Asia300

Hengan International Group Co., Ltd.

China

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 59.9
Mar 23, 2017
Market cap:
Market cap(USD):
72,172.80M
9,292.21M
Shares: 1,204.88M

Currency in HKD

Company profile

Market(Ticker): HKG(1044)
Sector:
Industry:
Consumer Non-Durables
Household/Personal Care
Full time employees: 29,700

Business summary

Hengan International Group Co., Ltd. operates as an investment holding company, which engages in the trading of personal hygienic products. The company through its subsidiaries engages in the activities of manufacturing, distributing, and selling of personal hygie, food and snack, and skin care products in China. It operates through five business segments: Tissue Paper Products, Sanitary Napkins Products, Disposable Diapers Products, Food and Snacks Products, and Skin Care Products and Others. The company was founded in 1985 and is headquartered in Jinjiang, China.

Company background

Hengan International Group is a publicly traded unit of the Hengan Group, China's largest sanitary goods maker, which was founded in 1985. Hengan International listed in Hong Kong in 1998. The company, which deals mainly in disposable diapers and sanitary napkins, competes fiercely with Britain's Procter & Gamble and Japan's Unicharm in China. Its strength lies in its extensive marketing network across China. It has 300 sales offices and has signed up more than 3,000 sales agents. It makes its products in more than 40 locations, including the Xinjiang Uyghur Autonomous Region.

Taking advantage of its price competitiveness, backed by a large economy of scale, the company also exports its goods to Southeast Asia, Africa and other regions. Relying on its branding power, it sells a wide range of products, including hand soap for children and detergent.

Group Chairman Sze Man Bok is said to have operated a clothing maker but entered the sanitary goods market, which used to be monopolized by a state-run enterprise.

In the news

Financial highlights

Dec 2015

  • Local currency
  • US Dollar
Revenue 24,450.46M
Gross profit 11,444.08M
Operating income 5,457.91M
Income before tax 5,742.80M
Net income 4,050.86M
EBITDA 6,235.88M
Diluted EPS 3.30
Dividends per share 2.1
Total assets 39,208.04M
Total liabilities 21,507.64M
Total equity 17,248.14M
Operating cash flow 4,668.08M

Currency in HKD

Revenue 3,153.85M
Gross profit 1,476.16M
Operating income 704.01M
Income before tax 740.76M
Net income 522.51M
EBITDA 804.36M
Diluted EPS 0.42
Dividends per share 0.27
Total assets 5,059.00M
Total liabilities 2,775.12M
Total equity 2,225.52M
Operating cash flow 602.13M

Currency in USD

Valuation measures

Dec 2015

PER 22.08
ROA 9.90%
ROE 23.34%
Operating margin 22.32%
Profit margin 16.56%

Key executive

  • Deputy Chairman & Chief Executive Officer: Lin Chit Hui
  • COO, Executive Director & Deputy CEO: Shui Shen Xu
  • Chief Financial Officer & Executive Director: Da Zuo Xu
  • Director-Napkin Products Development: Zi Dan Xu
  • Director-Strategic Development: Hong Bo Zhu

Share holders

  • HUI LIN CHIT(20.0%)
  • SZE MAN BOK(19.0%)
  • The Vanguard Group, Inc.(1.9%)
  • XU DA ZUO(1.6%)
  • BlackRock Fund Advisors(1.5%)
  • Matthews International Capital Management LLC(1.5%)
  • T. Rowe Price International Ltd.(1.5%)
  • Eastspring Investments (Singapore) Ltd.(1.3%)
  • The Caisse de depot et placement du Quebec(1.3%)
  • XU CHUN MAN(1.2%)

Address

  • Website: http://www.hengan.com/en
  • Address: Hengan Industrial City, Anhai Town, Jinjiang, 362261, China
  • Phone: +86.59.5570.8888

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.