Tian Cheng Holdings Limited

Tian Cheng Holdings Limited

0.65
HKD
+0.06
(+9.24%)
64.08MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.72
12.12
13.37
14.1
17.85
9.55
8.9
8.81
- -
- -
Basic EPS, GAAP
1
1.48
1.29
1.26
1.94
0.75
-3.91
-1.74
- -
- -
Free Cash Flow per Basic Share
0.24
1.93
-0.41
0.74
1.04
-1.08
-1.84
-1.06
- -
- -
Dividend per Share
- -
- -
- -
- -
0.52
1.12
- -
- -
- -
- -
Book Value per Share
0.91
2.4
3.69
4.5
9.07
8.7
4.79
2.77
- -
0.84
Tangible Book Value per Share
0.91
2.4
3.69
4.5
9.07
8.7
4.79
2.77
- -
0.84
Basic Weighted Avg Shares
22
22
22
22
19
22
22
25
29
30
Sales/Revenue/Turnover
216
270
297
314
346
212
198
223
- -
- -
Operating Margin (%)
12.16
14.58
12.11
11.12
12.43
8.72
-38.78
-21.64
- -
- -
Depreciation Expense
1
4
4
7
8
11
16
14
- -
- -
Net Income, GAAP
22
33
29
28
38
17
-87
-44
- -
- -
Effective Tax Rate (%)
14.98
16.11
20.41
19.38
17.17
17.3
- -
- -
- -
- -
Profit Margin (%)
10.34
12.23
9.67
8.96
10.89
7.86
-43.96
-19.76
- -
- -
Working Capital
-1
33
45
56
152
127
51
39
- -
17
LT Debt
- -
- -
- -
- -
1
- -
4
2
- -
- -
Total Equity
20
53
82
100
202
193
106
74
- -
30
Return on Invested Capital (%)
- -
78.43
35.63
26.54
23.27
8.19
- -
- -
- -
- -
Return on Capital (%)
- -
89.66
40.28
28.78
24.33
8.41
- -
- -
- -
- -
Return on Common Equity (%)
- -
89.66
42.49
30.86
24.93
8.44
-58.04
-48.94
- -
- -

Capital Structure

HKD

•

in mil. unless spec.
Nov'25
May'25
Nov'26
ST Debt
2
- -
2
LT Borrowings
- -
- -
- -
LT Finance Leases
2
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
30
36
Market Capitalization
39
35
64

Working Capital

HKD

•

in mil. unless spec.
Nov'25
May'25
Nov'26
Total Current Assets
68
- -
39
Cash, Cash Equivalents & STI
30
- -
20
Accounts Receivable, Net
16
- -
2
Inventories
- -
- -
- -
Total Current Liabilities
31
- -
22
Payables & Accruals
- -
- -
- -
ST Debt
2
- -
2
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
223
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-1.74
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Yanling Zheng
Full Time Employees
52
Sector
Industrial services
Industry
Engineering & construction
Address
Tai Yau Building Hong Kong Hong Kong
IPO Date
Dec 7, 2020
Business
Tian Cheng Holdings Limited (2110.HK) is an investment holding company principally engaged in the manufacture and sale of quartz stone products, artificial stones, and related building materials in the People's Republic of China. The company produces a range of engineered quartz surfaces under its primary brand, including slabs, countertops, and customized panels for residential and commercial applications; it also offers processing services such as cutting, edging, and installation support for kitchen, bathroom, and flooring solutions. Through its subsidiaries, Tian Cheng operates production facilities focused on high-pressure laminate sheets and other decorative surfaces, serving the construction, interior design, and real estate sectors primarily in domestic markets with exports to select Asian regions. Founded in 2011 and headquartered in Dongguan, Guangdong Province, China, the company maintains a vertically integrated model encompassing raw material sourcing, fabrication, and distribution. In recent developments, Tian Cheng Holdings expanded its production capacity through a strategic facility upgrade in 2024 to meet rising demand for sustainable quartz products; it also formed a key supply alliance with leading domestic real estate developers amid China's property market recovery efforts.