| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
992 Overview
Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services.
Lenovo Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$8.23 |
| 52 Week High | HK$4.81 |
| 52 Week Low | HK$11.60 |
| Beta | 1.14 |
| 1 Month Change | 2.36% |
| 3 Month Change | -9.36% |
| 1 Year Change | 64.60% |
| 3 Year Change | 43.88% |
| 5 Year Change | 60.12% |
| Change since IPO | 1,596.91% |
Recent News & Updates
Shareholder Returns
| 992 | HK Tech | HK Market | |
|---|---|---|---|
| 7D | -2.5% | -1.5% | -0.9% |
| 1Y | 64.6% | 20.7% | 10.1% |
Return vs Industry: 992 exceeded the Hong Kong Tech industry which returned 20.7% over the past year.
Return vs Market: 992 exceeded the Hong Kong Market which returned 10.1% over the past year.
Price Volatility
| 992 volatility | |
|---|---|
| 992 Beta | 1.14 |
| Industry Beta | 1.37 |
| Market Beta | 1 |
Stable Share Price: 992 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 992's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 52,000 | Yuanqing Yang | https://www.lenovo.com |
Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group and Data Center 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 | |
|---|---|
| Market Cap | US$12.73b |
| Earnings (TTM) | US$1.39b |
| Revenue (TTM) | US$64.32b |
9.2x
P/E Ratio0.2x
P/S RatioIs 992 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 992 income statement (TTM) | |
|---|---|
| Revenue | US$64.32b |
| Cost of Revenue | US$53.77b |
| Gross Profit | US$10.55b |
| Expenses | US$9.16b |
| Earnings | US$1.39b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.12 |
| Gross Margin | 16.40% |
| Net Profit Margin | 2.16% |
| Debt/Equity Ratio | 96.1% |
How did 992 perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield34%
Payout RatioValuation
Is Lenovo Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 992 (HK$8.23) is trading below our estimate of fair value (HK$23.05)
Significantly Below Fair Value: 992 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 992's PE Ratio (9.2x) is in line with the Hong Kong Tech industry average.
PE vs Market: 992 is good value based on its PE Ratio (9.2x) compared to the Hong Kong market (9.8x).
Price to Earnings Growth Ratio
PEG Ratio: 992 is poor value based on its PEG Ratio (4.1x)
Price to Book Ratio
PB vs Industry: 992 is overvalued based on its PB Ratio (3.9x) compared to the HK Tech industry average (1.2x).
Future Growth
How is Lenovo Group forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
2.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 992's forecast earnings growth (2.2% per year) is above the savings rate (1.5%).
Earnings vs Market: 992's earnings (2.2% per year) are forecast to grow slower than the Hong Kong market (17.1% per year).
High Growth Earnings: 992's earnings are forecast to grow, but not significantly.
Revenue vs Market: 992's revenue (3% per year) is forecast to grow slower than the Hong Kong market (12.3% per year).
High Growth Revenue: 992's revenue (3% 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 (27%)
Past Performance
How has Lenovo Group performed over the past 5 years?
32.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 992 has high quality earnings.
Growing Profit Margin: 992's current net profit margins (2.2%) are higher than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: 992 has become profitable over the past 5 years, growing earnings by 32.2% per year.
Accelerating Growth: 992's earnings growth over the past year (94.1%) exceeds its 5-year average (32.2% per year).
Earnings vs Industry: 992 earnings growth over the past year (94.1%) exceeded the Tech industry 73.4%.
Return on Equity
High ROE: 992's Return on Equity (37.3%) is considered high.
Financial Health
How is Lenovo Group's financial position?
Financial Position Analysis
Short Term Liabilities: 992's short term assets ($25.5B) do not cover its short term liabilities ($29.2B).
Long Term Liabilities: 992's short term assets ($25.5B) exceed its long term liabilities ($7.1B).
Debt to Equity History and Analysis
Debt Level: 992's debt to equity ratio (96.1%) is considered high.
Reducing Debt: 992's debt to equity ratio has reduced from 97.4% to 96.1% over the past 5 years.
Debt Coverage: 992's debt is well covered by operating cash flow (94.6%).
Interest Coverage: 992's interest payments on its debt are well covered by EBIT (11.8x coverage).
Balance Sheet
Dividend
What is Lenovo Group current dividend yield, its reliability and sustainability?
3.71%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 992's dividend (3.71%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).
High Dividend: 992's dividend (3.71%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).
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.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.6%), 992's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 992's dividends in 3 years are forecast to be well covered by earnings (34.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Yuanqing Yang (56 yo)
12.58yrs
Tenure
US$26,166,000
Compensation
Mr. Yuanqing Yang has been the Chairman and Chief Executive Officer of Lenovo Group Limited since April 30, 2005 and February 5, 2009 respectively. Mr. Yang serves as Executive Director of Lenovo Group sin...
CEO Compensation Analysis
Compensation vs Market: Yuanqing's total compensation ($USD26.17M) is above average for companies of similar size in the Hong Kong market ($USD1.02M).
Compensation vs Earnings: Yuanqing's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 992's management team is considered experienced (4.8 years average tenure).
Board Members
Experienced Board: 992's board of directors are considered experienced (8.5 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Lenovo Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Lenovo Group Limited
- Ticker: 992
- Exchange: SEHK
- Founded: 1984
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: HK$99.103b
- Shares outstanding: 12.04b
- Website: https://www.lenovo.com
Number of Employees
Location
- Lenovo Group Limited
- Lincoln House
- 23rd Floor
- Quarry Bay
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/24 15:28 |
| End of Day Share Price | 2021/09/24 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/03/31 |
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.