Ta Yang Group Holdings Limited (1991) AI Stock Analysis

• Market Cap: HK$218.45M
• Dividend Yield: N/A
• Average Volume (3M): 481.20K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.18
• Revenue Growth: -38.26%
• EPS Growth: 35.05%
• Country: HK
• Employees: 715
• Sector: Communication Services
• Sector Strength: 97
• Industry: Auto - Parts
• EPS (TTM): -0.08
• Shares Outstanding: 172,006,700
• 10 Day Avg. Volume: 365,950
• 30 Day Avg. Volume: 481,198
• PEG Ratio: 0.74
• Price to Book (P/B): 41.70
• Price to Sales (P/S): 1.35
• P/FCF Ratio: -34.76
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• Price Target: HK$1.00 ▼(-21.26% Downside)

The overall stock score of 38 reflects significant financial and technical challenges. The company's financial performance is weak, with declining revenues and high leverage posing risks to sustainability. Technical analysis indicates bearish momentum, and valuation metrics are unfavorable with a negative P/E ratio. These factors collectively suggest a cautious outlook for the stock.

Ta Yang Group Holdings Limited Business Overview & Revenue Model

Company Description

Ta Yang Group Holdings Limited, an investment holding company, designs, manufactures, and sells silicone rubber input devices in Hong Kong, the People's Republic of China, rest of Asian countries, the United States, Europe, and internationally. It operates through Silicone Rubber and Related Products, and Healthcare and Hotel Services segments. The company's silicone rubber input devices primarily used in consumer electronic devices, keypads for computers and notebooks, mobile phone peripheral products, and automotive peripheral products. In addition, it provides healthcare and hotel services, as well as retail and management services; and trades in silicone rubber. The company was founded in 1991 and is based in Central, Hong Kong. Ta Yang Group Holdings Limited operates as a subsidiary of Lyton Maison Limited.

How the Company Makes Money

Ta Yang Group Holdings Limited generates its revenue through multiple channels, including the sale of manufactured goods, trading activities, and supply chain management services. The company earns money by producing and distributing electrical appliances and electronic components, which are sold to both domestic and international markets. Key revenue streams include direct sales to retailers, partnerships with distributors, and contracts with manufacturers for supply chain logistics. Significant partnerships with established brands and retailers help to secure steady orders and enhance market presence, contributing to the overall earnings of the company.

Ta Yang Group Holdings Limited Financial Statement Overview

Summary

Ta Yang Group Holdings Limited faces significant financial challenges, with declining revenues, persistent losses, high leverage, and poor cash flow generation. These factors collectively indicate a struggling financial state that poses risks to long-term sustainability.

Income Statement

The income statement reveals a challenging financial situation, with declining revenues and negative profitability metrics. Gross profit margin was 12.02% for the latest period, showing a decrease from the prior year. Net profit margin remains negative at -6.56%, indicating ongoing losses. Revenue has decreased over the last two years, with a significant decline from 2022 to 2023. EBIT and EBITDA margins are also negative, reflecting operating inefficiencies.

Balance Sheet

The balance sheet shows a weak equity position and high leverage. The debt-to-equity ratio is significantly high, indicating potential solvency risks. Return on equity is negative due to continued losses. The equity ratio stands at 5.09%, showing a low proportion of assets funded by equity, which raises concerns about financial stability.

Cash Flow

Cash flow analysis highlights severe cash management challenges, with negative operating cash flow and free cash flow in recent periods. The company is struggling to generate cash from operations, reflected in a zero or negative free cash flow. The absence of positive cash flow to net income ratios indicates an inability to convert profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	746.63M	970.06M	1.21B	343.54M	362.53M	354.19M
Gross Profit	141.26M	116.59M	93.02M	83.48M	76.28M	77.67M
EBITDA	22.57M	-26.61M	-24.42M	-36.19M	-37.44M	-47.68M
Net Income	-56.91M	-63.63M	-88.03M	-98.06M	-84.90M	-95.83M
Balance Sheet
Total Assets	713.13M	616.02M	699.19M	641.52M	788.45M	786.34M
Cash, Cash Equivalents and Short-Term Investments	7.30M	11.92M	28.02M	24.00M	59.60M	31.80M
Total Debt	240.25M	240.16M	266.07M	261.26M	78.80M	251.59M
Total Liabilities	678.52M	585.62M	631.61M	505.14M	546.51M	508.14M
Stockholders Equity	21.02M	31.35M	74.43M	137.46M	242.46M	275.06M
Cash Flow
Free Cash Flow	6.42M	-37.61M	-6.23M	-57.47M	-85.92M	-4.82M
Operating Cash Flow	18.78M	-25.24M	-1.09M	-52.12M	-75.49M	16.83M
Investing Cash Flow	-27.46M	-8.80M	31.47M	37.48M	130.46M	-2.91M
Financing Cash Flow	-4.43M	3.41M	-29.53M	-29.79M	-19.77M	-81.23M

Ta Yang Group Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.27
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1991, the sentiment is Positive. The current price of 1.27 is below the 20-day moving average (MA) of 1.32, below the 50-day MA of 1.37, and above the 200-day MA of 0.98, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 54.43 is Neutral, neither overbought nor oversold. The STOCH value of 37.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1991.

Ta Yang Group Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1930	61 Neutral	HK$247.50M	13.44	4.80%	1.92%	3.40%	20.78%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
6830	54 Neutral	HK$486.53M	9.11	3.56%	1.11%	14.93%	19.84%
6162	53 Neutral	HK$1.06B	-2,650.00	-0.12%	―	23.71%	-112.50%
1241	48 Neutral	HK$137.15M	-7.99	-5.93%	―	-73.61%	-2.33%
6163	44 Neutral	HK$70.47M	-4.74	-11.68%	―	35.28%	25.28%
1991	38 Underperform	HK$218.45M	-3.18	-169.48%	―	-38.26%	35.05%

Ta Yang Group Holdings Limited Corporate Events

Ta Yang Group Holdings Limited Provides Update on Share Option Scheme

Ta Yang Group Holdings Limited, a company incorporated in the Cayman Islands, announced supplementary information regarding its share option scheme for the year ended 31 December 2024. As of both 1 January and 31 December 2024, the company had 87,117,800 share options available for grant, representing approximately 6.63% of the total issued shares. No share options were granted during this period, and the announcement does not affect other information in the annual report.

Ta Yang Group Completes Share Subscription, Alters Shareholding Structure

Ta Yang Group Holdings Limited, a company incorporated in the Cayman Islands, has announced the completion of the remaining part of its share subscriptions under a general mandate. The completion of the subscription agreement with Subscriber IV has resulted in changes to the company’s shareholding structure, with a slight dilution of existing shareholders’ percentages. This development may impact the company’s market positioning and stakeholder interests by potentially increasing its capital base and altering control dynamics.

Ta Yang Group Holdings Contemplates Rights Issue for Strategic Growth

Ta Yang Group Holdings Limited has announced a potential rights issue to support its strategic transformation and RWA ecosystem deployment. The funds raised will be used for AI digital human R&D, asset portfolio construction, cryptocurrency purchases, and working capital replenishment, highlighting the company’s commitment to future business development.

Ta Yang Group Completes Share Subscription with Subscriber III

Ta Yang Group Holdings Limited has completed part of its share subscription under a general mandate, specifically the agreement with Subscriber III. This completion, effective as of September 15, 2025, alters the company’s shareholding structure, with Subscriber III now holding a 2.16% stake. The changes in shareholding reflect strategic financial maneuvers that could impact the company’s market positioning and stakeholder interests.

Ta Yang Group Completes Partial Share Subscription, Alters Shareholding Structure

Ta Yang Group Holdings Limited has completed part of its share subscription under a general mandate, involving an agreement with Subscriber I. This completion impacts the company’s shareholding structure, reducing the percentage of shares held by Lyton Maison Limited and other public shareholders while introducing Subscriber I as a new significant shareholder.

Ta Yang Group Reports Interim Profit Amid Revenue Decline

Ta Yang Group Holdings Limited reported its unaudited interim results for the six months ending June 30, 2025, showing a significant decrease in revenue from HK$514,096,000 in 2024 to HK$290,663,000 in 2025. Despite the revenue drop, the company managed to turn a profit of HK$2,411,000 compared to a loss of HK$31,657,000 in the same period last year, indicating improved cost management and operational efficiency.

Ta Yang Group Completes Share Subscription Agreements

Ta Yang Group Holdings Limited has completed part of its share subscription agreements with Subscriber II and Subscriber V under a general mandate, as announced by the company’s board. This completion, effective from August 19, 2025, impacts the company’s shareholding structure, with notable changes in the percentage of shares held by different stakeholders, including a decrease in Lyton Maison Limited’s shareholding percentage and the introduction of new shares held by Subscriber II and Subscriber V.

Ta Yang Group Holdings Schedules Board Meeting for Interim Results

Ta Yang Group Holdings Limited has announced a board meeting scheduled for August 29, 2025, to discuss and approve the interim results for the first half of the year ending June 30, 2025. The meeting will also consider the payment of an interim dividend, highlighting the company’s ongoing financial activities and potential shareholder returns.

Ta Yang Group Holdings Issues Shares to Bolster Digital Marketing and Repay Loans

Ta Yang Group Holdings Limited announced the issuance of shares under a general mandate, with proceeds intended to support its digital marketing business and the Yalong Bay project. The company plans to allocate HK$8 million for digital marketing operations, focusing on technology upgrades, team development, and market expansion, while HK$10 million will be used to repay part of the outstanding loan related to its underperforming healthcare and hotel business segment. The subscription price of HK$1.20 per share represents a significant premium over the recent average closing price, indicating a strategic move to strengthen its financial position.