Handelsavisen
prelaunch
Companies Energy 0196.HK
01
0196.HK HKEX Oil Related Services and Equipment

Honghua Group Ltd

HK$0,18
Open in Charts → Attach watcher ⌖
HKD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
P/E
EV / Rev
Div yield
Op margin
ROE
Net margin
Debt / equity
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Honghua Group Ltd provides oil-related services and equipment, primarily serving the fossil fuels industry.

Business. Honghua Group Ltd (0196.HK) is an oil-related services and equipment company operating within the fossil fuels sector of the energy industry. The firm is headquartered in China and is primarily listed on the Hong Kong Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorEnergy
Business sectorEnergy - Fossil Fuels
IndustryOil Related Services and Equipment
ActivityEnergy - Fossil Fuels
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
not yet wired
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 0196.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy · THIS SECTOR+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 0196.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Honghua Group Ltd (0196.HK) is an oil-related services and equipment company operating within the fossil fuels sector of the energy industry. The firm is headquartered in China and is primarily listed on the Hong Kong Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorEnergy
    Business sectorEnergy - Fossil Fuels
    IndustryOil Related Services and Equipment
    ActivityEnergy - Fossil Fuels
    AI synthesis
    GENERATED

    Honghua Group Ltd has a basic and diluted share count of 9,040,489,151 shares outstanding, indicating no dilution from potential share issuance in the current period. However, the company's liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.

    The company's profitability metrics, including return on invested capital (ROIC) and operating margins, are not available in the valuation snapshot. This lack of data prevents a direct comparison to the industry_config preferred metrics for the Energy - Fossil Fuels sector, which typically emphasize ROIC and EBITDA margins as key performance indicators.

    Honghua Group Ltd's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of segment or geographic diversification increases exposure to sector-specific and regional economic risks.

    The company's growth trajectory is constrained by the absence of forward-looking revenue guidance. Analyst estimates indicate a last actual revenue of 3.93 billion CNY, but no year-over-year growth or decline is provided. Without clear revenue history or outlook, assessing the company's growth potential is challenging.

    The risk assessment highlights a low dilution potential, supported by the absence of dilutive events in the current period. However, the lack of liquidity data and the absence of going-concern language in source documents suggest potential operational or financial instability.

    Recent events, including filings and transcripts, are not disclosed in the available data. This absence of recent corporate activity limits the ability to assess management's strategic direction or operational performance.

    Key takeaways
    • Honghua Group Ltd operates in the Energy - Fossil Fuels sector, providing oil-related services and equipment.
    • The company has no dilution in the current period, with basic and diluted shares outstanding equal at 9,040,489,151.
    • Liquidity risk could not be assessed due to missing balance-sheet data and no going-concern language in source documents.
    • The company's profitability and growth metrics are not available, limiting the ability to compare to industry benchmarks.
    • Revenue is concentrated in a single segment, with no geographic diversification disclosed, increasing exposure to sector-specific and regional risks.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2021-03-29
    FY 2021 · Full-year highlights

    Revenue ¥5.49B, −2,5% YoY; Operating income +16,3% YoY.

    Revenue¥5.49B−2,5 % YoY
    Operating income¥172.4M+16,3 % YoY
    Net income¥38.3M+405,8 % YoY
    Free cash flow¥254.4M+5,3 % YoY
    EPS
    Operating cash flow¥26.7M−96,1 % YoY
    Financials
    Income statement
    Revenue¥5.49B
    Gross profit¥684.5M
    Operating income¥172.4M
    Net income¥38.3M
    Margins
    Gross margin12.5%
    Operating margin3.1%
    Net margin0.7%
    FCF margin4.6%
    Balance sheet
    Total assets¥12.61B
    Total liabilities¥9.17B
    Total equity¥3.45B
    Cash & equivalents
    Long-term debt¥4.94B
    Cash flow
    Operating cash flow¥26.7M
    CapEx-¥142.7M
    Free cash flow¥254.4M
    SBC
    P&L flow · revenue → net income
    Revenue ¥5.49BOperating costs ¥5.32BTax ¥134.0MNet income ¥38.3M
    Highlights
    • Revenue ¥5.49B, −2,5% YoY
    • Operating income +16,3% YoY
    • Net income +405,8% YoY
    • Free cash flow +5,3% YoY
    • Net margin 0.7%

    Valuation FY

    Market price
    HK$0,18
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    Net cash
    Current ratio
    Debt / equity
    ROA
    ROE
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • Honghua Group Ltd Market data — financials · 2026-05-26
    • Honghua Group Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Leadership

    • Xu WangExecutive Chairman of the Board

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    0196.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2021-03-29 22:53 UTCEARNINGSAnnual results — FY 2021 Revenue CNY 5.49B · Net CNY 38.3M
    2020-03-30 20:16 UTCEARNINGSAnnual results — FY 2020 Revenue CNY 5.63B · Net CNY 7.6M
    2019-03-29 04:24 UTCEARNINGSAnnual results — FY 2019 Revenue CNY 5.47B · Net CNY -386.6M
    2018-03-29 20:14 UTCEARNINGSAnnual results — FY 2018 Revenue CNY 4.48B · Net CNY -634.4M
    2017-03-29 13:30 UTCEARNINGSAnnual results — FY 2017 Revenue CNY 2.94B · Net CNY -717.2M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage