000988.SHE Huagong Tech Co Ltd
- Market cap
- CNY 62.5B
- P/E
- 34.1x
- P/B
- 5.03x
- ROE
- 17.9%
- Dividend yield
- 0.32%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000988.SHE undervalued?
Graham number000988.SHE trades 176.2% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Huagong Tech Co Ltd fundamental analysis
No fundamental analysis for Huagong Tech Co Ltd yet.
Huagong Tech Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Huagong Tech Co Ltd
HGTECH Company Limited manufactures and sells laser equipment, hologram products, optical communication devices, and electronic components in China and internationally. It operates through four divisions: Laser Processing Equipment and Intelligent Manufacturing Production and Sales Division; Optoelectronic Devices Production and Sales Division; Sensitive Components Production and Sales Division; and Laser Holographic Film Products Production and Sales Division. The company o…
Full company profileHuagong Tech Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Huagong Tech Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 3.31B | 4.48B | 5.23B | 5.46B | 6.14B | 10.2B | 12.0B | 10.3B | 11.7B | 14.3B | 16.9B |
| Gross Profit | 827M | 1.13B | 1.27B | 1.36B | 1.43B | 1.72B | 2.26B | 2.28B | 2.45B | 2.86B | 3.48B |
| Operating Income | 174M | 379M | 343M | 585M | 631M | 822M | 1.01B | 1.11B | 1.29B | 1.26B | 1.90B |
| EBITDA | 352M | 470M | 401M | 420M | 606M | 505M | 805M | 876M | 1.10B | 1.66B | 2.70B |
| Net Income | 230M | 324M | 284M | 503M | 550M | 761M | 906M | 1.01B | 1.22B | 1.47B | 2.22B |
| EPS | 0.26 | 0.36 | 0.28 | 0.50 | 0.55 | 0.76 | 0.90 | 1.00 | 1.21 | 1.47 | 2.21 |
| Balance Sheet | |||||||||||
| Total Assets | 5.59B | 8.58B | 8.77B | 9.61B | 11.1B | 13.9B | 16.8B | 17.5B | 20.8B | 22.9B | 25.6B |
| Total Liabilities | 2.33B | 3.26B | 2.97B | 3.36B | 4.44B | 6.46B | 8.54B | 8.29B | 10.5B | 11.5B | 13.1B |
| Shareholders' Equity | 3.17B | 5.23B | 5.69B | 6.14B | 6.64B | 7.39B | 8.24B | 9.13B | 10.2B | 11.1B | 12.4B |
| Cash & Short-term Investments | 984M | 2.85B | 2.36B | 2.85B | 3.33B | 3.44B | 3.47B | 4.52B | 4.61B | 4.69B | 2.50B |
| Total Debt | 399M | 970M | 507M | 692M | 970M | 1.88B | 2.27B | 2.59B | 2.38B | 6.58B | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 295M | 98.6M | 46.8M | 413M | 375M | 86.4M | 579M | 1.48B | 732M | 1.26B | - |
| Capital Expenditure | 118M | 131M | 248M | 378M | 235M | 359M | 296M | 391M | 710M | 1.01B | 1.03B |
| Free Cash Flow | 177M | -32.1M | -201M | 35.4M | 139M | -272M | 284M | 1.09B | 22.1M | 246M | -2.75B |
| Ratios | |||||||||||
| ROE | 7.3% | 6.2% | 5.0% | 8.2% | 8.3% | 10.3% | 11.0% | 11.0% | 12.0% | 13.3% | 17.9% |
| ROA | 4.1% | 3.8% | 3.2% | 5.2% | 4.9% | 5.5% | 5.4% | 5.8% | 5.9% | 6.4% | 8.7% |
| Net Profit Margin | 6.9% | 7.2% | 5.4% | 9.2% | 9.0% | 7.5% | 7.5% | 9.8% | 10.4% | 10.3% | 13.2% |
| Debt to Equity | 0.13x | 0.19x | 0.09x | 0.11x | 0.15x | 0.25x | 0.28x | 0.28x | 0.23x | 0.60x | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Huagong Tech Co Ltd dividends
- Dividend yield
- 0.32%
- Forward dividend
- 0.25 CNY
- Payout ratio
- 13.7%
- Ex-dividend date
- Jun 12, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 201M | 0.20 | 13.7% |
| 2024 | CNY 227M | 0.22 | 18.6% |
| 2023 | CNY 192M | 0.19 | 19.0% |
| 2022 | CNY 150M | 0.15 | 16.6% |
| 2021 | CNY 92.7M | 0.09 | 12.2% |
| 2020 | CNY 86.6M | 0.09 | 15.7% |
| 2019 | CNY 49.1M | 0.05 | 9.8% |
| 2018 | CNY 67.4M | 0.07 | 23.7% |
| 2017 | CNY 78.3M | 0.09 | 24.2% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 20:10 on Jul 13, 2012.
Who owns Huagong Tech Co Ltd
- Insiders 3.16%
- Institutions 24.00%
- Public & others 72.84%
- Shares outstanding 1.01B
- Free float 580M
Huagong Tech Co Ltd company profile
- Company name
- Huagong Tech Co Ltd
- Ticker
- 000988.SHE
- ISIN
- CNE000001303
- Exchange
- Shenzhen Stock Exchange
- Listed since
- May 15, 2000
- Sector
- Industrials
- Industry
- Electronic Equipment, Instruments & Components
- Employees
- 9,462
- Fiscal year end
- December
- Address
- HUST Science and Technology Park, Wuhan, China, 430223
- Phone
- 86 27 8718 0120
- Website
- hgtech.com.cn
About Huagong Tech Co Ltd
HGTECH Company Limited manufactures and sells laser equipment, hologram products, optical communication devices, and electronic components in China and internationally. It operates through four divisions: Laser Processing Equipment and Intelligent Manufacturing Production and Sales Division; Optoelectronic Devices Production and Sales Division; Sensitive Components Production and Sales Division; and Laser Holographic Film Products Production and Sales Division. The company offers laser smart equipment, such as laser marking, laser cutting, laser surface treatment, laser welding, specialized equipment, and sheet metal laser cutting, as well as equipment for laser texturing, laser heat treatment system, laser drilling machine, laser and various supporting devices, and plasma cutting equipment; and hologram products, including hologram stickers, hot stamping foils, security hologram, packaging hologram, metalized paper, and barcode products. It also provides optical communication products, including data center, wireless/transmission, access, silicon optical, network terminal, home terminal, and vehicle optical product line; automotive electronic products; PTC and NTC series products; and NTC thermistors, PTC thermistors, sensors, and automotive PTC heaters. The company was incorporated in 1999 and is headquartered in Wuhan, China.
Huagong Tech Co Ltd management
6- Mr. Xinqiang MaChairman & GM · born 1965
- Ms. Xia WangDeputy GM, CFO & Financial Director · born 1974
- Ms. Qin ZhangDeputy GM & Senior Human Resources Manager · born 1976
- Mr. Han Shu LiuDeputy GM, Secretary & Non-Independent Director · born 1967
- Mr. Wen XiongDeputy GM & Non-Independent Director · born 1968
- Ying LiuAccounting Supervisor