Hengan International Group Company Limited logo

Hengan International Group Company Limited

1044.HK

HKSEConsumer DefensiveHousehold & Personal Products

Latest quote

HK$22.66

−HK$0.32 · -1.39%

Aug 24, 4:08 PM HKT

1044.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Hengan International Group Company Limited functions as an investment holding company, with its primary focus on the manufacturing, distribution, and sale of personal care and hygiene products. Its market reach extends across the People's Republic of China and into international territories. The company's extensive product portfolio encompasses a wide array of goods, including various tissue-based items such as pocket handkerchiefs, facial tissues, kitchen paper, and toilet rolls. It also provides feminine hygiene solutions like sanitary napkins, pantiliners, and overnight pants, alongside diapers for both infants and adults, and essential maternal and child care products. Further offerings include wet wipes, first-aid supplies, and a diverse range of household consumables like garbage bags, food storage bags, preservation wrappers, table coverings, and cleaning implements. Beyond its core manufacturing activities, Hengan also engages in the trading of specialized products designed for women, expectant mothers, infants, and children, as well as disposable fiber-based goods. The company maintains a significant presence in the e-commerce sector. Furthermore, the group has diversified its operations to include the generation and supply of heat and power, and the distribution and sale of gas. Its manufacturing capabilities also extend to protective equipment, medical instruments, skincare solutions, antiseptic products, and various other household items. Hengan International Group was established in 1985 and its corporate headquarters are situated in Jinjiang, within the People's Republic of China.

Industry
Household & Personal Products
Sector
Consumer Defensive
Headquarters
CN
CEO
Ching Lau Hui
Listed since
Dec 8, 1998
Employees
22,221

Market position

Day range

Current HK$22.66

52-week range

Current HK$22.66

Open
HK$22.66
Previous close
HK$22.98
Volume
4.44M
1.17× average
Average volume
3.79M
Average daily volume
Market cap
26.07B HKD
Beta
0.56
Market reference 1
50-day average
HK$23.5484
-3.77% below average
200-day average
HK$26.5657
-14.70% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
28.67B CNY
EV / EBITDA
7.34×
Earnings yield
8.89%
Free cash flow yield
7.69%

Profitability & efficiency

Return on equity
11.65%
Return on assets
5.87%
Return on invested capital
7.26%

Financial health

Current ratio
1.15×
Altman Z-score
2.49
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends40%29%17%6%Gross margin, FY2021: 37.38%Gross margin, FY2022: 34.00%Gross margin, FY2023: 33.70%Gross margin, FY2024: 32.31%Gross margin, FY2025: 33.84%Operating margin, FY2021: 21.85%Operating margin, FY2022: 12.69%Operating margin, FY2023: 16.74%Operating margin, FY2024: 14.80%Operating margin, FY2025: 15.10%Net margin, FY2021: 15.75%Net margin, FY2022: 8.51%Net margin, FY2023: 11.78%Net margin, FY2024: 10.14%Net margin, FY2025: 10.99%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 37.38%. Gross margin FY2022 34.00%. Gross margin FY2023 33.70%. Gross margin FY2024 32.31%. Gross margin FY2025 33.84%. Operating margin FY2021 21.85%. Operating margin FY2022 12.69%. Operating margin FY2023 16.74%. Operating margin FY2024 14.80%. Operating margin FY2025 15.10%. Net margin FY2021 15.75%. Net margin FY2022 8.51%. Net margin FY2023 11.78%. Net margin FY2024 10.14%. Net margin FY2025 10.99%.

Income trends

Revenue

23.07B CNY+1.76%

Operating income

3.48B CNY+3.86%

Net income

2.54B CNY+10.29%
Income trends across reported periods25.95B CNY17.22B CNY8.48B CNY−259.02M CNYRevenue, FY2021: 20.79B CNYRevenue, FY2022: 22.62B CNYRevenue, FY2023: 23.77B CNYRevenue, FY2024: 22.67B CNYRevenue, FY2025: 23.07B CNYOperating income, FY2021: 4.54B CNYOperating income, FY2022: 2.87B CNYOperating income, FY2023: 3.98B CNYOperating income, FY2024: 3.35B CNYOperating income, FY2025: 3.48B CNYNet income, FY2021: 3.27B CNYNet income, FY2022: 1.93B CNYNet income, FY2023: 2.8B CNYNet income, FY2024: 2.3B CNYNet income, FY2025: 2.54B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 20.79B CNY. Revenue FY2022 22.62B CNY. Revenue FY2023 23.77B CNY. Revenue FY2024 22.67B CNY. Revenue FY2025 23.07B CNY. Operating income FY2021 4.54B CNY. Operating income FY2022 2.87B CNY. Operating income FY2023 3.98B CNY. Operating income FY2024 3.35B CNY. Operating income FY2025 3.48B CNY. Net income FY2021 3.27B CNY. Net income FY2022 1.93B CNY. Net income FY2023 2.8B CNY. Net income FY2024 2.3B CNY. Net income FY2025 2.54B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue23.07B CNY22.67B CNY23.77B CNY22.62B CNY20.79B CNY
Cost of goods sold15.26B CNY15.34B CNY15.76B CNY14.93B CNY13.02B CNY
Gross profit7.81B CNY7.32B CNY8.01B CNY7.69B CNY7.77B CNY
Research and development176.34M CNY353.28M CNY352.01M CNY
Selling, general, and administrative5.36B CNY5.11B CNY5.07B CNY4.91B CNY4.54B CNY
Operating expenses4.32B CNY3.97B CNY4.03B CNY4.82B CNY3.23B CNY
Interest income686.07M CNY838.87M CNY969.02M CNY867.5M CNY961.65M CNY
Interest expense290.1M CNY474.83M CNY635.11M CNY454.36M CNY448.94M CNY
Depreciation and amortization968.43M CNY986.91M CNY899.82M CNY811.02M CNY804.52M CNY
Operating income3.48B CNY3.35B CNY3.98B CNY2.87B CNY4.54B CNY
Net income2.54B CNY2.3B CNY2.8B CNY1.93B CNY3.27B CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
1.27

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates1.581.240.90.57Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26Q3 '26
Q1 2023, reported Mar 22, 2023: actual 0.636, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 24, 2023: actual 1.14, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 21, 2024: actual 1.51, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 19, 2024: actual 1.32, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual 0.831, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 21, 2025: actual 1.32, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 17, 2026: actual 1.13, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 19, 2026: actual 1.27, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates30.89B23.96B17.02B10.09BQ3 '23No estimateQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ3 '25BeatQ1 '26BeatQ3 '26MissQ1 '27Estimate
Q3 2023, reported Aug 24, 2023: actual 13.2B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 21, 2024: actual 12.8B HKD, estimate 29.46B HKD, surprise -56.55%, Miss. Q3 2024, reported Aug 19, 2024: actual 12.71B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual 11.52B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 21, 2025: actual 12.92B HKD, estimate 12.61B HKD, surprise +2.45%, Beat. Q1 2026, reported Mar 17, 2026: actual 12.53B HKD, estimate 12.52B HKD, surprise +0.11%, Beat. Q3 2026, reported Aug 19, 2026: actual 12.8B HKD, estimate 12.98B HKD, surprise -1.41%, Miss. Q1 2027, reported Mar 23, 2027: actual —, estimate 13.01B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$1.5232

2025 complete year-44.8% since 2021

2026 partial: HK$0.7935

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 21, 2026

HK$0.7935

Semi-Annual

Record Sep 8, 2026 · Payment Oct 9, 2026

Dividend

Ex-dividend Sep 8, 2025

HK$0.7652

Semi-Annual

Record Sep 9, 2025 · Payment Oct 10, 2025

Dividend

Ex-dividend May 22, 2025

HK$0.758

Semi-Annual

Record May 23, 2025 · Payment Jun 6, 2025

Dividend

Ex-dividend Sep 9, 2024

HK$0.7637

Semi-Annual

Record Sep 10, 2024 · Payment Oct 10, 2024

Dividend

Ex-dividend May 21, 2024

HK$0.7716

Semi-Annual

Record May 22, 2024 · Payment May 31, 2024

Dividend

Ex-dividend Sep 18, 2023

HK$0.7622

Semi-Annual

Record Sep 19, 2023 · Payment Oct 12, 2023

1044.HK peers

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