TCL Electronics Holdings Limited - TCLHF

TCLHF Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
TCLHF	-3.5	9.3	6.5	20.6	23.3	173.3	56.1	57.7	100	215.4
S&P 500	1.0	3.7	2.2	2.3	8.9	23.9	32.3	80.6	196.5	33856.2

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	TCLHF
name	TCL Electronics Holdings Limited
price	0.82
changes percentage	-3.5294
change	-0.03
day low	0.82
day high	0.85
year high	0.85
year low	0.3
market cap	2067170800
price avg 50	0.7164
price avg 200	0.682
exchange	PNK
volume	5000
avg volume	1811
open	0.85
previous close	0.85
eps	0.06
pe	13.67
earnings announcement	2025-03-19T12:00:00.000+0000
shares outstanding	2520940000
timestamp	2025-01-17 20:00:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 67.3%

Overall Quarterly Financial Health: 33.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	78986064000	71351415000	10.70
gross profit	14755695000	13111583000	12.54
gross profit ratio	0.19	0.18	1.66
research and development expenses	2326980000	2531283000	-8.07
operating expenses	14755695000	14079614000	4.80
interest income	794171000	631002000	25.86
interest expense	885497000	668671000	32.43
ebitda	3203953000	2747439000	16.62
ebitdaratio	0.04	0.04	12.86
operating income	819241000	1321304000	-38.00
operating income ratio	0.01	0.02	-43.99
net income	743633000	446975000	66.37
net income ratio	0.01	0.01	50.29
eps	0.3	0.19	57.89

Overall Score of Annual Income Statement

0.75 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 78,986 million in 2023 from 71,351 million in 2022 representing a change of 10.7%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 14,756 million in 2023 from 13,112 million in 2022 representing a change of 12.54%. This indicates a sales profitability growth, which is a positive sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 3,204 million in 2023 from 2,747 million in 2022 representing a change of 16.62%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 819 million in 2023 from 1,321 million in 2022 representing a change of -38.0%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 744 million in 2023 from 447 million in 2022 representing a change of 66.37%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.3 in 2023 from 0.3 in 2022 representing a change of 57.89%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Research and Development (R&D) Expenses: R&D Expenses decreased to 2,327 million in 2023 from 2,531 million in 2022 representing a change of -8.07%. This shows that the company decreased investment in innovation and product development, which is not a good sign for long-term growth.

  Operating Expenses: Operating Expenses increased to 14,756 million in 2023 from 14,080 million in 2022 representing a change of 4.8%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
revenue	22746810000	22746810000	0.0
gross profit	3873863000	3873863000	0.0
gross profit ratio	0.17	0.17	0.0
research and development expenses	546391500	546391500	0.0
operating expenses	3665159500	3665159500	0.0
interest income	0	0	NaN
interest expense	0	0	NaN
ebitda	404228500	404228500	0.0
ebitdaratio	0.02	0.02	0.0
operating income	208703500	208703500	0.0
operating income ratio	0.01	0.01	0.0
net income	324960000	324960000	0.0
net income ratio	0.01	0.01	0.0
eps	0.13	0.13	0.0

Overall Score of Quarterly Income Statement

0.5 out of 1

Detailed Analysis

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	64776450000	55105447000	17.55
total liabilities	47470364001	38227791000	24.18
total equity	17306085999	16877656000	2.54
cash and cash equivalents	10736877000	9390941000	14.33
short term investments	943102000	3485405000	-72.94
long term investments	1677372000	-1615632000	203.82
total current assets	53512323000	43563534000	22.84
total non current assets	11264127000	11541913000	-2.41
total current liabilities	45535596000	36537731000	24.63
total non current liabilities	1934768000	1690060000	14.48
common stock	2507569000	2499780000	0.31
retained earnings	10343786000	8593540000	20.37
total debt	6218970000	5872824000	5.89

Overall Score of Annual Balance Sheet

0.6 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 64,776 million in 2023 from 55,105 million in 2022 representing a change of 17.55%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 17,306 million in 2023 from 16,878 million in 2022 representing a change of 2.54%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 10,737 million in 2023 from 9,391 million in 2022 representing a change of 14.33%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 53,512 million in 2023 from 43,564 million in 2022 representing a change of 22.84%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 2,508 in 2023 from 2,500 in 2022 representing a change of 0.31%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 10,344 million in 2023 from 8,594 million in 2022 representing a change of 20.37%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 47,470 million in 2023 from 38,228 million in 2022 representing a change of 24.18%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 943 million in 2023 from 3,485 million in 2022 representing a change of -72.94%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 45,536 million in 2023 from 36,538 million in 2022 representing a change of 24.63%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 6,219 million in 2023 from 5,873 million in 2022 representing a change of 5.89%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
total assets	71268926000	71268926000	0.00
total liabilities	54124630001	54124630001	0.00
total equity	17144295999	17144295999	0.00
cash and cash equivalents	9850755000	9850755000	0.00
short term investments	541025000	541025000	0.00
long term investments	1805334000	1805334000	0.00
total current assets	60212242000	60212242000	0.00
total non current assets	11056684000	11056684000	0.00
total current liabilities	52612879000	52612879000	0.00
total non current liabilities	1511751001	1511751001	0.00
common stock	2520935000	2520935000	0.00
retained earnings	11035242000	11035242000	0.00
total debt	7001575000	6653421000	5.23

Overall Score of Quarterly Balance Sheet

0.0 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Debt: Total Debt increased to 7,002 million in 2024Q2 from 6,653 million in 2024Q1 representing a change of 5.23%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	1345936000	-2118225000	163.54
operating cash flow	1603327000	1365003000	17.46
free cash flow	1027859000	405903000	153.23
capital expenditure	-575468000	-959100000	40.00
depreciation and amortization	1170272000	1243240000	-5.87
deferred income tax	0	-783912000	100.00
stock based compensation	83636000	147720000	-43.38
accounts payables	5518294000	660459000	735.52
inventory	-2331005000	3255457000	-171.60
acquisitions net	305235000	-63618000	579.79
investments in property plant and equipment	-209132000	-959100000	78.19
net cash used for investing activites	21614000	-771569000	102.80
debt repayment	289078000	-1496397000	119.32
common stock issued	214000	-36492000	100.59
common stock repurchased	0	0	NaN
dividends paid	-318464000	-416741000	23.58
net cash used provided by financing activities	-246315000	-2236321000	88.99
cash at end of period	10736877000	9390941000	14.33
accounts receivables	-5883394000	-23590000	-24840.20
cash at beginning of period	9390941000	11509166000	-18.40

Overall Score of Annual Cashflow Statement

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 1,346 million in 2023 from -2,118 million in 2022 representing a change of 163.54%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 1,603 million in 2023 from 1,365 million in 2022 representing a change of 17.46%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 1,028 million in 2023 from 406 million in 2022 representing a change of 153.23%. This indicates an increase in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation decreased to 84 million in 2023 from 148 million in 2022 representing a change of -43.38%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Accounts Receivables: Accounts Receivables decreased to -5,883 million in 2023 from -24 million in 2022 representing a change of -24840.2%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

  Dividends Paid: Dividends Paid increased to -318 million in 2023 from -417 million in 2022 representing a change of 23.58%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to -575 million in 2023 from -959 million in 2022 representing a change of 40.0%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2023 from -784 million in 2022 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

  Accounts Payables: The absolute value of Accounts Payables increased to 5,518 million in 2023 from 660 million in 2022 representing a change of 735.52%. This indicates that the company has increased its outstanding obligations to its suppliers.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
operating cash flow	401133000	401133000	0.0
free cash flow	330573000	330573000	0.0
capital expenditure	-70560000	-70560000	0.0
depreciation and amortization	263141000	263141000	0.0
deferred income tax	0	0	NaN
stock based compensation	22322500	22322500	0.0
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	-31247500	-31247500	0.0
investments in property plant and equipment	-70560000	-70560000	0.0
net cash used for investing activites	-1204022500	-1204022500	0.0
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	-28774500	-28774500	0.0
dividends paid	0	0	NaN
net cash used provided by financing activities	382515500	382515500	0.0
net change in cash	-443061000	-443061000	0.0
cash at end of period	-443061000	-443061000	0.0
cash at beginning of period	0	0	NaN

Overall Score of Quarterly Cashflow Statement

0.5 out of 1

Detailed Analysis

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	31.88	29.58	7.77
net income per share	0.3	0.19	61.96
operating cash flow per share	0.65	0.57	14.35
free cash flow per share	0.41	0.17	146.52
cash per share	4.71	5.34	-11.69
book value per share	6.98	7.0	-0.18
tangible book value per share	5.14	5.17	-0.62
shareholders equity per share	6.74	6.82	-1.19
interest debt per share	2.87	2.71	5.73
market cap	6294015707.6	7550557092.8	-16.64
enterprise value	1776108707.6	4032440092.8	-55.95
pe ratio	8.46	16.89	-49.90
price to sales ratio	0.08	0.11	-24.70
pocfratio	3.93	5.53	-29.03
pfcf ratio	6.12	18.6	-67.08
pb ratio	0.38	0.46	-17.88
ptb ratio	0.38	0.46	-17.88
ev to sales	0.02	0.06	-60.21
enterprise value over ebitda	0.57	1.52	-62.49
ev to operating cash flow	1.11	2.95	-62.50
ev to free cash flow	1.73	9.93	-82.61
earnings yield	0.12	0.06	99.58
free cash flow yield	0.16	0.05	203.78
debt to equity	0.37	0.36	4.33
debt to assets	0.1	0.11	-9.92
net debt to ebitda	-1.45	-1.32	-9.36
current ratio	1.18	1.19	-1.44
interest coverage	0.93	1.98	-53.18
income quality	2.16	1.63	31.97
dividend yield	0.05	0.06	-8.33
payout ratio	0.43	0.93	-54.07
sales general and administrative to revenue	0.05	0.06	-18.14
research and ddevelopement to revenue	0.03	0.04	-16.96
intangibles to total assets	0.07	0.08	-11.67
capex to operating cash flow	0.36	0.7	-48.92
capex to revenue	0.01	0.01	-45.80
capex to depreciation	0.49	0.77	-36.80
stock based compensation to revenue	0.0	0.0	-48.85
graham number	6.75	5.33	26.51
roic	0.02	0.04	-35.90
return on tangible assets	0.01	0.01	40.11
graham net net	-6.18	-4.38	-41.13
working capital	7976727000	7025803000	13.53
tangible asset value	12735209000	12475547000	2.08
net current asset value	6041959000	5335743000	13.24
invested capital	15777944000	15158796000	4.08
average receivables	16154053500	13376915000	20.76
average payables	21477503500	19186163500	11.94
average inventory	11024419000	11696455000	-5.75
days sales outstanding	88.51	67.29	31.53
days payables outstanding	136.43	118.74	14.90
days of inventory on hand	69.39	61.65	12.56
receivables turnover	4.12	5.42	-23.97
payables turnover	2.68	3.07	-12.96
inventory turnover	5.26	5.92	-11.16
roe	0.04	0.03	63.91
capex per share	0.23	0.4	-41.59

• Negative

  ROE: Return on Equity (ROE) increased to 0.04 on 2023-12-31 from 0.03 on 2022-12-31, representing a change of 63.91%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 8.46 on 2023-12-31 from 16.89 on 2022-12-31, representing a change of -49.90%. Indicating a decrease in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 1.18 on 2023-12-31 from 1.19 on 2022-12-31, representing a change of -1.44%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.37 on 2023-12-31 from 0.36 on 2022-12-31, representing a change of 4.33%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
TCLHF
calendar year	2024	2024	NaN
revenue per share	8.97	8.97	0.00
net income per share	0.13	0.13	0.00
operating cash flow per share	0.16	0.16	0.00
free cash flow per share	0.13	0.13	0.00
cash per share	4.1	4.1	0.00
book value per share	6.76	6.76	0.00
tangible book value per share	5.0	5.0	0.00
shareholders equity per share	6.56	6.56	0.00
interest debt per share	2.76	2.62	5.23
market cap	15347447301.45	9056262291.93	69.47
enterprise value	12498267301.45	5858928291.93	113.32
pe ratio	11.81	6.97	69.47
price to sales ratio	0.67	0.4	69.47
pocfratio	38.26	22.58	69.47
pfcf ratio	46.43	27.4	69.47
pb ratio	0.92	0.54	69.47
ptb ratio	0.92	0.54	69.47
ev to sales	0.55	0.26	113.32
enterprise value over ebitda	30.92	14.49	113.32
ev to operating cash flow	31.16	14.61	113.32
ev to free cash flow	37.81	17.72	113.32
earnings yield	0.02	0.04	-40.99
free cash flow yield	0.02	0.04	-40.99
debt to equity	0.42	0.4	5.23
debt to assets	0.1	0.09	5.23
net debt to ebitda	-7.05	-7.91	10.89
current ratio	1.14	1.14	0.00
interest coverage	0	0	NaN
income quality	1.23	1.23	0.00
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.04	0.04	0.00
research and ddevelopement to revenue	0.02	0.02	0.00
intangibles to total assets	0.06	0.06	0.00
capex to operating cash flow	0.18	0.18	0.00
capex to revenue	0.0	0.0	0.00
capex to depreciation	0.27	0.27	0.00
stock based compensation to revenue	0.0	0.0	0.00
graham number	4.35	4.35	0.00
roic	0.01	0.01	0.00
return on tangible assets	0.0	0.0	0.00
graham net net	-8.27	-8.27	0.00
working capital	7599363000	7599363000	0.00
tangible asset value	12680087999	12680087999	0.00
net current asset value	6087611999	6087611999	0.00
invested capital	15116309000	15116309000	0.00
average receivables	20055090000	19604393500	2.30
average payables	27579621000	25793896500	6.92
average inventory	15436727000	13824125500	11.67
days sales outstanding	79.35	79.35	0.00
days payables outstanding	131.52	131.52	0.00
days of inventory on hand	73.61	73.61	0.00
receivables turnover	1.13	1.13	0.00
payables turnover	0.68	0.68	0.00
inventory turnover	1.22	1.22	0.00
roe	0.02	0.02	0.00
capex per share	0.03	0.03	0.00

• Negative

  ROE: Return on Equity (ROE) decreased to 0.02 on 2024-06-30 Q2 from 0.02 on 2024-03-31 Q1, representing a change of 0.00%. Suggesting that the company has not been generating high returns for its shareholders.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 11.81 on 2024-06-30 Q2 from 6.97 on 2024-03-31 Q1, representing a change of 69.47%. Indicating an increase in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 1.14 on 2024-06-30 Q2 from 1.14 on 2024-03-31 Q1, representing a change of 0.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.42 on 2024-06-30 Q2 from 0.40 on 2024-03-31 Q1, representing a change of 5.23%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 2.02 which is higher than current price 0.82, indicates the company may be undervalued.