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TCL Technology Group Corporation is currently in a long term downtrend where the price is trading 0.6% below its 200 day moving average.
From a valuation standpoint, the stock is 78.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.7.
TCL Technology Group Corporation's total revenue rose by 73.7% to $28B since the same quarter in the previous year.
Its net income has increased by 5743.9% to $2B since the same quarter in the previous year.
Finally, its free cash flow fell by 45.1% to $-4B since the same quarter in the previous year.
Based on the above factors, TCL Technology Group Corporation gets an overall score of 3/5.
Exchange | SHE |
---|---|
CurrencyCode | CNY |
ISIN | CNE000001GL8 |
Sector | Technology |
Industry | Semiconductor Equipment & Materials |
Beta | 0.69 |
---|---|
Market Cap | 86B |
PE Ratio | 31.85 |
Target Price | 5.44 |
Dividend Yield | 1.2% |
TCL Technology Group Corporation, together with its subsidiaries, engages in the semiconductors business in China and internationally. The company operates through four segments: Display Business, New Energy Photovoltaic and Other Silicon Materials Business, Distribution Business, and the Other Businesses. The Display Business segment engages in the research and development, manufacture, and sale of display panels and display modules, as well as complete display processing. The New energy Photovoltaic and Other Silicon Materials Business segment is involved in the manufacture and sale of other silicon materials, devices, new energy materials, and new energy; development and operation of high-efficiency photovoltaic power station projects. The Distribution Business segment engages in the sale of computers, software, tablet computers, mobile phones, and other electronic products. The Other Businesses is involved in the industrial finance and investment business, technology development services, and patent maintenance services, etc. The company was formerly known as TCL Corporation and changed its name to TCL Technology Group Corporation in February 2020. TCL Technology Group Corporation was founded in 1981 and is based in Shenzhen, China.
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