TCL Electronics Holdings Ltd
HKEX:1070

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TCL Electronics Holdings Ltd Logo
TCL Electronics Holdings Ltd
HKEX:1070
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Price: 10.94 HKD -1.17% Market Closed
Market Cap: 27.6B HKD

TCL Electronics Holdings Ltd
Investor Relations

TCL Electronics Holdings Ltd., a significant player in the global electronics market, has crafted a distinctive narrative of growth and innovation since its inception. Originating from China, the company has maneuvered adeptly through the rapidly changing tides of technology and consumer expectations. With a core focus on the development, manufacturing, and marketing of consumer electronic products, particularly televisions, TCL has made strategic use of its vertically integrated business model. This approach allows TCL to control every stage of production, from R&D to manufacturing and even retail, creating efficiencies and competitive pricing that enable it to thrive in diverse markets worldwide. This vertical integration is a cornerstone of its operational strategy, ensuring that it not only adapts swiftly to technological advancements but also caters to varied consumer demands efficiently.

Financially, TCL Electronics derives its revenue primarily through the sale of its expansive range of television models and other electronics, such as home appliances and smart products. The company's prowess in global expansion is evident in its steady, diversified revenue streams and robust market share within the television industry, supported by strategic partnerships and brand collaborations. With investments in AI and IoT, TCL continues to enhance its smart home ecosystem, offering interconnected devices that boost user experience and engagement. Their commitment to innovation, combined with aggressive marketing strategies and a keen sense of consumer trends, ensures that TCL not only maintains but strengthens its position in the international electronics arena. By consistently delivering value and fostering brand loyalty, TCL Electronics effectively transforms its technological prowess into financial success.

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1070
Hang Seng (Hong Kong)
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Last Earnings Call
Fiscal Period
Q2 2025
Call Date
Aug 22, 2025
AI Summary
Q2 2025

Revenue Growth: TCL Electronics reported interim revenue of HKD 54.78 billion, up 20.4% year-on-year, showing strong top-line growth.

Profit Surge: Profit after tax reached HKD 1.05 billion, up 60.5% year-on-year; adjusted profit attributable to owners was HKD 1.06 billion, up 62%.

Strong TV & Mini LED Performance: Global TV shipments rose 7.6% to 13.46 million sets; mini LED TV shipments soared 176.1%.

Segment Expansion: Display, innovative, and internet businesses all delivered double-digit or better revenue growth.

Cash & Dividend: Cash and equivalents rose 30% to HKD 11.44 billion; 2024 annual dividend of $0.318 implies a 50% payout ratio.

Positive Outlook: Management aims for further net profit growth in the second half, focusing on large screen, mini LED, and QLED products while controlling expenses.

Key Financials
Revenue
HKD 54.78 billion
Profit after tax
HKD 1.05 billion
Adjusted profit attributable to owners
HKD 1.06 billion
Gross profit
HKD 8.37 billion
Cash and cash equivalents
HKD 11.44 billion
Global TV shipments
13.46 million sets
Global market share
14.2%
Mini LED TV global shipments
1.37 million
QLED TV global shipments
3.04 million sets
Annual dividend distribution (2024)
$0.318
Dividend payout ratio
50%
Display business revenue
HKD 33.4 billion
Large size display revenue
HKD 28.35 billion
Small/medium size display revenue
HKD 4.56 billion
Innovative business revenue
HKD 11.14 billion
Innovative business gross profit
HKD 1 billion
Global internet business revenue
HKD 1.46 billion
PV business revenue
HKD 11.14 billion
PV business gross profit
HKD 1.07 billion
PV newly installed capacity
4.7 gigawatts
Net gearing ratio
7%
Average selling price (TCL TV, global)
HKD 2,106
Other Earnings Calls
2025

Management

Ms. Juan Du
Executive Chairperson
No Bio Available
Mr. Shaoyong Zhang
CEO & Executive Director
No Bio Available
Mr. Pan Peng
CFO, Joint Company Secretary & Executive Director
No Bio Available
Mr. Li Sun
Executive Director
No Bio Available
Ms. Jin mei Li
VP & Human Resource Director
No Bio Available
Mr. Wu Chen
SVP, GM - Business & Supply Chain Management Center and GM - CRT Business Unit
No Bio Available
Mr. Kai Sing Wong
Senior Vice President and General Manager of Home Network Business Unit
No Bio Available
Mr. Yonghong Song
Senior Vice President and General Manager of Global Product Center
No Bio Available
Mr. Shanshui Zhang
Executive Vice President and General Manager of Global Industrial Center
No Bio Available
Mr. Weidong Chen
Chief Executive Officer of Home Appliances Group
No Bio Available

Contacts

Address
GUANGDONG
Shenzhen
9F, TCL Electronics Building, TCL International E City, No. 1001 Zhongshan Park Road, Nanshan District
Contacts
+8685224377300.0
electronics.tcl.com