neutral
STOCH
48.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0609, the sentiment is Negative. The current price of 1.42 is above the 20-day moving average (MA) of 1.04, above the 50-day MA of 1.06, and above the 200-day MA of 1.28, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.90 is Neutral, neither overbought nor oversold. The STOCH value of 48.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0609.

Tiande Chemical Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
HK$3.65B6.188.77%8.09%2.52%2.16%
72
Outperform
HK$1.12B5.319.19%2.22%3.26%181.56%
62
Neutral
HK$913.55M15.642.08%2.87%16.60%-12.13%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
61
Neutral
HK$21.71B9.9212.67%2.35%7.79%48.48%
59
Neutral
HK$4.93B5.6113.63%3.64%0.90%16.54%
37
Underperform
HK$12.67B-18.06-18.41%0.83%165.47%-398.61%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0609
Tiande Chemical Holdings Limited
1.04
-0.36
-25.82%
HK:1702
Dongguang Chemical Ltd.
1.80
0.60
49.38%
HK:0189
Dongyue Group Limited
12.75
0.53
4.36%
HK:2198
China Sanjiang Fine Chemicals Co., Ltd.
4.27
2.52
144.42%
HK:6616
Global New Material International Holdings Limited
9.92
5.15
107.86%
HK:0746
Lee & Man Chemical Co. Ltd.
4.33
-0.49
-10.14%

Tiande Chemical Holdings Limited Corporate Events

Tiande Chemical flags 34% interim profit drop on FX losses and higher transport costs
Jul 31, 2026
Tiande Chemical Holdings Limited has warned that profit attributable to shareholders for the six months ended 30 June 2026 is expected to decline by about 34% from a year earlier. The board attributes the drop mainly to substantial foreign‑e...
Tiande Chemical Wins Full Shareholder Backing at 2026 AGM
Jun 5, 2026
Tiande Chemical Holdings Limited reported that shareholders approved all resolutions at its 5 June 2026 annual general meeting, including the 2025 audited accounts and a final dividend of HK$0.03 per share. The meeting also confirmed the re-electi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 26, 2026