Titan Petrochemicals Group Limited

Titan Petrochemicals Group Limited

TIPGF
Titan Petrochemicals Group LimitedUS flagOther OTC
0.01
USD
-0.01
- -
49.80MMarket Cap
2007 Y
2008 Y
2009 Y
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
Revenue per Share
51.39
38.62
7.97
8.71
7.86
5.21
2.64
- -
- -
0.02
0.99
0.05
0.21
Basic EPS, GAAP
-0.19
-7.89
-2.64
-2.63
-3.21
-16.27
-18.7
15.46
-0.99
0.05
-0.26
-1.91
1.35
Free Cash Flow per Basic Share
-2.85
-9.08
-5.44
-5.7
-3.63
-0.59
-0.64
-0.27
-0.36
- -
-0.13
-0.04
0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.42
0.32
0.32
0.35
1.92
-12.84
-31.61
-15.68
-27.95
-0.12
-4.73
-6.06
-4.72
Tangible Book Value per Share
15.95
4.73
2.65
5.27
2.36
-12.84
-31.61
-15.68
-16.57
- -
-0.22
-2.03
-0.69
Basic Weighted Avg Shares
153
202
203
221
244
244
244
244
244
38,697
1,033
1,230
1,230
Sales/Revenue/Turnover
7,848
7,812
1,620
1,924
1,916
1,272
644
- -
- -
761
1,024
65
255
Operating Margin (%)
1.32
6.15
4.84
10.56
-20.08
-30.82
-52.85
- -
- -
-20.21
-14.7
-185.77
-12.33
Depreciation Expense
314
6
240
181
220
146
40
49
50
52
57
86
42
Net Income, GAAP
-29
-1,596
-536
-581
-783
-3,977
-4,570
3,779
-242
1,890
-264
-2,349
1,647
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.29
- -
- -
- -
Profit Margin (%)
-0.37
-20.42
-33.1
-30.18
-40.89
-312.64
-709.31
- -
- -
248.36
-25.74
-3,620.78
646.69
Working Capital
1,493
69
-741
1,232
-1,243
-3,168
-7,751
-3,816
-4,355
74
-865
-1,844
-1,051
LT Debt
4,899
3,973
4,052
2,923
1,395
- -
3
151
2,327
2,021
1,906
1,715
- -
Total Equity
3,570
2,173
1,736
1,743
1,107
-3,139
-7,724
-3,833
-4,049
97
247
-2,225
-852
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-14.57
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-75.21
- -
- -
- -
Return on Common Equity (%)
-89.91
-2,464.69
-822.45
-810.65
-286.62
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-133.09%
-201.38%
-61.7%
Free Cash Flow
-104.53%
-179.47%
-113.62%
Net Income, GAAP
-19.78%
-96.19%
-170.12%
Sales/Revenue/Turnover
- -
- -
292.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2018
- -
- -
- -
- -
65
2019
- -
- -
- -
- -
255
2020
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2018
- -
- -
- -
- -
-1.91
2019
- -
- -
- -
- -
1.35
2020
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2018
- -
- -
- -
- -
- -
2019
- -
- -
- -
- -
- -
2020
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Qiandong Zhang
Full Time Employees
111
Sector
Industrials
Industry
Aerospace & Defense
Address
No. 303 Hennessy Road Wan Chai Hong Kong
IPO Date
May 16, 2011
Business
Titan Petrochemicals Group Limited (TIPGF) is an investment holding company primarily engaged in shipbuilding, ship repairing, and steel structure manufacturing; commodity trading of petroleum, petrochemicals, and related products; and related downstream oil services including end-to-end oil sourcing, transportation, storage, and wholesale distribution. The company operates principally through its shipbuilding, ship repairing, and steel structure manufacturing segment, which encompasses construction and repair of ships as well as fabrication of steel structures for bridges and other infrastructure, and its commodity trading segment focused on bulk commodities in oil and petrochemicals. It maintains operations in the Asia Pacific region, particularly in China through facilities such as Quanzhou Shipyard—the largest multi-functional shipyard in the region—and Zhoushan Yatai Shipyard, where it holds a 46% equity interest; targeting markets in the People's Republic of China and other Asian countries. Incorporated in 1998 and headquartered in Wan Chai, Hong Kong, the company, formerly known as Titan (Holdings) Limited, changed its name to Titan Petrochemicals Group Limited in May 2004 to reflect its strategic shift toward petrochemicals and related activities. In recent years, the company has faced significant challenges, including trading suspension on the Hong Kong Stock Exchange since April 2021 due to failure to publish financial results and resume compliance with listing rules; delisting of its shares (stock code: 1192) effective August 23, 2023; ongoing financial difficulties with loss-making operations in shipbuilding subsidiaries reporting segment losses exceeding RMB200 million in recent annual periods; liquidation proceedings involving key units like its oil storage operations; and uncertain viability as an ongoing concern without concrete plans for funding, debt restructuring, or business resumption as of the latest regulatory reviews.