Executive Summary
Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People’s Republic of China and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with proven track record.
Similar Companies
Share Price & News
How has Hengan International Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1044's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-3.0%
1044
-1.6%
HK Personal Products
1.2%
HK Market
1 Year Return
3.1%
1044
-4.7%
HK Personal Products
2.3%
HK Market
Return vs Industry: 1044 exceeded the Hong Kong Personal Products industry which returned -4.7% over the past year.
Return vs Market: 1044 matched the Hong Kong Market which returned 2.3% over the past year.
Shareholder returns
| 1044 | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.0% | -1.6% | 1.2% |
| 30 Day | -2.4% | -0.6% | 7.0% |
| 90 Day | -17.8% | -11.6% | 3.6% |
| 1 Year | 7.8%3.1% | -1.3%-4.7% | 6.6%2.3% |
| 3 Year | -18.3%-27.9% | -19.2%-27.2% | -4.7%-15.1% |
| 5 Year | -21.3%-35.9% | -24.4%-36.5% | 19.1%-1.1% |
Price Volatility Vs. Market
How volatile is Hengan International Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here's Why I Think Hengan International Group (HKG:1044) Might Deserve Your Attention Today2 weeks ago | Simply Wall St
Hengan International Group Company Limited (HKG:1044) Is Yielding 4.6% - But Is It A Buy?4 weeks ago | Simply Wall St
Are Insiders Buying Hengan International Group Company Limited (HKG:1044) Stock?Valuation
Is Hengan International Group undervalued compared to its fair value and its price relative to the market?
12.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1044 (HK$53.85) is trading below our estimate of fair value (HK$61.39)
Significantly Below Fair Value: 1044 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 1044 is poor value based on its PE Ratio (12.9x) compared to the HK Personal Products industry average (12.5x).
PE vs Market: 1044 is poor value based on its PE Ratio (12.9x) compared to the Hong Kong market (11.1x).
Price to Earnings Growth Ratio
PEG Ratio: 1044 is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: 1044 is overvalued based on its PB Ratio (3x) compared to the HK Personal Products industry average (1.1x).
Next Steps
Future Growth
How is Hengan International Group forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
5.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1044's forecast earnings growth (5% per year) is above the savings rate (1.6%).
Earnings vs Market: 1044's earnings (5% per year) are forecast to grow slower than the Hong Kong market (22.2% per year).
High Growth Earnings: 1044's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1044's revenue (6.3% per year) is forecast to grow slower than the Hong Kong market (13.3% per year).
High Growth Revenue: 1044's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1044's Return on Equity is forecast to be high in 3 years time (22.6%)
Next Steps
Past Performance
How has Hengan International Group performed over the past 5 years?
5.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1044 has high quality earnings.
Growing Profit Margin: 1044's current net profit margins (18.9%) are higher than last year (17.6%).
Past Earnings Growth Analysis
Earnings Trend: 1044's earnings have grown by 5.1% per year over the past 5 years.
Accelerating Growth: 1044's earnings growth over the past year (14.9%) exceeds its 5-year average (5.1% per year).
Earnings vs Industry: 1044 earnings growth over the past year (14.9%) underperformed the Personal Products industry 14.9%.
Return on Equity
High ROE: Whilst 1044's Return on Equity (22.7%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Hengan International Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1044's short term assets (CN¥38.0B) exceed its short term liabilities (CN¥30.9B).
Long Term Liabilities: 1044's short term assets (CN¥38.0B) exceed its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 1044's debt to equity ratio (155.6%) is considered high.
Reducing Debt: 1044's debt to equity ratio has increased from 108.9% to 155.6% over the past 5 years.
Debt Coverage: 1044's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: 1044 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Hengan International Group current dividend yield, its reliability and sustainability?
4.84%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1044's dividend (4.84%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.24%).
High Dividend: 1044's dividend (4.84%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).
Stability and Growth of Payments
Stable Dividend: 1044's dividends per share have been stable in the past 10 years.
Growing Dividend: 1044's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68%), 1044's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1044's dividends in 3 years are forecast to be covered by earnings (75.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.9yrs
Average management tenure
CEO
Lin Chit Hui (67 yo)
no data
Tenure
CN¥1,937,000
Compensation
Mr. Lin Chit Hui (formerly known as Hui Chi Lin) serves as a Deputy Chairman and Chief Executive Officer of Hengan International Group Company Limited and has been its Executive Director since August 26, 1 ...
CEO Compensation Analysis
Compensation vs Market: Lin Chit's total compensation ($USD289.68K) is below average for companies of similar size in the Hong Kong market ($USD591.46K).
Compensation vs Earnings: Lin Chit's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | no data | CN¥403.00k | 20.04% CN¥ 12.8b | |
| Executive Deputy Chairman & CEO | no data | CN¥1.94m | 22.32% CN¥ 14.3b | |
| CEO of Capital Operation & Investment Management Department and Executive Director | 22.17yrs | CN¥1.38m | 0.97% CN¥ 621.4m | |
| Executive Director | 22.17yrs | CN¥56.00k | no data | |
| CFO, Company Secretary & Executive Director | 3.58yrs | CN¥1.45m | no data | |
| COO, CEO of Operation Service Centre | 10.33yrs | CN¥1.43m | 0.0028% CN¥ 1.8m | |
| Head of Purchasing Tender Assignments & Executive Director | 22.17yrs | CN¥186.00k | 0.0042% CN¥ 2.7m | |
| Operation Management Dept. Director | 10.33yrs | CN¥1.13m | 0.0034% CN¥ 2.2m | |
| Executive Director | 10.33yrs | CN¥56.00k | 0.072% CN¥ 45.9m | |
| Deputy Chief Executive Officer of Services Sharing Center | 4.08yrs | no data | no data | |
| Chief Executive Officer of Purchase and Trade Department | no data | no data | no data | |
| Chief Business Consultant | no data | CN¥120.00k | no data |
3.9yrs
Average Tenure
51.5yo
Average Age
Experienced Management: 1044's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | no data | CN¥403.00k | 20.04% CN¥ 12.8b | |
| Executive Deputy Chairman & CEO | no data | CN¥1.94m | 22.32% CN¥ 14.3b | |
| CEO of Capital Operation & Investment Management Department and Executive Director | 22.17yrs | CN¥1.38m | 0.97% CN¥ 621.4m | |
| Executive Director | 22.17yrs | CN¥56.00k | no data | |
| CFO, Company Secretary & Executive Director | 3.58yrs | CN¥1.45m | no data | |
| COO, CEO of Operation Service Centre | 10.33yrs | CN¥1.43m | 0.0028% CN¥ 1.8m | |
| Head of Purchasing Tender Assignments & Executive Director | 22.17yrs | CN¥186.00k | 0.0042% CN¥ 2.7m | |
| Operation Management Dept. Director | 10.33yrs | CN¥1.13m | 0.0034% CN¥ 2.2m | |
| Executive Director | 10.33yrs | CN¥56.00k | 0.072% CN¥ 45.9m | |
| Independent Non-Executive Director | 22yrs | CN¥106.00k | no data | |
| Independent Non-Executive Director | 22yrs | CN¥106.00k | no data | |
| Independent Non-Executive Director | 7.75yrs | CN¥106.00k | no data |
16.2yrs
Average Tenure
53.5yo
Average Age
Experienced Board: 1044's board of directors are seasoned and experienced ( 16.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Hengan International Group Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hengan International Group Company Limited
- Ticker: 1044
- Exchange: SEHK
- Founded: 1985
- Industry: Personal Products
- Sector: Household
- Market Cap: HK$64.065b
- Shares outstanding: 1.19b
- Website: https://www.hengan.com
Number of Employees
Location
- Hengan International Group Company Limited
- Hengan Industrial City
- Anhai Town
- Jinjiang
- Fujian Province
- 362261
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HEGI.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 1998 |
| HGNC | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 1998 |
| 1044 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Dec 1998 |
| 1044 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Dec 1998 |
| 1044 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Dec 1998 |
| HEGI.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Nov 2008 |
Biography
Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People’s Republic of China and internationally. The company ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/25 12:43 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.