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Tongda Hong Tai Holdings Ltd (2363) AI Stock Analysis
Tongda Hong Tai Holdings Ltd
(HKEX:2363)
The overall score is low, driven primarily by a highly distressed financial profile with collapsing revenue, ongoing losses, negative equity, and recurring cash outflows. Technicals offer only limited support, showing a short-term rebound that is already close to overextended and still below key longer-term averages. Valuation is also weak, as the stock is loss-making with a negative P/E and no dividend, leaving little fundamental justification for the current price.
Tongda Hong Tai Holdings Ltd (2363) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 44.93M
- Dividend Yield
- ―
- Average Volume (3M)
- 77.57K
- Price to Earnings (P/E)
- -1.2
- Beta (1Y)
- 0.21
- Revenue Growth
- -55.53%
- EPS Growth
- -1300.63%
- Country
- Hong Kong
- Employees
- 11
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
Tongda Hong Tai Holdings Ltd Business Overview & Revenue Model
Company Description
Operating as an investment holding company, Tongda Hong Tai Holdings Limited is engaged in the manufacturing and distribution of protective shells for notebooks and tablets across Mainland China. The company's product line also features various assoc...
Tongda Hong Tai Holdings Ltd Financial Statement Overview
Summary
Financial performance is very weak: revenue has collapsed, losses are persistent, shareholder capital is deeply negative, and cash flows are mostly negative, with only modest recent improvement from a very distressed base.
Income Statement
18Very NegativeBalance Sheet
12Very NegativeCash Flow
22Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 44.74M | 64.44M | 71.59M | 91.26M | 150.54M | 370.69M |
| Gross Profit | 4.47M | 2.40M | 3.20M | 331.00K | -113.93M | -110.78M |
| EBITDA | -25.55M | -17.45M | -11.64M | -23.86M | -213.23M | -178.37M |
| Net Income | -38.74M | -23.80M | -25.66M | -37.85M | -231.42M | -196.96M |
Balance Sheet | ||||||
| Total Assets | 121.96M | 124.94M | 164.61M | 87.70M | 146.38M | 433.85M |
| Cash, Cash Equivalents and Short-Term Investments | 90.45M | 84.90M | 85.29M | 6.28M | 7.60M | 11.04M |
| Total Debt | 244.76M | 9.63M | 261.09M | 73.28M | 213.69M | 305.08M |
| Total Liabilities | 330.37M | 321.03M | 336.00M | 320.90M | 349.80M | 476.85M |
| Stockholders Equity | -208.41M | -196.09M | -171.39M | -233.20M | -203.42M | -43.00M |
Cash Flow | ||||||
| Free Cash Flow | 2.22M | -3.38M | 2.24M | -4.76M | -30.90M | -34.26M |
| Operating Cash Flow | 3.73M | -3.38M | 2.24M | -4.17M | -29.71M | -27.66M |
| Investing Cash Flow | 10.21M | 7.45M | 7.74M | 7.46M | -1.33M | -6.49M |
| Financing Cash Flow | -6.46M | -3.70M | 68.37M | -3.97M | 26.53M | 11.60M |
Tongda Hong Tai Holdings Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2363, the sentiment is Negative. The current price of 0.22 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.25, and below the 200-day MA of 0.31, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 26.50 is Positive, neither overbought nor oversold. The STOCH value of 14.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2363.
Tongda Hong Tai Holdings Ltd Peers Comparison
Overall Rating
HK:141579Outperform
HK:028565Neutral
HK:147855Neutral
HK:608850Neutral- HK:236342.6Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:1415 | 79Outperform | HKD 18.18B | 10.66 | 28.59% | 1.67% | 14.86% | 28.59% |
| HK:0285 | 65Neutral | HKD 49.12B | 18.88 | 6.40% | 0.82% | 4.29% | -49.39% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| HK:1478 | 55Neutral | HKD 5.38B | 3.13 | 22.89% | 12.21% | 31.14% | 215.73% |
| HK:6088 | 50Neutral | HKD 23.77B | 18.73 | 6.00% | ― | 11.05% | 6.56% |
| HK:2363 | 43Neutral | HKD 44.93M | -1.17 | 19.16% | ― | -55.53% | -1300.63% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2363 | Tongda Hong Tai Holdings Ltd | 0.22 | -0.17 | -42.86% | |
| HK:0285 | BYD Electronic (International) Co | 21.80 | -13.99 | -39.09% | |
| HK:1478 | Q Technology (Group) Co | 4.50 | -8.68 | -65.85% | |
| HK:1415 | Cowell e Holdings Inc. | 20.90 | -9.23 | -30.63% | |
| HK:6088 | FIT Hon Teng Limited | 3.35 | -2.32 | -40.92% | |
| HK:6613 | Lens Technology Co. Ltd. Class H | 13.07 | -12.66 | -49.21% |
Tongda Hong Tai Holdings Ltd Corporate Events
Tongda Hong Tai Executive Director Wang Ming Zhi to Step Down in 2026
Tongda Hong Tai Holdings Ltd has announced the resignation of executive director Wang Ming Zhi, effective 30 September 2026, as he plans to devote more time to other business commitments and work arrangements. The move leaves chairman Chan Shiu Man a...
Tongda Hong Tai Sets Out Board and Committee Structure
Tongda Hong Tai Holdings Ltd has confirmed its current board composition, outlining a five-director structure that includes one executive chairman and four independent non-executive directors. The prominence of independent directors underscores the c...
Tongda Hong Tai Swings to Interim Loss as Revenue Falls Nearly 40%
Tongda Hong Tai Holdings Limited reported interim results for the six months ended 30 June 2026, with group revenue falling by about 39.2% year-on-year to HK$30.5 million and shifting from a net profit to a net loss. The company recorded a net loss o...
Tongda Hong Tai Updates Auditor Name Following Rebranding
Tongda Hong Tai Holdings Limited has announced a change in the official name of its external auditor, which has rebranded from Prism Hong Kong Limited to CLA Prism Hong Kong Limited, with corresponding changes to its Chinese name effective 21 August...
Tongda Hong Tai Issues Profit Warning as PC Market Weakness Deepens
Tongda Hong Tai Holdings Ltd, a Hong Kong–listed electronics supplier, derives its revenue largely from the notebook and tablet computer markets and related components. Its business is sensitive to global trade dynamics and memory chip supply,...
Tongda Hong Tai Sets Board Meeting to Review Interim Results and Possible Dividend
Tongda Hong Tai Holdings Limited has scheduled a board meeting for 28 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim dividend, signalin...
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: Oct 03, 2026