Tongda Group Holdings - Stock

Tongda Group Holdings Equity 2024

Tongda Group Holdings Equity

6.68 B HKD

Ticker

698.HK

ISIN

KYG8917X1218

WKN

787139

In 2024, Tongda Group Holdings's equity was 6.68 B HKD, a -11.64% increase from the 7.56 B HKD equity in the previous year.

Tongda Group Holdings Aktienanalyse

What does Tongda Group Holdings do?

Tongda Group Holdings Ltd is a Hong Kong-based company that was founded in 1997. The company operates in various industries, including automotive electronics, household appliances, smart home systems, automation technology, and medical equipment. It has subsidiaries in China, Europe, North America, and Asia. The company originally started in the production of household appliances such as kettles, toasters, and blenders. However, it quickly realized the importance of diversifying and expanding into different sectors. Tongda has since invested heavily in expanding its technological and electronic capabilities. In recent years, it has also invested in the automotive sector and now manufactures automotive electronics used in various cars. Tongda's business model is based on the manufacturing of electronic components and devices. It has become an important supplier to other companies due to its expertise in electronics and automation. The company also sells a variety of products directly to customers. Tongda is constantly striving to improve its manufacturing techniques and product development in order to offer the latest and best products to its customers. It places particular emphasis on advanced technologies such as artificial intelligence and the Internet of Things. Tongda is divided into different divisions, including household appliances, automotive electronics, smart home systems, and medical equipment. Each division faces its own challenges and offers specific products. The company has an experienced team of engineers, designers, and manufacturing experts who collaborate to develop new products and improve existing ones. In the household appliances division, Tongda produces a wide range of products, including toasters, kettles, coffee machines, and air purifiers. Advanced technologies are also used to enhance the performance and quality of these products. The automotive electronics division is a significant growth area for the company. Tongda produces a variety of products in this division, including sensors, cameras, and infotainment systems. With its advanced technologies, Tongda has become a key supplier to some of the world's largest automakers. Smart home systems rely on Internet of Things (IoT) technologies to connect various devices and systems in the home. Tongda produces a range of devices in this division, such as smart plugs, surveillance cameras, and wireless speakers. The company has also developed home automation solutions that allow homeowners to control their devices and systems easily and effectively. The medical products division is another important area for the company. Tongda produces artificial joints and implants, among other medical devices. Overall, Tongda Group Holdings Ltd has become a significant player in the electronics and automation industry. The company is constantly striving to evolve and improve its capabilities and technologies. Tongda Group Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Tongda Group Holdings's Equity

Tongda Group Holdings's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Tongda Group Holdings's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Tongda Group Holdings's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Tongda Group Holdings's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Tongda Group Holdings’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Tongda Group Holdings stock

What is the equity of Tongda Group Holdings this year?

Tongda Group Holdings has equity of 6.68 B HKD this year.

What was the equity of Tongda Group Holdings compared to the previous year?

The equity of Tongda Group Holdings has increased/decreased by -11.64% decreased compared to the previous year.

What impact does a high equity have on investors of Tongda Group Holdings?

A high equity is advantageous for investors of Tongda Group Holdings as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Tongda Group Holdings?

A low equity can be a risk for investors of Tongda Group Holdings, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Tongda Group Holdings affect the company?

An increase in equity of Tongda Group Holdings can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Tongda Group Holdings affect the company?

A reduction in equity of Tongda Group Holdings can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Tongda Group Holdings?

Some factors that can affect the equity of Tongda Group Holdings include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Tongda Group Holdings so important for investors?

The equity of Tongda Group Holdings is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Tongda Group Holdings take to change the equity?

To change equity, Tongda Group Holdings can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Tongda Group Holdings pay?

Over the past 12 months, Tongda Group Holdings paid a dividend of 0 HKD . This corresponds to a dividend yield of about 0.58 %. For the coming 12 months, Tongda Group Holdings is expected to pay a dividend of 0 HKD.

What is the dividend yield of Tongda Group Holdings?

The current dividend yield of Tongda Group Holdings is 0.58 %.

When does Tongda Group Holdings pay dividends?

Tongda Group Holdings pays a quarterly dividend. This is distributed in the months of October, June, October, June.

How secure is the dividend of Tongda Group Holdings?

Tongda Group Holdings paid dividends every year for the past 3 years.

What is the dividend of Tongda Group Holdings?

For the upcoming 12 months, dividends amounting to 0 HKD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Tongda Group Holdings located?

Tongda Group Holdings is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Tongda Group Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongda Group Holdings from 6/12/2020 amounting to 0.001 HKD, you needed to have the stock in your portfolio before the ex-date on 5/28/2020.

When did Tongda Group Holdings pay the last dividend?

The last dividend was paid out on 6/12/2020.

What was the dividend of Tongda Group Holdings in the year 2023?

In the year 2023, Tongda Group Holdings distributed 0 HKD as dividends.

In which currency does Tongda Group Holdings pay out the dividend?

The dividends of Tongda Group Holdings are distributed in HKD.

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Andere Kennzahlen von Tongda Group Holdings

Our stock analysis for Tongda Group Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tongda Group Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.