Ratings TCL Technology Group Corporation

Equities

000100

CNE000001GL8

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
4.84 ^CNY	+1.26%		-3.59%	+12.56%

Apr. 03	Tranche Update on TCL Technology Group Corporation's Equity Buyback Plan announced on November 28, 2023.	CI
Feb. 20	LG Display draws interest in China plant sale - newspaper	RE

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

The earnings growth currently anticipated by analysts for the coming years is particularly strong.
Analysts covering this company mostly recommend stock overweighting or purchase.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.

Weaknesses

The company sustains low margins.
The group shows a rather high level of debt in proportion to its EBITDA.
The company is not the most generous with respect to shareholders' compensation.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Electronic Equipment & Parts

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
TCL TECHNOLOGY GROUP CORPORATION	+12.56%	12.25B		B-
CORNING INCORPORATED	+3.51%	26.96B		B+
E INK HOLDINGS INC.	+6.09%	7.31B		B+
AUO CORPORATION	-4.96%	4.05B		A
EVERDISPLAY OPTRONICS (SHANGHAI) CO., LTD.	-13.58%	4.02B	-	-
INNOLUX CORPORATION	-4.90%	3.78B		A
LG DISPLAY CO., LTD.	-19.62%	3.72B		B+
CAIHONG DISPLAY DEVICES CO.,LTD.	+9.33%	3.65B	-	D
TIANMA MICROELECTRONICS CO., LTD.	-29.30%	2.55B		C+
WUHU TOKEN SCIENCES CO., LTD.	-26.46%	1.67B		D+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes