Tian Chang Group Holdings Ltd
HKEX:2182

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Tian Chang Group Holdings Ltd Logo
Tian Chang Group Holdings Ltd
HKEX:2182
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Price: 0.33 HKD 3.13% Market Closed
Market Cap: HK$204.6m

Gross Margin

20.8%
Current
Improving
by 0.4%
vs 3-y average of 20.4%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
20.8%
=
Gross Profit
HK$108m
/
Revenue
HK$518.8m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
20.8%
=
Gross Profit
HK$108m
/
Revenue
HK$518.8m

Peer Comparison

Country Company Market Cap Gross
Margin
HK
Tian Chang Group Holdings Ltd
HKEX:2182
204.6m HKD
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SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR
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ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD
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ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
540.6T IDR
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US
Dow Inc
NYSE:DOW
25.5B USD
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CN
Hengli Petrochemical Co Ltd
SSE:600346
171.1B CNY
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UK
LyondellBasell Industries NV
NYSE:LYB
21.3B USD
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TW
Nan Ya Plastics Corp
TWSE:1303
717.7B TWD
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KR
LG Chem Ltd
KRX:051910
28.2T KRW
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CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
121.3B CNY
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US
Westlake Corp
NYSE:WLK
14.4B USD
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Market Distribution

In line with most companies in Hong Kong
Percentile
43nd
Based on 2 774 companies
43nd percentile
20.8%
Low
-3 900% — 12.5%
Typical Range
12.5% — 42.7%
High
42.7% — 905%
Distribution Statistics
Hong Kong
Min -3 900%
30th Percentile 12.5%
Median 26.6%
70th Percentile 42.7%
Max 905%

Tian Chang Group Holdings Ltd
Glance View

Market Cap
204.6m HKD
Industry
Chemicals

Tian Chang Group Holdings Ltd. engages in the provision of integrated plastic solutions in China. The firm operates business through two segments. The Electronic Cigarettes (E-cigarettes) Products segment manufactures e-cigarettes products as an original equipment manufacturer (OEM) including disposable e-cigarettes, refillable e-cigarettes, battery rods, clearomisers, liquidpods and heated tobacco devices. The Integrated Plastic Solutions segment engages in the manufacturing and sale of moulds and plastic products. The firm distributes its products within the domestic market and to overseas markets, including Europe, Asia and the United States.

Intrinsic Value
0.65 HKD
Undervaluation 49%
Intrinsic Value
Price HK$0.33
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
20.8%
=
Gross Profit
HK$108m
/
Revenue
HK$518.8m
What is Tian Chang Group Holdings Ltd's current Gross Margin?

The current Gross Margin for Tian Chang Group Holdings Ltd is 20.8%, which is above its 3-year median of 20.4%.

How has Gross Margin changed over time?

Over the last 3 years, Tian Chang Group Holdings Ltd’s Gross Margin has decreased from 22.7% to 20.8%. During this period, it reached a low of 18.4% on Jun 30, 2024 and a high of 22.7% on Dec 31, 2022.

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