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Time Watch Investments Limited
Main Activities: Miscellaneous Manufacturing
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Company Information |
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Full name Time Watch Investments Limited Headquarters 17 Carpenter Street, #02-01; Singapore; Singapore; 059906 |
Status: Delisted Legal Form: Public Limited Company Operational Status: Operational ISIN CODE : SG1U39933544 Financial Auditors: Deloitte Touche Tohmatsu (2003) Incorporation Date: April 5, 1995 Total Employees: 7 Tel: (65) 65366564 |
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Company Description |
| The Company is a leading manufacturers and retailers of local branded watches in the PRC. The Group is a leading manufacturers and retailers of local branded watches in the PRC. Their proprietary brand 'Tian Wang' has been established in the PRC since 1988 and is consistenly one of the top 4 local watch brands in the PRC by sales volume, as ranked by the Chinese National Commercial Information Centre. The Group's other in-house watch brand 'Balco', is introduced in 2001 and caters to middle upper | ||
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Company Analysis |
| According to the Consolidated - Non-Audited financial statement for the first two cumulated quarters of 2011, total net operating revenues increased with 35.17%, from HKD 663,991 thousands to HKD 897,520 thousands. Operating result increased from HKD 65,616 thousands to HKD 104,774 thousands which means 59.68% change. The results of the period increased 62.27% reaching HKD 77,363 thousands at the end of the period against HKD 47,675 thousands last year. Return on equity (Net income/Total equity) went from 12.71% to 15.44%, the Return On Asset (Net income / Total Asset) went from 5.29% to 6.44% and the Net Profit Margin (Net Income/Net Sales) went from 7.18% to 8.62% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 114.40% compared to 115.37% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.56 to 1.59 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |
FULL COMPANY PROFILE
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2011 Q2C (cons) |
2011 Q1 (cons) |
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| Non-Audited | Non-Audited | |
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| CEIC Company Financials (New) | CEIC Company Financials (New) | |
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| Unit | Thousands | Thousands |
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Balance Sheet
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Total Assets |
1,200,687 |
1,081,401 |
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Current Assets |
843,030 |
770,242 |
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Total Liabilities |
573,038 |
509,356 |
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Shareholders Equity |
627,649 |
572,045 |
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Current Liabilities |
529,388 |
429,004 |
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| * All the accounts are in HKD. | ||
Income Statement
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Total Operating Revenue |
914,230 |
410,480 |
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Operational Profit (Loss) |
104,774 |
43,461 |
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Net Profit (Loss) |
62,369 |
20,857 |
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| * All the accounts are in HKD. | ||
Ratios
| Profitability Ratios | ||
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Return on Assets (ROA) |
6.44% |
2.7% |
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Annualised Return on Assets (ROA) |
12.88% |
10.8% |
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Return on Equity (ROE) |
15.44% |
6.37% |
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Annualised Return on Equity (ROE) |
30.88% |
25.48% |
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Return on Sales (ROS) |
11.63% |
10.76% |
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Return on Capital |
9.29% |
3.2% |
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Gross Profit Margin |
37.71% |
37.47% |
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Operating Profit Margin |
6.95% |
5.18% |
| Efficiency Ratios | ||
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Inventory Turnover |
0.02x |
0.01x |
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Current asset turnover |
0.01x |
0.01x |
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Fixed-asset turnover |
0.18x |
0.09x |
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Asset Turnover |
0.01x |
0.00x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
104,360 |
43,282 |
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EBITDA |
113,198 |
47,562 |
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Bookvalue (BV) |
500,908 |
458,157 |
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Net Cash |
185,362 |
126,185 |
| Liquidity Ratios | ||
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Current Ratio |
1.59% |
1.8% |
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Quick ratio |
0.86% |
0.95% |
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Doom's day ratio |
0.35% |
0.29% |
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Cash Flow to Debt |
0% |
-1.16% |
| Leverage Ratios | ||
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Leverage ratio |
2.4% |
2.36% |
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Interest Coverage Ratio |
42.41% |
32.57% |
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Debt to equity |
114.4% |
111.17% |
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Debt to total assets |
0.19% |
0.2% |
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Long Term Debt to Capital |
0% |
0.09% |
| Market ratios | ||
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Market Capitalization/EBITDA |
3.83 |
8.24 |
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Price/Book Ratio |
1.18 |
1.26 |
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Market Cap / Net cash |
2.34 |
3.11 |
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Market cap/Shareholder equity |
0.87 |
0.86 |
| Trend Ratios | ||
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Net Income Trend |
1.64% |
1.18% |
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Operating Income Trend |
1.6% |
1.5% |
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