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H

Hengbao Co 002104.SZ · CNY

Information Technology · Shenzhen · 🇨🇳 China

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9.28

-0.22%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥866.5m

FY2016FY2025

Net income

CN¥58.7m

FY2016FY2025

Free cash flow

CN¥144.8m

FY2016FY2025

Shareholders' equity

CN¥2.16bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥866.5mCN¥902.8mCN¥1.26bnCN¥1.03bnCN¥959.9mCN¥1.05bnCN¥1.54bnCN¥1.69bnCN¥1.37bnCN¥1.35bn
Gross profitCN¥252.0mCN¥289.4mCN¥389.9mCN¥288.2mCN¥232.9mCN¥313.6mCN¥362.7mCN¥339.9mCN¥382.2mCN¥470.9m
Research and developmentCN¥79.4mCN¥104.2mCN¥97.6mCN¥92.3mCN¥100.4mCN¥127.5mCN¥127.0mCN¥121.9mCN¥121.8mCN¥156.7m
Operating incomeCN¥36.0mCN¥101.5mCN¥181.1mCN¥81.0mCN¥9.6m−CN¥33.6mCN¥91.0mCN¥158.5mCN¥125.9mCN¥130.8m
Net incomeCN¥58.7mCN¥95.0mCN¥157.6mCN¥81.9mCN¥53.1mCN¥1.7mCN¥86.8mCN¥145.5mCN¥162.6mCN¥146.4m
Diluted earnings per share0.080.130.220.120.080.000.120.180.220.19

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥2.39bnCN¥2.42bnCN¥2.40bnCN¥2.27bnCN¥2.18bnCN¥2.36bnCN¥2.35bnCN¥2.25bnCN¥2.19bnCN¥2.03bn
Cash and short-term investments—CN¥1.37bnCN¥1.11bnCN¥1.06bnCN¥1.18bnCN¥1.33bnCN¥882.8mCN¥775.0mCN¥355.9mCN¥736.1m
Total liabilitiesCN¥227.1mCN¥272.2mCN¥273.9mCN¥316.6mCN¥337.6mCN¥372.4mCN¥332.4mCN¥267.8mCN¥305.8mCN¥370.1m
Debt—CN¥2.2mCN¥672,868CN¥63.8mCN¥44.6mCN¥61.1m−CN¥55.1m—CN¥83.8mCN¥12.6m
Shareholders' equityCN¥2.16bnCN¥2.15bnCN¥2.12bnCN¥1.96bnCN¥1.84bnCN¥1.93bnCN¥1.93bnCN¥1.89bnCN¥1.79bnCN¥1.64bn
Shares outstanding708m706m701m693m694m696m701m796m746m755m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥186.4mCN¥218.1mCN¥213.4m−CN¥172.3mCN¥62.3mCN¥515.2m−CN¥44.5mCN¥588.2m−CN¥429.9mCN¥304.7m
Capital spending−CN¥41.6m−CN¥36.1m−CN¥69.0m−CN¥24.2m−CN¥24.4m−CN¥169.2m−CN¥45.4m−CN¥10.5m−CN¥8.9m−CN¥47.8m
Free cash flowCN¥144.8mCN¥182.0mCN¥144.4m−CN¥196.4mCN¥37.9mCN¥345.9m−CN¥89.8mCN¥577.7m−CN¥438.8mCN¥256.9m
Dividends paid−CN¥57.0m−CN¥93.5m−CN¥1.6m−CN¥2.2m−CN¥149.8m−CN¥363,812−CN¥363,812−CN¥4.0m−CN¥1.9m−CN¥71.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥162.8mCN¥126.3mCN¥252.3mCN¥184.0mCN¥182.5mCN¥247.6mCN¥220.5mCN¥211.5m
Gross profitCN¥26.7mCN¥27.9mCN¥72.8mCN¥54.8mCN¥53.1mCN¥72.6mCN¥56.0mCN¥74.9m
Operating income−CN¥26.8m−CN¥23.6mCN¥15.9mCN¥2.0mCN¥5.4mCN¥31.0mCN¥7.3mCN¥18.4m
Net income−CN¥24.9m−CN¥20.9mCN¥21.4mCN¥1.9mCN¥11.4mCN¥23.9mCN¥3.6mCN¥27.8m
Diluted earnings per share-0.04-0.030.030.000.020.030.010.04
Cash from operations———CN¥23.0mCN¥60.0m−CN¥17.0m—CN¥100.0m
Capital spending−CN¥16.0m−CN¥6.0m−CN¥25.0m−CN¥4.0m—−CN¥10.0m−CN¥31.0m—
Free cash flow———CN¥19.0m—−CN¥27.0m——
Total assetsCN¥2.31bnCN¥2.34bnCN¥2.39bnCN¥2.39bnCN¥2.38bnCN¥2.45bnCN¥2.42bnCN¥2.32bn
Cash and short-term investments———CN¥1.20bnCN¥1.25bnCN¥1.36bnCN¥1.37bnCN¥1.28bn
Debt———CN¥30.1m—CN¥100,000CN¥100,000—
Shareholders' equityCN¥2.10bnCN¥2.13bnCN¥2.16bnCN¥2.14bnCN¥2.14bnCN¥2.18bnCN¥2.15bnCN¥2.13bn

Financial ratios

Data as of 3 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin29.1%32.1%30.9%27.9%24.3%29.8%—
Operating margin4.2%11.2%14.4%7.8%1.0%-3.2%—
Net margin6.8%10.5%12.5%7.9%5.5%0.2%—
Return on equity2.7%4.4%7.4%4.2%2.9%0.1%—
Return on assets2.5%3.9%6.6%3.6%2.4%0.1%—
Free cash flow yield3.2%3.6%4.0%-2.1%1.2%9.7%—
Revenue growth-4.0%-28.5%22.1%7.7%-8.8%-31.5%—
Earnings growth-38.2%-39.7%92.4%54.3%2978.3%-98.0%—
Current ratio7.92x7.36x7.15x6.54x5.14x5.43x—
Debt to equity—0.00x0.02x0.03x0.02x0.03x-0.03x
Equity ratio90.5%88.8%88.6%86.1%84.5%81.7%—
Interest coverage152.29x42.62x82.04x29.10x3.70x-42.29x—
R&D as a share of sales9.2%11.5%7.7%8.9%10.5%12.1%—
Buybacks as a share of market value-0.4%-0.7%-1.2%0.1%0.3%0.8%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-5.7%-3.8%-7.2%
Operating income-23.7%—-20.4%
Net income-10.5%102.5%-16.8%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin30.6%30.0%29.1%28.7%
Operating margin7.8%9.8%6.2%8.9%
Net margin8.7%9.7%7.4%9.8%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings260.650.234.262.788.8—61.832.040.360.8
Price to sales17.75.34.35.04.94.63.52.84.86.6

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 17 Jun 2025.

FY2025FY2024FY2021FY2016FY2015FY2014FY2013FY2012
Paid in the year0.080.130.2150.100.100.0940.0630.031
  • 8-for-5 split · 11 Jul 2014
  • 3-for-2 split · 9 Jun 2010
  • 3-for-2 split · 11 Jul 2008
  • 17-for-10 split · 21 Jun 2007

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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