Tianjin Development Holdings Limited logo

Tianjin Development Holdings Limited

0882.HK

HKSEIndustrialsConglomerates

Latest quote

HK$2.075

−HK$0.02 · -0.95%

Aug 24, 4:08 PM HKT

0882.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Tianjin Development Holdings Limited, operating through its various subsidiaries, provides essential utilities including electricity, water, heating, and thermal energy to industrial, commercial, and residential clients located in the Tianjin Economic and Technological Development Area, People's Republic of China. The company's activities are broadly categorized into six divisions: Utilities, Pharmaceuticals, Hospitality, Electrical and Mechanical Engineering, Port Services, and Elevators and Escalators. Its utility infrastructure features an impressive electricity transmission capacity of approximately 946,000 kVA, a daily water supply capability of 425,000 tons, and an extensive steam distribution network spanning about 462 kilometers of pipelines with approximately 120 processing stations, able to distribute around 30,000 tons daily. Beyond direct utility provision, the company offers a range of electricity-related services, such as constructing supply networks, implementing new and renewable energy technologies, and delivering technical support for electrical infrastructure. For water utilities, its services encompass the installation and maintenance of piping systems, technical consultancy, and the retail and wholesale of water pipes and their associated parts. Additionally, the company is involved in manufacturing and selling industrial equipment, including presses, mechanical and hydroelectric machinery, and large-scale pump units. Its hospitality portfolio includes the management of the 4-star, 245-room Courtyard by Marriott Hong Kong hotel. In the pharmaceutical sector, it conducts research and development of medical technologies and products, manufactures and distributes chemical drugs, and handles the design, production, and printing of pharmaceutical packaging, alongside selling other paper-based packaging materials. The company also manufactures and sells elevators and escalators. Further operations include financial leasing and the provision of port services. Incorporated in 1997 and based in Central, Hong Kong, Tianjin Development Holdings Limited is a subsidiary of Tsinlien Group Company Limited.

Industry
Conglomerates
Sector
Industrials
Headquarters
HK
CEO
Fei Teng
Listed since
Dec 10, 1997
Employees
2,796

Market position

Day range

Current HK$2.075

52-week range

Current HK$2.075

Open
HK$2.08
Previous close
HK$2.095
Volume
170K
0.42× average
Average volume
407.6K
Average daily volume
Market cap
2.23B HKD
Beta
0.46
Market reference 1
50-day average
HK$2.1008
-1.23% below average
200-day average
HK$2.3883
-13.12% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.71B HKD
P/E (TTM)
5.22×
P/B (TTM)
0.17×
P/S (TTM)
0.7×
EV / EBITDA
13.73×
Earnings yield
16.48%
Free cash flow yield
-1.26%
Dividend yield
6.75%

Profitability & efficiency

Gross margin
29.35%
Operating margin
-2.46%
Net margin
13.39%
Return on equity
3.29%
Return on assets
1.88%
Return on invested capital
-0.36%

Financial health

Debt / equity
0.15×
Current ratio
2.99×
Altman Z-score
1.39
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends33%19%5%-9%Gross margin, FY2021: 27.06%Gross margin, FY2022: 25.21%Gross margin, FY2023: 28.39%Gross margin, FY2024: 29.38%Gross margin, FY2025: 27.46%Operating margin, FY2021: -5.19%Operating margin, FY2022: 0.23%Operating margin, FY2023: 3.42%Operating margin, FY2024: -1.75%Operating margin, FY2025: -2.46%Net margin, FY2021: 13.28%Net margin, FY2022: 9.67%Net margin, FY2023: 19.04%Net margin, FY2024: 16.31%Net margin, FY2025: 13.39%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 27.06%. Gross margin FY2022 25.21%. Gross margin FY2023 28.39%. Gross margin FY2024 29.38%. Gross margin FY2025 27.46%. Operating margin FY2021 -5.19%. Operating margin FY2022 0.23%. Operating margin FY2023 3.42%. Operating margin FY2024 -1.75%. Operating margin FY2025 -2.46%. Net margin FY2021 13.28%. Net margin FY2022 9.67%. Net margin FY2023 19.04%. Net margin FY2024 16.31%. Net margin FY2025 13.39%.

Income trends

Revenue

3.2B HKD-4.86%

Operating income

−78.53M HKD-33.80%

Net income

427.94M HKD-21.92%
Income trends across reported periods4.09B HKD2.54B HKD982.78M HKD−572.85M HKDRevenue, FY2021: 3.54B HKDRevenue, FY2022: 3.71B HKDRevenue, FY2023: 3.34B HKDRevenue, FY2024: 3.36B HKDRevenue, FY2025: 3.2B HKDOperating income, FY2021: −183.95M HKDOperating income, FY2022: 8.68M HKDOperating income, FY2023: 114.11M HKDOperating income, FY2024: −58.69M HKDOperating income, FY2025: −78.53M HKDNet income, FY2021: 470.38M HKDNet income, FY2022: 358.16M HKDNet income, FY2023: 635.63M HKDNet income, FY2024: 548.07M HKDNet income, FY2025: 427.94M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.54B HKD. Revenue FY2022 3.71B HKD. Revenue FY2023 3.34B HKD. Revenue FY2024 3.36B HKD. Revenue FY2025 3.2B HKD. Operating income FY2021 −183.95M HKD. Operating income FY2022 8.68M HKD. Operating income FY2023 114.11M HKD. Operating income FY2024 −58.69M HKD. Operating income FY2025 −78.53M HKD. Net income FY2021 470.38M HKD. Net income FY2022 358.16M HKD. Net income FY2023 635.63M HKD. Net income FY2024 548.07M HKD. Net income FY2025 427.94M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue3.2B HKD3.36B HKD3.34B HKD3.71B HKD3.54B HKD
Cost of goods sold2.32B HKD2.37B HKD2.39B HKD2.77B HKD2.58B HKD
Gross profit877.67M HKD987.11M HKD947.74M HKD933.96M HKD958.31M HKD
Research and development161.45M HKD167.8M HKD144.69M HKD148.5M HKD157.33M HKD
Selling, general, and administrative881M HKD878.01M HKD688.94M HKD853.31M HKD1B HKD
Operating expenses1.15B HKD1.05B HKD833.63M HKD1B HKD1.14B HKD
Interest income189.57M HKD242.94M HKD261.51M HKD262.23M HKD279.24M HKD
Interest expense95.22M HKD120.73M HKD107.35M HKD82.5M HKD48.98M HKD
Depreciation and amortization203.16M HKD190.76M HKD203.77M HKD193.29M HKD192.43M HKD
Operating income−78.53M HKD−58.69M HKD114.11M HKD8.68M HKD−183.95M HKD
Net income427.94M HKD548.07M HKD635.63M HKD358.16M HKD470.38M HKD

Company facts updated Aug 24, 2026.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.14

2025 complete year+70.1% since 2021

2026 partial: HK$0.0882

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 2, 2026

HK$0.0882

Semi-Annual

Record Jul 3, 2026 · Payment Jul 31, 2026

Dividend

Ex-dividend Sep 22, 2025

HK$0.0518

Semi-Annual

Record Sep 23, 2025 · Payment Oct 31, 2025

Dividend

Ex-dividend Jun 26, 2025

HK$0.0882

Semi-Annual

Record Jun 27, 2025 · Payment Jul 28, 2025

Dividend

Ex-dividend Sep 23, 2024

HK$0.0518

Semi-Annual

Record Sep 24, 2024 · Payment Oct 28, 2024

Dividend

Ex-dividend Jun 20, 2024

HK$0.088

Semi-Annual

Record Jun 21, 2024 · Payment Jul 29, 2024

Dividend

Ex-dividend Sep 25, 2023

HK$0.0345

Semi-Annual

Record Sep 26, 2023 · Payment Oct 30, 2023

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