View ValuationHGTECH 将来の成長Future 基準チェック /46HGTECH利益と収益がそれぞれ年間23.7%と24.6%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に17.7% 23.6%なると予測されています。主要情報23.7%収益成長率23.56%EPS成長率Electronic 収益成長32.3%収益成長率24.6%将来の株主資本利益率17.74%アナリストカバレッジLow最終更新日28 Apr 2026今後の成長に関する最新情報Price Target Changed • Mar 10Price target increased by 23% to CN¥87.80Up from CN¥71.49, the current price target is an average from 2 analysts. New target price is 29% below last closing price of CN¥124. Stock is up 174% over the past year. The company is forecast to post earnings per share of CN¥1.84 for next year compared to CN¥1.21 last year.Price Target Changed • Oct 25Price target increased by 15% to CN¥71.49Up from CN¥62.13, the current price target is an average from 4 analysts. New target price is 12% below last closing price of CN¥81.02. Stock is up 120% over the past year. The company is forecast to post earnings per share of CN¥1.77 for next year compared to CN¥1.21 last year.Price Target Changed • Sep 01Price target increased by 8.3% to CN¥62.13Up from CN¥57.38, the current price target is an average from 4 analysts. New target price is 17% below last closing price of CN¥75.26. Stock is up 159% over the past year. The company is forecast to post earnings per share of CN¥1.88 for next year compared to CN¥1.21 last year.Price Target Changed • Aug 17Price target increased by 11% to CN¥57.38Up from CN¥51.89, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CN¥51.52. Stock is up 75% over the past year. The company is forecast to post earnings per share of CN¥1.86 for next year compared to CN¥1.21 last year.Price Target Changed • Nov 30Price target increased by 9.3% to CN¥51.45Up from CN¥47.09, the current price target is an average from 3 analysts. New target price is 44% above last closing price of CN¥35.71. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥1.29 for next year compared to CN¥1.00 last year.Price Target Changed • Oct 29Price target increased by 9.5% to CN¥45.87Up from CN¥41.90, the current price target is an average from 4 analysts. New target price is 21% above last closing price of CN¥38.06. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥1.31 for next year compared to CN¥1.00 last year.すべての更新を表示Recent updatesReported Earnings • Apr 26First quarter 2026 earnings released: EPS: CN¥0.64 (vs CN¥0.41 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.64 (up from CN¥0.41 in 1Q 2025). Revenue: CN¥4.27b (up 27% from 1Q 2025). Net income: CN¥638.5m (up 56% from 1Q 2025). Profit margin: 15% (up from 12% in 1Q 2025). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% 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 (22% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change).お知らせ • Mar 31HGTECH Company Limited to Report Q1, 2026 Results on Apr 27, 2026HGTECH Company Limited announced that they will report Q1, 2026 results on Apr 27, 2026New Risk • Mar 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results.Reported Earnings • Mar 26Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥1.47 (up from CN¥1.21 in FY 2024). Revenue: CN¥14.4b (up 23% from FY 2024). Net income: CN¥1.47b (up 21% from FY 2024). Profit margin: 10% (in line with FY 2024). Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 25HGTECH Company Limited, Annual General Meeting, Apr 16, 2026HGTECH Company Limited, Annual General Meeting, Apr 16, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei ChinaNew Risk • Mar 11New 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 7.9% 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.Price Target Changed • Mar 10Price target increased by 23% to CN¥87.80Up from CN¥71.49, the current price target is an average from 2 analysts. New target price is 29% below last closing price of CN¥124. Stock is up 174% over the past year. The company is forecast to post earnings per share of CN¥1.84 for next year compared to CN¥1.21 last year.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥88.55, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 34x in the Electronic industry in China. Total returns to shareholders of 321% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥49.91 per share.お知らせ • Dec 31HGTECH Company Limited to Report Fiscal Year 2025 Results on Mar 26, 2026HGTECH Company Limited announced that they will report fiscal year 2025 results on Mar 26, 2026Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥83.20, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 381% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥48.52 per share.Price Target Changed • Oct 25Price target increased by 15% to CN¥71.49Up from CN¥62.13, the current price target is an average from 4 analysts. New target price is 12% below last closing price of CN¥81.02. Stock is up 120% over the past year. The company is forecast to post earnings per share of CN¥1.77 for next year compared to CN¥1.21 last year.Reported Earnings • Oct 24Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CN¥0.41 (up from CN¥0.31 in 3Q 2024). Revenue: CN¥3.41b (down 10% from 3Q 2024). Net income: CN¥410.2m (up 31% from 3Q 2024). Profit margin: 12% (up from 8.2% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥78.56, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 33x in the Electronic industry in China. Total returns to shareholders of 290% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥48.76 per share.お知らせ • Sep 30Huagong Tech Company Limited to Report Q3, 2025 Results on Oct 24, 2025Huagong Tech Company Limited announced that they will report Q3, 2025 results on Oct 24, 2025Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥81.26, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 325% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥49.38 per share.New Risk • Sep 11New 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.Price Target Changed • Sep 01Price target increased by 8.3% to CN¥62.13Up from CN¥57.38, the current price target is an average from 4 analysts. New target price is 17% below last closing price of CN¥75.26. Stock is up 159% over the past year. The company is forecast to post earnings per share of CN¥1.88 for next year compared to CN¥1.21 last year.Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥64.40, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 212% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥49.82 per share.Buy Or Sell Opportunity • Aug 25Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 44% to CN¥59.97. The fair value is estimated to be CN¥49.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 71% in the next 2 years.Price Target Changed • Aug 17Price target increased by 11% to CN¥57.38Up from CN¥51.89, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CN¥51.52. Stock is up 75% over the past year. The company is forecast to post earnings per share of CN¥1.86 for next year compared to CN¥1.21 last year.Reported Earnings • Aug 15Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: CN¥0.50 (up from CN¥0.33 in 2Q 2024). Revenue: CN¥4.27b (up 41% from 2Q 2024). Net income: CN¥501.2m (up 50% from 2Q 2024). Profit margin: 12% (in line with 2Q 2024). Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 02Huagong Tech Company Limited to Report First Half, 2025 Results on Aug 15, 2025Huagong Tech Company Limited announced that they will report first half, 2025 results on Aug 15, 2025Declared Dividend • Jun 18Dividend increased to CN¥0.20Dividend of CN¥0.20 is 35% higher than last year. Ex-date: 20th June 2025 Payment date: 20th June 2025 Dividend yield will be 0.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 23% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 91% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 13Huagong Tech Company Limited Approves Cash Dividend for the Year 2024Huagong Tech Company Limited at its Annual General Meeting held on 09 May 2025, approved cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2024.お知らせ • Apr 17Huagong Tech Company Limited (SZSE:000988) announces an Equity Buyback for CNY 400 million worth of its shares.Huagong Tech Company Limited (SZSE:000988) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 62.80 per share. The program will be financed via special loans for self-owned funds . The purpose of the program is to use repurchased shares for employee stock ownership plans or equity incentives. The program will be valid for 12 months.お知らせ • Apr 15Huagong Tech Company Limited Proposes Final Cash Dividend for the Year 2024Huagong Tech Company Limited proposed final cash dividend of CNY 2.00000000 per 10 shares (tax included) for the year 2024.お知らせ • Apr 14Huagong Tech Company Limited, Annual General Meeting, May 09, 2025Huagong Tech Company Limited, Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei ChinaNew Risk • Apr 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 12Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥1.21 (up from CN¥1.00 in FY 2023). Revenue: CN¥11.7b (up 15% from FY 2023). Net income: CN¥1.22b (up 21% from FY 2023). Profit margin: 10% (in line with FY 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 5.1%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥33.83, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 89% over the past three years.お知らせ • Mar 31Huagong Tech Company Limited to Report Q1, 2025 Results on Apr 25, 2025Huagong Tech Company Limited announced that they will report Q1, 2025 results on Apr 25, 2025Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥49.20, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 101% over the past three years.お知らせ • Dec 31Huagong Tech Company Limited to Report Fiscal Year 2024 Results on Apr 12, 2025Huagong Tech Company Limited announced that they will report fiscal year 2024 results on Apr 12, 2025Price Target Changed • Nov 30Price target increased by 9.3% to CN¥51.45Up from CN¥47.09, the current price target is an average from 3 analysts. New target price is 44% above last closing price of CN¥35.71. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥1.29 for next year compared to CN¥1.00 last year.Valuation Update With 7 Day Price Move • Nov 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥36.42, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 26% over the past three years.Price Target Changed • Oct 29Price target increased by 9.5% to CN¥45.87Up from CN¥41.90, the current price target is an average from 4 analysts. New target price is 21% above last closing price of CN¥38.06. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥1.31 for next year compared to CN¥1.00 last year.New Risk • Oct 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Oct 25Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: CN¥0.31 (up from CN¥0.23 in 3Q 2023). Revenue: CN¥3.80b (up 74% from 3Q 2023). Net income: CN¥312.7m (up 36% from 3Q 2023). Profit margin: 8.2% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.お知らせ • Sep 30Huagong Tech Company Limited to Report Q3, 2024 Results on Oct 25, 2024Huagong Tech Company Limited announced that they will report Q3, 2024 results on Oct 25, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥34.92, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years.New Risk • Aug 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 16Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: CN¥0.33 (up from CN¥0.27 in 2Q 2023). Revenue: CN¥3.03b (up 28% from 2Q 2023). Net income: CN¥335.0m (up 22% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Jul 01Now 25% overvaluedOver the last 90 days, the stock has fallen 14% to CN¥30.19. The fair value is estimated to be CN¥24.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 69% in 2 years. Earnings are forecast to grow by 79% in the next 2 years.お知らせ • Jun 29Huagong Tech Company Limited to Report First Half, 2024 Results on Aug 16, 2024Huagong Tech Company Limited announced that they will report first half, 2024 results on Aug 16, 2024Buy Or Sell Opportunity • Jun 26Now 24% overvaluedOver the last 90 days, the stock has fallen 5.2% to CN¥30.02. The fair value is estimated to be CN¥24.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 69% in 2 years. Earnings are forecast to grow by 79% in the next 2 years.お知らせ • Jun 06Huagong Tech Company Limited Implements 2023 Final Profit Distribution for A Shares, Payable on 12 June 2024Huagong Tech Company Limited implemented 2023 final profit distribution plan for A shares. Cash dividend/10 shares (tax included) of CNY 1.50000000. Record date is 11 June 2024, Ex-date is 12 June 2024 and Payment date is 12 June 2024.New Risk • Apr 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 26First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: CN¥0.29 (down from CN¥0.31 in 1Q 2023). Revenue: CN¥2.17b (down 19% from 1Q 2023). Net income: CN¥289.9m (down 5.9% from 1Q 2023). Profit margin: 13% (up from 12% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) exceeded analyst estimates by 7.4%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.Major Estimate Revision • Apr 03Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥14.8b to CN¥13.1b. EPS estimate fell from CN¥1.42 to CN¥1.30 per share. Net income forecast to grow 30% next year vs 54% growth forecast for Electronic industry in China. Consensus price target up from CN¥38.81 to CN¥39.62. Share price rose 9.0% to CN¥33.96 over the past week.お知らせ • Mar 30Huagong Tech Company Limited to Report Q1, 2024 Results on Apr 26, 2024Huagong Tech Company Limited announced that they will report Q1, 2024 results on Apr 26, 2024お知らせ • Mar 28Huagong Tech Company Limited, Annual General Meeting, Apr 18, 2024Huagong Tech Company Limited, Annual General Meeting, Apr 18, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei ChinaReported Earnings • Mar 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥1.00 (up from CN¥0.90 in FY 2022). Revenue: CN¥10.2b (down 15% from FY 2022). Net income: CN¥1.01b (up 11% from FY 2022). Profit margin: 9.9% (up from 7.5% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 4.1%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥27.82, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Electronic industry in China. Total returns to shareholders of 29% over the past three years.お知らせ • Dec 29Huagong Tech Company Limited to Report Fiscal Year 2023 Results on Mar 28, 2024Huagong Tech Company Limited announced that they will report fiscal year 2023 results on Mar 28, 2024Major Estimate Revision • Nov 08Consensus revenue estimates fall by 24%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥13.1b to CN¥10.0b. EPS estimate fell from CN¥1.12 to CN¥0.98 per share. Net income forecast to grow 34% next year vs 73% growth forecast for Electronic industry in China. Consensus price target of CN¥37.76 unchanged from last update. Share price rose 7.4% to CN¥30.10 over the past week.New Risk • Oct 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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.Reported Earnings • Oct 27Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: CN¥0.23 (up from CN¥0.16 in 3Q 2022). Revenue: CN¥2.18b (down 17% from 3Q 2022). Net income: CN¥230.0m (up 45% from 3Q 2022). Profit margin: 11% (up from 6.0% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 8.0%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥26.45, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥40.69 per share.Buying Opportunity • Oct 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be CN¥40.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 73% in 2 years. Earnings is forecast to grow by 80% in the next 2 years.Buying Opportunity • Sep 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be CN¥40.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 77% in 2 years. Earnings is forecast to grow by 80% in the next 2 years.Reported Earnings • Aug 21Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: CN¥0.27 (down from CN¥0.34 in 2Q 2022). Revenue: CN¥2.36b (down 30% from 2Q 2022). Net income: CN¥273.7m (down 19% from 2Q 2022). Profit margin: 12% (up from 10.0% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 49%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Aug 09Now 28% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be CN¥48.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 68% in 2 years. Earnings is forecast to grow by 64% in the next 2 years.Valuation Update With 7 Day Price Move • Jul 24Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥38.40, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.24 per share.お知らせ • Jul 01Huagong Tech Company Limited to Report First Half, 2023 Results on Aug 21, 2023Huagong Tech Company Limited announced that they will report first half, 2023 results on Aug 21, 2023Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥43.52, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 84% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.68 per share.Valuation Update With 7 Day Price Move • May 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥33.66, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.17 per share.お知らせ • May 10Huagong Tech Company Limited Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 16 May 2023Huagong Tech Company Limited announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.00000000 for the year 2022, payable on 16 May 2023. Record date is 15 May 2023. Ex-date is 16 May 2023.Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥36.26, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥34.19 per share.Reported Earnings • Apr 17First quarter 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.22 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.31 (up from CN¥0.22 in 1Q 2022). Revenue: CN¥2.66b (down 6.8% from 1Q 2022). Net income: CN¥308.1m (up 36% from 1Q 2022). Profit margin: 12% (up from 7.9% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥27.95, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥33.53 per share.Major Estimate Revision • Mar 07Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥17.3b to CN¥15.3b. EPS estimate fell from CN¥1.22 to CN¥1.20 per share. Net income forecast to grow 33% next year vs 47% growth forecast for Electronic industry in China. Consensus price target up from CN¥25.91 to CN¥28.19. Share price rose 3.1% to CN¥20.54 over the past week.Price Target Changed • Mar 04Price target increased by 8.8% to CN¥28.19Up from CN¥25.91, the current price target is an average from 3 analysts. New target price is 35% above last closing price of CN¥20.90. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥1.20 for next year compared to CN¥0.90 last year.Reported Earnings • Mar 01Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.90 (up from CN¥0.76 in FY 2021). Revenue: CN¥12.0b (up 18% from FY 2021). Net income: CN¥906.1m (up 19% from FY 2021). Profit margin: 7.5% (in line with FY 2021). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Major Estimate Revision • Dec 13Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥13.5b to CN¥12.7b. EPS estimate also fell from CN¥0.94 per share to CN¥0.84 per share. Net income forecast to grow 63% next year vs 48% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥25.91. Share price was steady at CN¥17.73 over the past week.Board Change • Nov 16High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 1 experienced director. 2 highly experienced directors. Non-Independent Director Songqing Zhu is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.45 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.45 in 3Q 2021). Revenue: CN¥2.63b (down 3.5% from 3Q 2021). Net income: CN¥158.9m (down 65% from 3Q 2021). Profit margin: 6.0% (down from 17% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.24 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.24 in 2Q 2021). Revenue: CN¥3.36b (up 18% from 2Q 2021). Net income: CN¥337.3m (up 43% from 2Q 2021). Profit margin: 10.0% (up from 8.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 36%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥25.20, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥47.13 per share.お知らせ • Jun 10Huagong Tech Company Limited Announces Final Dividend on A Shares for the Year 2021, Payable on June 16, 2022Huagong Tech Company Limited announced final cash dividend/10 shares (tax included) of CNY 0.80000000 on A shares for the year 2021. Record date is June 15, 2022. Ex-date is June 16, 2022. Payment date is June 16, 2022.Reported Earnings • Apr 28First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.22 (up from CN¥0.11 in 1Q 2021). Revenue: CN¥2.86b (up 60% from 1Q 2021). Net income: CN¥226.0m (up 99% from 1Q 2021). Profit margin: 7.9% (up from 6.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 9.9%. Over the next year, revenue is forecast to grow 26%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Lijun Hu is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Apr 23Huagong Tech Company Limited Approves Cash DividendHuagong Tech Company Limited held its Annual General Meeting of 2021 on 21 April 2022, during which it approved: Cash dividend/10 shares (tax included): CNY 0.80000000.業績と収益の成長予測SZSE:000988 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202830,4133,330N/A3,342212/31/202726,9082,8561,3102,074412/31/202621,1542,2837271,26423/31/202615,2651,699-675436N/A12/31/202514,3551,4712071,221N/A9/30/202513,7451,604-60798N/A6/30/202514,0641,503-346501N/A3/31/202512,8611,340-183528N/A12/31/202411,7091,22122732N/A9/30/202412,0181,131-91488N/A6/30/202410,5601,055318882N/A3/31/20249,8489906631,122N/A12/31/202310,3101,0071,0901,488N/A9/30/202310,4549981,0681,406N/A6/30/202310,8179248021,160N/A3/31/202311,818988630943N/A1/1/202312,011906284579N/A9/30/202211,649682-141169N/A6/30/202211,746975-23359N/A3/31/202211,236873-184159N/A1/1/202210,167761-27286N/A9/30/20218,996865-66320N/A6/30/20218,032558145448N/A3/31/20217,167676-33246N/A12/31/20206,138550139375N/A9/30/20206,092527-80211N/A6/30/20205,650513-85241N/A3/31/20205,06839192431N/A12/31/20195,460503N/A413N/A9/30/20195,083490N/A295N/A6/30/20195,046434N/A250N/A3/31/20195,120323N/A332N/A12/31/20185,233284N/A47N/A9/30/20185,215326N/A67N/A6/30/20185,191329N/A72N/A3/31/20184,818330N/A70N/A12/31/20174,481324N/A99N/A9/30/20174,156317N/A112N/A6/30/20173,701289N/A-26N/A3/31/20173,471240N/A-5N/A12/31/20163,314230N/A295N/A9/30/20163,156209N/A254N/A6/30/20163,003179N/A318N/A3/31/20162,806167N/A314N/A12/31/20152,620151N/A203N/A9/30/20152,500130N/A153N/A6/30/20152,489202N/A131N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 000988の予測収益成長率 (年間23.7% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 000988の収益 ( 23.7% ) CN市場 ( 26.8% ) よりも低い成長が予測されています。高成長収益: 000988の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 000988の収益 ( 24.6% ) CN市場 ( 15.6% ) よりも速いペースで成長すると予測されています。高い収益成長: 000988の収益 ( 24.6% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 000988の 自己資本利益率 は、3年後には低くなると予測されています ( 17.7 %)。成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance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2026/05/08 04:51終値2026/05/08 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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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HGTECH Company Limited 4 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。10 アナリスト機関You You LiuChina Stock Investment Research Co. Ltd. (GZ500..com)Heran LiCitic Securities Co., Ltd.Kai LiuEverbright Securities Co. Ltd.7 その他のアナリストを表示
Price Target Changed • Mar 10Price target increased by 23% to CN¥87.80Up from CN¥71.49, the current price target is an average from 2 analysts. New target price is 29% below last closing price of CN¥124. Stock is up 174% over the past year. The company is forecast to post earnings per share of CN¥1.84 for next year compared to CN¥1.21 last year.
Price Target Changed • Oct 25Price target increased by 15% to CN¥71.49Up from CN¥62.13, the current price target is an average from 4 analysts. New target price is 12% below last closing price of CN¥81.02. Stock is up 120% over the past year. The company is forecast to post earnings per share of CN¥1.77 for next year compared to CN¥1.21 last year.
Price Target Changed • Sep 01Price target increased by 8.3% to CN¥62.13Up from CN¥57.38, the current price target is an average from 4 analysts. New target price is 17% below last closing price of CN¥75.26. Stock is up 159% over the past year. The company is forecast to post earnings per share of CN¥1.88 for next year compared to CN¥1.21 last year.
Price Target Changed • Aug 17Price target increased by 11% to CN¥57.38Up from CN¥51.89, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CN¥51.52. Stock is up 75% over the past year. The company is forecast to post earnings per share of CN¥1.86 for next year compared to CN¥1.21 last year.
Price Target Changed • Nov 30Price target increased by 9.3% to CN¥51.45Up from CN¥47.09, the current price target is an average from 3 analysts. New target price is 44% above last closing price of CN¥35.71. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥1.29 for next year compared to CN¥1.00 last year.
Price Target Changed • Oct 29Price target increased by 9.5% to CN¥45.87Up from CN¥41.90, the current price target is an average from 4 analysts. New target price is 21% above last closing price of CN¥38.06. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥1.31 for next year compared to CN¥1.00 last year.
Reported Earnings • Apr 26First quarter 2026 earnings released: EPS: CN¥0.64 (vs CN¥0.41 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.64 (up from CN¥0.41 in 1Q 2025). Revenue: CN¥4.27b (up 27% from 1Q 2025). Net income: CN¥638.5m (up 56% from 1Q 2025). Profit margin: 15% (up from 12% in 1Q 2025). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% 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 (22% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change).
お知らせ • Mar 31HGTECH Company Limited to Report Q1, 2026 Results on Apr 27, 2026HGTECH Company Limited announced that they will report Q1, 2026 results on Apr 27, 2026
New Risk • Mar 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Mar 26Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥1.47 (up from CN¥1.21 in FY 2024). Revenue: CN¥14.4b (up 23% from FY 2024). Net income: CN¥1.47b (up 21% from FY 2024). Profit margin: 10% (in line with FY 2024). Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 25HGTECH Company Limited, Annual General Meeting, Apr 16, 2026HGTECH Company Limited, Annual General Meeting, Apr 16, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei China
New Risk • Mar 11New 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 7.9% 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.
Price Target Changed • Mar 10Price target increased by 23% to CN¥87.80Up from CN¥71.49, the current price target is an average from 2 analysts. New target price is 29% below last closing price of CN¥124. Stock is up 174% over the past year. The company is forecast to post earnings per share of CN¥1.84 for next year compared to CN¥1.21 last year.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥88.55, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 34x in the Electronic industry in China. Total returns to shareholders of 321% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥49.91 per share.
お知らせ • Dec 31HGTECH Company Limited to Report Fiscal Year 2025 Results on Mar 26, 2026HGTECH Company Limited announced that they will report fiscal year 2025 results on Mar 26, 2026
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥83.20, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 381% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥48.52 per share.
Price Target Changed • Oct 25Price target increased by 15% to CN¥71.49Up from CN¥62.13, the current price target is an average from 4 analysts. New target price is 12% below last closing price of CN¥81.02. Stock is up 120% over the past year. The company is forecast to post earnings per share of CN¥1.77 for next year compared to CN¥1.21 last year.
Reported Earnings • Oct 24Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CN¥0.41 (up from CN¥0.31 in 3Q 2024). Revenue: CN¥3.41b (down 10% from 3Q 2024). Net income: CN¥410.2m (up 31% from 3Q 2024). Profit margin: 12% (up from 8.2% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥78.56, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 33x in the Electronic industry in China. Total returns to shareholders of 290% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥48.76 per share.
お知らせ • Sep 30Huagong Tech Company Limited to Report Q3, 2025 Results on Oct 24, 2025Huagong Tech Company Limited announced that they will report Q3, 2025 results on Oct 24, 2025
Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥81.26, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 325% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥49.38 per share.
New Risk • Sep 11New 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.
Price Target Changed • Sep 01Price target increased by 8.3% to CN¥62.13Up from CN¥57.38, the current price target is an average from 4 analysts. New target price is 17% below last closing price of CN¥75.26. Stock is up 159% over the past year. The company is forecast to post earnings per share of CN¥1.88 for next year compared to CN¥1.21 last year.
Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥64.40, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 212% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥49.82 per share.
Buy Or Sell Opportunity • Aug 25Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 44% to CN¥59.97. The fair value is estimated to be CN¥49.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 71% in the next 2 years.
Price Target Changed • Aug 17Price target increased by 11% to CN¥57.38Up from CN¥51.89, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CN¥51.52. Stock is up 75% over the past year. The company is forecast to post earnings per share of CN¥1.86 for next year compared to CN¥1.21 last year.
Reported Earnings • Aug 15Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: CN¥0.50 (up from CN¥0.33 in 2Q 2024). Revenue: CN¥4.27b (up 41% from 2Q 2024). Net income: CN¥501.2m (up 50% from 2Q 2024). Profit margin: 12% (in line with 2Q 2024). Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 02Huagong Tech Company Limited to Report First Half, 2025 Results on Aug 15, 2025Huagong Tech Company Limited announced that they will report first half, 2025 results on Aug 15, 2025
Declared Dividend • Jun 18Dividend increased to CN¥0.20Dividend of CN¥0.20 is 35% higher than last year. Ex-date: 20th June 2025 Payment date: 20th June 2025 Dividend yield will be 0.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 23% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 91% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 13Huagong Tech Company Limited Approves Cash Dividend for the Year 2024Huagong Tech Company Limited at its Annual General Meeting held on 09 May 2025, approved cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2024.
お知らせ • Apr 17Huagong Tech Company Limited (SZSE:000988) announces an Equity Buyback for CNY 400 million worth of its shares.Huagong Tech Company Limited (SZSE:000988) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 62.80 per share. The program will be financed via special loans for self-owned funds . The purpose of the program is to use repurchased shares for employee stock ownership plans or equity incentives. The program will be valid for 12 months.
お知らせ • Apr 15Huagong Tech Company Limited Proposes Final Cash Dividend for the Year 2024Huagong Tech Company Limited proposed final cash dividend of CNY 2.00000000 per 10 shares (tax included) for the year 2024.
お知らせ • Apr 14Huagong Tech Company Limited, Annual General Meeting, May 09, 2025Huagong Tech Company Limited, Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei China
New Risk • Apr 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 12Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥1.21 (up from CN¥1.00 in FY 2023). Revenue: CN¥11.7b (up 15% from FY 2023). Net income: CN¥1.22b (up 21% from FY 2023). Profit margin: 10% (in line with FY 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 5.1%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥33.83, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 89% over the past three years.
お知らせ • Mar 31Huagong Tech Company Limited to Report Q1, 2025 Results on Apr 25, 2025Huagong Tech Company Limited announced that they will report Q1, 2025 results on Apr 25, 2025
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥49.20, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 101% over the past three years.
お知らせ • Dec 31Huagong Tech Company Limited to Report Fiscal Year 2024 Results on Apr 12, 2025Huagong Tech Company Limited announced that they will report fiscal year 2024 results on Apr 12, 2025
Price Target Changed • Nov 30Price target increased by 9.3% to CN¥51.45Up from CN¥47.09, the current price target is an average from 3 analysts. New target price is 44% above last closing price of CN¥35.71. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥1.29 for next year compared to CN¥1.00 last year.
Valuation Update With 7 Day Price Move • Nov 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥36.42, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 26% over the past three years.
Price Target Changed • Oct 29Price target increased by 9.5% to CN¥45.87Up from CN¥41.90, the current price target is an average from 4 analysts. New target price is 21% above last closing price of CN¥38.06. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥1.31 for next year compared to CN¥1.00 last year.
New Risk • Oct 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 33% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Oct 25Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: CN¥0.31 (up from CN¥0.23 in 3Q 2023). Revenue: CN¥3.80b (up 74% from 3Q 2023). Net income: CN¥312.7m (up 36% from 3Q 2023). Profit margin: 8.2% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Sep 30Huagong Tech Company Limited to Report Q3, 2024 Results on Oct 25, 2024Huagong Tech Company Limited announced that they will report Q3, 2024 results on Oct 25, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥34.92, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years.
New Risk • Aug 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 16Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: CN¥0.33 (up from CN¥0.27 in 2Q 2023). Revenue: CN¥3.03b (up 28% from 2Q 2023). Net income: CN¥335.0m (up 22% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Jul 01Now 25% overvaluedOver the last 90 days, the stock has fallen 14% to CN¥30.19. The fair value is estimated to be CN¥24.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 69% in 2 years. Earnings are forecast to grow by 79% in the next 2 years.
お知らせ • Jun 29Huagong Tech Company Limited to Report First Half, 2024 Results on Aug 16, 2024Huagong Tech Company Limited announced that they will report first half, 2024 results on Aug 16, 2024
Buy Or Sell Opportunity • Jun 26Now 24% overvaluedOver the last 90 days, the stock has fallen 5.2% to CN¥30.02. The fair value is estimated to be CN¥24.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 69% in 2 years. Earnings are forecast to grow by 79% in the next 2 years.
お知らせ • Jun 06Huagong Tech Company Limited Implements 2023 Final Profit Distribution for A Shares, Payable on 12 June 2024Huagong Tech Company Limited implemented 2023 final profit distribution plan for A shares. Cash dividend/10 shares (tax included) of CNY 1.50000000. Record date is 11 June 2024, Ex-date is 12 June 2024 and Payment date is 12 June 2024.
New Risk • Apr 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 26First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: CN¥0.29 (down from CN¥0.31 in 1Q 2023). Revenue: CN¥2.17b (down 19% from 1Q 2023). Net income: CN¥289.9m (down 5.9% from 1Q 2023). Profit margin: 13% (up from 12% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) exceeded analyst estimates by 7.4%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.
Major Estimate Revision • Apr 03Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥14.8b to CN¥13.1b. EPS estimate fell from CN¥1.42 to CN¥1.30 per share. Net income forecast to grow 30% next year vs 54% growth forecast for Electronic industry in China. Consensus price target up from CN¥38.81 to CN¥39.62. Share price rose 9.0% to CN¥33.96 over the past week.
お知らせ • Mar 30Huagong Tech Company Limited to Report Q1, 2024 Results on Apr 26, 2024Huagong Tech Company Limited announced that they will report Q1, 2024 results on Apr 26, 2024
お知らせ • Mar 28Huagong Tech Company Limited, Annual General Meeting, Apr 18, 2024Huagong Tech Company Limited, Annual General Meeting, Apr 18, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei China
Reported Earnings • Mar 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥1.00 (up from CN¥0.90 in FY 2022). Revenue: CN¥10.2b (down 15% from FY 2022). Net income: CN¥1.01b (up 11% from FY 2022). Profit margin: 9.9% (up from 7.5% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 4.1%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥27.82, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Electronic industry in China. Total returns to shareholders of 29% over the past three years.
お知らせ • Dec 29Huagong Tech Company Limited to Report Fiscal Year 2023 Results on Mar 28, 2024Huagong Tech Company Limited announced that they will report fiscal year 2023 results on Mar 28, 2024
Major Estimate Revision • Nov 08Consensus revenue estimates fall by 24%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥13.1b to CN¥10.0b. EPS estimate fell from CN¥1.12 to CN¥0.98 per share. Net income forecast to grow 34% next year vs 73% growth forecast for Electronic industry in China. Consensus price target of CN¥37.76 unchanged from last update. Share price rose 7.4% to CN¥30.10 over the past week.
New Risk • Oct 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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.
Reported Earnings • Oct 27Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: CN¥0.23 (up from CN¥0.16 in 3Q 2022). Revenue: CN¥2.18b (down 17% from 3Q 2022). Net income: CN¥230.0m (up 45% from 3Q 2022). Profit margin: 11% (up from 6.0% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 8.0%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥26.45, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥40.69 per share.
Buying Opportunity • Oct 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be CN¥40.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 73% in 2 years. Earnings is forecast to grow by 80% in the next 2 years.
Buying Opportunity • Sep 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be CN¥40.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 77% in 2 years. Earnings is forecast to grow by 80% in the next 2 years.
Reported Earnings • Aug 21Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: CN¥0.27 (down from CN¥0.34 in 2Q 2022). Revenue: CN¥2.36b (down 30% from 2Q 2022). Net income: CN¥273.7m (down 19% from 2Q 2022). Profit margin: 12% (up from 10.0% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 49%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Aug 09Now 28% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be CN¥48.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 68% in 2 years. Earnings is forecast to grow by 64% in the next 2 years.
Valuation Update With 7 Day Price Move • Jul 24Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥38.40, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.24 per share.
お知らせ • Jul 01Huagong Tech Company Limited to Report First Half, 2023 Results on Aug 21, 2023Huagong Tech Company Limited announced that they will report first half, 2023 results on Aug 21, 2023
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥43.52, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 84% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.68 per share.
Valuation Update With 7 Day Price Move • May 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥33.66, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.17 per share.
お知らせ • May 10Huagong Tech Company Limited Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 16 May 2023Huagong Tech Company Limited announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.00000000 for the year 2022, payable on 16 May 2023. Record date is 15 May 2023. Ex-date is 16 May 2023.
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥36.26, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥34.19 per share.
Reported Earnings • Apr 17First quarter 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.22 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.31 (up from CN¥0.22 in 1Q 2022). Revenue: CN¥2.66b (down 6.8% from 1Q 2022). Net income: CN¥308.1m (up 36% from 1Q 2022). Profit margin: 12% (up from 7.9% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥27.95, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥33.53 per share.
Major Estimate Revision • Mar 07Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥17.3b to CN¥15.3b. EPS estimate fell from CN¥1.22 to CN¥1.20 per share. Net income forecast to grow 33% next year vs 47% growth forecast for Electronic industry in China. Consensus price target up from CN¥25.91 to CN¥28.19. Share price rose 3.1% to CN¥20.54 over the past week.
Price Target Changed • Mar 04Price target increased by 8.8% to CN¥28.19Up from CN¥25.91, the current price target is an average from 3 analysts. New target price is 35% above last closing price of CN¥20.90. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥1.20 for next year compared to CN¥0.90 last year.
Reported Earnings • Mar 01Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.90 (up from CN¥0.76 in FY 2021). Revenue: CN¥12.0b (up 18% from FY 2021). Net income: CN¥906.1m (up 19% from FY 2021). Profit margin: 7.5% (in line with FY 2021). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Dec 13Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥13.5b to CN¥12.7b. EPS estimate also fell from CN¥0.94 per share to CN¥0.84 per share. Net income forecast to grow 63% next year vs 48% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥25.91. Share price was steady at CN¥17.73 over the past week.
Board Change • Nov 16High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 1 experienced director. 2 highly experienced directors. Non-Independent Director Songqing Zhu is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.45 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.45 in 3Q 2021). Revenue: CN¥2.63b (down 3.5% from 3Q 2021). Net income: CN¥158.9m (down 65% from 3Q 2021). Profit margin: 6.0% (down from 17% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.24 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.24 in 2Q 2021). Revenue: CN¥3.36b (up 18% from 2Q 2021). Net income: CN¥337.3m (up 43% from 2Q 2021). Profit margin: 10.0% (up from 8.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 36%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥25.20, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥47.13 per share.
お知らせ • Jun 10Huagong Tech Company Limited Announces Final Dividend on A Shares for the Year 2021, Payable on June 16, 2022Huagong Tech Company Limited announced final cash dividend/10 shares (tax included) of CNY 0.80000000 on A shares for the year 2021. Record date is June 15, 2022. Ex-date is June 16, 2022. Payment date is June 16, 2022.
Reported Earnings • Apr 28First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.22 (up from CN¥0.11 in 1Q 2021). Revenue: CN¥2.86b (up 60% from 1Q 2021). Net income: CN¥226.0m (up 99% from 1Q 2021). Profit margin: 7.9% (up from 6.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 9.9%. Over the next year, revenue is forecast to grow 26%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Lijun Hu is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 23Huagong Tech Company Limited Approves Cash DividendHuagong Tech Company Limited held its Annual General Meeting of 2021 on 21 April 2022, during which it approved: Cash dividend/10 shares (tax included): CNY 0.80000000.