Tian Cheng Holdings (HKSE:02110) Net Debt Paydown Yield % : 8.00% (As of Aug. 19, 2026) — 502% Above Median

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What is Tian Cheng Holdings Net Debt Paydown Yield %?

Tian Cheng Holdings HKSE:02110 -6.67% Net Debt Paydown Yield % is 8.00% as of Aug. 19, 2026, which is 502% above its 10-year median of 1.33. The stock has 3 warning signs investors should review. Among 1,669 Construction companies, Tian Cheng Holdings ranks better than 84.36% on this metric.

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Tian Cheng Holdings's Net Debt Paydown Yield % was 8.00%.


Tian Cheng Holdings  (HKSE:02110) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Tian Cheng Holdings Net Debt Paydown Yield % Related Terms


Tian Cheng Holdings Net Debt Paydown Yield % Historical Data

* Premium members only.

The historical data trend for Tian Cheng Holdings's Net Debt Paydown Yield % 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 Cheng Holdings Net Debt Paydown Yield % Chart

Tian Cheng Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only 1.13 1.53 -3.08 -0.81 5.99

Tian Cheng Holdings Semi-Annual Data
May17 May18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Net Debt Paydown Yield % 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 -7.41 -0.81 4.77 5.99 3.77

HKSE:02110 vs PWR, FIX, EME: Net Debt Paydown Yield % Comparison

For the Engineering & Construction subindustry, Tian Cheng Holdings's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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 Cheng Holdings Net Debt Paydown Yield % vs Construction Industry

For the Construction industry and Industrials sector, Tian Cheng Holdings's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Tian Cheng Holdings's Net Debt Paydown Yield % falls into.



Tian Cheng Holdings Net Debt Paydown Yield % Calculation

Tian Cheng Holdings's Net Debt Paydown Yield % for the quarter that ended in Nov. 2025 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 4.63-2.21 )/64.08
=3.77 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

What does a Net Debt Paydown Yield % of 8.00% mean?
Tian Cheng Holdings (HKSE:02110) has a Net Debt Paydown Yield % of 8.00% as of Aug. 19, 2026. Net Debt Paydown Yield is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. This metric provides insight into a company's willingness and ability to reduce its debt using free cash flow. View historical data on Tian Cheng Holdings and its competitors. This is 502% above median its historical median of 1.33. According to the industry distribution chart, Tian Cheng Holdings ranks #261 out of 1669 companies in the Construction industry, placing it in the top 15.6%.
Is Tian Cheng Holdings' Net Debt Paydown Yield % too high?
Tian Cheng Holdings' current Net Debt Paydown Yield % of 8.00% is 502% above median its 10-year median of 1.33. Based on the distribution chart, Tian Cheng Holdings ranks #261 out of 1669 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Tian Cheng Holdings' Net Debt Paydown Yield % compare to PWR and FIX?
According to the Construction industry distribution chart, Tian Cheng Holdings ranks #261 out of 1669 companies for Net Debt Paydown Yield %. This places Tian Cheng Holdings in the top 16% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Debt Paydown Yield % for a Construction company?
A good Net Debt Paydown Yield % depends on the Construction industry context. However, Net Debt Paydown Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Debt Paydown Yield % mean?
A high Net Debt Paydown Yield % can signal that a stock is expensive relative to its fundamentals. Net Debt Paydown Yield is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. This metric provides insight into a company's willingness and ability to reduce its debt using free cash flow. View historical data on Tian Cheng Holdings and its competitors. Tian Cheng Holdings's current Net Debt Paydown Yield % is 8.00%, which is 502% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Cheng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Cheng Holdings (HKSE:02110) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.07 — trading 30% below its estimated fair value. The current Net Debt Paydown Yield % is 8.00%, which is 502% above median its 10-year median of 1.33. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Debt Paydown Yield % calculated?
Net Debt Paydown Yield % is calculated from a company's financial statements. For Tian Cheng Holdings (HKSE:02110), the current Net Debt Paydown Yield % is 8.00% as of Aug. 19, 2026. 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.

Tian Cheng Holdings Business Description

Address 68 Mody Road, Rooms 506-507A, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Tian Cheng Holdings Ltd is a subcontractor specializing in marine construction and civil engineering projects, and engages in marine works including reclamation, sand adjustment, submarine pipeline, sedimentation, and sediment treatment. The company also provides vessel chartering and other civil engineering services such as foundation works, site formation, road, and drainage works. It operates through four segments: Marine Construction Works, Other Civil Engineering Works, Health and Wellness Services, and Vessel Chartering Services. The company generates the majority of its revenue from marine construction and operates mainly in Hong Kong and the PRC, with the majority of revenue coming from Hong Kong.