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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Lenovo Group Limited    992   HK0992009065

LENOVO GROUP LIMITED

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Lenovo : 3Q Net Profit Beat Expectations -- Earnings Review

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02/20/2020 | 06:13am EDT

By Yifan Wang

 

Lenovo Group Ltd. released its results for the third quarter on Thursday. Here's what you need to know:

 

NET PROFIT: Net profit for the October-to-December quarter rose 11% on year to $258 million, beating a FactSet consensus estimate of $217 million.

 

REVENUE: Revenue edged up to $14.10 billion from $14.04 billion a year earlier, also higher than the FactSet consensus expectation of $13.35 billion.

 

WHAT WE WATCHED:

-- Coronavirus Impact: Some of Lenovo's factories remain closed while others have resumed production at partial capacity, company CEO Yang Yuanqing said in an interview. But the company said its global manufacturing capacities could buffer the disruptions.

-- PC Business: A shortage of Intel's central processing units has limited personal computer makers' production and sales globally since early 2019. The company said its "strong execution" of product mix improvement mitigated the shortage issue. Lenovo has been continuously shifting into high-growth and premium products such as gaming computers.

 

Write to Yifan Wang at yifan.wang@wsj.com

 

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Financials (USD)
Sales 2020 49 741 M
EBIT 2020 1 441 M
Net income 2020 640 M
Debt 2020 1 911 M
Yield 2020 6,34%
P/E ratio 2020 9,63x
P/E ratio 2021 8,34x
EV / Sales2020 0,16x
EV / Sales2021 0,14x
Capitalization 6 215 M
Chart LENOVO GROUP LIMITED
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Lenovo Group Limited Technical Analysis Chart | 992 | HK0992009065 | MarketScreener
Technical analysis trends LENOVO GROUP LIMITED
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
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Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 0,76  $
Last Close Price 0,52  $
Spread / Highest target 98,7%
Spread / Average Target 47,5%
Spread / Lowest Target 2,27%
EPS Revisions
Managers
NameTitle
Yuan Qing Yang Chairman & Chief Executive Officer
Gianfranco Lanci President & Chief Operating Officer
Wai Ming Wong Chief Financial Officer & Executive Vice President
Arthur Hu Chief Information Officer & Senior Vice President
Yong Rui Chief Technology Officer & Senior Vice President
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