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Tat Hong Equipment Service Co. Ltd.
(2153)
Tat Hong Equipment Service Co. Ltd. (2153) vs. iShares MSCI Hong Kong ETF (EWH)
Tat Hong Equipment Service Co. Ltd. Business Overview & Revenue Model
Tat Hong Equipment Service Co. Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 664.57M | 634.56M | 682.29M | 770.75M | 867.02M | 792.96M |
| Gross Profit | 64.98M | 71.10M | 80.76M | 173.23M | 234.14M | 273.28M |
| EBITDA | 181.06M | 231.88M | 244.75M | 284.95M | 308.39M | 394.75M |
| Net Income | -111.41M | -120.55M | -95.64M | -35.81M | 47.63M | 101.23M |
Balance Sheet | ||||||
| Total Assets | 3.22B | 3.11B | 3.08B | 3.15B | 2.92B | 2.48B |
| Cash, Cash Equivalents and Short-Term Investments | 185.13M | 158.56M | 154.51M | 177.48M | 195.22M | 364.39M |
| Total Debt | 1.29B | 1.26B | 1.18B | 1.07B | 700.69M | 549.82M |
| Total Liabilities | 1.83B | 1.80B | 1.66B | 1.64B | 1.35B | 930.81M |
| Stockholders Equity | 1.38B | 1.30B | 1.42B | 1.52B | 1.57B | 1.55B |
Cash Flow | ||||||
| Free Cash Flow | -33.39M | 22.18M | -104.33M | -253.33M | -355.15M | -23.26M |
| Operating Cash Flow | 88.77M | 310.83M | 90.67M | 231.58M | 223.97M | 265.57M |
| Investing Cash Flow | -92.26M | -253.61M | -158.58M | -464.23M | -313.90M | -465.45M |
| Financing Cash Flow | 29.84M | -51.31M | 51.33M | 219.00M | 110.73M | 306.67M |
Tat Hong Equipment Service Co. Ltd. Technical Analysis
Tat Hong Equipment Service Co. Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | HK$280.00M | 9.93 | 6.36% | 4.90% | 18.37% | 297.18% | |
| ― | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
| ― | HK$1.43B | 39.90 | 13.78% | ― | 69.91% | 188.89% | |
| ― | HK$718.56M | -2.15 | -89.45% | ― | 12.16% | -16700.00% | |
| ― | HK$97.15M | ― | -17.69% | ― | -65.44% | -149200.00% | |
| ― | €1.27B | ― | -8.98% | ― | -7.98% | -25.03% |
Tat Hong Equipment Service Co. Ltd. Corporate Events
Tat Hong Equipment Service Co., Ltd. announced the launch of its seventh issue of commercial papers in digital securities under the SDAX Multicurrency CP Facility Programme. The issuance, denominated in Singapore Dollars with a 4.50% interest rate, aims to raise between SGD20 million and SGD25 million from accredited and institutional investors, with proceeds intended for working capital in the company’s principal businesses.
The most recent analyst rating on (HK:2153) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Tat Hong Equipment Service Co. Ltd. stock, see the HK:2153 Stock Forecast page.
Tat Hong Equipment Service Co., Ltd. held its 2025 Annual General Meeting on September 26, 2025, where all proposed resolutions were unanimously approved. These resolutions included the re-election of directors, re-appointment of auditors, and granting of mandates for share issuance and buybacks, as well as the adoption of amended articles of association. This unanimous approval reflects strong shareholder support and positions the company for continued stability and governance improvements.
The most recent analyst rating on (HK:2153) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Tat Hong Equipment Service Co. Ltd. stock, see the HK:2153 Stock Forecast page.
Tat Hong Equipment Service Co., Ltd. has clarified the nature and payment terms of its Purchase Agreement with China Nuclear Industry Huaxing Construction Co., Ltd. The agreement involves the procurement of machines to support the company’s ongoing projects, with a total value of RMB350 million. The payment terms include an offset mechanism where 30% of lease service fees receivable will be used to offset the equipment purchase, amounting to approximately RMB42 million. The company anticipates that the offset will be completed over four to five years, with the remaining balance covered by future projects. This arrangement is expected to optimize cash flow and does not obligate China Nuclear Industry to increase the offset ratio or provide additional collateral.
The most recent analyst rating on (HK:2153) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Tat Hong Equipment Service Co. Ltd. stock, see the HK:2153 Stock Forecast page.
Tat Hong Equipment Service Co., Ltd. has announced its 2025 Annual General Meeting scheduled for September 26, 2025, in Shanghai. Key agenda items include the adoption of financial statements, re-election of directors, re-appointment of auditors, and authorization for directors to manage share allotments. These resolutions aim to ensure continuity in leadership and financial oversight, while also granting the board flexibility in capital management, potentially impacting shareholder value and market positioning.
The most recent analyst rating on (HK:2153) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Tat Hong Equipment Service Co. Ltd. stock, see the HK:2153 Stock Forecast page.
Tat Hong Equipment Service Co., Ltd. announced a discloseable transaction involving its subsidiary, Huaxing Tat Hong, entering into a purchase agreement with China Nuclear Industry for 76 tower cranes and ancillary parts, valued at approximately RMB53.17 million. This transaction, which exceeds a 5% applicable percentage ratio, is subject to reporting and announcement requirements under Hong Kong’s Listing Rules. The purchase agreement terms were negotiated based on the reputation of China Nuclear Industry, the quality of the machines, and market prices, and the payment will be offset against future lease service fees.
Tat Hong Equipment Service Co., Ltd. has announced a change in its board of directors, with Mr. Guo Jinjun resigning as a non-executive director due to work re-arrangement, effective August 12, 2025. Mr. Wang Dongjie, with over 30 years of experience in China’s construction engineering industry, has been appointed as the new non-executive director. This change in leadership could potentially influence the company’s strategic direction and operational focus, given Mr. Wang’s extensive background in construction engineering and management.
Tat Hong Equipment Service Co., Ltd. has announced an updated list of its board of directors effective from August 12, 2025. The board includes executive, non-executive, and independent non-executive directors, with the establishment of key committees such as the Audit, Remuneration, and Nomination Committees. This restructuring aims to enhance corporate governance and strengthen the company’s strategic oversight.
Tat Hong Equipment Service Co., Ltd., incorporated in the Cayman Islands, has updated the terms of reference for its Nomination Committee. The committee will consist of at least three directors, primarily independent non-executive directors, with a focus on gender diversity. The committee is tasked with overseeing nominations and ensuring transparency in the selection process, meeting at least once a year to fulfill its responsibilities.
Tat Hong Equipment Service Co., Ltd. has announced its intention to amend its Articles of Association to align with the latest regulatory requirements, including provisions for hybrid meetings and electronic voting. These proposed amendments, which also allow the company to hold repurchased shares as treasury shares, are subject to shareholder approval at the upcoming annual general meeting in September 2025.