Hengan International Group Co Ltd
01044: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$45.00 | Ckhxp | Chhkqrqfq |
Hengan to Re-Embark on Growth After Near-Term Headwinds Dissipate and Transformation Completes
Business Strategy and Outlook
Health and hygiene product manufacturer Hengan is one of the few Chinese firms on equal footing with global behemoths such as Procter & Gamble, Kimberly-Clark, and Unicharm in the Chinese market. The firm is China’s leading player in the tissue paper, sanitary napkin, and diaper industries, with 10%, 22%, and 12% market shares, respectively.