Added to YB: 2025-12-23
Pitch date: 2025-12-20
0882.HK [bullish]
Tianjin Development Holdings Limited
-0.41%
current return
Author Info
Company Info
Tianjin Development Holdings Limited, through its subsidiaries, supplies water, heat, thermal power, and electricity to industrial, commercial, and residential customers in the People’s Republic of China.
Market Cap
HKD 2.6B
Pitch Price
HKD 2.43
Price Target
N/A
Dividend
5.79%
EV/EBITDA
9.02
P/E
4.30
EV/Sales
1.17
Sector
Multi-Utilities
Category
value
Tianjin Development with Diego Milano of Quercus Fund
0882.HK: Hong Kong-listed municipal holding co trading at extreme discount to asset value. HK$5.4B cash pile (~2x market cap), owns stakes in Otis China (elevators), Tianjin Port, utilities, pharma. Potential catalysts: cash deployment (historical M&A ~20% market cap annually 2008-21) & Otis China recovery as China real estate stabilizes.
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