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Tongda Hong Tai Holdings Limited logo

Tongda Hong Tai Holdings Limited

2363.HK

HKSETechnologyHardware, Equipment & Parts

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Latest quote

HK$0.285

HK$0.00 · 0.00%

Aug 20, 2:25 PM HKTData delayed

2363.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Operating as an investment holding company, Tongda Hong Tai Holdings Limited is engaged in the manufacturing and distribution of protective shells for notebooks and tablets across Mainland China. The company's product line also features various associated accessories. Established in 2008, its corporate headquarters are situated in Wan Chai, Hong Kong.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
HK
CEO
Shiu Man Chan
Listed since
Mar 16, 2018
Employees
13

Market position

Volume
245.05K
11.41× average
Average volume
21.47K
Average daily volume
Market cap
58.2M HKD
Beta
-0.15
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.32M HKD
P/E (TTM)
-2.49×
P/B (TTM)
-0.3×
P/S (TTM)
0.9×
EV / EBITDA
-0.08×
Earnings yield
-31.08%
Free cash flow yield
-4.42%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
3.73%
Operating margin
-3.92%
Net margin
-36.93%
Return on equity
12.14%
Return on assets
-19.05%
Return on invested capital
-2.72%

Financial health

Debt / equity
-0.05×
Current ratio
3.03×
Altman Z-score
-6.42
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends20%-43%-106%-170%Gross margin, FY2021: -29.88%Gross margin, FY2022: -75.68%Gross margin, FY2023: 0.36%Gross margin, FY2024: 4.47%Gross margin, FY2025: 3.73%Operating margin, FY2021: -50.73%Operating margin, FY2022: -122.28%Operating margin, FY2023: -26.08%Operating margin, FY2024: -6.73%Operating margin, FY2025: -3.92%Net margin, FY2021: -53.13%Net margin, FY2022: -153.72%Net margin, FY2023: -41.47%Net margin, FY2024: -35.84%Net margin, FY2025: -36.93%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -29.88%. Gross margin FY2022 -75.68%. Gross margin FY2023 0.36%. Gross margin FY2024 4.47%. Gross margin FY2025 3.73%. Operating margin FY2021 -50.73%. Operating margin FY2022 -122.28%. Operating margin FY2023 -26.08%. Operating margin FY2024 -6.73%. Operating margin FY2025 -3.92%. Net margin FY2021 -53.13%. Net margin FY2022 -153.72%. Net margin FY2023 -41.47%. Net margin FY2024 -35.84%. Net margin FY2025 -36.93%.

Income trends

Revenue

64.44M HKD-9.99%

Operating income

−2.53M HKD+47.62%

Net income

−23.8M HKD+7.23%
Income trends across reported periods430.9M HKD190.06M HKD−50.79M HKD−291.63M HKDRevenue, FY2021: 370.69M HKDRevenue, FY2022: 150.55M HKDRevenue, FY2023: 91.26M HKDRevenue, FY2024: 71.59M HKDRevenue, FY2025: 64.44M HKDOperating income, FY2021: −188.04M HKDOperating income, FY2022: −184.09M HKDOperating income, FY2023: −23.8M HKDOperating income, FY2024: −4.82M HKDOperating income, FY2025: −2.53M HKDNet income, FY2021: −196.96M HKDNet income, FY2022: −231.42M HKDNet income, FY2023: −37.85M HKDNet income, FY2024: −25.66M HKDNet income, FY2025: −23.8M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 370.69M HKD. Revenue FY2022 150.55M HKD. Revenue FY2023 91.26M HKD. Revenue FY2024 71.59M HKD. Revenue FY2025 64.44M HKD. Operating income FY2021 −188.04M HKD. Operating income FY2022 −184.09M HKD. Operating income FY2023 −23.8M HKD. Operating income FY2024 −4.82M HKD. Operating income FY2025 −2.53M HKD. Net income FY2021 −196.96M HKD. Net income FY2022 −231.42M HKD. Net income FY2023 −37.85M HKD. Net income FY2024 −25.66M HKD. Net income FY2025 −23.8M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue64.44M HKD71.59M HKD91.26M HKD150.55M HKD370.69M HKD
Cost of goods sold62.04M HKD68.39M HKD90.93M HKD264.48M HKD481.47M HKD
Gross profit2.4M HKD3.2M HKD331K HKD−113.93M HKD−110.78M HKD
Research and development——3.12M HKD16.63M HKD23.22M HKD
Selling, general, and administrative4.93M HKD8.02M HKD21.02M HKD57.94M HKD77.33M HKD
Operating expenses4.93M HKD8.02M HKD24.13M HKD70.15M HKD77.27M HKD
Interest income1.19M HKD1.21M HKD15K HKD25K HKD26K HKD
Interest expense11.02M HKD13.17M HKD11.87M HKD5.85M HKD7.55M HKD
Depreciation and amortization109K HKD842K HKD2.12M HKD12.34M HKD11.04M HKD
Operating income−2.53M HKD−4.82M HKD−23.8M HKD−184.09M HKD−188.04M HKD
Net income−23.8M HKD−25.66M HKD−37.85M HKD−231.42M HKD−196.96M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.53-1.27-3.07-4.86Q2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual -1.48, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual -4.49, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 26, 2022: actual -0.446, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 1, 2023: actual -2.44, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual -0.586, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual 0.157, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual -0.288, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.01, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates217.46M150.97M84.49M18MQ2 '21Q4 '21Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 167.77M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 202.92M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 26, 2022: actual 81.97M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 1, 2023: actual 68.58M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 46.84M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 29, 2024: actual 44.42M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 21.18M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 50.41M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Mar 19, 2024

1:10

Stock split

Effective Jan 13, 2022

123:100

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