01044 HENGAN INT'L
- 21.800
- -0.100-0.46%
HENGAN INT'L News
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
HK stocks abnormal movement | Hengan Int'l (01044) fell more than 6%. Citigroup pointed out that its interim performance was lower than expected and its target price was lowered by several major banks.
Hengan Int'l (01044) fell more than 6%, as of press time, it fell by 6.07% to HKD 24, with a turnover of HKD 22.8258 million.
Hong Kong Shares Edge 0.1% Higher, Led by Consumer Stocks -- Market Talk
Hengan Int'l plans to appoint Deloitte as the new auditor.
Hengan Int'l (01044) announced that the board of directors notified KPMG regarding the proposal to replace the auditor, and KPMG agreed to resign as the company's auditor from August 19, 2024. Following the recommendation of the audit committee, the board of directors has appointed Deloitte, Touche & Tohmatsu as the company's new auditor, effective from August 19, 2024, to fill the temporary vacancy left by KPMG's resignation. Deloitte will serve until the end of the next annual general meeting of shareholders.
Hengan Int'l will distribute a mid-year dividend of 0.7 yuan per share on October 10th.
Hengan Int'l (01044) announced that the company will distribute a mid-term dividend of 0.7 yuan per share on October 10, 2024.
Hengan Int'l (01044) will distribute a mid-year dividend of HKD 0.7 per share on October 10th.
Hengan Int'l (01044) announced that it will distribute interim dividends of HKD 0 per share on October 10, 2024.
Hengan Int'l (01044.HK) has appointed Deloitte as the new auditor for the company.
On August 19th, Gelunhui reported that the board of directors notified Luo Bingxian of the suggestion to replace the auditor, and Luo Bingxian agreed to resign as the company's auditor from August 19th, 2024. Following the recommendation of the audit committee, the board of directors has decided to appoint Deloitte as the company's new auditor, effective from August 19th, 2024, in order to fill the temporary vacancy left by Luo Bingxian's resignation. Deloitte will serve until the end of the company's next shareholder annual meeting.
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