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Honghua Group Limited (0196.HK)

HKD0.13 +0.00 (+0.77%)
CN HKSE Energy Oil & Gas Equipment & Services
Address Information Park 610036
Chengdu, CN
CEO Xu Wang
IPO 2008-03-07
ISIN KYG4584R1092

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Description

Honghua Group Limited functions as an investment holding enterprise, specializing in the complete lifecycle of onshore drilling rigs, encompassing their research, development, manufacturing, deployment, and sale, along with associated components. The company's operations are divided into key segments: Land Drilling Rigs; Parts and Components and Other offerings; Drilling Engineering Services; and Fracturing. Its production capabilities span fundamental rig structures like masts and substructures, alongside hoisting, rotation, and high/low-pressure mud systems. Honghua also fabricates crucial electrical equipment, including VFD, SCR, and MCC systems, drilling motors, and comprehensive well site power and lighting. Additionally, it produces auxiliary items such as mud tanks, solids control apparatus, and drill floor tools. Beyond equipment, the group delivers an array of oil and gas engineering services, notably well drilling, directional drilling, and seismic services, catering to major global clients including CNOOC and Shell. The company further provides diverse financial leasing solutions, from direct financing and operating leases to sale-and-leaseback options. Its broad activities also include manufacturing drilling rig panels, trading drilling equipment, designing offshore drilling modules, and offering extensive technical support, drilling and fracturing engineering, and after-sales services covering installation, commissioning, and problem resolution. Founded in 1997 and based in Chengdu, China, Honghua Group maintains a significant international footprint across China, the Americas, the Middle East, Europe, Africa, and various parts of Central, South, and Southeast Asia.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD0.13 +0.00 (+0.77%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
-0.02
Float Shares
3.20B
Free Float %
35.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% -8.47% -7.98% -17.62% -1.70% +1.76% +14.57% -9.90% -33.46% -49.12% -95.07%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.13
DCF (Unlevered) 6.74 +5,044.6%
DCF (Levered) 11.98 +9,043.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2024-11 Change
Strong Buy 0 0
Buy 1 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.96
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
2 / 5
Medium
ROA Score
2 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Oil & Gas Equipment & Services: +6.7%
    -2.5% Q4'25: -2.9% (vs Q4'23)
  • EPS growth Oil & Gas Equipment & Services: +14.3%
    +437.5% Q4'25: +100.4% (vs Q4'23)
  • FCF margin FCF growth · Oil & Gas Equipment & Services: +40.2%
    +0.7% Q4'25: -4.9% (vs Q4'23)
  • EBIT margin Oil & Gas Equipment & Services: +10.9%
    +3.0% Q4'25: +2.9% (vs Q4'23)
  • ROIC Oil & Gas Equipment & Services: +6.7%
    +1.3% Q4'25: +2.7% (vs Q4'23)
  • Share dilution Oil & Gas Equipment & Services: +0.3%
    +0.0% Q4'25: +3.6% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Oil & Gas Equipment & Services: 0.32×
    11.79× Q4'25: 6.03× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.01) × ERP
WACC = 21% × Ke + 79% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 6.81 Current price: 0.13
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Dec 2031
1 Rev. Ana.
1 EPS Ana.
Revenue
4.22B
est: 6.17B (-31.6%)
2.34B
est: 2.88B (-18.7%)
2.18B
est: 2.72B (-19.9%)
4.21B
est: 2.81B (+49.9%)
4.43B
est: 3.99B (+10.9%)
3.93B
est: 4.60B (-14.6%)
2.94B
est: 3.96B (-25.9%)
4.48B
est: 5.13B (-12.7%)
5.47B
est: 4.86B (+12.5%)
5.63B
est: 5.04B (+11.7%)
5.49B
est: 2.89B (+89.9%)
3.01B
3.01B – 3.01B
+4.1% YoY
4.07B
4.07B – 4.07B
+35.1% YoY
4.91B
4.91B – 4.91B
+20.7% YoY
4.36B
4.36B – 4.36B
-11.2% YoY
5.25B
5.25B – 5.25B
+20.2% YoY
4.82B
4.82B – 4.82B
-8.0% YoY
EBITDA
305.15M
est: 170.10M (+79.4%)
-152.28M
est: 79.57M (-291.4%)
182.43M
est: 74.94M (+143.4%)
565.69M
est: 77.38M (+631.1%)
580.61M
est: 110.07M (+427.5%)
504.62M
est: 126.95M (+297.5%)
-184.05M
est: 109.37M (-268.3%)
-99.86M
est: 141.45M (-170.6%)
129.53M
est: 134.18M (-3.5%)
399.38M
est: 1.18B (-66.2%)
418.76M
est: 678.19M (-38.3%)
705.88M
705.88M – 705.88M
+4.1% YoY
953.97M
953.97M – 953.97M
+35.1% YoY
1.15B
1.15B – 1.15B
+20.7% YoY
1.02B
1.02B – 1.02B
-11.2% YoY
1.23B
1.23B – 1.23B
+20.2% YoY
1.13B
1.13B – 1.13B
-8.0% YoY
EBIT
-49.00M
est: -169.88M (+71.2%)
-299.69M
est: -79.46M (-277.2%)
-118.71M
est: -74.84M (-58.6%)
304.65M
est: -77.28M (+494.2%)
398.20M
est: -109.92M (+462.3%)
308.60M
est: -126.78M (+343.4%)
-332.85M
est: -109.23M (-204.7%)
-393.62M
est: -141.27M (-178.6%)
-195.25M
est: -134.00M (-45.7%)
116.72M
est: 999.91M (-88.3%)
164.80M
est: 573.31M (-71.3%)
596.73M
596.73M – 596.73M
+4.1% YoY
806.46M
806.46M – 806.46M
+35.1% YoY
973.77M
973.77M – 973.77M
+20.7% YoY
864.99M
864.99M – 864.99M
-11.2% YoY
1.04B
1.04B – 1.04B
+20.2% YoY
956.26M
956.26M – 956.26M
-8.0% YoY
Net Income
-252.21M
est: -219.63M (-14.8%)
-609.69M
est: -1.38B (+55.7%)
-395.20M
est: -1.30B (+69.5%)
82.29M
est: -2.35B (+103.5%)
107.47M
est: 95.38M (+12.7%)
49.66M
est: 315.49M (-84.3%)
-717.19M
est: 86.88M (-925.5%)
-634.42M
est: 290.32M (-318.5%)
-386.60M
est: 276.15M (-240.0%)
7.58M
est: 286.41M (-97.4%)
38.32M
est: -1.38B (+102.8%)
-2.52B
-2.52B – -2.52B
-82.7% YoY
97.26M
97.26M – 97.26M
+103.9% YoY
336.81M
336.81M – 336.81M
+246.3% YoY
95.63M
95.63M – 95.63M
-71.6% YoY
296.96M
296.96M – 296.96M
+210.5% YoY
273.90M
273.90M – 273.90M
-7.8% YoY
SGA
1.06B
est: 936.73M (+12.8%)
1.03B
est: 438.16M (+134.0%)
787.80M
est: 412.70M (+90.9%)
782.70M
est: 426.11M (+83.7%)
860.76M
est: 606.11M (+42.0%)
725.48M
est: 699.08M (+3.8%)
642.60M
est: 602.28M (+6.7%)
571.35M
est: 778.96M (-26.7%)
673.97M
est: 738.91M (-8.8%)
593.75M
est: 681.20M (-12.8%)
550.08M
est: 390.57M (+40.8%)
406.52M
406.52M – 406.52M
+4.1% YoY
549.40M
549.40M – 549.40M
+35.1% YoY
663.39M
663.39M – 663.39M
+20.7% YoY
589.28M
589.28M – 589.28M
-11.2% YoY
708.26M
708.26M – 708.26M
+20.2% YoY
651.46M
651.46M – 651.46M
-8.0% YoY
EPS
-0.08
est: -0.02 (-224.2%)
-0.19
est: -0.15 (-24.0%)
-0.08
est: -0.14 (+41.4%)
0.02
est: -0.26 (+105.9%)
0.02
est: 0.01 (+91.1%)
0.01
est: 0.04 (-73.2%)
-0.14
est: 0.01 (-1,547.0%)
-0.12
est: 0.03 (-471.2%)
-0.06
est: 0.03 (-280.1%)
0.00
est: 0.03 (-97.5%)
0.00
est: -0.15 (+102.8%)
-0.28
-0.28 – -0.28
-82.7% YoY
0.01
0.01 – 0.01
+103.9% YoY
0.04
0.04 – 0.04
+246.3% YoY
0.01
0.01 – 0.01
-71.6% YoY
0.03
0.03 – 0.03
+210.5% YoY
0.03
0.03 – 0.03
-7.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C+ 2/5 1/5 2/5 2/5 1/5 1/5 5/5
2026-05-28 C+ 2/5 1/5 2/5 2/5 1/5 1/5 5/5
2026-05-27 C+ 2/5 1/5 2/5 2/5 1/5 1/5 5/5
2026-05-26 C+ 2/5 1/5 2/5 2/5 1/5 1/5 5/5
2026-05-22 C+ 2/5 1/5 2/5 2/5 1/5 1/5 5/5
2026-05-21 C+ 2/5 1/5 2/5 3/5 1/5 1/5 5/5
2026-05-20 C+ 2/5 1/5 2/5 3/5 1/5 1/5 5/5
2026-05-19 C+ 2/5 1/5 2/5 3/5 1/5 1/5 5/5
2026-05-18 C+ 2/5 1/5 2/5 3/5 1/5 1/5 5/5
2026-05-15 C+ 2/5 1/5 2/5 2/5 1/5 1/5 5/5
2026-05-14 C+ 2/5 1/5 2/5 2/5 1/5 1/5 5/5
2026-05-13 C+ 2/5 1/5 2/5 2/5 1/5 1/5 5/5
2026-05-12 C+ 2/5 1/5 2/5 2/5 1/5 1/5 5/5
2026-05-11 C+ 2/5 1/5 2/5 2/5 1/5 1/5 5/5
2026-05-08 C+ 2/5 1/5 2/5 3/5 1/5 1/5 5/5
2026-05-07 C+ 2/5 1/5 2/5 3/5 1/5 1/5 5/5
2026-05-06 C+ 2/5 1/5 2/5 3/5 1/5 1/5 5/5
2026-05-05 C+ 2/5 1/5 2/5 3/5 1/5 1/5 5/5
2026-05-04 C+ 2/5 1/5 2/5 3/5 1/5 1/5 5/5
2026-04-30 C+ 2/5 1/5 2/5 3/5 1/5 1/5 5/5
2026-04-29 B- 2/5 1/5 2/5 4/5 1/5 1/5 5/5
2026-04-28 B- 2/5 1/5 2/5 4/5 1/5 1/5 5/5
2026-04-27 B- 3/5 1/5 3/5 4/5 1/5 1/5 5/5
2026-04-24 B- 3/5 1/5 3/5 4/5 1/5 1/5 5/5
2026-04-23 B- 3/5 1/5 3/5 4/5 1/5 1/5 5/5
2026-04-22 B- 3/5 1/5 3/5 4/5 1/5 1/5 5/5
2026-04-21 B- 3/5 1/5 3/5 4/5 1/5 1/5 5/5
2026-04-20 B- 3/5 1/5 3/5 4/5 1/5 1/5 5/5
2026-04-17 B- 3/5 1/5 3/5 4/5 1/5 1/5 5/5
2026-04-16 B- 3/5 1/5 3/5 4/5 1/5 1/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.08B
OE per share TTM
0.12
Owner's Yield
69.52%
Maintenance CapEx ratio
17,068.61%
Maint CapEx / Avg PPE
55.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 4 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - Emerging Markets Value ETF DFEV 0.00% 13.9K 0.46%
2 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 45.7K 0.39%
3 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 22.0K 0.28%
4 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 901.37 0.29%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
56.2K
Shares Outstanding
8.98B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Hua Zhu President & Executive Director 1M male
Xu Wang Executive Chairaman 1M male
Qiang Yang Executive Director 1M male
Mingchuan Su Chief Financial Officer male
Mei Yi Lee ACIS FCIS Joint Company Secretary female
Chuan Xu Human Resources Director female
Bin He Vice President & Joint Company Secretary male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits