Announcement • Jun 30
Hangcha Group Co., Ltd to Report First Half, 2026 Results on Aug 26, 2026 Hangcha Group Co., Ltd announced that they will report first half, 2026 results on Aug 26, 2026 Declared Dividend • May 25
Dividend of CN¥0.40 announced Shareholders will receive a dividend of CN¥0.40. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 2.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 16% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Ya Er Zhu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 22
Hangcha Group Co., Ltd, Annual General Meeting, May 12, 2026 Hangcha Group Co., Ltd, Annual General Meeting, May 12, 2026, at 14:00 China Standard Time. Location: 3F, Building 9, No. 2799, Dayuan Road, Lin'an District, Hangzhou, Zhejiang China Announcement • Mar 30
Hangcha Group Co., Ltd to Report Q1, 2026 Results on Apr 24, 2026 Hangcha Group Co., Ltd announced that they will report Q1, 2026 results on Apr 24, 2026 Announcement • Mar 27
Hangcha Group Introduces EZGO Mini Pallet AMR At LogiMAT 2026 Hangcha Group introduced its latest innovation, the EZGO Mini Pallet AMR, at Booth 9D61. The EZGO Mini Pallet AMR is designed for quick setup using SLAM-based 3D LiDAR navigation, enabling operation without major site modifications. Under typical conditions, the system can be deployed within approximately 15 minutes, making it suitable for facilities with frequently changing workflows. With support for multi-tasking and multi-vehicle coordination, the system can adapt to varying operational demands. Integrated LiDAR and vision-based technologies enhance obstacle detection and navigation performance. The unit is powered by a lithium battery offering approximately 4–5 hours of runtime, with fast charging capability of around one hour. Key Specifications: Load capacity: 2,000 kg; Navigation: 3D LiDAR SLAM (markerless); Positioning accuracy: ±15 mm; Battery: 48V/30Ah lithium. The mini pallet truck underwent mechanical, stability, and electrical testing. The results confirmed that the product meets relevant requirements of the CE Machinery Directive. A logistics professional attending the exhibition noted that the rapid deployment capability could support automation in environments with frequently changing production layouts. A video case study from a hardware manufacturer currently using the system is available online. In addition to the EZGO, Hangcha is showcasing a broad portfolio of intelligent logistics and new energy solutions, including high-voltage lithium forklifts, rough-terrain handlers, and AGVs designed to meet practical operational requirements. Announcement • Dec 26
Hangcha Group Co., Ltd to Report Fiscal Year 2025 Results on Apr 22, 2026 Hangcha Group Co., Ltd announced that they will report fiscal year 2025 results on Apr 22, 2026 Announcement • Sep 30
Hangcha Group Co., Ltd to Report Q3, 2025 Results on Oct 23, 2025 Hangcha Group Co., Ltd announced that they will report Q3, 2025 results on Oct 23, 2025 Announcement • Jun 30
Hangcha Group Co., Ltd to Report First Half, 2025 Results on Aug 22, 2025 Hangcha Group Co., Ltd announced that they will report first half, 2025 results on Aug 22, 2025 Announcement • Apr 18
Hangcha Group Co., Ltd, Annual General Meeting, May 08, 2025 Hangcha Group Co., Ltd, Annual General Meeting, May 08, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Announcement • Mar 28
Hangcha Group Co., Ltd to Report Q1, 2025 Results on Apr 22, 2025 Hangcha Group Co., Ltd announced that they will report Q1, 2025 results on Apr 22, 2025 Announcement • Dec 27
Hangcha Group Co., Ltd to Report Fiscal Year 2024 Results on Apr 18, 2025 Hangcha Group Co., Ltd announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.40 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.43 (up from CN¥0.40 in 3Q 2023). Revenue: CN¥4.18b (down 2.7% from 3Q 2023). Net income: CN¥566.3m (up 8.3% from 3Q 2023). Profit margin: 14% (up from 12% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery 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 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥17.60, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Machinery industry in China. Total returns to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥21.74, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Machinery industry in China. Total returns to shareholders of 102% over the past three years. Announcement • Sep 30
Hangcha Group Co., Ltd to Report Q3, 2024 Results on Oct 22, 2024 Hangcha Group Co., Ltd announced that they will report Q3, 2024 results on Oct 22, 2024 New Risk • Sep 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.6% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: CN¥0.49 (vs CN¥0.37 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.49 (up from CN¥0.37 in 2Q 2023). Revenue: CN¥4.38b (up 2.1% from 2Q 2023). Net income: CN¥628.0m (up 28% from 2Q 2023). Profit margin: 14% (up from 11% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Hangcha Group Co., Ltd to Report First Half, 2024 Results on Aug 20, 2024 Hangcha Group Co., Ltd announced that they will report first half, 2024 results on Aug 20, 2024 Buy Or Sell Opportunity • May 20
Now 21% undervalued Over the last 90 days, the stock has risen 12% to CN¥30.68. The fair value is estimated to be CN¥38.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 34% in the next 2 years. Buy Or Sell Opportunity • Apr 22
Now 21% undervalued Over the last 90 days, the stock has risen 27% to CN¥30.91. The fair value is estimated to be CN¥38.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥1.86 (vs CN¥1.14 in FY 2022) Full year 2023 results: EPS: CN¥1.86 (up from CN¥1.14 in FY 2022). Revenue: CN¥16.3b (up 13% from FY 2022). Net income: CN¥1.72b (up 74% from FY 2022). Profit margin: 11% (up from 6.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Machinery 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 13% per year, which means it is significantly lagging earnings growth. Announcement • Apr 19
Hangcha Group Co., Ltd, Annual General Meeting, May 10, 2024 Hangcha Group Co., Ltd, Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Announcement • Mar 29
Hangcha Group Co., Ltd to Report Q1, 2024 Results on Apr 23, 2024 Hangcha Group Co., Ltd announced that they will report Q1, 2024 results on Apr 23, 2024 Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥26.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Machinery industry in China. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.73 per share. Announcement • Dec 29
Hangcha Group Co., Ltd to Report Fiscal Year 2023 Results on Apr 18, 2024 Hangcha Group Co., Ltd announced that they will report fiscal year 2023 results on Apr 18, 2024 Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥20.70, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Machinery 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¥36.67 per share. Reported Earnings • Oct 18
Third quarter 2023 earnings released: EPS: CN¥0.56 (vs CN¥0.33 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.56 (up from CN¥0.33 in 3Q 2022). Revenue: CN¥4.29b (up 12% from 3Q 2022). Net income: CN¥523.0m (up 80% from 3Q 2022). Profit margin: 12% (up from 7.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Hangcha Group Co., Ltd to Report Q3, 2023 Results on Oct 18, 2023 Hangcha Group Co., Ltd announced that they will report Q3, 2023 results on Oct 18, 2023 Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.52 (vs CN¥0.31 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.52 (up from CN¥0.31 in 2Q 2022). Revenue: CN¥4.29b (up 9.5% from 2Q 2022). Net income: CN¥490.3m (up 84% from 2Q 2022). Profit margin: 11% (up from 6.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery 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 12% per year. Announcement • Jun 28
Hangcha Group Co., Ltd to Report First Half, 2023 Results on Aug 18, 2023 Hangcha Group Co., Ltd announced that they will report first half, 2023 results on Aug 18, 2023 Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥22.87, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 154% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥34.23 per share. Reported Earnings • Apr 20
Full year 2022 earnings released: EPS: CN¥1.14 (vs CN¥1.05 in FY 2021) Full year 2022 results: EPS: CN¥1.14 (up from CN¥1.05 in FY 2021). Revenue: CN¥14.4b (flat on FY 2021). Net income: CN¥987.8m (up 8.7% from FY 2021). Profit margin: 6.9% (up from 6.3% in FY 2021). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Machinery 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 31% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥22.42, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Machinery industry in China. Total returns to shareholders of 156% over the past three years. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Jian Shou was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 24
Third quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.27 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.27 in 3Q 2021). Revenue: CN¥3.84b (up 5.6% from 3Q 2021). Net income: CN¥290.2m (up 24% from 3Q 2021). Profit margin: 7.6% (up from 6.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥14.26, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.52 per share. Reported Earnings • Aug 19
Second quarter 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.33 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.31 (down from CN¥0.33 in 2Q 2021). Revenue: CN¥3.92b (down 2.3% from 2Q 2021). Net income: CN¥265.9m (down 6.4% from 2Q 2021). Profit margin: 6.8% (down from 7.1% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 15%, compared to a 35% growth forecast for the Machinery 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 21% per year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 09
Full year 2021 earnings released: EPS: CN¥1.05 (vs CN¥0.97 in FY 2020) Full year 2021 results: EPS: CN¥1.05 (up from CN¥0.97 in FY 2020). Revenue: CN¥14.5b (up 27% from FY 2020). Net income: CN¥908.5m (up 8.4% from FY 2020). Profit margin: 6.3% (down from 7.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 12%, compared to a 29% growth forecast for the 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 only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 21
Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.25 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥3.64b (up 18% from 3Q 2020). Net income: CN¥233.9m (up 8.1% from 3Q 2020). Profit margin: 6.4% (down from 7.0% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 28% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.29 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥4.01b (up 30% from 2Q 2020). Net income: CN¥284.0m (up 10% from 2Q 2020). Profit margin: 7.1% (down from 8.4% in 2Q 2020). The decrease in margin was driven by higher expenses. 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 28% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 10
Full year 2020 earnings released: EPS CN¥0.97 (vs CN¥0.74 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥11.5b (up 29% from FY 2019). Net income: CN¥837.9m (up 30% from FY 2019). Profit margin: 7.3% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥25.03, the stock is trading at a trailing P/E ratio of 25.8x, up from the previous P/E ratio of 21.5x. This compares to an average P/E of 34x in the Machinery industry in China. Total returns to shareholders over the past three years are 150%. Is New 90 Day High Low • Feb 20
New 90-day high: CN¥23.34 The company is up 12% from its price of CN¥20.89 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥25.85 per share. Is New 90 Day High Low • Dec 21
New 90-day high: CN¥22.35 The company is up 46% from its price of CN¥15.28 on 23 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥26.07 per share. Is New 90 Day High Low • Nov 05
New 90-day high: CN¥21.02 The company is up 52% from its price of CN¥13.85 on 07 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.79 per share. Analyst Estimate Surprise Post Earnings • Oct 20
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 33% at CN¥2.94b. Revenue is forecast to grow 1.6% over the next year, compared to a 43% growth forecast for the Machinery industry in China. Reported Earnings • Oct 20
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥793.1m, up 33% from the prior year. Total revenue was CN¥10.3b over the last 12 months, up 18% from the prior year. Is New 90 Day High Low • Oct 13
New 90-day high: CN¥17.68 The company is up 43% from its price of CN¥12.38 on 15 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥74.91 per share.