992 Stock Overview
Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services.
992 passed our risk checks.
Lenovo Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$5.37|
|52 Week High||HK$9.65|
|52 Week Low||HK$5.28|
|1 Month Change||-13.94%|
|3 Month Change||-25.52%|
|1 Year Change||-41.57%|
|3 Year Change||-1.29%|
|5 Year Change||22.88%|
|Change since IPO||1,007.22%|
Recent News & Updates
Do Lenovo Group's (HKG:992) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Is Lenovo Group (HKG:992) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
|992||HK Tech||HK Market|
Return vs Industry: 992 exceeded the Hong Kong Tech industry which returned -53.8% over the past year.
Return vs Market: 992 underperformed the Hong Kong Market which returned -28.8% over the past year.
|992 Average Weekly Movement||4.6%|
|Tech Industry Average Movement||5.1%|
|Market Average Movement||6.5%|
|10% most volatile stocks in HK Market||12.7%|
|10% least volatile stocks in HK Market||3.1%|
Stable Share Price: 992 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 992's weekly volatility (5%) has been stable over the past year.
About the Company
Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.
Lenovo Group Fundamentals Summary
|992 fundamental statistics|
Is 992 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|992 income statement (TTM)|
|Cost of Revenue||US$59.55b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.17|
|Net Profit Margin||2.90%|
How did 992 perform over the long term?See historical performance and comparison
7.1%Current Dividend Yield
Is 992 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 992?
Other financial metrics that can be useful for relative valuation.
|What is 992's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 992's PE Ratio compare to its peers?
|992 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
3396 Legend Holdings
2385 Readboy Education Holding
2308 EVOC Intelligent Technology
992 Lenovo Group
Price-To-Earnings vs Peers: 992 is good value based on its Price-To-Earnings Ratio (4x) compared to the peer average (65x).
Price to Earnings Ratio vs Industry
How does 992's PE Ratio compare vs other companies in the Asian Tech Industry?
Price-To-Earnings vs Industry: 992 is good value based on its Price-To-Earnings Ratio (4x) compared to the Asian Tech industry average (13.2x)
Price to Earnings Ratio vs Fair Ratio
What is 992's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||4x|
|Fair PE Ratio||9.4x|
Price-To-Earnings vs Fair Ratio: 992 is good value based on its Price-To-Earnings Ratio (4x) compared to the estimated Fair Price-To-Earnings Ratio (9.4x).
Share Price vs Fair Value
What is the Fair Price of 992 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 992 (HK$5.37) is trading below our estimate of fair value (HK$24.42)
Significantly Below Fair Value: 992 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Lenovo Group forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 992's forecast earnings growth (5.9% per year) is above the savings rate (1.6%).
Earnings vs Market: 992's earnings (5.9% per year) are forecast to grow slower than the Hong Kong market (16.8% per year).
High Growth Earnings: 992's earnings are forecast to grow, but not significantly.
Revenue vs Market: 992's revenue (3.6% per year) is forecast to grow slower than the Hong Kong market (9.7% per year).
High Growth Revenue: 992's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 992's Return on Equity is forecast to be high in 3 years time (28.6%)
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How has Lenovo Group performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 992 has high quality earnings.
Growing Profit Margin: 992's current net profit margins (2.9%) are higher than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: 992's earnings have grown significantly by 49.3% per year over the past 5 years.
Accelerating Growth: 992's earnings growth over the past year (49.7%) exceeds its 5-year average (49.3% per year).
Earnings vs Industry: 992 earnings growth over the past year (49.7%) exceeded the Tech industry -11%.
Return on Equity
High ROE: 992's Return on Equity (39.4%) is considered high.
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How is Lenovo Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 992's short term assets ($29.1B) do not cover its short term liabilities ($33.0B).
Long Term Liabilities: 992's short term assets ($29.1B) exceed its long term liabilities ($5.7B).
Debt to Equity History and Analysis
Debt Level: 992 has more cash than its total debt.
Reducing Debt: 992's debt to equity ratio has reduced from 68% to 61.8% over the past 5 years.
Debt Coverage: 992's debt is well covered by operating cash flow (116.7%).
Interest Coverage: 992's interest payments on its debt are well covered by EBIT (17x coverage).
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What is Lenovo Group current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Lenovo Group Dividend Yield vs Market|
|Company (Lenovo Group)||7.1%|
|Market Bottom 25% (HK)||3.1%|
|Market Top 25% (HK)||9.0%|
|Industry Average (Tech)||3.6%|
|Analyst forecast in 3 Years (Lenovo Group)||8.9%|
Notable Dividend: 992's dividend (7.08%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.01%).
High Dividend: 992's dividend (7.08%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.95%).
Stability and Growth of Payments
Stable Dividend: 992's dividends per share have been stable in the past 10 years.
Growing Dividend: 992's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.2%), 992's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.3%), 992's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yuanqing Yang (57 yo)
Mr. Yuanqing Yang has been the Chairman and Chief Executive Officer of Lenovo Group Limited since April 30, 2005 and February 5, 2009 respectively. Mr. Yang serves as Executive Director of Lenovo Group sin...
CEO Compensation Analysis
|Yuanqing Yang's Compensation vs Lenovo Group Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||US$27m||US$1m|
|Dec 31 2021||n/a||n/a|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||US$28m||US$1m|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||US$25m||US$1m|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||US$15m||US$1m|
|Dec 31 2018||n/a||n/a|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||US$19m||US$1m|
|Dec 31 2017||n/a||n/a|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||US$19m||US$1m|
|Dec 31 2016||n/a||n/a|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||US$23m||US$1m|
Compensation vs Market: Yuanqing's total compensation ($USD27.29M) is above average for companies of similar size in the Hong Kong market ($USD731.00K).
Compensation vs Earnings: Yuanqing's compensation has been consistent with company performance over the past year.
Experienced Management: 992's management team is seasoned and experienced (5.9 years average tenure).
Experienced Board: 992's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 992 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|26 Aug 22||BuyHK$63,071,838||JPMorgan Chase & Co, Private Banking and Investment Banking Investments||Company||9,225,889||HK$6.84|
|26 Aug 22||SellHK$2,582,720,892||JPMorgan Chase & Co, Private Banking and Investment Banking Investments||Company||377,789,790||HK$6.84|
|25 Aug 22||SellHK$611,332,356||JPMorgan Chase & Co, Private Banking and Investment Banking Investments||Company||91,110,351||HK$6.71|
|23 Aug 22||BuyHK$60,176,514||BlackRock, Inc.||Company||8,656,000||HK$6.95|
|19 Aug 22||BuyHK$1,548,319,285||JPMorgan Chase & Co, Private Banking and Investment Banking Investments||Company||216,772,412||HK$7.14|
|19 Aug 22||BuyHK$1,235,337||William Grabe||Individual||172,521||HK$7.16|
|19 Aug 22||BuyHK$357,166||Chih-Yuan Yang||Individual||49,880||HK$7.16|
|19 Aug 22||BuyHK$373,742||William Tudor Brown||Individual||52,195||HK$7.16|
|19 Aug 22||BuyHK$284,923||Gordon Robert-Halyburton Orr||Individual||39,791||HK$7.16|
|17 Aug 22||BuyHK$1,254,121,541||JPMorgan Chase & Co, Private Banking and Investment Banking Investments||Company||181,841,158||HK$6.90|
|22 Jul 22||BuyHK$21,724,239||BlackRock, Inc.||Company||2,956,000||HK$7.35|
|27 Jun 22||SellHK$5,608,216||Linan Zhu||Individual||735,986||HK$7.62|
|24 Jun 22||SellHK$1,071,402||Linan Zhu||Individual||145,769||HK$7.35|
|23 Jun 22||SellHK$1,047,960||Linan Zhu||Individual||142,000||HK$7.38|
|22 Jun 22||SellHK$1,638,676||Linan Zhu||Individual||224,169||HK$7.31|
|23 May 22||SellHK$21,209,905||BlackRock, Inc.||Company||2,699,766||HK$7.86|
|27 Apr 22||SellHK$13,410,120||BlackRock, Inc.||Company||1,844,000||HK$7.27|
|30 Mar 22||SellHK$30,505,002||Union Star Limited||Company||3,564,000||HK$8.56|
|22 Mar 22||SellHK$50,406,819||Right Lane Limited||Company||6,307,317||HK$7.99|
|28 Feb 22||SellHK$115,234,664||Union Star Limited||Company||13,200,000||HK$8.73|
|07 Jan 22||SellHK$30,671,659||Yuanqing Yang||Individual||3,456,000||HK$8.87|
|06 Jan 22||SellHK$40,735,783||Yuanqing Yang||Individual||4,590,000||HK$8.87|
|05 Jan 22||SellHK$66,816,955||Yuanqing Yang||Individual||7,354,000||HK$9.09|
|04 Jan 22||SellHK$23,235,428||Yuanqing Yang||Individual||2,600,000||HK$8.94|
|21 Dec 21||BuyHK$318,833||William Grabe||Individual||36,006||HK$8.85|
|21 Dec 21||BuyHK$93,119||Chih-Yuan Yang||Individual||10,516||HK$8.85|
|21 Dec 21||BuyHK$98,707||William Tudor Brown||Individual||11,147||HK$8.85|
|21 Dec 21||BuyHK$75,250||Gordon Robert-Halyburton Orr||Individual||8,498||HK$8.85|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Lenovo Group Limited's employee growth, exchange listings and data sources
- Name: Lenovo Group Limited
- Ticker: 992
- Exchange: SEHK
- Founded: 1984
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Implied Market Cap: HK$65.128b
- Shares outstanding: 12.13b
- Website: https://www.lenovo.com
Number of Employees
- Lenovo Group Limited
- Lincoln House
- 23rd Floor
- Quarry Bay
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LNVG.F||OTCPK (Pink Sheets LLC)||Yes||Voting Ordinary Shares||US||USD||Feb 1994|
|992||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Voting Ordinary Shares||HK||HKD||Feb 1994|
|LHL||DB (Deutsche Boerse AG)||Yes||Voting Ordinary Shares||DE||EUR||Feb 1994|
|992||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Voting Ordinary Shares||HK||HKD||Feb 1994|
|LEN||SWX (SIX Swiss Exchange)||Yes||Voting Ordinary Shares||CH||CHF||Feb 1994|
|992||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Voting Ordinary Shares||HK||HKD||Feb 1994|
|LNVG.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Apr 1995|
|LHL1||DB (Deutsche Boerse AG)||SPONSORED ADR||DE||EUR||Apr 1995|
|LHL1||BST (Boerse-Stuttgart)||SPONSORED ADR||DE||EUR||Apr 1995|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/03 00:00|
|End of Day Share Price||2022/10/03 00:00|
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.