ENTITY
Tongda Group Holdings

Tongda Group Holdings (698 HK)

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Analysis
Information TechnologyHong Kong
Tongda Group Holdings Limited is a supplier of high-precision components of consumer electronic products. The Company uses its in-mould lamination ("IML") technology for customers in the in the PRC. The Group has established a solid presence in handset, electrical appliance and notebook computer casings and related products.
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30 Aug 2024 21:25Broker

Tongda (698 HK) - Non-Metal Casing Upgrade and Smart-Tech to Drive Earnings Recovery in FY25E

Tongda’s 1H24 revenue/GPM beat market expectations mainly on Android recovery, Apple and Smart-tech business growth while net profit declined 34%...

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06 Aug 2024 10:46Broker

Tongda (698 HK) - 1H24E Preview: Eyes on Android Recovery and Smart Tech Growth

We lowered our FY24-25E EPS by 23-32% to reflect Apple business disposal and Android market competition. Maintain BUY with new TP of HK$0.13, based...

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16 Apr 2024 12:04Broker

Tongda (698 HK) - Healthier Balance Sheet and Android Momentum to Drive Profitability Recovery

Our new TP of HK$0.14 is based on the same 6.0x FY24E P/E. Trading at 3.0x/2.5x FY24/25E P/E (lower than 1sd below 10-year hist. avg.), the stock...

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bullishApple
05 Jun 2023 23:07Broker

China Technology – Apple MR: Long-awaited next “iPhone moment”

We believe 2023 is set to be one of the best years in VR/AR ecosystem development as Apple’s first MR headset will set new standard for innovation.

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29 Jul 2024 11:34

BUY/SELL/HOLD: Hong Kong Stock Updates (July 29)

Low volatility investing is performing well in July.  BYD Electronics has seen better Apple related and NEV sales and Alibaba is increasing some...

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