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Golden Wheel Tiandi Holdings Co. Ltd. (1232) AI Stock Analysis
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Golden Wheel Tiandi Holdings Co. Ltd.
(HKEX:1232)
The overall score is constrained primarily by very weak **financial performance**, including sustained losses, negative margins, shrinking assets, and negative equity that signal elevated balance-sheet and solvency risk. Technicals provide a partial offset, with the share price trading above major moving averages and supportive momentum, but this strength is still overshadowed by the company’s fragile fundamentals. Valuation offers limited comfort: a negative P/E indicates ongoing unprofitability rather than clear undervaluation, and the absence of dividend yield data reduces income appeal, keeping the stock in a high-risk, only moderately attractive range.
Golden Wheel Tiandi Holdings Co. Ltd. (1232) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 66.63M
- Dividend Yield
- ―
- Average Volume (3M)
- 103.42K
- Price to Earnings (P/E)
- 0.0
- Beta (1Y)
- -0.16
- Revenue Growth
- -19.44%
- EPS Growth
- ―
- Country
- Hong Kong
- Employees
- 456
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Development
Golden Wheel Tiandi Holdings Co. Ltd. Business Overview & Revenue Model
Company Description
Golden Wheel Tiandi Holdings Company Limited operates as an investment holding firm, primarily focusing on developing commercial and residential real estate throughout Mainland China and Hong Kong. The company's business activities are structured aro...
How the Company Makes Money
The company makes money primarily through (1) revenue from property development, where it develops properties and recognizes sales proceeds (and related profits) when completed units are sold to customers; (2) recurring rental income from leasing inv...
Golden Wheel Tiandi Holdings Co. Ltd. Financial Statement Overview
Summary
Financial performance is very weak: revenues have collapsed from 2.66B in 2022 to 447M in 2025, margins are deeply negative (gross -2.9%, operating -82%), equity has turned negative with shrinking assets, and leverage risk is extreme, partly offset only by recently positive but volatile operating cash flow.
Income Statement
12Very NegativeBalance Sheet
8Very NegativeCash Flow
35Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 506.92M | 452.68M | 796.38M | 2.39B | 2.66B | 1.78B |
| Gross Profit | 113.22M | 146.66M | 154.03M | 71.35M | -132.01M | -27.53M |
| EBITDA | -27.36M | 10.54M | -649.23M | -476.72M | -556.28M | -1.78B |
| Net Income | 1.28B | -584.29M | -823.94M | -1.04B | -1.05B | -1.99B |
Balance Sheet | ||||||
| Total Assets | 4.78B | 7.46B | 8.12B | 10.00B | 12.31B | 13.84B |
| Cash, Cash Equivalents and Short-Term Investments | 77.40M | 81.85M | 97.88M | 209.26M | 193.22M | 346.91M |
| Total Debt | 634.95M | 705.83M | 4.19B | 4.48B | 5.35B | 5.24B |
| Total Liabilities | 2.88B | 7.86B | 7.93B | 9.03B | 10.38B | 10.91B |
| Stockholders Equity | 1.62B | -675.10M | -93.40M | 733.00M | 1.79B | 2.84B |
Cash Flow | ||||||
| Free Cash Flow | 74.88M | 90.52M | -27.23M | 382.78M | -193.73M | 940.79M |
| Operating Cash Flow | 74.93M | 90.53M | -15.54M | 382.91M | -193.62M | 1.02B |
| Investing Cash Flow | 33.84M | 10.98M | 15.40M | 6.36M | 587.03M | 206.96M |
| Financing Cash Flow | -144.18M | -139.63M | -111.41M | -373.48M | -549.14M | -1.73B |
Golden Wheel Tiandi Holdings Co. Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1232, the sentiment is Negative. The current price of 0.39 is below the 20-day moving average (MA) of 0.43, below the 50-day MA of 0.44, and below the 200-day MA of 0.40, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 42.56 is Neutral, neither overbought nor oversold. The STOCH value of 31.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1232.
Golden Wheel Tiandi Holdings Co. Ltd. Peers Comparison
Overall Rating
- HK:123252Neutral
HK:112446Neutral
HK:075539Underperform
HK:091039Underperform
HK:615839Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| HK:1232 | 52Neutral | HKD 82.06M | 0.05 | 270.26% | ― | -19.44% | ― |
| HK:1124 | 46Neutral | HKD 45.61M | -0.09 | -77.03% | ― | -13.32% | -25.42% |
| HK:0755 | 39Underperform | HKD 36.42M | -0.72 | -13.13% | ― | 21.98% | 84.38% |
| HK:0910 | 39Underperform | HKD 62.28M | -0.09 | 193.53% | ― | -49.48% | 86.69% |
| HK:6158 | 39Underperform | HKD 69.88M | -0.00 | 60.28% | ― | -56.20% | -81.98% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1232 | Golden Wheel Tiandi Holdings Co. Ltd. | 0.39 | -0.09 | -18.75% | |
| HK:1124 | Coastal Greenland Limited | 0.11 | -0.21 | -65.08% | |
| HK:6158 | Zhenro Properties Group Limited | 0.02 | -0.02 | -56.76% | |
| HK:0845 | Glorious Property Holdings Limited | 0.01 | 0.00 | 0.00% | |
| HK:0755 | Shanghai Zendai Property Ltd. | 0.20 | -0.17 | -44.86% | |
| HK:0910 | China Sandi Holdings Ltd. | 2.04 | -0.76 | -27.14% |
Golden Wheel Tiandi Holdings Co. Ltd. Corporate Events
Golden Wheel Tiandi Swings to Interim Profit on Offshore Debt Restructuring Gain
Golden Wheel Tiandi Holdings reported interim revenue of RMB342.4 million for the six months ended 30 June 2026, an 18.8% increase year-on-year, while total contracted sales fell 44.7% to RMB167.1 million, highlighting ongoing weakness in new propert...
Golden Wheel Tiandi Flags Large Interim Profit on Debt Restructuring Gain
Golden Wheel Tiandi Holdings Company Limited has issued a positive profit alert, indicating that it expects to report a profit attributable to shareholders of at least RMB1,500 million for the six months ended 30 June 2026. This compares with a net l...
Golden Wheel Tiandi Sets August Board Meeting to Approve Interim Results and Dividend
Golden Wheel Tiandi Holdings Company Limited has scheduled a board meeting in Hong Kong on 27 August 2026 to review and approve the interim results for the six months ended 30 June 2026. The board will also consider the possible declaration of an int...
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: Aug 17, 2026