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China Tangshang Holdings Limited.

China Tangshang Holdings Limited.

HHKEX:674
0.05
HKD
+0.00
(+6.52%)
294.85MMarket Cap
China Tangshang Holdings Limited.
HKEX:674
(Hong Kong Exchange)

Recent

price

0.05

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
HKD
0.31
0.46
0.35
0.34
0.2
0.14
0.08
0.08
0.08
0.06
0.03
0.11
0.24
0.26
0.17
0.19
- -
Revenue per Share
-0.48
-0.45
-0.12
-0.08
-0.63
-0.16
-0.09
-0.01
-0.02
-0.03
-0.01
- -
0.01
-0.03
-0.03
-0.02
- -
Basic EPS, GAAP
-0.08
-0.3
-0.18
-0.07
-0.17
-0.06
-0.15
0.01
-0.05
0.01
-0.02
0.15
0.13
-0.06
- -
0.02
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.54
1.37
1.15
1.03
0.32
0.15
0.13
0.1
0.09
0.09
0.16
0.17
0.23
0.19
0.17
0.15
0.15
Book Value per Share
1.21
0.93
0.8
0.69
0.32
0.15
0.13
0.1
0.09
0.09
0.16
0.17
0.23
0.19
0.17
0.15
0.15
Tangible Book Value per Share
556
648
666
666
707
799
1,007
1,078
1,078
1,078
2,002
2,309
2,767
3,428
3,428
3,428
3,428
Basic Weighted Avg Shares
174
299
230
224
141
113
79
81
81
66
56
257
651
877
581
661
- -
Sales/Revenue/Turnover
-64.06
-27.56
6.68
-25.63
-63.56
-68.58
-109.36
-81.53
-13.55
-8.13
-36.64
31.72
26.2
-4
11.71
16.37
- -
Operating Margin (%)
49
50
54
35
29
16
14
11
5
1
2
3
2
2
2
- -
- -
Depreciation Expense
-266
-294
-78
-52
-445
-131
-90
-11
-19
-37
-13
8
30
-115
-89
-77
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
36.71
34.74
- -
- -
- -
- -
Effective Tax Rate (%)
-153.19
-98.17
-34.04
-23.32
-314.92
-116.4
-114.18
-13.6
-23.17
-56.46
-23.77
3.12
4.67
-13.11
-15.33
-11.67
- -
Profit Margin (%)
377
76
-7
128
112
-45
2
85
80
55
493
531
1,417
1,239
1,201
1,054
1,054
Working Capital
- -
11
- -
- -
26
18
- -
42
38
169
498
483
590
550
463
452
452
LT Debt
889
946
772
683
240
116
134
101
92
129
562
600
1,042
904
823
752
752
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.77
7.56
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.79
0.26
- -
- -
- -
- -
Return on Capital (%)
-27.9
-32.77
-9.33
-7.2
-94.39
-69.8
-69.31
-8.74
-17.85
-37.36
-5.73
2.13
5.11
-15.68
-14.41
-14.11
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
35
36
39
LT Borrowings
199
206
215
LT Finance Leases
265
254
237
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,428
3,428
3,428
Market Capitalization
456
264
295

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
2,082
1,924
1,376
Cash, Cash Equivalents & STI
39
95
65
Accounts Receivable, Net
- -
- -
- -
Inventories
1,476
1,305
800
Total Current Liabilities
881
717
322
Payables & Accruals
- -
- -
- -
ST Debt
35
36
39
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
40.77%
9.91%
-8.59%
Free Cash Flow
-279.4%
-367.02%
-547.97%
Net Income, GAAP
-41.16%
-79.28%
-13.39%
Sales/Revenue/Turnover
46.5%
105.12%
13.81%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
877
2025
- -
- -
581
2026
- -
- -
661

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.03
2025
- -
- -
-0.03
2026
- -
- -
-0.02

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
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Business
China Tangshang Holdings Limited is an investment holding company principally engaged in property sub-leasing and investment business, property development business, and money lending business. The company operates through three main segments: property sub-leasing and investment, which involves sub-leasing and leasing of investment properties including office buildings held as right-of-use assets; property development, which encompasses the development and sale of real estate properties such as residential units, car parks, and commercial shops in projects including Tangshang Hanlin Mansion in Dongguan with a gross floor area of approximately 88,000 sq.m and Puning Tangshang Zhongyang Garden in Jieyang with a gross floor area of approximately 216,000 sq.m; and money lending, which provides loans to individuals and corporations under the Money Lenders Ordinance in Hong Kong. It generates finance lease receivables from property sub-leasing arrangements and holds completed properties for sale or lease valued at HK$1,304.6 million as of 30 September 2025. The company targets customers in the real estate sector including property purchasers, lessees, and borrowers, with primary operations in Hong Kong and the People's Republic of China. Incorporated in Bermuda in 1990 and listed on the Hong Kong Stock Exchange in 1991 under stock code 0674.HK, China Tangshang Holdings Limited maintains its principal office at Room 1102, 11/F, Park Tower, 15 Austin Road, Tsimshatsui, Hong Kong. In recent developments, the group completed the acquisition of Reach Glory Holdings Limited on 10 March 2023, securing indirect control of 70% equity in Puning Huachuangwen Industrial Development Co., Ltd. for CNY 315 million through issuance of consideration shares and convertible bonds; holds 90% equity in Huachuangwen Land following prior purchases from related parties in 2020 and 2021; entered a letter of intent through Puning Huachuangwen for potential cooperation on an urban renewal project in the PRC; and pursues diversification into tourism leveraging underutilized property assets while exploring new investment opportunities in the PRC to enhance revenue streams.