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Here Group Limited (HERE)

USD1.80 -0.06 (-2.97%)
CN NASDAQ Consumer Cyclical Leisure
Address Building D 100102
Beijing, NB, CN
CEO Peng Li
IPO 2023-01-25
ISIN US74767N1072

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Also trades on NASDAQ Global Market · HERE (USD) NASDAQ Global Market · QSG (USD)
Description

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.

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
USD1.80 -0.06 (-2.97%)
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Volume Profile
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Liquidity & share structure
Average Volume
124.2K
Beta
-0.51
Float Shares
61.32M
Free Float %
56.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-24.89% -15.24% -45.57% -60.53% -66.10% -65.17% -75.17% -75.17% -75.17% -75.17% -75.17%
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

Analyst Consensus (1 ratings, all time) Hold
Price Targets & DCF
Current price
1.80
DCF (Levered) 26.68 +1,386.2%

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) 80% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 4 0
Hold 1 +1
Sell 0 0
Strong Sell 0 0
Quality scores
MOAT Score
1 / 10
No MOAT
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
4 / 5
High
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • 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)
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 (-0.51) × ERP
WACC = 95% × Ke + 5% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1.80
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 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
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-27 Citigroup Buy Neutral Downgrade
Historical Ratings (3M)
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)

Owner's Earnings history not available.

Owner alignment
Owner's Earnings TTM
OE per share TTM
Owner's Yield
Maintenance CapEx ratio
Maint CapEx / Avg PPE

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
6
Beneficial owners (>5%)
3
Beneficial owners (>5%)
# 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 ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
0
Sells
0
Shares acquired
Shares disposed
Cash buys
Cash sales
Net activity
+0
Insider buys vs sells (history) From To
Recent insider transactions From To
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

Top executives
EBIT / Employee
555.9K
Shares Outstanding
108.45M

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
Filing date Form type Filing
2026-03-27 3
2026-03-27 3
2026-03-27 3
2026-03-26 3
2026-03-26 3
2026-03-26 3
2026-03-18 3
2026-03-18 3
2026-03-18 3
2026-03-12 6-K

Executive team

NameTitleCompensationGender
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
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 history

Earnings history

Earnings reports

Stock splits