Here Group Limited (HERE)
Beijing, NB, CN
Here Group Limited designs and sells pop toys in China. It offers collectible pop toys, such as plush toys and figures under HERE brand. The company was formerly known as QuantaSing Group Limited and change its name to Here Group Limited in November 2025. Here Group Limited was founded in 2019 and is headquartered in Beijing, the People’s Republic of China.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -24.89% | -15.24% | -45.57% | -60.53% | -66.10% | -65.17% | -75.17% | -75.17% | -75.17% | -75.17% | -75.17% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
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.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 4 | 0 |
| Hold | 1 | +1 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Leisure: +7.6%-28.2% Q1'26: -71.3% (vs Q1'25)
-
EPS growth Leisure: +13.2%-86.8% Q1'26: -184.0% (vs Q1'25)
-
FCF margin FCF growth · Leisure: +30.4%+9.7% Q1'26: +140.7% (vs Q1'25)
-
EBIT margin Leisure: +11.0%+14.6% ★ Q1'26: -26.7% (vs Q1'25)
-
ROIC Leisure: +6.9%— Q1'26: -44.3% (vs Q1'25)
-
Share dilution Leisure: +0.0%-2.9% ★ Q1'26: -2.9% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Leisure: -0.39×0.09× ★ Q1'26: -0.21× (vs Q1'25)
* 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.
| Metric |
Jun 2024 actual |
Jun 2025 actual |
Jun 2026 3 Rev. Ana. 2 EPS Ana. |
Jun 2027 3 Rev. Ana. 2 EPS Ana. |
Jun 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|
| Revenue |
3.80B
est: 499.90M (+659.2%)
|
2.73B
est: 371.21M (+634.3%)
|
110.69M
106.71M – 113.20M
-70.2% YoY
|
181.19M
151.13M – 201.76M
+63.7% YoY
|
219.69M
194.06M – 237.05M
+21.2% YoY
|
| EBITDA |
395.93M
est: -4.27M (+9,377.3%)
|
405.45M
est: -3.17M (+12,894.0%)
|
-945.0K
-966.4K – -911.0K
+70.2% YoY
|
-1.55M
-1.72M – -1.29M
-63.7% YoY
|
-1.88M
-2.02M – -1.66M
-21.2% YoY
|
| EBIT |
390.92M
est: -5.62M (+7,049.7%)
|
396.90M
est: -4.18M (+9,602.3%)
|
-1.25M
-1.27M – -1.20M
+70.2% YoY
|
-2.04M
-2.27M – -1.70M
-63.7% YoY
|
-2.47M
-2.67M – -2.18M
-21.2% YoY
|
| Net Income |
385.53M
est: 16.26M (+2,270.5%)
|
49.71M
est: 29.03M (+71.2%)
|
4.57M
-2.21M – 11.35M
-84.3% YoY
|
8.66M
6.13M – 11.19M
+89.6% YoY
|
9.71M
8.24M – 10.71M
+12.1% YoY
|
| SGA |
2.71B
est: 405.01M (+569.8%)
|
1.73B
est: 300.75M (+474.0%)
|
89.68M
86.45M – 91.71M
-70.2% YoY
|
146.80M
122.45M – 163.46M
+63.7% YoY
|
177.99M
157.23M – 192.06M
+21.2% YoY
|
| EPS |
7.02
est: 0.30 (+2,276.8%)
|
0.92
est: 0.53 (+74.5%)
|
0.08
-0.04 – 0.21
-84.3% YoY
|
0.16
0.11 – 0.20
+89.6% YoY
|
0.18
0.15 – 0.19
+12.1% YoY
|
| Date | Firm | Previous | New Grade | Action |
|---|---|---|---|---|
| 2026-05-27 | Citigroup | Buy | Neutral | Downgrade |
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-06-05 | A+ | 4/5 | 4/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-06-04 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-06-03 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-06-02 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-06-01 | A+ | 4/5 | 4/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-05-28 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-05-27 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-05-26 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-05-22 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 4/5 | 2/5 |
| 2026-05-21 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-05-20 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-05-19 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-05-18 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-05-15 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-14 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-13 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-12 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-11 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-08 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-07 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-06 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-05 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-04 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-05-01 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-04-30 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-04-29 | A | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-28 | A | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-27 | A | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-24 | A | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-23 | A | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-22 | A | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-21 | A | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-20 | A | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-17 | A | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-16 | A | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
Owner Earnings
Owner's Earnings history not available.
Ownership Overview
Ownership breakdown not available.
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Prospect Avenue Capital Limited Partnership | 1.81M | 1.75% | 1.81M | 1.81M | 1.81M | — | PN | CAYMAN ISLANDS | 2025-02-11 | ↗ |
| 2 | GGV Capital VI Entrepreneurs Fund L.P. | 237.2K | 0.20% | 237.2K | 237.2K | 237.2K | — | PN | CAYMAN ISLANDS | 2025-05-15 | ↗ |
| 3 | Qiming Corporate GP VI, Ltd. | — | 0.00% | — | — | — | — | CO | CAYMAN ISLANDS | 2025-08-12 | ↗ |
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
| Date | Person | Role | Transaction | A/D | Security | Shares | Price | Value | Owned after | D/I | Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2028-04-01 | Xie Dong | Director / Officer | — | — | Option | 75,000 | 0.40 | 30.0K | 0 | D | ↗ |
| 2028-04-01 | SHI GUANGQIANG | Officer | — | — | Option | 150,000 | 0.40 | 60.0K | 0 | D | ↗ |
| 2028-04-01 | Liu Xihao | Director / Officer | — | — | Option | 150,000 | 0.40 | 60.0K | 0 | D | ↗ |
| 2028-01-01 | ZHU SHUNYAN | Director | — | — | Option | 10,000 | 0.40 | 4.0K | 0 | D | ↗ |
| 2026-10-01 | Xie Dong | Director / Officer | — | — | Option | 125,000 | 0.10 | 12.5K | 0 | D | ↗ |
| 2026-10-01 | Liu Xihao | Director / Officer | — | — | Option | 175,000 | 0.10 | 17.5K | 0 | D | ↗ |
| 2026-03-18 | Zhao Hongqiang | Director | — | — | ADS | 0 | 0.00 | — | 3,333 | D | ↗ |
| 2026-03-18 | ZHU SHUNYAN | Director | — | — | American depositary shares | 0 | 0.00 | — | 40,000 | D | ↗ |
| 2026-03-18 | ZHAN HUIYU | Director / Officer | — | — | American depositary shares | 0 | 0.00 | — | 66,774 | D | ↗ |
| 2026-03-18 | Xie Dong | Director / Officer | — | — | American depositary shares | 0 | 0.00 | — | 440,355 | D | ↗ |
| 2026-03-18 | WONG PEI HUA | Director | — | — | American depositary shares | 0 | 0.00 | — | 3,333 | D | ↗ |
| 2026-03-18 | SHI GUANGQIANG | Officer | — | — | American depositary shares | 0 | 0.00 | — | 461 | D | ↗ |
| 2026-03-18 | Liu Xihao | Director / Officer | — | — | American depositary shares | 0 | 0.00 | — | 393,168 | D | ↗ |
| 2026-03-18 | Lin Frank Hurst | Director / 10% Owner | — | — | Class A Ordinary Shares | 0 | 0.00 | — | 20,680,402 | I | ↗ |
| 2026-03-18 | Li Peng (Matt) | Director / Officer / 10% Owner | — | — | Class B Ordinary Shares | 0 | 0.00 | — | 49,859,049 | I | ↗ |
| 2026-01-01 | Zhao Hongqiang | Director | — | — | Option | 10,002 | 0.40 | 4.0K | 0 | D | ↗ |
| 2026-01-01 | WONG PEI HUA | Director | — | — | Option | 10,000 | 0.40 | 4.0K | 0 | D | ↗ |
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Dong Xie | Chief Financial Officer, Senior Vice President & Director | — | male |
| Guangqiang Shi | Senior Vice President | — | male |
| Huiyu Zhan | Director and Chief Product Officer | — | male |
| Leah Guo | Associate Director of Investor Relations | — | female |
| Peng Li | Founder, Chairman of the Board & Chief Executive Officer | — | male |
| Xihao Liu | Senior Vice President & Director | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for HERE
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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