tianjin development hldgs lt
(882:Stock Exchange of Hong Kong Limited)
tianjin development hldgs lt (882) Snapshot
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Tianjin Development Holdings Limited, an investment holding company, primarily engages in the supply of utilities in the People’s Republic of China and Hong Kong. It supplies and distributes electricity, tap water, heat, and thermal power to industrial, commercial, and residential sectors in the Tianjin Economic Technological Development Area. The company has an installed electricity transmission capacity of approximately 706,000 kVA; and 360 kilometers of steam transmission pipelines and 105 steam processing stations. It also provides services in relation to the maintenance of power supply equipment and technical consultancy; offers services in relation to the installation and maintenance of water pipes, and technical consultancy services; and engages in the retail and wholesale of water pipes and related parts. In addition, it engages in the operation of Courtyard by Marriott Hong Kong, a 4-star hotel; manufacture and sale of presses and mechanical equipment, hydroelectric equipment, large scale pump units, and elevators and escalators; brewing, processing, and selling wine and ice wine products; and the provision of port services. The company is based in Central, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. Tianjin Development Holdings Limited is a subsidiary of Tsinlien Group Company Limited.
Last Reported Date: 04/24/13
tianjin development hldgs lt (882) Top Compensated Officers
tianjin development hldgs lt (882) Key Developments
Tianjin Development Holdings Ltd. reported audited consolidated cash flow results for the year ended December 31, 2012. For the year, the company reported net cash from operating activities of HKD 143,499,000 compared to HKD 355,705,000 a year ago. Purchase of property, plant and equipment was HKD 247,760,000 compared to HKD 548,987,000 a year ago. Net book value as at 31 December 2012 was HKD 2,287,823,000 compared to HKD 1,685,553,000 a year ago.
The board of directors of Tianjin Development Holdings Ltd. announced that Mr. Tuen Kong, Simon has been appointed as an executive director of the company with effect from March 27, 2013. Mr. TUEN Kong, Simon, aged 50, is the Deputy General Manager, Chief Financial Officer and Company Secretary of the company. He is also a director and/or secretary of various subsidiaries of the company.
Tianjin Development Holdings Ltd. reported audited consolidated earnings results for the full year ended December 31, 2012. For the year, the company’s revenue was HKD 3,890,394,000 compared to HKD 3,517,032,000 a year ago. Profit before tax was HKD 545,095,000 compared to HKD 617,185,000 a year ago. Profit for the year attributable to owners of the company was HKD 413,094,000 or 38.66 cents per diluted share, compared to HKD 437,195,000 or 40.93 cents per diluted share, a year ago.
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| 882:HK | $5.45 HKD | -0.03 | |
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Industry Analysis
882
Industry Average
| Valuation | 882 | Industry Range |
| Price/Earnings | 14.1x |
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| Price/Sales | 1.5x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | 14.1x |
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| TEV/Sales | NM | Not Meaningful |
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