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Tian Chang Group Holdings Ltd. (2182) AI Stock Analysis

HK:2182

Tian Chang Group Holdings Ltd.

(HKEX:2182)

Select Model
Rating:57Neutral
Price Target:HKD 0.50â–²(3.51% Upside)
Action:reiterated
Date:09/12/26

The overall score reflects weakening profitability and negative ROE despite a very strong balance sheet and resilient cash flows, combined with a strong but stretched short-term price trend and a neutral, loss-affected valuation.

Positive Factors
Very low leverageVery low leverage and substantial, relatively stable equity provide a strong financial cushion while the company works through operating weakness. This reduces balance-sheet pressure, preserves borrowing capacity, and supports resilience over the next several quarters.
Negative Factors
Sharp revenue contractionThe substantial multi-year revenue contraction signals weakened business scale and reduced operating leverage. A smaller revenue base can make fixed costs harder to absorb, limit investment capacity, and keep pressure on profitability unless the company restores sustainable top-line growth.

Tian Chang Group Holdings Ltd. (2182) vs. iShares MSCI Hong Kong ETF (EWH)

-10%0%10%20%30%40%50%60%HK:2182+56.45%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 306.90M
Dividend Yield
―
Average Volume (3M)
76.91K
Price to Earnings (P/E)
-8.3
Beta (1Y)
0.10
Revenue Growth
-22.56%
EPS Growth
-108.96%
Country
Hong Kong
Employees
845
Sector
Industrials
Sector Strength
63
Industry
Conglomerates

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 Neth...

Tian Chang Group Holdings Ltd. Financial Statement Overview

Summary

Balance sheet strength with very low debt and positive operating/free cash flow is offset by sharply declining revenue, recent net losses, and negative ROE, resulting in only moderate overall financial quality.

Income Statement

32Negative

Balance Sheet

78Positive

Cash Flow

65Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue438.42M518.78M539.61M697.51M1.14B1.12B
Gross Profit85.30M108.01M110.12M135.91M260.07M253.86M
EBITDA19.14M38.62M36.84M67.81M173.41M171.09M
Net Income-36.17M-14.46M-13.66M23.46M105.94M96.26M
Balance Sheet
Total Assets913.31M873.50M924.31M974.38M1.20B1.35B
Cash, Cash Equivalents and Short-Term Investments126.13M132.24M129.99M132.59M135.52M114.67M
Total Debt66.17M6.47M41.87M65.76M132.53M246.26M
Total Liabilities165.27M119.70M179.37M191.62M422.89M592.25M
Stockholders Equity748.04M753.80M744.94M782.76M781.73M754.79M
Cash Flow
Free Cash Flow-22.46M38.15M31.15M91.05M139.33M31.79M
Operating Cash Flow44.43M39.45M35.61M96.26M144.08M94.28M
Investing Cash Flow-66.28M-1.30M5.84M-320.00K-1.29M-54.10M
Financing Cash Flow33.50M-33.87M-46.37M-92.78M-138.83M-45.15M

Tian Chang Group Holdings Ltd. Technical Analysis

Technical Analysis SentimentPositive
Last Price0.48

Price Trends

50DMA0.42Positive
100DMA0.38Positive
200DMA0.36Positive

Market Momentum

MACD0.01Positive
RSI57.52Neutral
STOCH72.73Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2182, the sentiment is Positive. The current price of 0.48 is above the 20-day moving average (MA) of 0.48, above the 50-day MA of 0.42, and above the 200-day MA of 0.36, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 57.52 is Neutral, neither overbought nor oversold. The STOCH value of 72.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2182.

Tian Chang Group Holdings Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

HK:2182 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
HK:0025HK:002563NeutralHKD 1.36B3.244.37%6.67%-11.27%―
HK:1063HK:106357NeutralHKD 70.46M2.8910.30%―24.22%64.66%
HK:2182HK:218257NeutralHKD 300.70M-8.32-4.82%―-22.56%-108.96%
HK:0630HK:063054NeutralHKD 157.71M1.6768.66%―77.70%272.14%
HK:0118HK:011850NeutralHKD 139.63M9.001.22%―16.04%67.59%
HK:2700HK:270044NeutralHKD 395.94M-333.33-3.22%―-7.37%58.14%

* Industrials Sector Average

Performance Comparison

-50%0%50%HK:2182HK:0630HK:1063HK:0025HK:0118HK:2700Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:2182 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:2182Tian Chang Group Holdings Ltd.0.480.1651.56%
HK:0630AMCO United Holding 0.16-0.14-45.67%
HK:1063Suncorp Technologies0.23-0.35-60.17%
HK:0025Chevalier International Holdings Limited4.500.8623.66%
HK:0118Cosmos Machinery Enterprises Limited0.16-0.08-32.50%
HK:2700Green International Holdings Limited0.600.1225.00%

Tian Chang Group Holdings Ltd. Corporate Events

Tian Chang Group Steps Up Capital Investment With Major Machinery Purchases and Lease Financing

Oct 7, 2026

Tian Chang Group Holdings Ltd. is expanding its manufacturing capacity on the mainland through indirect wholly owned subsidiaries Huizhou Tian Chang and Tian Hao, underscoring the importance of plastic injection molding and related machinery to its p...

Tian Chang Group Secures RMB280 Million Loan to Build Magnesium Thixomolding Plant

Oct 2, 2026

Tian Chang Group Holdings Ltd. has secured a term loan facility of up to RMB280 million from Bank of China’s Huizhou Branch to finance the construction and equipment for a new advanced materials and Magnesium Thixomolding manufacturing plant in...

Tian Chang Group Expands Magnesium Molding Capacity with HK$54.5 Million Machinery Purchase

Sep 16, 2026

Tian Chang Group Holdings’ Huizhou subsidiary has ordered 10 JSW-brand magnesium injection molding machines for about HK$54.5 million, including tariffs, in a discloseable transaction under Hong Kong listing rules. The new equipment, to be deli...

Tian Chang Group Swings to Deeper Interim Loss on Sharp Revenue Decline

Aug 27, 2026

Tian Chang Group Holdings Ltd., a Cayman Islands-incorporated and Hong Kong-listed manufacturing group, derives its income from the sale of goods, with a cost structure reflecting production and distribution operations across its markets. The company...

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 auto...

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 expanding...

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 declarati...

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: Sep 12, 2026