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Tian Chang Group Holdings Ltd.
(2182)
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Rating:45Neutral
Price Target:
HK$0.34
▼(-10.26% Downside)
Action:Reiterated
Date:07/28/26
The score is held down primarily by deteriorated financial performance (revenue decline and recent losses) and weak technical positioning (trading below all major moving averages). A strong, low-leverage balance sheet and positive 2025 cash generation provide partial support but are not enough to offset the negative earnings/valuation backdrop.
Positive Factors
Very Low Leverage
Minimal debt reduces interest and refinancing risk, preserving financial flexibility during weak trading conditions. The substantial, relatively stable equity base also gives the company resilience to absorb losses and fund operations without relying heavily on external capital.
Negative Factors
Sharp Revenue Contraction
The sustained revenue contraction points to weaker demand, reduced scale, or loss of business and limits the company’s ability to absorb fixed costs. Unless reversed, the smaller revenue base can constrain investment, bargaining power, and the path back to sustainable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Minimal debt reduces interest and refinancing risk, preserving financial flexibility during weak trading conditions. The substantial, relatively stable equity base also gives the company resilience to absorb losses and fund operations without relying heavily on external capital.
Read all positive factors
Tian Chang Group Holdings Ltd. (2182) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$207.70M
Dividend Yield3.16%
Average Volume (3M)47.73K
Price to Earnings (P/E)―
Beta (1Y)0.06
Revenue Growth-22.56%
EPS Growth-108.96%
CountryHK
Employees770
SectorIndustrials
Sector Strength72
IndustryConglomerates
Share Statistics
EPS (TTM)-0.06
Shares Outstanding620,000,000
10 Day Avg. Volume8,800
30 Day Avg. Volume47,733
Financial Highlights & Ratios
PEG Ratio-2.76
Price to Book (P/B)0.31
Price to Sales (P/S)0.45
P/FCF Ratio6.18
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Tian Chang Group Holdings Ltd. Business Overview & Revenue Model
Company Description
As an investment holding company, Tian Chang Group Holdings Ltd. supplies e-cigarette products and integrated plastic solutions across various international markets, including Hong Kong, mainland China, the United States, the United Kingdom, the N...
Tian Chang Group Holdings Ltd. Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
78
Positive
Cash Flow
64
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 438.42M | 518.78M | 539.61M | 697.51M | 1.14B | 1.12B |
| Gross Profit | 85.30M | 108.01M | 110.12M | 135.91M | 260.07M | 253.86M |
| EBITDA | 15.69M | 35.33M | 32.99M | 67.81M | 173.41M | 171.09M |
| Net Income | -36.17M | -14.46M | -13.66M | 23.46M | 105.94M | 96.26M |
Balance Sheet | ||||||
| Total Assets | 913.31M | 873.50M | 924.31M | 974.38M | 1.20B | 1.35B |
| Cash, Cash Equivalents and Short-Term Investments | 126.13M | 132.24M | 129.99M | 132.59M | 135.52M | 114.67M |
| Total Debt | 66.17M | 6.47M | 41.87M | 65.76M | 132.53M | 246.26M |
| Total Liabilities | 165.27M | 119.70M | 179.37M | 191.62M | 422.89M | 592.25M |
| Stockholders Equity | 748.04M | 753.80M | 744.94M | 782.76M | 781.73M | 754.79M |
Cash Flow | ||||||
| Free Cash Flow | 36.17M | 38.15M | 31.15M | 91.05M | 139.33M | 31.79M |
| Operating Cash Flow | 37.21M | 39.45M | 35.61M | 96.26M | 144.08M | 94.28M |
| Investing Cash Flow | -1.04M | -1.30M | 5.84M | -320.00K | -1.29M | -54.10M |
| Financing Cash Flow | -21.74M | -33.87M | -46.37M | -92.78M | -138.83M | -45.15M |
Tian Chang Group Holdings Ltd. Technical Analysis
Neutral
0.38
Price Trends
0.33
Positive
0.33
Positive
0.35
Negative
Market Momentum
<0.01
Positive
51.20
Neutral
36.36
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2182, the sentiment is Neutral. The current price of 0.38 is above the 20-day moving average (MA) of 0.34, above the 50-day MA of 0.33, and above the 200-day MA of 0.35, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.20 is Neutral, neither overbought nor oversold. The STOCH value of 36.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2182.
Tian Chang Group Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$1.45B | 3.45 | 4.37% | 3.33% | -11.27% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | HK$188.67M | 2.00 | 68.66% | ― | 77.70% | 272.14% | |
55 Neutral | HK$170.66M | 11.00 | 1.22% | 4.49% | 16.04% | 67.59% | |
47 Neutral | HK$89.24M | 3.66 | 10.30% | ― | 24.22% | 64.66% | |
45 Neutral | HK$207.70M | -5.75 | -4.82% | 3.16% | -22.56% | -108.96% | |
43 Neutral | HK$382.74M | -100.00 | -3.22% | ― | -7.37% | 58.14% |
* Industrials Sector Average
HK:2182
Tian Chang Group Holdings Ltd.
0.34
-0.04
-11.84%
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20.83%
Tian Chang Group Holdings Ltd. Corporate Events
Tian Chang Group Sets Advanced Manufacturing Platform Strategy and Expands Into New Smart Equipment Markets
Aug 12, 2026
Tian Chang Group Holdings Ltd. has outlined a strategic shift to position itself as an “Integrated Advanced Manufacturing Platform,” leveraging its established strengths in precision tooling, injection moulding, surface finishing and a...
Tian Chang Group to Build New Magnesium Thixomolding Plant in Major HK-Listed Transaction
Aug 12, 2026
Tian Chang Group Holdings Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates in manufacturing, with a strategic focus on advanced materials and semi-solid magnesium alloy injection moulding technologies. The group is expand...
Tian Chang Group Sets Board Meeting to Approve Interim Results and Consider Dividend
Aug 11, 2026
Tian Chang Group Holdings Ltd. has scheduled a board meeting for 27 August 2026 to review and approve the interim results for the six months ended 30 June 2026 for the company and its subsidiaries. The board will also consider the potential declar...
Tian Chang Warns of Sharply Wider First-Half Loss Amid Weak Demand
Jul 22, 2026
Tian Chang Group Holdings Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates an integrated plastic solutions business built around plastic injection moulding. The group aims to enhance its production efficiency and support ...
Tian Chang Group Expands Capacity With RMB28.7 Million Injection Molding Equipment Purchase
May 29, 2026
Tian Chang Group’s Huizhou subsidiary has ordered 15 plastic injection molding machines from a vendor for RMB28.7 million, with delivery in three batches over up to 105 days and part of the consideration funded from the subsidiary’s ow...
Tian Chang Shareholders Back All AGM Resolutions, Renewing Capital Mandates
May 29, 2026
Tian Chang Group Holdings Ltd. reported that all resolutions at its annual general meeting on 29 May 2026 were approved by shareholders through a poll, with voting rights attached to the company’s 620 million issued shares and no restriction...
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.