1. China Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Tiangong International Co. Ltd.

Tiangong International Co. Ltd.

HHKEX:826
2.46
HKD
-0.08
(-3.15%)
8.39BMarket Cap
Mar 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.76
2.25
1.54
1.52
1.76
2.06
2.11
2.03
2.11
1.82
1.86
1.76
1.73
- -
Basic EPS, GAAP
0.24
0.23
0.03
0.05
0.08
0.11
0.16
0.21
0.24
0.18
0.13
0.13
0.15
- -
Free Cash Flow per Basic Share
-0.19
-0.07
0.09
0.05
-0.04
0.2
-0.05
0.32
0.03
-0.08
-0.09
0.08
-0.01
- -
Dividend per Share
0.05
0.05
0.04
0.01
0.01
0.04
0.04
0.05
0.08
0.06
0.04
0.06
0.05
- -
Book Value per Share
1.64
1.77
1.75
1.81
1.86
1.84
1.96
2.1
2.37
2.46
2.55
2.6
2.73
2.73
Tangible Book Value per Share
1.59
1.73
1.7
1.77
1.82
1.79
1.91
2.03
2.3
2.3
2.38
2.44
2.57
2.57
Basic Weighted Avg Shares
1,931
2,014
2,220
2,220
2,221
2,432
2,539
2,567
2,723
2,788
2,779
2,743
2,725
2,725
Sales/Revenue/Turnover
3,397
4,536
3,429
3,376
3,898
5,022
5,370
5,221
5,745
5,067
5,163
4,832
4,719
- -
Operating Margin (%)
21.27
16.24
6.27
5.89
8.35
8
10.75
14.08
14.69
9.95
10.91
8.71
9.57
- -
Depreciation Expense
140
175
192
214
222
228
242
269
300
333
386
401
402
- -
Net Income, GAAP
470
463
73
111
169
259
395
537
664
504
370
359
400
- -
Effective Tax Rate (%)
22.77
14.96
15.34
11.4
19.9
4.85
10.29
13.11
10.65
- -
9.78
1.95
6.66
- -
Profit Margin (%)
13.83
10.22
2.12
3.28
4.34
5.15
7.36
10.29
11.56
9.94
7.17
7.42
8.48
- -
Working Capital
948
1,451
1,022
727
1,419
1,911
1,706
1,802
3,277
2,839
2,817
3,639
3,597
3,597
LT Debt
367
633
486
210
823
899
639
592
1,038
1,029
686
1,457
944
944
Total Equity
3,178
3,930
3,876
4,155
4,303
4,823
5,203
5,640
6,893
7,141
7,385
7,453
7,967
7,967
Return on Invested Capital (%)
10.45
8.97
2.6
2.88
3.74
5
6.39
7.4
8.26
- -
5.62
5.12
5.01
- -
Return on Capital (%)
10.59
9.25
2.88
2.93
3.6
5.04
6.4
7.62
8.62
- -
4.92
4.62
4.63
- -
Return on Common Equity (%)
15.75
13.05
1.86
2.8
4.14
5.86
8.14
10.22
10.98
7.47
5.32
5.07
5.51
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
1,827
1,856
2,491
LT Borrowings
1,457
1,599
944
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,725
2,725
2,725
Market Capitalization
4,814
4,999
7,542

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
7,938
8,538
8,416
Cash, Cash Equivalents & STI
1,735
1,940
1,682
Accounts Receivable, Net
2,083
2,524
2,479
Inventories
2,525
2,581
2,582
Total Current Liabilities
4,299
4,294
4,819
Payables & Accruals
- -
- -
- -
ST Debt
1,827
1,856
2,491
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.62%
7.41%
6.9%
Free Cash Flow
-256.75%
-164.96%
-116.13%
Net Income, GAAP
22.83%
-3.7%
11.56%
Sales/Revenue/Turnover
3.83%
-1.72%
-2.34%
Total Cash Common Dividend
40.05%
9.11%
-12.86%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
5,163
2024
- -
- -
4,832
2025
- -
- -
4,719

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.13
2024
- -
- -
0.13
2025
- -
- -
0.15

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.04
2024
- -
- -
0.06
2025
- -
- -
0.05

Company Description

Company Profile APIChatGPT
CEO
Ze Feng Zhu
Full Time Employees
3,601
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Zhenjing City Zhenjiang China 212312
IPO Date
Jul 26, 2007
Website
tggj.cn
Similar Companies
Applied Materials, Inc. (NASDAQ:AMAT)
Oklo Inc. (NYSE:OKLO)
Lam Research Corporation (NASDAQ:LRCX)
Tokyo Electron Ltd. (TSE:8035)
Welspun Corp Limited (NSE:WELCORP)
Symbotic Inc. (NASDAQ:SYM)
Business
Tiangong International Company Limited (0826.HK) manufactures and sells alloy steel products, including die steel, high-speed steel, cutting tools, and titanium alloys; it also engages in trading special steel and goods, providing investment management services, and assembling power tool kits. The company operates through segments focused on die steel for die set manufacturing, high-speed steel and cutting tools such as drills and milling tools, titanium alloys for aerospace and consumer electronics applications, and a trading division; its products serve industries including aviation, automotive, high-speed rail, electronics, machinery, chemicals, nuclear power, and ocean engineering. Founded in 1981 and headquartered in Danyang, Jiangsu Province, People's Republic of China, Tiangong International conducts operations primarily in China, North America, Europe, and other Asian countries, with exports accounting for a substantial portion of sales and partnerships with over 50 distributors in key international markets. Recent developments include ongoing share repurchase programs initiated in 2024, with mandates to buy back up to 10% of issued share capital authorized in June 2024 and multiple executions such as repurchases totaling millions of Hong Kong dollars in April and May 2024; in 2025, the company expanded titanium alloy capacity by 3,000 tons through fundraising to exceed 10,000 tons annually amid demand from Apple's iPhone series and folding screen products, alongside technological breakthroughs, a RMB1.415 billion investment deal for 16.65% equity in subsidiary TG Tools by investors including China Tiangong Hong Kong and third parties from Q1 2024 to 2025, and TGE23 series certification from the North American Die Casting Association.