Tiangong International Company Limited logo

Tiangong International Company Limited

0826.HK

HKSEBasic MaterialsSteel

Latest quote

HK$2.905

+HK$0.085 · +3.01%

Aug 24, 4:08 PM HKT

0826.HK company overview

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Company profile

Company website

Tiangong International Company Limited focuses on the fabrication and supply of specialty metallic materials and tools. Its core product lines feature die steel (DS), high-speed steel (HSS), various cutting implements, and titanium alloys. The enterprise manages its operations through five distinct divisions: Die Steel, High-Speed Steel, Cutting Tools, Titanium Alloy, and Trading of Goods. Beyond manufacturing, Tiangong is deeply involved in the entire product lifecycle, from the innovation and development to the production, distribution, and sale of items related to high-speed and die steel, titanium, and carbide cutting tools. Furthermore, the company facilitates the trade of carbon steel, assorted commodities, cutting instruments, and alloy steel. Established in 1981 and based in Danyang, China, the firm maintains a broad geographical footprint, serving markets in the People's Republic of China, North America, Europe, other Asian regions, and internationally.

Industry
Steel
Sector
Basic Materials
Headquarters
CN
CEO
Zefeng Zhu
Listed since
Jul 26, 2007
Employees
3,601

Market position

Day range

Current HK$2.905

52-week range

Current HK$2.905

Open
HK$2.83
Previous close
HK$2.82
Volume
17.73M
0.74× average
Average volume
24.05M
Average daily volume
Market cap
7.92B HKD
Beta
1.58
Market reference 1
50-day average
HK$3.3023
-12.03% below average
200-day average
HK$3.3945
-14.42% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
10.68B CNY
EV / EBITDA
12.46×
Earnings yield
5.31%
Free cash flow yield
-0.45%

Profitability & efficiency

Return on equity
5.39%
Return on assets
2.90%
Return on invested capital
4.44%

Financial health

Current ratio
1.75×
Altman Z-score
2.3
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends26%19%12%5%Gross margin, FY2021: 24.46%Gross margin, FY2022: 22.67%Gross margin, FY2023: 22.14%Gross margin, FY2024: 20.35%Gross margin, FY2025: 20.17%Operating margin, FY2021: 14.92%Operating margin, FY2022: 12.23%Operating margin, FY2023: 12.14%Operating margin, FY2024: 11.23%Operating margin, FY2025: 12.45%Net margin, FY2021: 11.56%Net margin, FY2022: 9.94%Net margin, FY2023: 7.17%Net margin, FY2024: 7.42%Net margin, FY2025: 8.48%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 24.46%. Gross margin FY2022 22.67%. Gross margin FY2023 22.14%. Gross margin FY2024 20.35%. Gross margin FY2025 20.17%. Operating margin FY2021 14.92%. Operating margin FY2022 12.23%. Operating margin FY2023 12.14%. Operating margin FY2024 11.23%. Operating margin FY2025 12.45%. Net margin FY2021 11.56%. Net margin FY2022 9.94%. Net margin FY2023 7.17%. Net margin FY2024 7.42%. Net margin FY2025 8.48%.

Income trends

Revenue

4.72B CNY-2.34%

Operating income

587.69M CNY+8.33%

Net income

400.23M CNY+11.56%
Income trends across reported periods6.28B CNY4.13B CNY1.97B CNY−179.85M CNYRevenue, FY2021: 5.74B CNYRevenue, FY2022: 5.07B CNYRevenue, FY2023: 5.16B CNYRevenue, FY2024: 4.83B CNYRevenue, FY2025: 4.72B CNYOperating income, FY2021: 857.24M CNYOperating income, FY2022: 619.54M CNYOperating income, FY2023: 626.62M CNYOperating income, FY2024: 542.52M CNYOperating income, FY2025: 587.69M CNYNet income, FY2021: 664.37M CNYNet income, FY2022: 503.54M CNYNet income, FY2023: 370.21M CNYNet income, FY2024: 358.76M CNYNet income, FY2025: 400.23M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.74B CNY. Revenue FY2022 5.07B CNY. Revenue FY2023 5.16B CNY. Revenue FY2024 4.83B CNY. Revenue FY2025 4.72B CNY. Operating income FY2021 857.24M CNY. Operating income FY2022 619.54M CNY. Operating income FY2023 626.62M CNY. Operating income FY2024 542.52M CNY. Operating income FY2025 587.69M CNY. Net income FY2021 664.37M CNY. Net income FY2022 503.54M CNY. Net income FY2023 370.21M CNY. Net income FY2024 358.76M CNY. Net income FY2025 400.23M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue4.72B CNY4.83B CNY5.16B CNY5.07B CNY5.74B CNY
Cost of goods sold3.77B CNY3.85B CNY4.02B CNY3.92B CNY4.34B CNY
Gross profit951.89M CNY983.54M CNY1.14B CNY1.15B CNY1.41B CNY
Research and development292.62M CNY301.55M CNY317.13M CNY288.46M CNY273.82M CNY
Selling, general, and administrative274.24M CNY316.75M CNY278.18M CNY366.44M CNY352.31M CNY
Operating expenses364.2M CNY441.03M CNY516.77M CNY528.95M CNY544.02M CNY
Interest income24.11M CNY33.53M CNY41.62M CNY46.29M CNY27.56M CNY
Interest expense160.7M CNY171.65M CNY198.59M CNY176.19M CNY159.05M CNY
Depreciation and amortization393.63M CNY380.19M CNY386.35M CNY327.93M CNY299.69M CNY
Operating income587.69M CNY542.52M CNY626.62M CNY619.54M CNY857.24M CNY
Net income400.23M CNY358.76M CNY370.21M CNY503.54M CNY664.37M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.08

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.160.130.090.05Q2 '22Q1 '23Q3 '23Q1 '24Q4 '24Q1 '25Q3 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual 0.124, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 24, 2023: actual 0.085, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 25, 2023: actual 0.085, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 25, 2024: actual 0.06, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 24, 2024: actual 0.072, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 0.068, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 25, 2025: actual 0.082, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual 0.08, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates7.62B5.78B3.93B2.09BQ2 '22No estimateQ1 '23MissQ3 '23No estimateQ1 '24MissQ4 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q2 2022, reported Jun 30, 2022: actual 3.13B HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 24, 2023: actual 2.73B HKD, estimate 6.49B HKD, surprise -57.97%, Miss. Q3 2023, reported Aug 25, 2023: actual 2.7B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 25, 2024: actual 2.95B HKD, estimate 7.24B HKD, surprise -59.23%, Miss. Q4 2024, reported Oct 24, 2024: actual 2.71B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 2.46B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 25, 2025: actual 2.56B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual 2.64B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective May 24, 2011

4:1

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