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2182.HK$0.34-2.86%
Fair $0.34+0.0%

2182.HK

Tian Chang Group Holdings Ltd.

Industrials / ConglomeratesHKSE

$0.34

-0.01 (-2.86%)

Fairly Valued+0.0%Fair Value $0.34Fund rank 31/100 · Data gapFallback financials|
SA 45/C
F-Score: 5/9
Declining RevenueLow Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 26% · confianza 25%

FCF escenarios

weak_data · normalized FCF $37.7M · quality 67.0/100

Data gap 31/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 49/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

45/100

C

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists. Revenue has declined for 3 consecutive years ROE is -1.9%, below the 5% threshold
Thesis & Journal · 2182.HKLocal privado en este navegador · Tian Chang Group Holdings Ltd.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$211M

P/E

N/A

•

EV/EBITDA

2.0x

↓

ROE

-1.9%

↓

Gross Margin

20.8%

↓

Debt/Equity

0.01

↓
52-Week Range$0
$0$0

TradingView lightweight chart

2182.HK price, volumen y niveles de valoración

Último $0.340Periodo -53.4%
Fair value: $0.340

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-23.2%

FCF CAGR

-36.2%

FCF margin

7.3%

FCF / Net income

-2.61x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $518.8M · net income $-14.5M · FCF $37.7M

2022-FY → 2025-FY

Gross margin

20.8%-1.9% pts

Operating margin

-1.2%-12.4% pts

Net margin

-2.8%-12.0% pts

FCF margin

7.3%-5.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$518.8M$518.8M$539.6M$697.5M$1.14B
Net Income$-14.5M$-14.5M$-13.7M$23.5M$105.9M
EBITDA$42.3M$42.3M$42.9M$82.1M$173.7M
EPS-0.02-0.02-0.020.040.17
Gross Margin20.8%20.8%20.4%19.5%22.7%
Operating Margin-1.2%-1.2%-1.8%2.8%11.2%
Net Margin-2.8%-2.8%-2.5%3.4%9.3%
Balance Sheet
Debt/Equity0.010.010.050.080.17
Current Ratio3.223.22———
Cash Flow
Free Cash Flow$37.7M$37.7M$31.1M$91.0M$144.8M
Returns
ROE-1.9%-1.9%-1.8%3.0%13.6%
Valuation
EV/EBITDA2.012.012.46——
P/B0.280.280.26——
Growth & Yield
Revenue Growth-3.9%-3.9%-22.6%-39.0%—
EPS Growth-5.9%-5.9%-158.7%-77.9%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +6.3%

Total return

+6.3%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.02 → -0.02

Residual

+6.3%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+6.3%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.