0196: Honghua Group Limited - Summary | Jitta

Honghua Group Limited

HKG:0196

Price
HK$0.17
Loss Chance
48.1%
3.31JITTA SCORE
13.19%Over Jitta Line
Jitta Ranking
16 / 54
905 / 2,514
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (65)
Recent Business Performance (61)
Financial Strength (43)
Return to Shareholders (0)
Competitive Advantage (36)
Jitta Signs
SG&A to SalesDecreasing Every Year
Revenue and EarningEarning loss detected in 2023
Recent Business PerformanceEarning decline 172.54% in the last quarter (yoy)
New Share IssuedMore than 50% in 5 years
CapExVery High
Key Stats
Jitta Score
Jitta Line
3.31
13.19%
2.80
131.15%
Oil and Gas Equipment and Services
1.31
> 1,000%
1.05
100.00%
1.05
100.00%
COMPANY DESCRIPTION
Honghua Group Limited, an investment holding company, engages in the research, design, manufacture, setting, and sale of land rigs, and related parts and components. The company operates through five segments: Land Drilling Rigs; Parts and Components and Others; Drilling Engineering Services; Fracturing Services; and Offshore Engineering. The company offers drilling rigs equipment, such as smart, polar, desert, fast moving, artificial island, vehicle-mounted/semi-trailer, geothermal drilling rigs, and electric well workover rig, as well as parts and accessories. It also offers fracturing equipment, including all-electric fracturing equipment solutions, and digital electric and hydraulic drive coiled tubing machine. In addition, the company offers photovoltaic solutions for the oil and gas industry; wind power generation service, including planning and demonstration, wind measurement, equipment selection, energy planning and management, construction, commissioning, and operation and maintenance; and gas power generation, as well as energy storage systems. Further, it manufactures panels of drilling rigs, and petroleum power equipment; trades in drilling rigs and related parts; designs and manufactures offshore drilling modules; and provides testing, marketing, technical support and training, drilling engineering services, and after-sales service, such as rig installation, commissioning, and solution. Additionally, it offers digital products for drilling and completion, offshore wind power jackets, specialized ships, and special power equipment. It operates in the People’s Republic of China, the Americas, the Middle East, Europe, South Asia and South East Asia, and Africa. Honghua Group Limited was founded in 1997 and is headquartered in Chengdu, the People’s Republic of China.