Asia300

Hengan International Group Co., Ltd.

China

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Aug 18, 2017
Prev close: 62.3
Aug 18, 2017
Market cap:
Market cap(USD):
75,064.5M
9,596.35M
Shares: 1,204.89M

Currency in HKD

Company profile

Market(Ticker): HKG(1044)
Sector:
Industry:
Consumer Non-Durables
Household/Personal Care
Full time employees: 25,000

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 2016

  • Local currency
  • US Dollar
Revenue 22,524.06M
Gross profit 10,774.13M
Operating income 4,902.24M
Income before tax 5,326.83M
Net income 4,056.45M
EBITDA 5,642.06M
Diluted EPS 3.46
Dividends per share 2.22
Total assets 38,093.27M
Total liabilities 21,639.91M
Total equity 16,415.35M
Operating cash flow 4,901.89M

Currency in HKD

Revenue 2,901.66M
Gross profit 1,387.98M
Operating income 631.53M
Income before tax 686.23M
Net income 522.57M
EBITDA 726.84M
Diluted EPS 0.44
Dividends per share 0.28
Total assets 4,913.26M
Total liabilities 2,791.11M
Total equity 2,117.24M
Operating cash flow 631.48M

Currency in USD

Valuation measures

Dec 2016

PER 16.42
ROA 10.47%
ROE 23.99%
Operating margin 21.76%
Profit margin 18.00%

Key executive

  • Deputy Chairman & Executive President: Lin Chit Hui
  • COO, Executive Director & Deputy CEO: Shui Shen Xu
  • Chief Financial Officer & Executive Director: Da Zuo Xu
  • Board Secretary, Executive Director & Deputy CFO: Wai Leung Li
  • Director-Napkin Products Development: Zi Dan Xu

Share holders

  • HUI LIN CHIT(20.0%)
  • SZE MAN BOK(19.4%)
  • The Vanguard Group, Inc.(2.0%)
  • Matthews International Capital Management LLC(1.8%)
  • XU DA ZUO(1.6%)
  • The Caisse de depot et placement du Quebec(1.4%)
  • T. Rowe Price International Ltd.(1.4%)
  • XU CHUN MAN(1.2%)
  • BlackRock Fund Advisors(1.1%)
  • Invesco Hong Kong Ltd.(1.1%)

Address

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

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