Shareholders in Hengan International Group (HKG:1044) Are in the Red If They Invested Five Years Ago
HENGAN INT'L (01044) has been approved to issue debt financing instruments of no more than 7.5 billion yuan.
HENGAN INT'L (01044) announced that the company submitted an application to the Bank Of China Interbank Market Dealers Association in December 2024...
Zhithong Hong Kong Stock Shareholder Equity Disclosure | January 20
Hong Kong stock Shareholder equity disclosure | January 20
UBS Group: Assigns a Buy rating for HENGAN INT'L, with the Target Price lowered to 28.1 HKD.
UBS Group released a research report stating that it has given HENGAN INT'L (01044) a "Buy" rating, while reducing the earnings forecast for 2024 to 2026 by 10% to 17% to reflect last year's weak performance and the operational outlook for this year. The Target Price has been lowered from HKD 31.3 to HKD 28.1. The management of HENGAN INT'L recently attended the UBS Group Greater China seminar held in Shanghai, where they discussed last year's sales performance, specifically mentioning that due to intense competition in the tissue and sanitary napkin Industry, the sales growth of toilet paper and sanitary napkins in the second half of last year may have narrowed by over 3% and over 4%, respectively. It is stated that, in terms of sales volume, HENGAN holds a market share in the tissue market.
Hengan International Group Company Limited (HKG:1044) Senior Key Executive Lin Chit Hui, the Company's Largest Shareholder Sees 7.1%reduction in Holdings Value
China Galaxy Securities: The papermaking industry is at the bottom of the recovery cycle, pay attention to the performance of downstream demand.
The current state of the Papermaking industry is recovering from the bottom. There is a reduction in the supply of pulp and paper, while demand for recycled paper is warming up during the peak season. Price increase notices are continuously being implemented, resulting in price hikes.
Hengan International Group (HKG:1044) May Have Issues Allocating Its Capital
Citi: Maintains hengan int'l 'Neutral' rating, target price lowered to 21.1 HKD.
Citi's research report states that it maintains a "neutral" rating on Hengan International (01044), lowering the net profit forecast for 2024 to 2026 by 15% to 17% to reflect weakening sales and profit prospects in the industry downturn and intense price competition. The target price is lowered from HK$25 to HK$21.1, equivalent to a forecast PE ratio of 9 times next year. The bank mentioned that it recently met with Hengan International management and believes that due to intense price competition, operational deleveraging, and reduced government subsidies, the company's sales and profit margins in the second half of the year will be more challenging than the first half. However, the management maintains the fixed annual dividend at HK$1 per share.
Hong Kong stock concept tracking | The Ministry of Commerce will introduce a batch of new policies in the consumer sector. Institutions are bullish on the growth of paper demand brought about by the recovery in consumer spending (with concept stocks)
The Ministry of Commerce will work with relevant departments to introduce a batch of new policies in the consumer sector.
Hengan International Group Company Limited's (HKG:1044) Intrinsic Value Is Potentially 75% Above Its Share Price
CITIC Securities: The contradiction between supply and demand in the pulp and paper industry continues to be under pressure, with prices continuously declining.
Currently, the demand side of the pulp and paper industry is weak, coupled with concentrated capacity release, the supply-demand contradiction continues to be under pressure, and prices continue to decline.
Hengan International Group (HKG:1044) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Five Years, but the Stock Advances 6.4% This Past Week
HENGAN INT'L: Interim Report 2024
Hengan International Group Company Limited Goes Ex Dividend Tomorrow
Be Wary Of Hengan International Group (HKG:1044) And Its Returns On Capital
Hengan International Group Company Limited (HKG:1044) Just Released Its Half-Yearly Earnings: Here's What Analysts Think
Bocom Int'l: Lowered Hengan Int'l's target price to 27.01 Hong Kong dollars, and downgraded the rating to "Neutral".
Bocom International released a research report stating that considering the industry valuation is at a level of one standard deviation below the three-year average, the target price of Hengan International (01044) has been lowered to HKD 27.01 with a rating downgrade to 'Neutral.' Due to intensifying competition and short-term uncertainty in revenue growth, the bank lowered its earnings per share expectations. The report stated that the company's revenue growth will continue to be under pressure in the short term due to competition and continued promotional expenses in the second half of the year. With sustained positive feedback from high-end products combined with a continued decrease in raw material costs, the gross margin is expected to continue its improving trend in the second half of the year. Hengan's sales in the first half of 2024 are expected to decrease by 3% year-on-year.
Bocom Intl. has downgraded hengan int'l (01044) target price to 27.01 Hong Kong dollars, and the rating is downgraded to 'neutral'.
Hengan Int'l (01044) distributed a mid-year dividend of RMB 0.7 per share, with a dividend payout ratio of 56.7%.
HENGAN INTL To Go Ex-Dividend On September 10th, 2024 With 0.49021 USD Dividend Per Share
Hengan International Unlikely to Post Earnings Turnaround Amid Price Competition -- Market Talk