View Future GrowthHonghua Group 過去の業績過去 基準チェック /56Honghua Groupは、平均年間28.6%の収益成長を遂げていますが、 Energy Services業界の収益は、年間 成長しています。収益は、平均年間50.9% 12.3%収益成長率で 成長しています。 Honghua Groupの自己資本利益率は1.1%であり、純利益率は0.7%です。主要情報28.61%収益成長率31.48%EPS成長率Energy Services 業界の成長23.29%収益成長率12.33%株主資本利益率1.08%ネット・マージン0.70%前回の決算情報31 Dec 2025最近の業績更新お知らせ • Mar 11Honghua Group Limited to Report Fiscal Year 2025 Results on Mar 25, 2026Honghua Group Limited announced that they will report fiscal year 2025 results on Mar 25, 2026お知らせ • Aug 15Honghua Group Limited to Report First Half, 2025 Results on Aug 26, 2025Honghua Group Limited announced that they will report first half, 2025 results on Aug 26, 2025お知らせ • Mar 13Honghua Group Limited to Report Fiscal Year 2024 Results on Mar 25, 2025Honghua Group Limited announced that they will report fiscal year 2024 results on Mar 25, 2025Reported Earnings • Sep 30First half 2024 earnings released: EPS: CN¥0 (vs CN¥0.029 loss in 1H 2023)First half 2024 results: EPS: CN¥0 (improved from CN¥0.029 loss in 1H 2023). Revenue: CN¥2.78b (up 11% from 1H 2023). Net income: CN¥2.42m (up CN¥156.6m from 1H 2023). Profit margin: 0.1% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.お知らせ • Aug 15Honghua Group Limited to Report First Half, 2024 Results on Aug 27, 2024Honghua Group Limited announced that they will report first half, 2024 results on Aug 27, 2024Reported Earnings • Mar 27Full year 2023 earnings released: CN¥0.055 loss per share (vs CN¥0.12 loss in FY 2022)Full year 2023 results: CN¥0.055 loss per share (improved from CN¥0.12 loss in FY 2022). Revenue: CN¥5.47b (up 22% from FY 2022). Net loss: CN¥386.6m (loss narrowed 39% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 24% per year.すべての更新を表示Recent updatesお知らせ • Jun 09Honghua Group Limited, Annual General Meeting, Jun 30, 2026Honghua Group Limited, Annual General Meeting, Jun 30, 2026, at 09:30 China Standard Time. Location: conference room 353, 99 east road, information park, jinniu district, sichuan prc, chengdu ChinaBoard Change • May 20Less 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 Non-executive Director Junren Wang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Mar 11Honghua Group Limited to Report Fiscal Year 2025 Results on Mar 25, 2026Honghua Group Limited announced that they will report fiscal year 2025 results on Mar 25, 2026お知らせ • Jan 19Honghua Group Limited Announces Changes in Non-Executive Director and Board Committee Memberships, Effective January 19, 2026The board of Honghua Group Limited announced that, with effect from January 19, 2026, Mr. Yang Yangzhuang has resigned as a non-executive director of the Company, and as a member of each of the audit committee and the strategic investment committee of the Board due to work reallocation. Mr. Liu Hui has been appointed as a non-executive director of the Company, and as a member of the audit committee and the strategic investment committee of the Board. Mr. Liu, aged 60, prior to his appointment as a non-executive director of the Company, served in various positions, including the deputy head, workshop director and secretary to the Party Committee of the Casting Plant of Dongfang Electrical Machinery Works; the deputy head of the personnel and labour relations department, deputy director of the human resources department, director of the materials procurement department, the deputy chief economist, an executive director and the deputy general manager of Dongfang Electrical Machinery Company Limited; the director of the Party Committee work department and deputy secretary to the Party Committee of Dongfang Electric Corporation; the secretary to the Party Committee and the Chairman of Dongfang Electric Machinery Co. Ltd.; the head of Dongfang Electrical Machinery Works; the secretary to the Party Committee of Dongfang Electric Wind Power Co. Ltd.; and the secretary to the Party Committee and the Chairman of DEC Dongfang Stream Turbine Co. Ltd. He concurrently served as the secretary to the Party Committee and a director of Dongfang Electric Digital Technology Co. Ltd. Mr. Liu graduated from Southwest Jiaotong University with a master’s degree in business administration. Mr. Liu has entered into a service contract with the Company as a non-executive director for a term of three years with effect from January 19, 2026. His term of office is subject to the provisions of the Company’s Articles of Association and the corporate governance code set out in Appendix C1 to the Listing Rules, and he is required to retire at the first annual general meeting after his appointment at which he is eligible to retire by rotation and, if nominated, offer himself for re-election. The Board further announced that, with effect from January 19, 2026, Mr. Wang Xu will, due to adjustments in the company’s governance arrangements, cease to serve as a member of the Board’s Remuneration Committee, but his other positions in the Company remain unchanged. As at the date of this announcement, the executive directors of the Company are Mr. Wang Xu (Chairman), Mr. Zhu Hua and Mr. Yang Qiang; the non-executive director of the Company is Mr. Liu Hui; and the independent non-executive directors of the Company are Mr. Zhang Shiju, Ms. Li Yuedong and Mr. Wang Junren.お知らせ • Aug 15Honghua Group Limited to Report First Half, 2025 Results on Aug 26, 2025Honghua Group Limited announced that they will report first half, 2025 results on Aug 26, 2025お知らせ • Jul 25Honghua Group Limited Announces Resignation of Liu Xinggui as Non-Executive Director, Members of Each of the Remuneration Committee and the Strategic Investment Committee, Effective July 25, 2025The board of directors of Honghua Group Limited announced that Mr. Liu Xinggui has tendered his resignation as Non-Executive Director, the members of each of the Remuneration Committee and the Strategic Investment Committee of the Company with effect from 25 July 2025 due to having reached the retirement age (60 years old).お知らせ • May 30Honghua Group Limited, Annual General Meeting, Jun 27, 2025Honghua Group Limited, Annual General Meeting, Jun 27, 2025, at 09:30 China Standard Time. Location: conference room 353, 99 east road, information park, jinniu district, chengdu, sichuan, prc., Chinaお知らせ • Mar 13Honghua Group Limited to Report Fiscal Year 2024 Results on Mar 25, 2025Honghua Group Limited announced that they will report fiscal year 2024 results on Mar 25, 2025Reported Earnings • Sep 30First half 2024 earnings released: EPS: CN¥0 (vs CN¥0.029 loss in 1H 2023)First half 2024 results: EPS: CN¥0 (improved from CN¥0.029 loss in 1H 2023). Revenue: CN¥2.78b (up 11% from 1H 2023). Net income: CN¥2.42m (up CN¥156.6m from 1H 2023). Profit margin: 0.1% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.お知らせ • Aug 20Honghua Group Limited Announces Board and Board CommitteesThe board of directors (the "Board") of Honghua Group Limited announced that with effect from 20 August 2024, Mr. Wang Junren ("Mr. Wang") has been appointed as an independent non-executive Director of the Company. Mr. Wang, aged 63, holds an Executive Master's degree in Business Administration from Peking University. He started to work in 1982 and has successively served as director of Strategic Development Center of China National Oil and Gas Exploration and Development Corporation, deputy general director and general director of Kazakhstan PetroChina Aktobe Oil and Gas Co., LTD., deputy general director of PetroChina Kazakhstan Company, deputy general director of PetroChina Central Asia Company, general director of PetroChina West Africa Company and other positions. Mr. Wang has rich experience in oil and gas exploration and development, international oil management and engineering construction management. CHANGE IN COMPOSITION OF BOARD COMMITTEES: The Board further announces that with effect from 20 August 2024: Mr. Wang has been appointed as member of the remuneration committee and strategic investment and risk control committee of the Company. Mr. Liu Xinggui, the non-executive director, has been appointed as member of the remuneration committee of the Company.お知らせ • Aug 15Honghua Group Limited to Report First Half, 2024 Results on Aug 27, 2024Honghua Group Limited announced that they will report first half, 2024 results on Aug 27, 2024Board Change • Jul 09Less than half of directors are independentThere are 7 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: 7 new directors. No experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Non-Executive Director Shiju Zhang is the most experienced director on the board, commencing their role in 2022. Independent Non-Executive Director Yuedong Li was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Jun 05Honghua Group Limited, Annual General Meeting, Jun 26, 2024Honghua Group Limited, Annual General Meeting, Jun 26, 2024, at 10:00 China Standard Time. Location: munich conference room, 4th floor, shenzhen futian huanggang, 28 fumin road, futian district, shenzhen, guangdong., Chinaお知らせ • May 18Honghua Group Limited Appoints Yang Qiang as an Executive DirectorThe board of directors of Honghua Group Limited announced that Mr. Yang Qiang ("Mr. Yang") was appointed as an executive director of the Company with effect from 17 May 2024. Mr. Yang, aged 43, holder of a bachelor's degree. He once worked in Dongfang Electric Machinery Co. Ltd. from 2004, served as deputy director of the equipment department, deputy director of the material purchasing department and deputy director of the procurement centre, and was the deputy secretary of the Party Committee and employee representative of Dongfang Electric Autocontrol Engineering Co. Ltd.At present, Mr. Yang serves as the Party Deputy Secretary of Honghua (China) Investment Co. Ltd. and a director of Sichuan Honghua Petroleum Equipment Co. Ltd., both being the subsidiaries of the Company. Mr. Yang has extensive experience in material procurement, equipment management, technology management and human resources management.Buy Or Sell Opportunity • Apr 30Now 40% undervaluedThe stock has been flat over the last 90 days, currently trading at €0.01. The fair value is estimated to be €0.017, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Apr 24Now 43% undervaluedThe stock has been flat over the last 90 days, currently trading at €0.01. The fair value is estimated to be €0.018, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company became loss making.New Risk • Apr 02New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.3m (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 56% per year over the past 5 years. Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€92.3m market cap, or US$99.1m).Reported Earnings • Mar 27Full year 2023 earnings released: CN¥0.055 loss per share (vs CN¥0.12 loss in FY 2022)Full year 2023 results: CN¥0.055 loss per share (improved from CN¥0.12 loss in FY 2022). Revenue: CN¥5.47b (up 22% from FY 2022). Net loss: CN¥386.6m (loss narrowed 39% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 24% per year.お知らせ • Mar 13Honghua Group Limited to Report Fiscal Year 2023 Final Results on Mar 26, 2024Honghua Group Limited announced that they will report fiscal year 2023 final results on Mar 26, 2024お知らせ • Feb 07+ 1 more updateHonghua Group Limited Appoints Zhu Hua as PresidentThe board of tHonghua Group Limited announced that Mr. Zhu Hua ("Mr. Zhu"), an Executive Director and the Executive Vice President of the Company, has been promoted to the President of the Company with effect from 7 February 2024. Mr. Zhu, aged 40, has been an Executive Director and the Executive Vice President of the Company from July 2022. He once served as a director, general manager and party secretary of MHPS Dongfang Boiler Co. Ltd., a subsidiary of Dongfang Electric Corporation. He once served as the deputy director of the boiler technology department, the deputy director of the product project management department, the director of the marketing center and the director of the thermal power marketing department of Dongfang Boiler Group Co. Ltd. Mr. Zhu has extensive experience in technology and corporate management. Mr. Zhu obtained a bachelor's degree in thermal and power engineering from Zhejiang University in 2006, a master's degree in mechanical engineering from the Hong Kong University of Science and Technology in 2008, and a doctorate degree in Power Engineering and Engineering Thermophysics from Xi'an Jiaotong University in 2020.Reported Earnings • Sep 29First half 2023 earnings released: CN¥0.029 loss per share (vs CN¥0.099 loss in 1H 2022)First half 2023 results: CN¥0.029 loss per share (improved from CN¥0.099 loss in 1H 2022). Revenue: CN¥2.49b (up 65% from 1H 2022). Net loss: CN¥154.2m (loss narrowed 71% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 31First half 2023 earnings released: CN¥0.029 loss per share (vs CN¥0.099 loss in 1H 2022)First half 2023 results: CN¥0.029 loss per share (improved from CN¥0.099 loss in 1H 2022). Revenue: CN¥2.49b (up 65% from 1H 2022). Net loss: CN¥154.2m (loss narrowed 71% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.お知らせ • Aug 18Honghua Group Limited to Report First Half, 2023 Results on Aug 29, 2023Honghua Group Limited announced that they will report first half, 2023 results on Aug 29, 2023お知らせ • Aug 01Honghua Group Limited Announces Resignation of Zhang Mi as Non-Executive Director and Member of Strategic Investment and Risk Control CommitteeThe board of directors of Honghua Group Limited announced the following changes with effect from 31 July 2023: Zhang Mi has tendered his resignation as Non-Executive Director and member of Strategic Investment and Risk Control Committee of the Company with effect from 31 July 2023, due to devoting more time to personal business.New Risk • Jul 23New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 70% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 50% per year over the past 5 years. Shareholders have been substantially diluted in the past year (70% increase in shares outstanding).New Risk • Jun 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (€79.6m market cap, or US$86.9m).New Risk • Jun 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €89.6m (US$97.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€89.6m market cap, or US$97.6m).お知らせ • May 25Honghua Group Limited, Annual General Meeting, Jun 29, 2023Honghua Group Limited, Annual General Meeting, Jun 29, 2023. Agenda: To consider amendments to the memorandum and articles of association of Company.Reported Earnings • Mar 30Full year 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.14 loss in FY 2021)Full year 2022 results: CN¥0.12 loss per share (improved from CN¥0.14 loss in FY 2021). Revenue: CN¥4.48b (up 52% from FY 2021). Net loss: CN¥634.4m (loss narrowed 12% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance.お知らせ • Jan 10+ 1 more updateHonghua Group Limited Provides Earnings Guidance for December 31, 2022Honghua Group Limited provided earnings guidance for the year ended 31 December 2022. The company expected to record loss attributable to the shareholders of the Company ranging from approximately RMB 550.00 million to RMB 650.00 million for the year ended 31 December 2022, as compared to loss attributable to the shareholders of RMB 717.19 million for the year ended 31 December 2021. The expected loss for the year ended 31 December 2022 is primarily due to the backdrops that under the influence of the Russia-Ukraine conflict, for the sake of prudence, an impairment provision was made for creditor's rights; the oil and gas services segment was affected by the prudent capital expenditure of customers and the settlement of price reductions by customers, thus an impairment provision being made for the assets with impairment risk.お知らせ • Nov 26Honghua Group Limited Announces Change of Executive Directors and Board Committees MembersThe board of directors of Honghua Group Limited announced: Mr. Jin Liliang ("Mr. Jin") has tendered his resignation as Executive Director, Chairman of the Board, member of Remuneration Committee, chairman of Strategic Investment and Risk Control Committee and chairman of Nomination Committee of the Company with effect from November 25, 2022, due to job adjustment. Mr. Wang Xu ("Mr. Wang") has been appointed as Executive Director, Chairman of the Board, member of Remuneration Committee, chairman of Strategic Investment and Risk Control Committee and chairman of Nomination Committee of the Company with effect from November 25, 2022. Mr. Wang, 49 aged, joined Dongfang Electric Corporation ("Dongfang Electric") in 1995 and is currently an employee director of Dongfang Electric. Previously, he served as the head of the party-masses work department of Dongfang Electric and the head of the corporate culture department of Dongfang Electric Corporation Limited, the deputy secretary of the party committee and the secretary of the discipline inspection committee of Dongfang Electric Wind Power Co. Ltd. and the manager of the Coil Branch Factory of Dongfang Electric, as well as the secretary of the joint party branch of the production management department and the warehouse management center of DongFang Electric Machinery Corporation Limited, and deputy head of the production management department of DongFang Electric Machinery Corporation Limited. Mr. Wang has extensive experience in production management and enterprise management. Mr. Wang received his Bachelor's degree in Engineering from Chongqing University in 1995. Mr. Wang is currently the secretary of the party committee of Honghua (China) Investment Co. Ltd., a subsidiary of the Company.お知らせ • Nov 25Honghua Group Limited Announces Management ChangesThe Board of Honghua Group Limited announced that Ms. Xu Xiufang ("Ms. Xu") has tendered her resignation as Chief Financial Officer with effect from November 25, 2022, due to job adjustment. The Board announced that Jin Qian ("Ms. Jin") has been appointed as Chief Financial Officer with effect from November 25, 2022. Ms. Jin, aged 47, has been working in Dongfang Electric since 1995. Previously, she served as deputy head of finance department of Dongfang Electric and Dongfang Electric Corporation Limited, respectively, and the chairman of the board of supervisors of Dongfang Electric (Chengdu) Hydrogen Fuel Cell Technology Co. Ltd. Ms. Jin has extensive experience in financial management. Ms. Jin holds a master's degree in industrial engineering from Southwest Jiaotong University and a bachelor's degree in accounting from Chongqing University.Reported Earnings • Sep 01First half 2022 earnings released: CN¥0.099 loss per share (vs CN¥0.014 loss in 1H 2021)First half 2022 results: CN¥0.099 loss per share (down from CN¥0.014 loss in 1H 2021). Revenue: CN¥1.51b (down 2.7% from 1H 2021). Net loss: CN¥523.4m (loss widened CN¥450.4m from 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.お知らせ • Aug 18Honghua Group Limited to Report First Half, 2022 Results on Aug 30, 2022Honghua Group Limited announced that they will report first half, 2022 results on Aug 30, 2022お知らせ • Aug 06Honghua Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022Honghua Group Limited provides earnings guidance for the six months ended 30 June 2022. The Group is expected to record a loss for the shareholders of the Company for the six months ended 30 June 2022, significantly increasing as compared to the loss for the shareholders of RMB 72.966 million for the six months ended 30 June 2021, with expected net loss not exceeding RMB 550 million.お知らせ • Jul 05Honghua Group Limited Announces Executive ChangesHonghua Group Limited announcement of the Company dated 29 June 2022, the composition of the Board is adjusted with the following resignations and appointments with effect from 4 July 2022: Mr. Ren Jie has tendered his resignation as Executive Director and member of Strategic Investment and Risk Control Committee of the Company, due to devoting more time to other business; Mr. Chen Wenle has tendered his resignation as Non-Executive Director due to work arrangement; Mr. Wang Xiuchang has tendered his resignation as Non-Executive Director due to work arrangement; Mr. Zhang Mi has tendered his resignation as member of Remuneration Committee, due to devoting more time to other business; and Mr. Chen Guoming has tendered his resignation as member of Nomination Committee, due to devoting more time to other business. Appointment of directors and Board Committee members: Mr. Zhu Hua ("Mr. Zhu") has been appointed as Executive Director and member of Strategic Investment and Risk Control Committee; Mr. Yang Yong("Mr. Yang") has been appointed as Non-Executive Director; and Mr. Zhang Shiju("Mr. Zhang") has been appointed as Independent Non-executive Director, member of the Audit Committee, Remuneration Committee and Nomination Committee. The biographical details of Mr. Zhu, Mr. Yang and Mr. Zhang are as follows: Mr. Zhu, aged 38, joined the DEC in 2009 and once served as a director, general manager and party secretary of MHI Power Dongfang Boiler Co. Ltd., a subsidiary of DEC. He once served as the deputy director of the boiler technology department, the deputy director of the product project management department, the director of the marketing center and the director of the thermal power marketing department of Dongfang Boiler Co. Ltd. Mr. Yang, aged 48, joined the DEC in 1998, and served as the chairman and party secretary of DEC (Chengdu) Hydrogen Fuel Cell Technology Co. Ltd., the vice president of Central Research Institute of DEC and Deputy General Manager of DEC Academy of Science and Technology Co. Ltd. Mr. Yang has extensive experience in corporate management. Mr. Zhang, aged 44, is currently a senior partner of Beijing Yingke Law Firm Shanghai Office. Mr. Zhang holds a master's degree in economic law from Nanjing University. He is a member of the Legal Counsel Professional Committee of the All-China Lawyers Association, an external expert of the Shanghai Technology Exchange Expert Think Tank, and a management consulting service expert of the Management Consulting Professional Committee of the China Enterprise Confederation. Mr. Jiang Fuhao ("Mr. Jiang") ceased to be the President of the Company due to work arrangement with effect from 4 July 2022. Mr. Zhu has been appointed as the Executive Vice President of the Company and is in charge of the scientific research and production and the daily operation and management of the Company, with effect from 4 July 2022. Mr. Luo Xiaoming ("Mr. Luo") has been appointed as the Vice President of the Company, responsible for the international operation and marketing management of the Company, with effect from 4 July 2022. Mr. Luo, aged 55, joined the DEC since 1992. He was the vice general manager of DEC International Cooperation Limited, Dongfang Electric Co., Ltd, International Engineering Branch and Dongfang Electric Co. Ltd., Import and Export Branch, respectively. Mr. Luo is experienced in international trade business. Mr. Luo obtained a bachelor's degree in thermal engineering from the thermal engineering department of Chongqing University in 1998 and holds a master's degree of engineering thermal physics from the power engineering department of Harbin Institute of Technology in 1992.Reported Earnings • May 03Full year 2021 earnings released: CN¥0.14 loss per share (vs CN¥0.009 profit in FY 2020)Full year 2021 results: CN¥0.14 loss per share (down from CN¥0.009 profit in FY 2020). Revenue: CN¥2.94b (down 25% from FY 2020). Net loss: CN¥717.2m (down CN¥766.9m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Bin Wei was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 31Full year 2021 earnings released: CN¥0.14 loss per share (vs CN¥0.009 profit in FY 2020)Full year 2021 results: CN¥0.14 loss per share (down from CN¥0.009 profit in FY 2020). Revenue: CN¥2.94b (down 25% from FY 2020). Net loss: CN¥717.2m (down CN¥766.9m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.お知らせ • Mar 31Honghua Group Limited, Annual General Meeting, Jun 22, 2022Honghua Group Limited, Annual General Meeting, Jun 22, 2022.お知らせ • Jan 30Honghua Group Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2021The Board of Honghua Group Limited announced that based on the unaudited consolidated management accounts of the Group for the year ended 31 December 2021 and the information currently available to the company, the Group is expected to record a loss attributable to the shareholders of the company ranging from RMB 700.00 million to RMB 800.00 million for the year ended 31 December 2021, as compared to the profit attributable to the shareholders of RMB 49.66 million for the year ended 31 December 2020. The expected loss for the year ended 31 December 2021 is primarily due to (1) the financial losses caused by the debt default of the Offshore Segment; (2) the continual spread of the COVID-19 pandemic leading to significant decline in international drilling equipment business while the new orders which were mainly signed in the fourth quarter which failing to make up the shortfall of the revenue for the period; (3) the decline of service prices and gross profit margins of its projects resulting from the customers' prudent measures on capital expenditures; and (4) the effects of impairment of other assets and reversal of deferred income tax assets.Board Change • Dec 02Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Bin Wei was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Executive Departure • Dec 02Independent Non-Executive Director Chiu Kwok Poon has left the companyOn the 1st of December, Chiu Kwok Poon's tenure as Independent Non-Executive Director ended after 4.5 years in the role. We don't have any record of a personal shareholding under Chiu Kwok's name. Chiu Kwok is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.92 years.Reported Earnings • Sep 04First half 2021 earnings released: CN¥0.014 loss per share (vs CN¥0.006 profit in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: CN¥1.55b (down 14% from 1H 2020). Net loss: CN¥73.0m (down 334% from profit in 1H 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.Board Change • Sep 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Bin Wei was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jul 15Honghua Group Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2021The board of directors of Honghua Group Limited provided that based on the unaudited consolidated management accounts of the Company and its subsidiaries (the "Group") for the six months ended 30 June 2021 and the information currently available to the Company, the Group is expected to record net loss attributable to the shareholders of the Company ranging from RMB 30.00 million to RMB 70.00 million for the six months ended 30 June 2021, as compared to profit attributable to the shareholders of RMB 31.16 million for the six months ended 30 June 2020. The expected net loss for the six months ended 30 June 2021 is primarily due to the combined impact of the COVID-19 pandemic and the fluctuation in the international oil price. Major international oil companies made huge cuts in their capital expenditure. The exports of petroleum equipment (especially drilling rigs) of the Group which had advantages traditionally bore the brunt in terms of number of orders, and thus the operating revenue still recorded a year-on-year decrease despite proactive adjustment to the business structure during the year.Reported Earnings • Apr 24Full year 2020 earnings released: EPS CN¥0.009 (vs CN¥0.02 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.93b (down 11% from FY 2019). Net income: CN¥49.7m (down 54% from FY 2019). Profit margin: 1.3% (down from 2.4% in FY 2019). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 30Full year 2020 earnings released: EPS CN¥0.009 (vs CN¥0.02 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.93b (down 11% from FY 2019). Net income: CN¥49.7m (down 54% from FY 2019). Profit margin: 1.3% (down from 2.4% in FY 2019). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.お知らせ • Mar 16Honghua Group Limited to Report Fiscal Year 2020 Results on Mar 29, 2021Honghua Group Limited announced that they will report fiscal year 2020 results on Mar 29, 2021Reported Earnings • Sep 27First half earnings releasedOver the last 12 months the company has reported total profits of CN¥77.8m, down 71% from the prior year. Total revenue was CN¥4.18b over the last 12 months, down 18% from the prior year.お知らせ • Aug 23Honghua Group Limited to Report First Half, 2020 Results on Aug 26, 2020Honghua Group Limited announced that they will report first half, 2020 results on Aug 26, 2020収支内訳Honghua Group の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:4HB 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Dec 255,4933845816430 Sep 255,4764047516630 Jun 255,4584249216931 Mar 255,5462548916031 Dec 245,633848515030 Sep 245,694-11159414230 Jun 245,755-23070413431 Mar 245,614-30870512331 Dec 235,473-38770611230 Sep 235,467-32671510730 Jun 235,461-26572310131 Mar 234,969-45076611331 Dec 224,476-63480912430 Sep 223,685-90170616430 Jun 222,894-1,16860320531 Mar 222,915-94262617531 Dec 212,937-71765014630 Sep 213,306-3867777330 Jun 213,676-54904031 Mar 213,804-2931031 Dec 203,93150959030 Sep 204,058641,023030 Jun 204,184781,087031 Mar 204,305931,056031 Dec 194,4261071,025030 Sep 194,766188955030 Jun 195,107269886031 Mar 194,656182861031 Dec 184,20595837030 Sep 183,413-47753030 Jun 182,622-188669031 Mar 182,399-297710031 Dec 172,176-405751030 Jun 171,553-579921031 Mar 171,850-539940031 Dec 162,148-500959030 Sep 162,815-541978030 Jun 163,286-473917031 Mar 163,753-363987031 Dec 154,219-2521,057030 Sep 155,211-1951,1890質の高い収益: 4HBは 高品質の収益 を持っています。利益率の向上: 4HBの現在の純利益率 (0.7%)は、昨年(0.1%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 4HB過去 5 年間で収益を上げており、収益は年間28.6%増加しています。成長の加速: 4HBの過去 1 年間の収益成長率 ( 405.8% ) は、5 年間の平均 ( 年間28.6%を上回っています。収益対業界: 4HBの過去 1 年間の収益成長率 ( 405.8% ) はEnergy Services業界32%を上回りました。株主資本利益率高いROE: 4HBの 自己資本利益率 ( 1.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YEnergy 、過去の業績が好調な企業。View Financial Health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2026/07/10 10:43終値2026/07/10 00:00収益2025/12/31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Honghua Group Limited 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。22 アナリスト機関Clement ChenBarclaysMark William KellockCGS InternationalJimmy WongCGS International19 その他のアナリストを表示
お知らせ • Mar 11Honghua Group Limited to Report Fiscal Year 2025 Results on Mar 25, 2026Honghua Group Limited announced that they will report fiscal year 2025 results on Mar 25, 2026
お知らせ • Aug 15Honghua Group Limited to Report First Half, 2025 Results on Aug 26, 2025Honghua Group Limited announced that they will report first half, 2025 results on Aug 26, 2025
お知らせ • Mar 13Honghua Group Limited to Report Fiscal Year 2024 Results on Mar 25, 2025Honghua Group Limited announced that they will report fiscal year 2024 results on Mar 25, 2025
Reported Earnings • Sep 30First half 2024 earnings released: EPS: CN¥0 (vs CN¥0.029 loss in 1H 2023)First half 2024 results: EPS: CN¥0 (improved from CN¥0.029 loss in 1H 2023). Revenue: CN¥2.78b (up 11% from 1H 2023). Net income: CN¥2.42m (up CN¥156.6m from 1H 2023). Profit margin: 0.1% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
お知らせ • Aug 15Honghua Group Limited to Report First Half, 2024 Results on Aug 27, 2024Honghua Group Limited announced that they will report first half, 2024 results on Aug 27, 2024
Reported Earnings • Mar 27Full year 2023 earnings released: CN¥0.055 loss per share (vs CN¥0.12 loss in FY 2022)Full year 2023 results: CN¥0.055 loss per share (improved from CN¥0.12 loss in FY 2022). Revenue: CN¥5.47b (up 22% from FY 2022). Net loss: CN¥386.6m (loss narrowed 39% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 24% per year.
お知らせ • Jun 09Honghua Group Limited, Annual General Meeting, Jun 30, 2026Honghua Group Limited, Annual General Meeting, Jun 30, 2026, at 09:30 China Standard Time. Location: conference room 353, 99 east road, information park, jinniu district, sichuan prc, chengdu China
Board Change • May 20Less 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 Non-executive Director Junren Wang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 11Honghua Group Limited to Report Fiscal Year 2025 Results on Mar 25, 2026Honghua Group Limited announced that they will report fiscal year 2025 results on Mar 25, 2026
お知らせ • Jan 19Honghua Group Limited Announces Changes in Non-Executive Director and Board Committee Memberships, Effective January 19, 2026The board of Honghua Group Limited announced that, with effect from January 19, 2026, Mr. Yang Yangzhuang has resigned as a non-executive director of the Company, and as a member of each of the audit committee and the strategic investment committee of the Board due to work reallocation. Mr. Liu Hui has been appointed as a non-executive director of the Company, and as a member of the audit committee and the strategic investment committee of the Board. Mr. Liu, aged 60, prior to his appointment as a non-executive director of the Company, served in various positions, including the deputy head, workshop director and secretary to the Party Committee of the Casting Plant of Dongfang Electrical Machinery Works; the deputy head of the personnel and labour relations department, deputy director of the human resources department, director of the materials procurement department, the deputy chief economist, an executive director and the deputy general manager of Dongfang Electrical Machinery Company Limited; the director of the Party Committee work department and deputy secretary to the Party Committee of Dongfang Electric Corporation; the secretary to the Party Committee and the Chairman of Dongfang Electric Machinery Co. Ltd.; the head of Dongfang Electrical Machinery Works; the secretary to the Party Committee of Dongfang Electric Wind Power Co. Ltd.; and the secretary to the Party Committee and the Chairman of DEC Dongfang Stream Turbine Co. Ltd. He concurrently served as the secretary to the Party Committee and a director of Dongfang Electric Digital Technology Co. Ltd. Mr. Liu graduated from Southwest Jiaotong University with a master’s degree in business administration. Mr. Liu has entered into a service contract with the Company as a non-executive director for a term of three years with effect from January 19, 2026. His term of office is subject to the provisions of the Company’s Articles of Association and the corporate governance code set out in Appendix C1 to the Listing Rules, and he is required to retire at the first annual general meeting after his appointment at which he is eligible to retire by rotation and, if nominated, offer himself for re-election. The Board further announced that, with effect from January 19, 2026, Mr. Wang Xu will, due to adjustments in the company’s governance arrangements, cease to serve as a member of the Board’s Remuneration Committee, but his other positions in the Company remain unchanged. As at the date of this announcement, the executive directors of the Company are Mr. Wang Xu (Chairman), Mr. Zhu Hua and Mr. Yang Qiang; the non-executive director of the Company is Mr. Liu Hui; and the independent non-executive directors of the Company are Mr. Zhang Shiju, Ms. Li Yuedong and Mr. Wang Junren.
お知らせ • Aug 15Honghua Group Limited to Report First Half, 2025 Results on Aug 26, 2025Honghua Group Limited announced that they will report first half, 2025 results on Aug 26, 2025
お知らせ • Jul 25Honghua Group Limited Announces Resignation of Liu Xinggui as Non-Executive Director, Members of Each of the Remuneration Committee and the Strategic Investment Committee, Effective July 25, 2025The board of directors of Honghua Group Limited announced that Mr. Liu Xinggui has tendered his resignation as Non-Executive Director, the members of each of the Remuneration Committee and the Strategic Investment Committee of the Company with effect from 25 July 2025 due to having reached the retirement age (60 years old).
お知らせ • May 30Honghua Group Limited, Annual General Meeting, Jun 27, 2025Honghua Group Limited, Annual General Meeting, Jun 27, 2025, at 09:30 China Standard Time. Location: conference room 353, 99 east road, information park, jinniu district, chengdu, sichuan, prc., China
お知らせ • Mar 13Honghua Group Limited to Report Fiscal Year 2024 Results on Mar 25, 2025Honghua Group Limited announced that they will report fiscal year 2024 results on Mar 25, 2025
Reported Earnings • Sep 30First half 2024 earnings released: EPS: CN¥0 (vs CN¥0.029 loss in 1H 2023)First half 2024 results: EPS: CN¥0 (improved from CN¥0.029 loss in 1H 2023). Revenue: CN¥2.78b (up 11% from 1H 2023). Net income: CN¥2.42m (up CN¥156.6m from 1H 2023). Profit margin: 0.1% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
お知らせ • Aug 20Honghua Group Limited Announces Board and Board CommitteesThe board of directors (the "Board") of Honghua Group Limited announced that with effect from 20 August 2024, Mr. Wang Junren ("Mr. Wang") has been appointed as an independent non-executive Director of the Company. Mr. Wang, aged 63, holds an Executive Master's degree in Business Administration from Peking University. He started to work in 1982 and has successively served as director of Strategic Development Center of China National Oil and Gas Exploration and Development Corporation, deputy general director and general director of Kazakhstan PetroChina Aktobe Oil and Gas Co., LTD., deputy general director of PetroChina Kazakhstan Company, deputy general director of PetroChina Central Asia Company, general director of PetroChina West Africa Company and other positions. Mr. Wang has rich experience in oil and gas exploration and development, international oil management and engineering construction management. CHANGE IN COMPOSITION OF BOARD COMMITTEES: The Board further announces that with effect from 20 August 2024: Mr. Wang has been appointed as member of the remuneration committee and strategic investment and risk control committee of the Company. Mr. Liu Xinggui, the non-executive director, has been appointed as member of the remuneration committee of the Company.
お知らせ • Aug 15Honghua Group Limited to Report First Half, 2024 Results on Aug 27, 2024Honghua Group Limited announced that they will report first half, 2024 results on Aug 27, 2024
Board Change • Jul 09Less than half of directors are independentThere are 7 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: 7 new directors. No experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Non-Executive Director Shiju Zhang is the most experienced director on the board, commencing their role in 2022. Independent Non-Executive Director Yuedong Li was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Jun 05Honghua Group Limited, Annual General Meeting, Jun 26, 2024Honghua Group Limited, Annual General Meeting, Jun 26, 2024, at 10:00 China Standard Time. Location: munich conference room, 4th floor, shenzhen futian huanggang, 28 fumin road, futian district, shenzhen, guangdong., China
お知らせ • May 18Honghua Group Limited Appoints Yang Qiang as an Executive DirectorThe board of directors of Honghua Group Limited announced that Mr. Yang Qiang ("Mr. Yang") was appointed as an executive director of the Company with effect from 17 May 2024. Mr. Yang, aged 43, holder of a bachelor's degree. He once worked in Dongfang Electric Machinery Co. Ltd. from 2004, served as deputy director of the equipment department, deputy director of the material purchasing department and deputy director of the procurement centre, and was the deputy secretary of the Party Committee and employee representative of Dongfang Electric Autocontrol Engineering Co. Ltd.At present, Mr. Yang serves as the Party Deputy Secretary of Honghua (China) Investment Co. Ltd. and a director of Sichuan Honghua Petroleum Equipment Co. Ltd., both being the subsidiaries of the Company. Mr. Yang has extensive experience in material procurement, equipment management, technology management and human resources management.
Buy Or Sell Opportunity • Apr 30Now 40% undervaluedThe stock has been flat over the last 90 days, currently trading at €0.01. The fair value is estimated to be €0.017, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Apr 24Now 43% undervaluedThe stock has been flat over the last 90 days, currently trading at €0.01. The fair value is estimated to be €0.018, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Apr 02New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.3m (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 56% per year over the past 5 years. Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€92.3m market cap, or US$99.1m).
Reported Earnings • Mar 27Full year 2023 earnings released: CN¥0.055 loss per share (vs CN¥0.12 loss in FY 2022)Full year 2023 results: CN¥0.055 loss per share (improved from CN¥0.12 loss in FY 2022). Revenue: CN¥5.47b (up 22% from FY 2022). Net loss: CN¥386.6m (loss narrowed 39% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 24% per year.
お知らせ • Mar 13Honghua Group Limited to Report Fiscal Year 2023 Final Results on Mar 26, 2024Honghua Group Limited announced that they will report fiscal year 2023 final results on Mar 26, 2024
お知らせ • Feb 07+ 1 more updateHonghua Group Limited Appoints Zhu Hua as PresidentThe board of tHonghua Group Limited announced that Mr. Zhu Hua ("Mr. Zhu"), an Executive Director and the Executive Vice President of the Company, has been promoted to the President of the Company with effect from 7 February 2024. Mr. Zhu, aged 40, has been an Executive Director and the Executive Vice President of the Company from July 2022. He once served as a director, general manager and party secretary of MHPS Dongfang Boiler Co. Ltd., a subsidiary of Dongfang Electric Corporation. He once served as the deputy director of the boiler technology department, the deputy director of the product project management department, the director of the marketing center and the director of the thermal power marketing department of Dongfang Boiler Group Co. Ltd. Mr. Zhu has extensive experience in technology and corporate management. Mr. Zhu obtained a bachelor's degree in thermal and power engineering from Zhejiang University in 2006, a master's degree in mechanical engineering from the Hong Kong University of Science and Technology in 2008, and a doctorate degree in Power Engineering and Engineering Thermophysics from Xi'an Jiaotong University in 2020.
Reported Earnings • Sep 29First half 2023 earnings released: CN¥0.029 loss per share (vs CN¥0.099 loss in 1H 2022)First half 2023 results: CN¥0.029 loss per share (improved from CN¥0.099 loss in 1H 2022). Revenue: CN¥2.49b (up 65% from 1H 2022). Net loss: CN¥154.2m (loss narrowed 71% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 31First half 2023 earnings released: CN¥0.029 loss per share (vs CN¥0.099 loss in 1H 2022)First half 2023 results: CN¥0.029 loss per share (improved from CN¥0.099 loss in 1H 2022). Revenue: CN¥2.49b (up 65% from 1H 2022). Net loss: CN¥154.2m (loss narrowed 71% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 18Honghua Group Limited to Report First Half, 2023 Results on Aug 29, 2023Honghua Group Limited announced that they will report first half, 2023 results on Aug 29, 2023
お知らせ • Aug 01Honghua Group Limited Announces Resignation of Zhang Mi as Non-Executive Director and Member of Strategic Investment and Risk Control CommitteeThe board of directors of Honghua Group Limited announced the following changes with effect from 31 July 2023: Zhang Mi has tendered his resignation as Non-Executive Director and member of Strategic Investment and Risk Control Committee of the Company with effect from 31 July 2023, due to devoting more time to personal business.
New Risk • Jul 23New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 70% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 50% per year over the past 5 years. Shareholders have been substantially diluted in the past year (70% increase in shares outstanding).
New Risk • Jun 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (€79.6m market cap, or US$86.9m).
New Risk • Jun 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €89.6m (US$97.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€89.6m market cap, or US$97.6m).
お知らせ • May 25Honghua Group Limited, Annual General Meeting, Jun 29, 2023Honghua Group Limited, Annual General Meeting, Jun 29, 2023. Agenda: To consider amendments to the memorandum and articles of association of Company.
Reported Earnings • Mar 30Full year 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.14 loss in FY 2021)Full year 2022 results: CN¥0.12 loss per share (improved from CN¥0.14 loss in FY 2021). Revenue: CN¥4.48b (up 52% from FY 2021). Net loss: CN¥634.4m (loss narrowed 12% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 10+ 1 more updateHonghua Group Limited Provides Earnings Guidance for December 31, 2022Honghua Group Limited provided earnings guidance for the year ended 31 December 2022. The company expected to record loss attributable to the shareholders of the Company ranging from approximately RMB 550.00 million to RMB 650.00 million for the year ended 31 December 2022, as compared to loss attributable to the shareholders of RMB 717.19 million for the year ended 31 December 2021. The expected loss for the year ended 31 December 2022 is primarily due to the backdrops that under the influence of the Russia-Ukraine conflict, for the sake of prudence, an impairment provision was made for creditor's rights; the oil and gas services segment was affected by the prudent capital expenditure of customers and the settlement of price reductions by customers, thus an impairment provision being made for the assets with impairment risk.
お知らせ • Nov 26Honghua Group Limited Announces Change of Executive Directors and Board Committees MembersThe board of directors of Honghua Group Limited announced: Mr. Jin Liliang ("Mr. Jin") has tendered his resignation as Executive Director, Chairman of the Board, member of Remuneration Committee, chairman of Strategic Investment and Risk Control Committee and chairman of Nomination Committee of the Company with effect from November 25, 2022, due to job adjustment. Mr. Wang Xu ("Mr. Wang") has been appointed as Executive Director, Chairman of the Board, member of Remuneration Committee, chairman of Strategic Investment and Risk Control Committee and chairman of Nomination Committee of the Company with effect from November 25, 2022. Mr. Wang, 49 aged, joined Dongfang Electric Corporation ("Dongfang Electric") in 1995 and is currently an employee director of Dongfang Electric. Previously, he served as the head of the party-masses work department of Dongfang Electric and the head of the corporate culture department of Dongfang Electric Corporation Limited, the deputy secretary of the party committee and the secretary of the discipline inspection committee of Dongfang Electric Wind Power Co. Ltd. and the manager of the Coil Branch Factory of Dongfang Electric, as well as the secretary of the joint party branch of the production management department and the warehouse management center of DongFang Electric Machinery Corporation Limited, and deputy head of the production management department of DongFang Electric Machinery Corporation Limited. Mr. Wang has extensive experience in production management and enterprise management. Mr. Wang received his Bachelor's degree in Engineering from Chongqing University in 1995. Mr. Wang is currently the secretary of the party committee of Honghua (China) Investment Co. Ltd., a subsidiary of the Company.
お知らせ • Nov 25Honghua Group Limited Announces Management ChangesThe Board of Honghua Group Limited announced that Ms. Xu Xiufang ("Ms. Xu") has tendered her resignation as Chief Financial Officer with effect from November 25, 2022, due to job adjustment. The Board announced that Jin Qian ("Ms. Jin") has been appointed as Chief Financial Officer with effect from November 25, 2022. Ms. Jin, aged 47, has been working in Dongfang Electric since 1995. Previously, she served as deputy head of finance department of Dongfang Electric and Dongfang Electric Corporation Limited, respectively, and the chairman of the board of supervisors of Dongfang Electric (Chengdu) Hydrogen Fuel Cell Technology Co. Ltd. Ms. Jin has extensive experience in financial management. Ms. Jin holds a master's degree in industrial engineering from Southwest Jiaotong University and a bachelor's degree in accounting from Chongqing University.
Reported Earnings • Sep 01First half 2022 earnings released: CN¥0.099 loss per share (vs CN¥0.014 loss in 1H 2021)First half 2022 results: CN¥0.099 loss per share (down from CN¥0.014 loss in 1H 2021). Revenue: CN¥1.51b (down 2.7% from 1H 2021). Net loss: CN¥523.4m (loss widened CN¥450.4m from 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 18Honghua Group Limited to Report First Half, 2022 Results on Aug 30, 2022Honghua Group Limited announced that they will report first half, 2022 results on Aug 30, 2022
お知らせ • Aug 06Honghua Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022Honghua Group Limited provides earnings guidance for the six months ended 30 June 2022. The Group is expected to record a loss for the shareholders of the Company for the six months ended 30 June 2022, significantly increasing as compared to the loss for the shareholders of RMB 72.966 million for the six months ended 30 June 2021, with expected net loss not exceeding RMB 550 million.
お知らせ • Jul 05Honghua Group Limited Announces Executive ChangesHonghua Group Limited announcement of the Company dated 29 June 2022, the composition of the Board is adjusted with the following resignations and appointments with effect from 4 July 2022: Mr. Ren Jie has tendered his resignation as Executive Director and member of Strategic Investment and Risk Control Committee of the Company, due to devoting more time to other business; Mr. Chen Wenle has tendered his resignation as Non-Executive Director due to work arrangement; Mr. Wang Xiuchang has tendered his resignation as Non-Executive Director due to work arrangement; Mr. Zhang Mi has tendered his resignation as member of Remuneration Committee, due to devoting more time to other business; and Mr. Chen Guoming has tendered his resignation as member of Nomination Committee, due to devoting more time to other business. Appointment of directors and Board Committee members: Mr. Zhu Hua ("Mr. Zhu") has been appointed as Executive Director and member of Strategic Investment and Risk Control Committee; Mr. Yang Yong("Mr. Yang") has been appointed as Non-Executive Director; and Mr. Zhang Shiju("Mr. Zhang") has been appointed as Independent Non-executive Director, member of the Audit Committee, Remuneration Committee and Nomination Committee. The biographical details of Mr. Zhu, Mr. Yang and Mr. Zhang are as follows: Mr. Zhu, aged 38, joined the DEC in 2009 and once served as a director, general manager and party secretary of MHI Power Dongfang Boiler Co. Ltd., a subsidiary of DEC. He once served as the deputy director of the boiler technology department, the deputy director of the product project management department, the director of the marketing center and the director of the thermal power marketing department of Dongfang Boiler Co. Ltd. Mr. Yang, aged 48, joined the DEC in 1998, and served as the chairman and party secretary of DEC (Chengdu) Hydrogen Fuel Cell Technology Co. Ltd., the vice president of Central Research Institute of DEC and Deputy General Manager of DEC Academy of Science and Technology Co. Ltd. Mr. Yang has extensive experience in corporate management. Mr. Zhang, aged 44, is currently a senior partner of Beijing Yingke Law Firm Shanghai Office. Mr. Zhang holds a master's degree in economic law from Nanjing University. He is a member of the Legal Counsel Professional Committee of the All-China Lawyers Association, an external expert of the Shanghai Technology Exchange Expert Think Tank, and a management consulting service expert of the Management Consulting Professional Committee of the China Enterprise Confederation. Mr. Jiang Fuhao ("Mr. Jiang") ceased to be the President of the Company due to work arrangement with effect from 4 July 2022. Mr. Zhu has been appointed as the Executive Vice President of the Company and is in charge of the scientific research and production and the daily operation and management of the Company, with effect from 4 July 2022. Mr. Luo Xiaoming ("Mr. Luo") has been appointed as the Vice President of the Company, responsible for the international operation and marketing management of the Company, with effect from 4 July 2022. Mr. Luo, aged 55, joined the DEC since 1992. He was the vice general manager of DEC International Cooperation Limited, Dongfang Electric Co., Ltd, International Engineering Branch and Dongfang Electric Co. Ltd., Import and Export Branch, respectively. Mr. Luo is experienced in international trade business. Mr. Luo obtained a bachelor's degree in thermal engineering from the thermal engineering department of Chongqing University in 1998 and holds a master's degree of engineering thermal physics from the power engineering department of Harbin Institute of Technology in 1992.
Reported Earnings • May 03Full year 2021 earnings released: CN¥0.14 loss per share (vs CN¥0.009 profit in FY 2020)Full year 2021 results: CN¥0.14 loss per share (down from CN¥0.009 profit in FY 2020). Revenue: CN¥2.94b (down 25% from FY 2020). Net loss: CN¥717.2m (down CN¥766.9m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Bin Wei was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 31Full year 2021 earnings released: CN¥0.14 loss per share (vs CN¥0.009 profit in FY 2020)Full year 2021 results: CN¥0.14 loss per share (down from CN¥0.009 profit in FY 2020). Revenue: CN¥2.94b (down 25% from FY 2020). Net loss: CN¥717.2m (down CN¥766.9m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 31Honghua Group Limited, Annual General Meeting, Jun 22, 2022Honghua Group Limited, Annual General Meeting, Jun 22, 2022.
お知らせ • Jan 30Honghua Group Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2021The Board of Honghua Group Limited announced that based on the unaudited consolidated management accounts of the Group for the year ended 31 December 2021 and the information currently available to the company, the Group is expected to record a loss attributable to the shareholders of the company ranging from RMB 700.00 million to RMB 800.00 million for the year ended 31 December 2021, as compared to the profit attributable to the shareholders of RMB 49.66 million for the year ended 31 December 2020. The expected loss for the year ended 31 December 2021 is primarily due to (1) the financial losses caused by the debt default of the Offshore Segment; (2) the continual spread of the COVID-19 pandemic leading to significant decline in international drilling equipment business while the new orders which were mainly signed in the fourth quarter which failing to make up the shortfall of the revenue for the period; (3) the decline of service prices and gross profit margins of its projects resulting from the customers' prudent measures on capital expenditures; and (4) the effects of impairment of other assets and reversal of deferred income tax assets.
Board Change • Dec 02Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Bin Wei was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Executive Departure • Dec 02Independent Non-Executive Director Chiu Kwok Poon has left the companyOn the 1st of December, Chiu Kwok Poon's tenure as Independent Non-Executive Director ended after 4.5 years in the role. We don't have any record of a personal shareholding under Chiu Kwok's name. Chiu Kwok is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.92 years.
Reported Earnings • Sep 04First half 2021 earnings released: CN¥0.014 loss per share (vs CN¥0.006 profit in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: CN¥1.55b (down 14% from 1H 2020). Net loss: CN¥73.0m (down 334% from profit in 1H 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.
Board Change • Sep 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Bin Wei was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 15Honghua Group Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2021The board of directors of Honghua Group Limited provided that based on the unaudited consolidated management accounts of the Company and its subsidiaries (the "Group") for the six months ended 30 June 2021 and the information currently available to the Company, the Group is expected to record net loss attributable to the shareholders of the Company ranging from RMB 30.00 million to RMB 70.00 million for the six months ended 30 June 2021, as compared to profit attributable to the shareholders of RMB 31.16 million for the six months ended 30 June 2020. The expected net loss for the six months ended 30 June 2021 is primarily due to the combined impact of the COVID-19 pandemic and the fluctuation in the international oil price. Major international oil companies made huge cuts in their capital expenditure. The exports of petroleum equipment (especially drilling rigs) of the Group which had advantages traditionally bore the brunt in terms of number of orders, and thus the operating revenue still recorded a year-on-year decrease despite proactive adjustment to the business structure during the year.
Reported Earnings • Apr 24Full year 2020 earnings released: EPS CN¥0.009 (vs CN¥0.02 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.93b (down 11% from FY 2019). Net income: CN¥49.7m (down 54% from FY 2019). Profit margin: 1.3% (down from 2.4% in FY 2019). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 30Full year 2020 earnings released: EPS CN¥0.009 (vs CN¥0.02 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.93b (down 11% from FY 2019). Net income: CN¥49.7m (down 54% from FY 2019). Profit margin: 1.3% (down from 2.4% in FY 2019). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
お知らせ • Mar 16Honghua Group Limited to Report Fiscal Year 2020 Results on Mar 29, 2021Honghua Group Limited announced that they will report fiscal year 2020 results on Mar 29, 2021
Reported Earnings • Sep 27First half earnings releasedOver the last 12 months the company has reported total profits of CN¥77.8m, down 71% from the prior year. Total revenue was CN¥4.18b over the last 12 months, down 18% from the prior year.
お知らせ • Aug 23Honghua Group Limited to Report First Half, 2020 Results on Aug 26, 2020Honghua Group Limited announced that they will report first half, 2020 results on Aug 26, 2020