Tian Chang Group Holdings (HKSE:02182) EBITDA Margin %: 9.70% (As of Dec. 2025) — 36% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02182 Tian Chang Group Holdings Ltd HKSE:02182
50 GF Score
Price HK$0.32
GF Value HK$0.27
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tian Chang Group Holdings EBITDA Margin %?

Tian Chang Group Holdings HKSE:02182 50 EBITDA Margin % is 9.70% as of Dec. 2025, which is 36% below its 10-year median of 15.14. GuruFocus rates HKSE:02182 with a GF Score™ of 50/100 and a GF Value™ of HK$0.27 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 541 Conglomerates companies, Tian Chang Group Holdings ranks worse than 64.7% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Tian Chang Group Holdings's EBITDA for the six months ended in Dec. 2025 was HK$25.7 Mil. Tian Chang Group Holdings's Revenue for the six months ended in Dec. 2025 was HK$264.6 Mil. Therefore, Tian Chang Group Holdings's EBITDA margin for the quarter that ended in Dec. 2025 was 9.70%.


Tian Chang Group Holdings  (HKSE:02182) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Tian Chang Group Holdings EBITDA Margin % Related Terms


Tian Chang Group Holdings EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Tian Chang Group Holdings's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tian Chang Group Holdings EBITDA Margin % Chart

Tian Chang Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.31 15.18 11.77 7.95 8.16

Tian Chang Group Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.53 7.06 8.60 6.55 9.70

HKSE:02182 vs MMM, HON: EBITDA Margin % Comparison

For the Conglomerates subindustry, Tian Chang Group Holdings's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tian Chang Group Holdings EBITDA Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tian Chang Group Holdings's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Tian Chang Group Holdings's EBITDA Margin % falls into.


HKSE:02182
50GF Score
Tian Chang Group Holdings Ltd HKSE:02182
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tian Chang Group Holdings EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Tian Chang Group Holdings's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=42.319/518.781
=8.16 %

Tian Chang Group Holdings's EBITDA Margin % for the quarter that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=25.67/264.568
=9.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 9.70% mean?
Tian Chang Group Holdings (HKSE:02182) has a EBITDA Margin % of 9.70% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Tian Chang Group Holdings and its competitors. This is 36% below median its historical median of 15.14. Over the past decade, Tian Chang Group Holdings' EBITDA Margin % has ranged from 7.95 to 18.22. According to the industry distribution chart, Tian Chang Group Holdings ranks #350 out of 541 companies in the Conglomerates industry, placing it in the top 64.7%.
Is Tian Chang Group Holdings' EBITDA Margin % too high?
Tian Chang Group Holdings' current EBITDA Margin % of 9.70% is 36% below median its 10-year median of 15.14. Over the past 10 years, this metric has ranged from a low of 7.95 to a high of 18.22. The Conglomerates industry median EBITDA Margin % is 12.44. Tian Chang Group Holdings' value of 9.70% is 22% below this industry median. Based on the distribution chart, Tian Chang Group Holdings ranks #350 out of 541 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Tian Chang Group Holdings has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tian Chang Group Holdings' EBITDA Margin % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Tian Chang Group Holdings ranks #350 out of 541 companies for EBITDA Margin %. This places Tian Chang Group Holdings in the lower half of its industry. The industry median EBITDA Margin % is 12.44. Tian Chang Group Holdings' value of 9.70% is 22% below this benchmark. Historically, Tian Chang Group Holdings' own EBITDA Margin % has ranged from 7.95 to 18.22 over the past decade. While the company's 10-year median is 15.14 vs. the industry median of 12.44, Tian Chang Group Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Conglomerates company?
The median EBITDA Margin % among Conglomerates companies is 12.44, based on 541 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tian Chang Group Holdings's current EBITDA Margin % of 9.70% is 22% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Tian Chang Group Holdings and its competitors. For the Conglomerates industry, the median EBITDA Margin % is 12.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Chang Group Holdings's current EBITDA Margin % is 9.70%, which is 36% below median its own 10-year median of 15.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Chang Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Chang Group Holdings (HKSE:02182) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.27, compared to a current price of HK$0.32 — trading 16.7% above its estimated fair value. The current EBITDA Margin % is 9.70%, which is 36% below median its 10-year median of 15.14 and 22% below the Conglomerates industry median of 12.44. Tian Chang Group Holdings' overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Tian Chang Group Holdings (HKSE:02182), the current EBITDA Margin % is 9.70% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tian Chang Group Holdings (HKSE:02182) Overvalued in 2026?

Based on GuruFocus' analysis, Tian Chang Group Holdings stock appears to be overvalued. The current stock price of HK$0.32 is trading 16.7% above its estimated GF Value™ of HK$0.27. GuruFocus considers Tian Chang Group Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:02182:

  • EBITDA Margin %: 9.70% (36% below median its 10-year median of 15.14)
  • GF Value™: HK$0.27 vs. price of HK$0.32 (16.7% above fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 22% below the Conglomerates median (#350 of 541)

No single metric tells the full story. See the HKSE:02182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tian Chang Group Holdings Business Description

Address 55 Hoi Yuen Road, Workshop Unit 6, 13th Floor, Block B, Hoi Luen Industrial Centre, Kwun Tong, Hong Kong, HKG
Tian Chang Group Holdings Ltd is principally engaged in the manufacturing and sales of electronic cigarette products and providing integrated plastic solutions in Hong Kong and the PRC. It operates in the segments of the Integrated plastic solutions segment, the Electronic cigarette products segment, and the Medical consumable products segment. The E-cigarette products segment involves the manufacture and sales of e-cigarette products, whereas the Integrated plastic solutions segment consists of the manufacture and sales of moulds and plastic products. The company derives key revenue from the PRC.
50GF Score

Get the complete analysis for HKSE:02182

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.32
Price
HK$0.27
GF Value