Td Holdings Intrinsic Stock Value – TD HOLDINGS Reports Earnings for Q2 of FY 2023
August 14, 2023
🌥️Earnings Overview
TD HOLDINGS ($NASDAQ:GLG) revealed its second quarter fiscal year 2023 earnings on June 30, 2023. The total revenue for the quarter decreased by 35.7% year-over-year to 34.5 million USD. Net income, meanwhile, showed a steep contrast to the same period in the prior year, dropping from 1.4 million USD to -4.4 million USD.
Share Price
On Friday, TD HOLDINGS reported its second quarter earnings for Fiscal Year 2023. According to the report, the company’s stock opened at $0.4 and closed at $0.4, representing an increase of 3.3% from its prior closing price of 0.4. The positive earnings report was a result of TD HOLDINGS’ strong financial performance during the quarter. This was the result of the company’s strategic investments in technology and operational efficiency, which have enabled them to remain competitive in a rapidly changing market.
Overall, the strong performance reported by TD HOLDINGS reflects the company’s commitment to increasing shareholder value. With the company’s stock price increasing by 3.3% on Friday, it is clear that investors are optimistic about the company’s future prospects. Going forward, investors can expect TD HOLDINGS to continue to deliver strong financial results in the quarters to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Td Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 124.08 | -2.1 | -1.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Td Holdings. More…
| Operations | Investing | Financing |
| 11.05 | -116.73 | 103.38 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Td Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 398.5 | 67.14 | 2.13 |
Key Ratios Snapshot
Some of the financial key ratios for Td Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 164.0% | – | 1.5% |
| FCF Margin | ROE | ROA |
| 8.7% | 0.3% | 0.3% |
Analysis – Td Holdings Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of TD HOLDINGS‘ fundamentals. According to our proprietary Valuation Line, the intrinsic value of TD HOLDINGS share is around $1.0. However, the stock is currently traded at $0.4 which is undervalued by 60.7%. This suggests a buying opportunity for the stock which is currently undervalued from a fundamental perspective. More…
Peers
It is well known for its diverse array of investments and acquisitions in a range of industries. TD Holdings Inc faces intense competition from its rivals MLG Oz Ltd, Anglo American PLC, and Lithium Royalty Corp, all of which are leaders in their own right in the markets they operate in. All four companies strive to create value and outpace their competitors in their respective industries.
– MLG Oz Ltd ($ASX:MLG)
MLG Oz Ltd is a leading Australian IT services and software provider. It provides various services such as IT consulting, software engineering, enterprise software, application development and more. MLG Oz Ltd has a market capitalisation of 71.38M as of 2023 and a Return on Equity (ROE) of 4.62%. This indicates that the company is financially successful and can generate returns for its investors. MLG Oz Ltd’s strong financial performance is attributed to its commitment to providing high-quality services and delivering value for its customers. This has enabled them to build a loyal customer base and generate substantial returns for shareholders.
– Anglo American PLC ($LSE:AAL)
Anglo American PLC is a British-South African multinational mining and commodities company with operations in Africa, Europe, South America, and Australia. As of 2023, the company has a market cap of 35.79 billion dollars and a Return on Equity of 22.34%. With such a large market cap, Anglo American PLC is the world’s fourth-largest mining company by market capitalization and is considered one of the largest miners of diamonds and nickel. The company’s Return on Equity indicates that it is able to generate strong returns from its invested capital and assets. Moreover, Anglo American PLC has also made significant investments in renewable energy resources such as wind and solar power.
– Lithium Royalty Corp ($TSX:LIRC)
Lithium Royalty Corp is a mineral resource company that is focused on the acquisition, exploration and development of mineral properties. The company primarily focuses on lithium and related minerals. As of 2023, Lithium Royalty Corp has a market cap of 873.51M, which puts it among the larger companies in the mining and resource sector. The company also has a Return on Equity of -0.92%, which indicates that it is not generating sufficient profits to cover its equity. This is likely due to the company’s focus on exploration and development, which requires significant capital expenditures.
Summary
TD HOLDINGS has reported its second quarter earnings of fiscal year 2023, revealing a 35.7% year-over-year decrease in total revenue to USD 34.5 million and a net income of USD -4.4 million, a stark contrast to the same period last year when it was 1.4 million. Despite these results, the stock price moved upwards the same day. This indicates that investors are looking past the current financial performance to assess future potential. It is advised that investors conduct further research before investing in this company as the future outlook remains uncertain.
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