Tai Sang Land Development Limited Logo

Tai Sang Land Development Limited

0089.HK

(2.8)
Stock Price

2,05 HKD

2.97% ROA

2.78% ROE

2.16x PER

Market Cap.

776.709.000,00 HKD

29.12% DER

4.44% Yield

54.03% NPM

Tai Sang Land Development Limited Stock Analysis

Tai Sang Land Development Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Tai Sang Land Development Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.1x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a low debt to equity ratio (29%), which means it has a small amount of debt compared to the ownership it holds

3 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

4 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

5 ROE

The stock's ROE falls within an average range (4.14%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

6 ROA

The stock's ROA (2.97%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

7 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

8 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-3) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Tai Sang Land Development Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Tai Sang Land Development Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Tai Sang Land Development Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Tai Sang Land Development Limited Revenue
Year Revenue Growth
1999 195.999.878
2000 256.714.641 23.65%
2001 202.447.677 -26.81%
2002 209.835.027 3.52%
2003 212.854.586 1.42%
2004 203.507.948 -4.59%
2005 179.890.656 -13.13%
2006 175.670.220 -2.4%
2007 176.808.161 0.64%
2008 190.870.320 7.37%
2009 193.740.654 1.48%
2010 164.203.149 -17.99%
2011 188.803.639 13.03%
2012 216.126.851 12.64%
2013 228.840.700 5.56%
2014 251.007.209 8.83%
2015 278.891.362 10%
2016 276.032.539 -1.04%
2017 283.630.266 2.68%
2018 352.362.000 19.51%
2019 370.329.000 4.85%
2019 371.274.000 0.25%
2020 352.611.000 -5.29%
2021 407.946.000 13.56%
2022 440.799.000 7.45%
2023 488.011.000 9.67%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Tai Sang Land Development Limited Research and Development Expenses
Year Research and Development Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2019 1 100%
2020 0 0%
2021 2 100%
2022 1 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Tai Sang Land Development Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
1999 42.364.790
2000 41.946.661 -1%
2001 43.482.657 3.53%
2002 46.143.409 5.77%
2003 40.326.328 -14.43%
2004 36.253.986 -11.23%
2005 58.293.599 37.81%
2006 63.130.288 7.66%
2007 64.266.402 1.77%
2008 70.905.941 9.36%
2009 72.999.835 2.87%
2010 73.961.717 1.3%
2011 78.350.622 5.6%
2012 79.062.090 0.9%
2013 86.428.517 8.52%
2014 94.208.553 8.26%
2015 104.464.678 9.82%
2016 110.346.534 5.33%
2017 115.955.792 4.84%
2018 115.463.000 -0.43%
2019 124.795.000 7.48%
2019 124.795.000 0%
2020 124.840.000 0.04%
2021 149.451.000 16.47%
2022 162.560.000 8.06%
2023 184.726.000 12%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Tai Sang Land Development Limited EBITDA
Year EBITDA Growth
1999 99.349.233
2000 136.462.526 27.2%
2001 95.989.172 -42.16%
2002 90.843.774 -5.66%
2003 91.676.847 0.91%
2004 82.585.911 -11.01%
2005 119.515.845 30.9%
2006 82.705.884 -44.51%
2007 49.627.606 -66.65%
2008 80.611.590 38.44%
2009 461.596.807 82.54%
2010 710.036.915 34.99%
2011 49.921.664 -1322.3%
2012 701.906.567 92.89%
2013 408.963.200 -71.63%
2014 621.589.488 34.21%
2015 216.706.334 -186.83%
2016 330.718.690 34.47%
2017 509.580.248 35.1%
2018 412.438.000 -23.55%
2019 550.309.000 25.05%
2019 172.636.000 -218.77%
2020 157.539.000 -9.58%
2021 153.128.000 -2.88%
2022 176.527.000 13.26%
2023 173.141.000 -1.96%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Tai Sang Land Development Limited Gross Profit
Year Gross Profit Growth
1999 156.250.205
2000 199.197.320 21.56%
2001 163.678.540 -21.7%
2002 153.125.324 -6.89%
2003 145.405.877 -5.31%
2004 147.610.286 1.49%
2005 132.648.392 -11.28%
2006 97.586.626 -35.93%
2007 132.355.785 26.27%
2008 142.860.525 7.35%
2009 135.347.727 -5.55%
2010 114.567.314 -18.14%
2011 125.049.299 8.38%
2012 154.241.030 18.93%
2013 155.834.492 1.02%
2014 172.323.811 9.57%
2015 196.257.762 12.2%
2016 192.081.895 -2.17%
2017 193.092.931 0.52%
2018 262.657.942 26.49%
2019 279.376.000 5.98%
2019 280.321.000 0.34%
2020 265.811.000 -5.46%
2021 271.508.000 2.1%
2022 292.645.000 7.22%
2023 304.563.000 3.91%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Tai Sang Land Development Limited Net Profit
Year Net Profit Growth
1999 50.432.865
2000 85.468.385 40.99%
2001 50.511.359 -69.21%
2002 51.497.121 1.91%
2003 42.480.319 -21.23%
2004 52.849.068 19.62%
2005 276.154.827 80.86%
2006 317.031.983 12.89%
2007 774.826.786 59.08%
2008 -410.189.990 288.89%
2009 323.071.807 226.97%
2010 558.754.644 42.18%
2011 584.285.201 4.37%
2012 580.181.315 -0.71%
2013 414.960.659 -39.82%
2014 620.250.411 33.1%
2015 263.268.373 -135.6%
2016 373.606.922 29.53%
2017 502.055.056 25.58%
2018 492.802.815 -1.88%
2019 446.380.000 -10.4%
2019 436.300.000 -2.31%
2020 -155.943.000 379.78%
2021 633.618.000 124.61%
2022 360.115.000 -75.95%
2023 -185.656.000 293.97%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Tai Sang Land Development Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 1 0%
2005 1 0%
2006 1 100%
2007 3 50%
2008 -1 300%
2009 1 200%
2010 2 50%
2011 2 0%
2012 2 0%
2013 1 -100%
2014 2 50%
2015 1 0%
2016 1 100%
2017 2 0%
2018 2 0%
2019 2 0%
2019 2 0%
2020 -1 0%
2021 2 100%
2022 1 -100%
2023 -1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Tai Sang Land Development Limited Free Cashflow
Year Free Cashflow Growth
1999 97.242.066
2000 136.975.227 29.01%
2001 22.447.620 -510.2%
2002 34.320.228 34.59%
2003 38.673.115 11.26%
2004 24.957.420 -54.96%
2005 20.183.099 -23.66%
2006 17.200.800 -17.34%
2007 65.627.235 73.79%
2008 21.452.799 -205.91%
2009 42.129.215 49.08%
2010 18.423.204 -128.67%
2011 386.245 -4669.82%
2012 64.681.802 99.4%
2013 48.661.670 -32.92%
2014 28.883.202 -68.48%
2015 6.858.316 -321.14%
2016 76.281.678 91.01%
2017 -29.936.768 354.81%
2018 -117.733.706 74.57%
2019 27.713.750 524.82%
2020 -110.539.000 125.07%
2021 78.593.000 240.65%
2022 129.112.000 39.13%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Tai Sang Land Development Limited Operating Cashflow
Year Operating Cashflow Growth
1999 114.580.131
2000 143.199.552 19.99%
2001 71.529.005 -100.2%
2002 43.152.542 -65.76%
2003 51.286.618 15.86%
2004 33.977.848 -50.94%
2005 52.705.152 35.53%
2006 26.275.958 -100.58%
2007 70.821.594 62.9%
2008 39.330.563 -80.07%
2009 45.879.639 14.27%
2010 24.942.376 -83.94%
2011 21.163.756 -17.85%
2012 81.275.122 73.96%
2013 60.657.291 -33.99%
2014 91.075.276 33.4%
2015 89.193.804 -2.11%
2016 105.226.863 15.24%
2017 65.724.814 -60.1%
2018 144.017.582 54.36%
2019 41.799.000 -244.55%
2020 150.846.000 72.29%
2021 142.307.000 -6%
2022 166.881.000 14.73%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Tai Sang Land Development Limited Capital Expenditure
Year Capital Expenditure Growth
1999 17.338.065
2000 6.224.325 -178.55%
2001 49.081.385 87.32%
2002 8.832.314 -455.7%
2003 12.613.503 29.98%
2004 9.020.428 -39.83%
2005 32.522.053 72.26%
2006 9.075.158 -258.36%
2007 5.194.359 -74.71%
2008 17.877.764 70.95%
2009 3.750.424 -376.69%
2010 6.519.172 42.47%
2011 20.777.511 68.62%
2012 16.593.320 -25.22%
2013 11.995.621 -38.33%
2014 62.192.074 80.71%
2015 82.335.488 24.47%
2016 28.945.185 -184.45%
2017 95.661.582 69.74%
2018 261.751.288 63.45%
2019 14.085.250 -1758.34%
2020 261.385.000 94.61%
2021 63.714.000 -310.25%
2022 37.769.000 -68.69%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Tai Sang Land Development Limited Equity
Year Equity Growth
1999 2.039.174.511
2000 2.080.407.710 1.98%
2001 1.961.170.564 -6.08%
2002 1.762.761.952 -11.26%
2003 820.334.882 -114.88%
2004 1.851.625.977 55.7%
2005 1.879.444.030 1.48%
2006 2.175.972.470 13.63%
2007 2.894.704.088 24.83%
2008 2.260.169.779 -28.07%
2009 2.654.388.339 14.85%
2010 3.170.137.590 16.27%
2011 4.131.636.914 23.27%
2012 4.664.869.631 11.43%
2013 5.028.913.915 7.24%
2014 5.617.783.584 10.48%
2015 6.378.236.395 11.92%
2016 6.706.524.034 4.9%
2017 7.164.873.858 6.4%
2018 7.827.821.274 8.47%
2019 8.203.398.000 4.58%
2020 8.133.395.000 -0.86%
2021 8.809.572.000 7.68%
2022 9.115.120.000 3.35%
2023 9.242.666.000 1.38%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Tai Sang Land Development Limited Assets
Year Assets Growth
1999 2.670.243.881
2000 2.716.881.399 1.72%
2001 2.630.129.052 -3.3%
2002 2.498.071.260 -5.29%
2003 837.233.541 -198.37%
2004 2.476.699.323 66.2%
2005 2.751.815.514 10%
2006 2.870.619.289 4.14%
2007 3.944.831.094 27.23%
2008 3.199.689.417 -23.29%
2009 3.521.388.949 9.14%
2010 4.210.882.108 16.37%
2011 4.942.133.599 14.8%
2012 5.600.524.569 11.76%
2013 6.112.598.960 8.38%
2014 6.912.414.419 11.57%
2015 7.948.879.616 13.04%
2016 8.512.750.167 6.62%
2017 9.225.691.268 7.73%
2018 10.098.642.063 8.64%
2019 10.839.171.000 6.83%
2020 11.107.247.000 2.41%
2021 11.832.924.000 6.13%
2022 12.133.849.000 2.48%
2023 12.237.676.000 0.85%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Tai Sang Land Development Limited Liabilities
Year Liabilities Growth
1999 543.456.640
2000 551.572.896 1.47%
2001 668.958.488 17.55%
2002 577.158.390 -15.91%
2003 16.898.659 -3315.41%
2004 551.318.539 96.93%
2005 797.182.860 30.84%
2006 613.601.369 -29.92%
2007 953.244.606 35.63%
2008 765.895.098 -24.46%
2009 780.547.091 1.88%
2010 933.544.522 16.39%
2011 669.540.707 -39.43%
2012 775.447.817 13.66%
2013 913.679.437 15.13%
2014 1.113.725.491 17.96%
2015 1.376.353.720 19.08%
2016 1.606.842.648 14.34%
2017 1.849.804.774 13.13%
2018 2.270.820.789 18.54%
2019 2.635.773.000 13.85%
2020 2.973.852.000 11.37%
2021 3.023.352.000 1.64%
2022 3.018.729.000 -0.15%
2023 2.995.010.000 -0.79%

Tai Sang Land Development Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.53
Net Income per Share
1.25
Price to Earning Ratio
2.16x
Price To Sales Ratio
1.77x
POCF Ratio
4.66
PFCF Ratio
6.02
Price to Book Ratio
0.09
EV to Sales
7.32
EV Over EBITDA
7.02
EV to Operating CashFlow
19.28
EV to FreeCashFlow
24.92
Earnings Yield
0.46
FreeCashFlow Yield
0.17
Market Cap
0,78 Bil.
Enterprise Value
3,22 Bil.
Graham Number
29.38
Graham NetNet
-9.82

Income Statement Metrics

Net Income per Share
1.25
Income Quality
0.5
ROE
0.04
Return On Assets
0.02
Return On Capital Employed
0.01
Net Income per EBT
1.09
EBT Per Ebit
2.16
Ebit per Revenue
0.23
Effective Tax Rate
-0.19

Margins

Sales, General, & Administrative to Revenue
0.37
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.64
Operating Profit Margin
0.23
Pretax Profit Margin
0.5
Net Profit Margin
0.54

Dividends

Dividend Yield
0.04
Dividend Yield %
4.44
Payout Ratio
0.21
Dividend Per Share
0.12

Operating Metrics

Operating Cashflow per Share
0.58
Free CashFlow per Share
0.45
Capex to Operating CashFlow
-0.23
Capex to Revenue
-0.09
Capex to Depreciation
-0.69
Return on Invested Capital
0.04
Return on Tangible Assets
0.03
Days Sales Outstanding
0
Days Payables Outstanding
34.04
Days of Inventory on Hand
269.56
Receivables Turnover
0
Payables Turnover
10.72
Inventory Turnover
1.35
Capex per Share
-0.13

Balance Sheet

Cash per Share
0,47
Book Value per Share
30,70
Tangible Book Value per Share
31.64
Shareholders Equity per Share
30.7
Interest Debt per Share
9.19
Debt to Equity
0.29
Debt to Assets
0.21
Net Debt to EBITDA
5.33
Current Ratio
0.26
Tangible Asset Value
9,12 Bil.
Net Current Asset Value
-2,72 Bil.
Invested Capital
0.29
Working Capital
-0,82 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,01 Bil.
Average Inventory
109409000
Debt to Market Cap
3.32

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Tai Sang Land Development Limited Dividends
Year Dividends Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Tai Sang Land Development Limited Profile

About Tai Sang Land Development Limited

Tai Sang Land Development Limited, an investment holding company, engages in the investment, development, management, resale, and rental of properties in Hong Kong and North America. The company is also involved in the provision of catering, estate management, and agency services; operation and management of hotels; rental of motor vehicles; operation of a club house; money lending activities; and restaurant license and trademark holding business. Its portfolio of properties includes residential, industrial, commercial, and shop properties. The company was formerly known as Tai Mau Company Limited and changed its name to Tai Sang Land Development Limited in January 1973. Tai Sang Land Development Limited was incorporated in 1968 and is based in Wong Chuk Hang, Hong Kong.

CEO
Mr. Ching Wai Ma
Employee
276
Address
TS Tower
Wong Chuk Hang,

Tai Sang Land Development Limited Executives & BODs

Tai Sang Land Development Limited Executives & BODs
# Name Age
1 Ms. Ching Man Ma B.A., BA
Company Secretary
70
2 Mr. Ching Wai Ma
Executive Chairman & Chief Executive
70
3 Mr. Ching Hang Ma B.Sc., BBS, BSc., J.P., JP
Executive Deputy Chairman
70
4 Mr. Ching Yeung Ma B.Sc., BSc.(Hon), D.Mgt.
Executive Deputy Chairman
70
5 Mr. Ching Kuen Ma B.Sc., BSc
MD & Executive Director
70
6 Ms. Ching Sau Ma B.Sc., BSc
MD & Executive Director
70

Tai Sang Land Development Limited Competitors