Tian Tu Capital Co., Ltd. Class H

Tian Tu Capital Co., Ltd. Class H

HHKEX:1973
2.85
HKD
-0.01
(-0.52%)
2.50BMarket Cap
Apr 06Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.63
0.68
0.3
0.04
-0.34
0.04
- -
Basic EPS, GAAP
1.53
1.04
0.81
-1.56
-1.29
0.28
- -
Free Cash Flow per Basic Share
1.22
-1.2
-0.33
-0.46
0.74
0.91
- -
Dividend per Share
- -
- -
- -
0.19
- -
- -
- -
Book Value per Share
8.31
9.42
10.53
10.54
9.29
9.57
9.29
Tangible Book Value per Share
7.88
9.4
10.53
10.54
9.29
9.57
9.29
Basic Weighted Avg Shares
693
693
693
561
693
690
693
Sales/Revenue/Turnover
1,131
473
205
23
-236
26
- -
Operating Margin (%)
149.04
79.43
-58.92
-7,431.12
688.49
144.25
- -
Depreciation Expense
90
94
25
13
12
11
- -
Net Income, GAAP
1,058
720
559
-873
-891
196
- -
Effective Tax Rate (%)
- -
2.06
67.29
- -
- -
- -
- -
Profit Margin (%)
93.57
152.08
272.88
-3,852.78
377.12
764.89
- -
Working Capital
1,638
-506
999
1,310
184
2,257
184
LT Debt
1,808
1
995
798
7
506
7
Total Equity
6,058
6,612
7,327
7,326
6,460
6,564
6,460
Return on Invested Capital (%)
- -
3.86
-0.19
- -
- -
- -
- -
Return on Capital (%)
- -
10.25
7.28
- -
- -
- -
- -
Return on Common Equity (%)
- -
11.71
8.09
-11.96
-12.98
3.02
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'22
Jun'23
Dec'24
ST Debt
- -
312
1,017
LT Borrowings
- -
785
- -
LT Finance Leases
- -
13
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
173
693
693
Market Capitalization
- -
- -
2,351

Working Capital

CNY

•

in mil. unless spec.
Jun'22
Jun'23
Dec'24
Total Current Assets
- -
1,181
1,610
Cash, Cash Equivalents & STI
- -
940
1,536
Accounts Receivable, Net
- -
57
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
595
1,426
Payables & Accruals
- -
- -
- -
ST Debt
- -
312
1,017
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
1.95%
1.61%
Free Cash Flow
- -
-106.74%
21.66%
Net Income, GAAP
- -
-86.04%
-121.96%
Sales/Revenue/Turnover
- -
-291.59%
-110.83%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
23
2024
- -
- -
-236
2025
- -
- -
26

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-1.56
2024
- -
- -
-1.29
2025
- -
- -
0.28

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.19
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Wei Dong Feng
Full Time Employees
72
Sector
Finance
Industry
Investment managers
Address
Block 1, Building B Shenzhen GD China 518053
IPO Date
Oct 6, 2023
Business
Tian Tu Capital Co Ltd (1973.HK) is a leading private equity investor and fund manager specializing in the consumer sector in China; it manages capital for institutional investors including multinational corporations, financial institutions, government-guided funds, and high-net-worth individuals, while making investments through 20 funds under management comprising 16 RMB-denominated and four USD-denominated vehicles, as well as direct investments using its own capital; core offerings encompass minority private equity and venture capital in early-stage, growth, late-stage, mature, and pre-IPO companies across consumer upgrade, innovative consumption, recreational and cultural sports consumption, food and beverage, new retail, consumer retail, healthcare, artificial intelligence, life sciences, consumer finance, consumer technology, beauty and wellness, biotechnology, and the low-altitude economy; the firm maintains interests in approximately 183 portfolio companies including standout investments such as Bama Tea, Xiaohongshu, ATRenew, Kuaikan Comics, Distinct HealthCare, Bao’s Pastry, CYYS, China Feihe, WonderLab, Yoplait China, BeBeBus, Signet, Leman Biotech, and PAM2L Biotechnologies. Founded in 2002 and headquartered in Shenzhen, China, with additional offices in Beijing, Shanghai, and Hong Kong, the company primarily operates in the mainland China market and listed H shares on the Main Board of The Stock Exchange of Hong Kong in October 2023 following its prior NEEQ listing in 2015; as of June 30, 2025, assets under management total RMB19.4 billion including RMB14.7 billion in fund commitments and RMB4.7 billion in direct investments, with external investors contributing 81.8% of committed capital. Recent developments include securing RMB486.3 million in additional fund capital in the first half of 2025; launching an RMB-denominated corporate venture capital fund in March 2025 via partnership with Ziyan Foods (603057.SH) and limited partners targeting scalable food and beverage companies; announcing a strategic partnership with L’Oréal Group (OR.PA) in March 2025 to establish a dedicated RMB Beauty Pioneer Fund for China’s beauty industry; executing divestments from 20 portfolio companies generating RMB1.07 billion in returns; upgrading its Hong Kong subsidiary Tiantu Asset Management’s SFC Type 9 license to allocate over 10% of assets to virtual assets; introducing the “Tiantu No.1” SPAC on the Micro Connect (Macao) Financial Assets Exchange employing revenue-based financing for high cash-flow businesses; and post-period, entering a July 2025 partnership for the RMB300 million Wenzhou Tiantu Zhisuan Equity Investment Fund and approving RMB300 million science and technology innovation notes in July 2025, alongside an August 2025 collaboration memorandum with HashKey Capital for potential joint funds.