View Past PerformanceHNA TechnologyLtd バランスシートの健全性財務の健全性 基準チェック /46HNA TechnologyLtdの総株主資本はCN¥7.6B 、総負債はCN¥1.4Bで、負債比率は18.1%となります。総資産と総負債はそれぞれCN¥10.0BとCN¥2.5Bです。主要情報18.07%負債資本比率CN¥1.37b負債インタレスト・カバレッジ・レシオn/a現金CN¥3.02bエクイティCN¥7.56b負債合計CN¥2.45b総資産CN¥10.01b財務の健全性に関する最新情報分析記事 • Feb 08Does HNA TechnologyLtd (SHSE:600751) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Nov 04Is HNA TechnologyLtd (SHSE:600751) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...すべての更新を表示Recent updatesお知らせ • Jun 17HNA Technology Co.,Ltd. (SHSE:600751) announces an Equity Buyback for CNY 180 million worth of its shares.HNA Technology Co.,Ltd. (SHSE:600751) announces a share repurchase program. Under the program, the company will repurchase up to CNY 180 million worth of its A shares. The shares will be repurchased at a price not more than CNY 5.29 per share. The repurchased shares will be used for ESOP or equity incentives. Shares not used within 3 years after the completion of the repurchase will be cancelled. The repurchases will be funded through Own Funds or Special Repurchase Loans. The authorization will be valid for a period of 12 months from the Company's Directorate's Approval Date.お知らせ • Jun 16HNA Technology Co.,Ltd. (SHSE:600751) announces an Equity Buyback for $1.2 million worth of its shares.HNA Technology Co.,Ltd. (SHSE:600751) announces a share repurchase program. Under the program, the company will repurchase up to $1.20 million worth of its B shares. The shares will be repurchased at a price not more than $0.29 per share. The purpose of program is to maintain the Company’s value and shareholder rights. The repurchased shares will be cancelled. The repurchases will be funded through Own Funds or Special Repurchase Loans. The authorization will be valid for a period of 3 months from the Company's Directorate's Approval Date.New Risk • May 08New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.1% net profit margin).Reported Earnings • Apr 24Full year 2025 earnings released: EPS: CN¥0.036 (vs CN¥0.04 in FY 2024)Full year 2025 results: EPS: CN¥0.036 (down from CN¥0.04 in FY 2024). Revenue: CN¥1.54b (up 38% from FY 2024). Net income: CN¥102.9m (down 17% from FY 2024). Profit margin: 6.7% (down from 11% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • Apr 23HNA Technology Co.,Ltd., Annual General Meeting, May 29, 2026HNA Technology Co.,Ltd., Annual General Meeting, May 29, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Tianjin Chinaお知らせ • Mar 30HNA Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026HNA Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26HNA Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026HNA Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.009 (vs CN¥0.006 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.009 (up from CN¥0.006 in 3Q 2024). Revenue: CN¥370.3m (up 17% from 3Q 2024). Net income: CN¥25.3m (up 43% from 3Q 2024). Profit margin: 6.8% (up from 5.6% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 135 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30HNA Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025HNA Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.013 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.013 in 2Q 2024). Revenue: CN¥413.5m (up 85% from 2Q 2024). Net income: CN¥28.5m (down 26% from 2Q 2024). Profit margin: 6.9% (down from 17% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance.New Risk • Jul 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin).お知らせ • Jun 30HNA Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 20, 2025HNA Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 20, 2025お知らせ • Jun 06HNA Technology Co.,Ltd., Annual General Meeting, Jun 27, 2025HNA Technology Co.,Ltd., Annual General Meeting, Jun 27, 2025, at 14:00 China Standard Time. Location: No. 207, Machang Road, Hexi District, Tianjin Chinaお知らせ • Mar 28HNA Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025HNA Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025分析記事 • Feb 08Does HNA TechnologyLtd (SHSE:600751) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Board Change • Jan 26Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wen Jin Gao was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 27HNA Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025HNA Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025分析記事 • Nov 12HNA TechnologyLtd's (SHSE:600751) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsDespite HNA Technology Co.,Ltd.'s ( SHSE:600751 ) recent earnings report having lackluster headline numbers, the market...New Risk • Nov 12New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (5.6% net profit margin).分析記事 • Nov 04Is HNA TechnologyLtd (SHSE:600751) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Sep 30HNA Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024HNA Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024分析記事 • Sep 30HNA Technology Co.,Ltd. (SHSE:600751) Investors Are Less Pessimistic Than ExpectedWhen you see that almost half of the companies in the Electronic industry in China have price-to-sales ratios (or...Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.013 (vs CN¥0.093 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.013 (down from CN¥0.093 in 2Q 2023). Revenue: CN¥224.0m (up 145% from 2Q 2023). Net income: CN¥38.4m (down 86% from 2Q 2023). Profit margin: 17% (down from 292% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Jun 28HNA Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024HNA Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024お知らせ • May 17HNA Technology Co.,Ltd., Annual General Meeting, Jun 05, 2024HNA Technology Co.,Ltd., Annual General Meeting, Jun 05, 2024, at 14:00 China Standard Time. Location: No. 219, Nanjing Road, Heping District, Tianjin China分析記事 • May 06HNA TechnologyLtd (SHSE:600751) Strong Profits May Be Masking Some Underlying IssuesHNA Technology Co.,Ltd.'s ( SHSE:600751 ) healthy profit numbers didn't contain any surprises for investors. We think...Reported Earnings • Apr 30Full year 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.07 in FY 2022)Full year 2023 results: EPS: CN¥0.08 (up from CN¥0.07 in FY 2022). Revenue: CN¥650.7m (up 343% from FY 2022). Net income: CN¥241.7m (up 24% from FY 2022). Profit margin: 37% (down from 133% in FY 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 30HNA Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024HNA Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥2.04, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 32x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years.Board Change • Jan 23Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jing Bai was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 30HNA Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024HNA Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024New Risk • Nov 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0 (vs CN¥0.008 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0 (down from CN¥0.008 in 3Q 2022). Revenue: CN¥149.6m (up 339% from 3Q 2022). Net income: CN¥1.35m (down 94% from 3Q 2022). Profit margin: 0.9% (down from 64% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥3.00, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 42x in the Electronic industry in China. Total loss to shareholders of 21% over the past three years.Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: CN¥0.093 (vs CN¥0.029 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.093 (up from CN¥0.029 in 2Q 2022). Revenue: CN¥91.4m (up 232% from 2Q 2022). Net income: CN¥266.9m (up 215% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Jun 28HNA Technology Co.,Ltd. to Report Q2, 2023 Results on Aug 19, 2023HNA Technology Co.,Ltd. announced that they will report Q2, 2023 results on Aug 19, 2023Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.007 (vs CN¥0.028 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.007 (down from CN¥0.028 in 1Q 2022). Revenue: CN¥71.2m (up 107% from 1Q 2022). Net income: CN¥19.8m (down 76% from 1Q 2022). Profit margin: 28% (down from 236% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥2.91, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 38x in the Electronic industry in China. Negligible returns to shareholders over past three years.Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.028 (vs CN¥0.14 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.028 (down from CN¥0.14 in 1Q 2021). Revenue: CN¥34.4m (down 100% from 1Q 2021). Net income: CN¥81.4m (down 80% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jing Bai was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Aug 31Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.10 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥82.8b (up 11% from 2Q 2020). Net income: CN¥579.6m (up 91% from 2Q 2020). Profit margin: 0.7% (up from 0.4% in 2Q 2020).Reported Earnings • May 04First quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.052 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥85.1b (up 10% from 1Q 2020). Net income: CN¥403.6m (up 170% from 1Q 2020). Profit margin: 0.5% (up from 0.2% in 1Q 2020).Reported Earnings • Apr 09Full year 2020 earnings released: CN¥3.38 loss per share (vs CN¥0.18 profit in FY 2019)The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: CN¥336.7b (up 2.9% from FY 2019). Net loss: CN¥9.79b (down CN¥10.3b from profit in FY 2019).Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥2.30, the stock is trading at a trailing P/E ratio of 9.5x, up from the previous P/E ratio of 7.9x. This compares to an average P/E of 40x in the Electronic industry in China. Total return to shareholders over the past year is a loss of 22%.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to CN¥2.06, the stock is trading at a trailing P/E ratio of 8.5x, down from the previous P/E ratio of 10.7x. This compares to an average P/E of 40x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 68%.Is New 90 Day High Low • Feb 01New 90-day low: CN¥2.29The company is down 32% from its price of CN¥3.36 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period.Is New 90 Day High Low • Jan 06New 90-day low: CN¥2.49The company is down 34% from its price of CN¥3.80 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period.Valuation Update With 7 Day Price Move • Dec 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥2.90, the stock is trading at a trailing P/E ratio of 11.9x, down from the previous P/E ratio of 14.1x. This compares to an average P/E of 43x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 55%.お知らせ • Dec 11Platinum Equity, LLC entered into a definitive agreement to acquire Ingram Micro Inc. from HNA Technology Co.,Ltd. (SHSE:600751) in a transaction valued at $7.2 billion.Platinum Equity, LLC entered into a definitive agreement to acquire Ingram Micro Inc. from HNA Technology Co.,Ltd. (SHSE:600751) in a transaction valued at $7.2 billion on December 9, 2020. The debt financing commitments have been obtained from J.P. Morgan, Bank of America and Morgan Stanley Senior Funding, Inc. Ingram Micro generated more than $47 billion in revenues for fiscal year 2019. Platinum Equity, LLC will use Ingram Micro Inc. as platform for growth through additional M&A. Upon closing, Alain Monié will continue to lead Ingram Micro as Chief Executive Officer, and Ingram Micro will continue to be headquartered in Irvine, California. The transaction is subject to approval by shareholders of HNA Technology and customary regulatory approvals and is expected to be completed by the first half of 2021. Morgan Stanley & Co. LLC and Goldman Sachs & Co. acted as financial advisors, and Morgan Lewis acted as legal advisor to Platinum Equity. Willkie Farr & Gallagher LLP acted as financing legal counsel for Platinum Equity. Davis Polk acted as legal advisor and J.P. Morgan acted as financial advisor to HNA Technology.Is New 90 Day High Low • Dec 09New 90-day low: CN¥3.13The company is down 26% from its price of CN¥4.21 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period.お知らせ • Oct 29HNA Technology Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020HNA Technology Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020お知らせ • Jul 18HNA Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 31, 2020HNA Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 31, 2020財務状況分析短期負債: 600751の 短期資産 ( CN¥4.1B ) が 短期負債 ( CN¥2.1B ) を超えています。長期負債: 600751の短期資産 ( CN¥4.1B ) が 長期負債 ( CN¥381.2M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 600751総負債よりも多くの現金を保有しています。負債の削減: 600751の負債対資本比率は、過去 5 年間で576.7%から18.1%に減少しました。債務返済能力: 600751の 営業キャッシュフロー はマイナスであるため、負債は十分にカバーされていません。インタレストカバレッジ: 600751の負債に対する 利息支払い が EBIT によって 十分にカバーされている かどうかを判断するにはデータが不十分です。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/27 21:13終値2026/06/26 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋HNA Technology Co.,Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
分析記事 • Feb 08Does HNA TechnologyLtd (SHSE:600751) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Nov 04Is HNA TechnologyLtd (SHSE:600751) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Jun 17HNA Technology Co.,Ltd. (SHSE:600751) announces an Equity Buyback for CNY 180 million worth of its shares.HNA Technology Co.,Ltd. (SHSE:600751) announces a share repurchase program. Under the program, the company will repurchase up to CNY 180 million worth of its A shares. The shares will be repurchased at a price not more than CNY 5.29 per share. The repurchased shares will be used for ESOP or equity incentives. Shares not used within 3 years after the completion of the repurchase will be cancelled. The repurchases will be funded through Own Funds or Special Repurchase Loans. The authorization will be valid for a period of 12 months from the Company's Directorate's Approval Date.
お知らせ • Jun 16HNA Technology Co.,Ltd. (SHSE:600751) announces an Equity Buyback for $1.2 million worth of its shares.HNA Technology Co.,Ltd. (SHSE:600751) announces a share repurchase program. Under the program, the company will repurchase up to $1.20 million worth of its B shares. The shares will be repurchased at a price not more than $0.29 per share. The purpose of program is to maintain the Company’s value and shareholder rights. The repurchased shares will be cancelled. The repurchases will be funded through Own Funds or Special Repurchase Loans. The authorization will be valid for a period of 3 months from the Company's Directorate's Approval Date.
New Risk • May 08New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.1% net profit margin).
Reported Earnings • Apr 24Full year 2025 earnings released: EPS: CN¥0.036 (vs CN¥0.04 in FY 2024)Full year 2025 results: EPS: CN¥0.036 (down from CN¥0.04 in FY 2024). Revenue: CN¥1.54b (up 38% from FY 2024). Net income: CN¥102.9m (down 17% from FY 2024). Profit margin: 6.7% (down from 11% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • Apr 23HNA Technology Co.,Ltd., Annual General Meeting, May 29, 2026HNA Technology Co.,Ltd., Annual General Meeting, May 29, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Tianjin China
お知らせ • Mar 30HNA Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026HNA Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26HNA Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026HNA Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.009 (vs CN¥0.006 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.009 (up from CN¥0.006 in 3Q 2024). Revenue: CN¥370.3m (up 17% from 3Q 2024). Net income: CN¥25.3m (up 43% from 3Q 2024). Profit margin: 6.8% (up from 5.6% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 135 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30HNA Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025HNA Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.013 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.013 in 2Q 2024). Revenue: CN¥413.5m (up 85% from 2Q 2024). Net income: CN¥28.5m (down 26% from 2Q 2024). Profit margin: 6.9% (down from 17% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance.
New Risk • Jul 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin).
お知らせ • Jun 30HNA Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 20, 2025HNA Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 20, 2025
お知らせ • Jun 06HNA Technology Co.,Ltd., Annual General Meeting, Jun 27, 2025HNA Technology Co.,Ltd., Annual General Meeting, Jun 27, 2025, at 14:00 China Standard Time. Location: No. 207, Machang Road, Hexi District, Tianjin China
お知らせ • Mar 28HNA Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025HNA Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
分析記事 • Feb 08Does HNA TechnologyLtd (SHSE:600751) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Board Change • Jan 26Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wen Jin Gao was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 27HNA Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025HNA Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
分析記事 • Nov 12HNA TechnologyLtd's (SHSE:600751) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsDespite HNA Technology Co.,Ltd.'s ( SHSE:600751 ) recent earnings report having lackluster headline numbers, the market...
New Risk • Nov 12New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (5.6% net profit margin).
分析記事 • Nov 04Is HNA TechnologyLtd (SHSE:600751) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Sep 30HNA Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024HNA Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
分析記事 • Sep 30HNA Technology Co.,Ltd. (SHSE:600751) Investors Are Less Pessimistic Than ExpectedWhen you see that almost half of the companies in the Electronic industry in China have price-to-sales ratios (or...
Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.013 (vs CN¥0.093 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.013 (down from CN¥0.093 in 2Q 2023). Revenue: CN¥224.0m (up 145% from 2Q 2023). Net income: CN¥38.4m (down 86% from 2Q 2023). Profit margin: 17% (down from 292% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Jun 28HNA Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024HNA Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
お知らせ • May 17HNA Technology Co.,Ltd., Annual General Meeting, Jun 05, 2024HNA Technology Co.,Ltd., Annual General Meeting, Jun 05, 2024, at 14:00 China Standard Time. Location: No. 219, Nanjing Road, Heping District, Tianjin China
分析記事 • May 06HNA TechnologyLtd (SHSE:600751) Strong Profits May Be Masking Some Underlying IssuesHNA Technology Co.,Ltd.'s ( SHSE:600751 ) healthy profit numbers didn't contain any surprises for investors. We think...
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.07 in FY 2022)Full year 2023 results: EPS: CN¥0.08 (up from CN¥0.07 in FY 2022). Revenue: CN¥650.7m (up 343% from FY 2022). Net income: CN¥241.7m (up 24% from FY 2022). Profit margin: 37% (down from 133% in FY 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 30HNA Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024HNA Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥2.04, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 32x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years.
Board Change • Jan 23Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jing Bai was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 30HNA Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024HNA Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
New Risk • Nov 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0 (vs CN¥0.008 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0 (down from CN¥0.008 in 3Q 2022). Revenue: CN¥149.6m (up 339% from 3Q 2022). Net income: CN¥1.35m (down 94% from 3Q 2022). Profit margin: 0.9% (down from 64% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥3.00, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 42x in the Electronic industry in China. Total loss to shareholders of 21% over the past three years.
Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: CN¥0.093 (vs CN¥0.029 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.093 (up from CN¥0.029 in 2Q 2022). Revenue: CN¥91.4m (up 232% from 2Q 2022). Net income: CN¥266.9m (up 215% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Jun 28HNA Technology Co.,Ltd. to Report Q2, 2023 Results on Aug 19, 2023HNA Technology Co.,Ltd. announced that they will report Q2, 2023 results on Aug 19, 2023
Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.007 (vs CN¥0.028 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.007 (down from CN¥0.028 in 1Q 2022). Revenue: CN¥71.2m (up 107% from 1Q 2022). Net income: CN¥19.8m (down 76% from 1Q 2022). Profit margin: 28% (down from 236% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥2.91, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 38x in the Electronic industry in China. Negligible returns to shareholders over past three years.
Reported Earnings • May 02First quarter 2022 earnings released: EPS: CN¥0.028 (vs CN¥0.14 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.028 (down from CN¥0.14 in 1Q 2021). Revenue: CN¥34.4m (down 100% from 1Q 2021). Net income: CN¥81.4m (down 80% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jing Bai was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Aug 31Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.10 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥82.8b (up 11% from 2Q 2020). Net income: CN¥579.6m (up 91% from 2Q 2020). Profit margin: 0.7% (up from 0.4% in 2Q 2020).
Reported Earnings • May 04First quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.052 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥85.1b (up 10% from 1Q 2020). Net income: CN¥403.6m (up 170% from 1Q 2020). Profit margin: 0.5% (up from 0.2% in 1Q 2020).
Reported Earnings • Apr 09Full year 2020 earnings released: CN¥3.38 loss per share (vs CN¥0.18 profit in FY 2019)The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: CN¥336.7b (up 2.9% from FY 2019). Net loss: CN¥9.79b (down CN¥10.3b from profit in FY 2019).
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥2.30, the stock is trading at a trailing P/E ratio of 9.5x, up from the previous P/E ratio of 7.9x. This compares to an average P/E of 40x in the Electronic industry in China. Total return to shareholders over the past year is a loss of 22%.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to CN¥2.06, the stock is trading at a trailing P/E ratio of 8.5x, down from the previous P/E ratio of 10.7x. This compares to an average P/E of 40x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 68%.
Is New 90 Day High Low • Feb 01New 90-day low: CN¥2.29The company is down 32% from its price of CN¥3.36 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Jan 06New 90-day low: CN¥2.49The company is down 34% from its price of CN¥3.80 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period.
Valuation Update With 7 Day Price Move • Dec 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥2.90, the stock is trading at a trailing P/E ratio of 11.9x, down from the previous P/E ratio of 14.1x. This compares to an average P/E of 43x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 55%.
お知らせ • Dec 11Platinum Equity, LLC entered into a definitive agreement to acquire Ingram Micro Inc. from HNA Technology Co.,Ltd. (SHSE:600751) in a transaction valued at $7.2 billion.Platinum Equity, LLC entered into a definitive agreement to acquire Ingram Micro Inc. from HNA Technology Co.,Ltd. (SHSE:600751) in a transaction valued at $7.2 billion on December 9, 2020. The debt financing commitments have been obtained from J.P. Morgan, Bank of America and Morgan Stanley Senior Funding, Inc. Ingram Micro generated more than $47 billion in revenues for fiscal year 2019. Platinum Equity, LLC will use Ingram Micro Inc. as platform for growth through additional M&A. Upon closing, Alain Monié will continue to lead Ingram Micro as Chief Executive Officer, and Ingram Micro will continue to be headquartered in Irvine, California. The transaction is subject to approval by shareholders of HNA Technology and customary regulatory approvals and is expected to be completed by the first half of 2021. Morgan Stanley & Co. LLC and Goldman Sachs & Co. acted as financial advisors, and Morgan Lewis acted as legal advisor to Platinum Equity. Willkie Farr & Gallagher LLP acted as financing legal counsel for Platinum Equity. Davis Polk acted as legal advisor and J.P. Morgan acted as financial advisor to HNA Technology.
Is New 90 Day High Low • Dec 09New 90-day low: CN¥3.13The company is down 26% from its price of CN¥4.21 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period.
お知らせ • Oct 29HNA Technology Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020HNA Technology Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020
お知らせ • Jul 18HNA Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 31, 2020HNA Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 31, 2020