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China Hongqiao Group Ltd.
(1378)
China Hongqiao Group Ltd. (1378) vs. S&P 500 (SPY)
China Hongqiao Group Ltd. Business Overview & Revenue Model
China Hongqiao Group Ltd. Financial Statement Overview
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 133.62B | 131.70B | 114.49B | 86.14B | 84.18B | Gross Profit |
| 20.95B | 18.24B | 30.45B | 19.36B | 16.46B | EBIT |
| 14.12B | 15.93B | 27.52B | 17.59B | 14.94B | EBITDA |
| 26.34B | 22.58B | 32.89B | 24.11B | 21.40B | Net Income Common Stockholders |
| 11.46B | 8.70B | 16.07B | 10.50B | 6.10B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 31.72B | 27.38B | 49.23B | 45.47B | 41.86B | Total Assets |
| 200.32B | 185.74B | 188.42B | 181.53B | 179.60B | Total Debt |
| 63.86B | 59.74B | 60.41B | 74.92B | 78.69B | Net Debt |
| 32.14B | 32.35B | 11.18B | 29.46B | 36.83B | Total Liabilities |
| 94.06B | 89.44B | 95.98B | 104.73B | 113.59B | Stockholders Equity |
| 92.24B | 84.50B | 81.31B | 71.20B | 63.16B |
| Cash Flow | Free Cash Flow | |||
| 15.13B | -2.66B | 21.99B | 11.65B | 11.18B | Operating Cash Flow |
| 22.40B | 7.62B | 28.65B | 17.78B | 14.54B | Investing Cash Flow |
| -17.89B | -16.77B | -5.46B | -6.97B | -6.26B | Financing Cash Flow |
| -199.58M | -12.79B | -19.40B | -7.15B | -11.82B |
China Hongqiao Group Ltd. Technical Analysis
China Hongqiao Group Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | HK$132.91B | 5.55 | 22.43% | 6.20% | 14.65% | 93.98% | |
71 Outperform | $106.77B | 5.34 | 20.63% | 4.50% | 2.84% | ― | |
71 Outperform | $773.34B | 9.29 | 12.78% | 8.46% | -7.73% | -6.97% | |
70 Neutral | $176.72B | 7.84 | 14.58% | 3.06% | 5.32% | 10.61% | |
64 Neutral | $111.20B | 5.35 | 22.05% | 18.21% | 2.87% | ― | |
49 Neutral | $1.95B | -1.27 | -21.38% | 3.72% | 0.83% | -29.30% | |
42 Neutral | HK$95.73B | ― | -4.92% | ― | 7.08% | ― |
China Hongqiao Group Ltd. Corporate Events
China Hongqiao Group Ltd. announced that its subsidiary, Shandong Hongqiao New Material Co., Ltd., has disclosed its unaudited financial information for the first quarter of 2025. The financial statements, prepared according to PRC accounting principles, reveal the company’s financial position and performance, emphasizing the need for investors to exercise caution due to the unaudited nature of the data. This disclosure is part of the company’s obligations following the issuance of corporate bonds in July 2024, and it may impact investor decisions and market perceptions.
China Hongqiao Group Ltd. has announced its upcoming Annual General Meeting, scheduled for May 7, 2025, where key resolutions will be discussed. These include the adoption of the 2024 financial statements, re-election of directors, re-appointment of auditors, declaration of a final dividend, and approval for share repurchase. These decisions are pivotal for the company’s governance and financial strategy, potentially impacting shareholder value and market perception.
China Hongqiao Group Limited announced a share repurchase plan, reflecting its confidence in China’s economic prospects and the company’s intrinsic value. The company has repurchased 62,260,000 ordinary shares, representing approximately 0.66% of its issued shares, with plans to cancel these shares to enhance investor confidence and safeguard shareholder interests. The repurchase is part of a broader strategy to reinforce market confidence and is expected to involve up to HK$2 billion.
China Hongqiao Group Ltd. has completed the issuance of US$300 million in 1.50% convertible bonds due in 2030. The proceeds from this issuance will be used to refinance existing offshore debt and for general corporate purposes, with the bonds expected to be listed on the Stock Exchange on March 27, 2025. This strategic financial move is likely to strengthen the company’s financial position and provide flexibility in managing its debt obligations, potentially enhancing its market competitiveness.
China Hongqiao Group Ltd. has announced the proposed issuance of US$300 million in 1.50% convertible bonds due in 2030, with the aim of refinancing existing offshore debt and supporting general corporate purposes. The bonds will be issued at a premium conversion price, potentially increasing the company’s share capital by approximately 1.2% upon full conversion, highlighting the company’s strategic financial maneuvering to strengthen its market position.
China Hongqiao Group Ltd. has announced its intention to issue USD-denominated convertible bonds in an international offering targeted exclusively at professional investors. The completion of this proposed bond issue is contingent upon market conditions and investor interest, with no definitive agreement yet in place. The bonds will not be offered or sold in the United States or to the public in Hong Kong, aligning with regulatory requirements. This strategic move aims to enhance the company’s financial flexibility and strengthen its market position.
China Hongqiao Group Limited reported a substantial financial performance for the year ended December 31, 2024, with a 16.9% increase in revenue to approximately RMB156.17 billion. The company’s gross profit surged by 101.2%, and net profit attributable to owners rose by 95.2%, reflecting strong operational efficiency and market demand. The proposed final dividend is HK102 cents per share, contributing to a total dividend of HK161 cents per share for 2024, indicating a robust return for shareholders.
China Hongqiao Group Limited has announced a final cash dividend of HKD 1.02 per share for the financial year ending December 31, 2024. This decision reflects the company’s continued commitment to delivering value to its shareholders, with the payment date set for June 13, 2025, following shareholder approval on May 7, 2025.
China Hongqiao Group Limited has announced the composition of its board of directors and their respective roles within the company. This announcement outlines the leadership structure, including executive, non-executive, and independent non-executive directors, as well as the members of various board committees. This organizational update is crucial for stakeholders as it highlights the company’s governance framework and strategic leadership, which could impact its operational and strategic direction.
China Hongqiao Group Limited has announced a board meeting scheduled for March 14, 2025, to discuss and approve the annual financial results for the year ending December 31, 2024. The meeting will also consider recommending a final dividend, which could impact shareholder returns and reflect the company’s financial health.
China Hongqiao Group Ltd. announced the disposal of assets and equity interests in certain subsidiaries, as well as new agreements for industrial waste treatment and goods procurement. These transactions are considered connected transactions under Hong Kong’s Listing Rules and involve affiliated companies. The transactions are part of the company’s strategy to streamline operations and ensure compliance with regulatory requirements, potentially impacting the company’s market positioning and operational efficiency.