002963.SHE Hes Technology Group
- Market cap
- CNY 2.32B
- P/E
- -
- P/B
- 2.05x
- ROE
- -2.8%
- Dividend yield
- 1.30%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002963.SHE undervalued?
Graham numberThe Graham number of Hes Technology Group cannot be estimated reliably (it needs positive earnings and book value).
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?
Hes Technology Group fundamental analysis
No fundamental analysis for Hes Technology Group yet.
Hes Technology Group stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Hes Technology Group
Haoersai Technology Group Corp., Ltd. designs, constructs, procures, operates, maintains, and sells lighting engineering products in China. The company offers smart light poles that are applied to various scenarios, including national events, landmark buildings, super high-rise buildings, gyms, city renovation, municipal roads and bridges, interior space, and health lighting; and smart tourism includes dream static scenes, dream walking and viewing, dream tour, dream enterta…
Full company profileHes Technology Group 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.
Hes Technology Group 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 | 281M | 486M | 922M | 1.16B | 598M | 788M | 407M | 538M | 459M | 346M | 217M |
| Gross Profit | 101M | 188M | 345M | 431M | 201M | 243M | 73.8M | 193M | 143M | 82.6M | 54.6M |
| Operating Income | 23.4M | 97.9M | 206M | 256M | 47.1M | 12.5M | -188M | 22.3M | -200M | -24.4M | -27.5M |
| EBITDA | 24.8M | 100M | 208M | 261M | 50.5M | 21.1M | -182M | 29.2M | -189M | -2.77M | -27.5M |
| Net Income | 16.0M | 82.2M | 171M | 216M | 42.8M | 13.3M | -156M | 17.8M | -179M | -127M | -32.8M |
| EPS | 0.20 | 0.78 | 1.51 | 1.81 | 0.28 | 0.09 | -1.04 | 0.12 | -1.19 | -0.85 | -0.22 |
| Balance Sheet | |||||||||||
| Total Assets | 394M | 677M | 1.04B | 2.29B | 2.14B | 2.31B | 2.12B | 2.05B | 1.82B | 1.62B | 1.51B |
| Total Liabilities | 127M | 224M | 419M | 647M | 479M | 645M | 607M | 521M | 474M | 429M | 345M |
| Shareholders' Equity | 268M | 453M | 624M | 1.64B | 1.66B | 1.67B | 1.51B | 1.53B | 1.35B | 1.19B | 1.17B |
| Cash & Short-term Investments | 61.4M | 183M | 228M | 1.13B | 798M | 826M | 491M | 529M | 424M | 119M | 224M |
| Total Debt | 2.00M | 1.00M | 68.5M | 349M | 196M | 272M | 189M | 134M | 106M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -66.9M | 15.5M | 48.6M | 108M | -123M | 66.4M | -165M | 139M | -99.3M | 103M | - |
| Capital Expenditure | 2.06M | 1.19M | 2.32M | 1.42M | 3.79M | 18.5M | 7.40M | 49.9M | 12.8M | 80.8M | 75.9K |
| Free Cash Flow | -68.9M | 14.3M | 46.3M | 106M | -127M | 47.9M | -172M | 89.2M | -112M | 22.1M | -5.16M |
| Ratios | |||||||||||
| ROE | 6.0% | 18.2% | 27.4% | 13.2% | 2.6% | 0.8% | -10.3% | 1.2% | -13.3% | -10.7% | -2.8% |
| ROA | 4.1% | 12.1% | 16.4% | 9.4% | 2.0% | 0.6% | -7.4% | 0.9% | -9.8% | -7.9% | -2.2% |
| Net Profit Margin | 5.7% | 16.9% | 18.5% | 18.7% | 7.1% | 1.7% | -38.2% | 3.3% | -39.1% | -36.8% | -15.1% |
| Debt to Equity | 0.01x | 0.00x | 0.11x | 0.21x | 0.12x | 0.16x | 0.13x | 0.09x | 0.08x | - | - |
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.
Hes Technology Group dividends
- Dividend yield
- 1.30%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- May 22, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 30.1M | 0.20 | - |
| 2024 | - | - | - |
| 2023 | - | - | - |
| 2022 | - | - | - |
| 2021 | CNY 4.51M | 0.03 | 33.9% |
| 2020 | CNY 22.6M | 0.15 | 52.8% |
| 2019 | CNY 22.6M | 0.19 | 10.5% |
| 2018 | CNY 51.3K | 0.00 | 0.0% |
| 2017 | CNY 7.01M | 0.07 | 8.5% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Hes Technology Group
- Insiders 57.67%
- Institutions 0.14%
- Public & others 42.19%
- Shares outstanding 150M
- Free float 64.9M
Hes Technology Group company profile
- Company name
- Hes Technology Group
- Ticker
- 002963.SHE
- ISIN
- CNE100003Q32
- Exchange
- Shenzhen Stock Exchange
- Sector
- Technology
- Industry
- Electronic Equipment, Instruments & Components
- Employees
- 232
- Fiscal year end
- December
- Address
- Nord Center, Tower 1, Beijing, China, 100070
- Phone
- 86 10 8857 8857
- Website
- haoersai.com
About Hes Technology Group
Haoersai Technology Group Corp., Ltd. designs, constructs, procures, operates, maintains, and sells lighting engineering products in China. The company offers smart light poles that are applied to various scenarios, including national events, landmark buildings, super high-rise buildings, gyms, city renovation, municipal roads and bridges, interior space, and health lighting; and smart tourism includes dream static scenes, dream walking and viewing, dream tour, dream entertainment and sightseeing, and dream arts. It also provides smart city and town, digital village, smart parking and security, and smart sanitation solutions; and HAO platform offers smart consulting and planning, smart design, smart management and operations. In addition, the company engages in smart energy, which includes intelligent and efficient transportation energy replenishment and one- stop solutions based on a comprehensive management and service system. The company was formerly known as HES Technology Group Co., Ltd. and changed its name to Haoersai Technology Group Corp., Ltd. in May 2020. Haoersai Technology Group Corp., Ltd. was founded in 2000 and is headquartered in Beijing, China.
Hes Technology Group management
6- Mr. Congqi DaiChairman & GM · born 1989
- Mr. Guoping WenDeputy GM, CFO & Director · born 1975
- Mr. Hongchao HeDeputy GM & Director · born 1983
- Mr. Chunhui HouDeputy GM, Board Secretary & Director · born 1985
- Mr. Junfeng ZhangDeputy General Manager · born 1980
- Yue WangAccounting Supervisor