0992.HK - Lenovo Group Limited

HKSE - HKSE Delayed price. Currency in HKD
4.140
+0.230 (+5.88%)
As of 11:59AM HKT. Market open.
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Previous close3.910
Open3.920
Bid4.130 x 0
Ask4.140 x 0
Day's range3.870 - 4.150
52-week range3.530 - 5.210
Volume90,280,073
Avg. volume35,841,551
Market cap49.741B
Beta1.18
PE ratio (TTM)10.96
EPS (TTM)0.378
Earnings dateN/A
Forward dividend & yield0.27 (7.36%)
Ex-dividend date2017-11-21
1y target est4.32
  • Lenovo CFO on Revenue Growth, Business Strategy
    Bloomberg4 hours ago

    Lenovo CFO on Revenue Growth, Business Strategy

    The worlds second largest PC maker Lenovo Group Ltd. posted its fastest pace of revenue growth in more than two years by pushing higher-priced computers and expanding its datacenter business in a stabilizing ...

  • Lenovo's Financing Costs Just Hit a Record. For No Payoff
    Bloomberg22 hours ago

    Lenovo's Financing Costs Just Hit a Record. For No Payoff

    Lenovo Group Ltd.'s debt load is becoming quite a drag. Used to fund a spate of deals four years ago, the PC maker's mix of bonds, promissory notes and factoring drove financing costs to a record $263.2 million last fiscal year, from just $81 million in 2014. In its earnings report, Lenovo missed an opportunity to write down the goodwill on those investments despite clear evidence that the purchases aren't paying their way.

  • Lenovo's Revenue Beats Estimates as PC Arm Shows Signs of Life
    Bloombergyesterday

    Lenovo's Revenue Beats Estimates as PC Arm Shows Signs of Life

    Lenovo Group Ltd. posted its fastest pace of revenue growth in more than two years by pushing higher-priced computers and expanding its datacenter business in a stabilizing PC market. The world’s second-largest PC vendor reported a 69 percent plunge in net income to $33 million in the three months ended March as it grappled with rising expenses. Lenovo, which became the world’s worst performing technology stock as its smartphones struggle for relevance and it loses ground to rivals such as HP Inc., has focused on burnishing the premium veneer of its bread-and-butter PCs while moving more deeply into the lucrative gaming segment.

  • Lenovo's Profit Plunges 69 Percent as PC Market Remains Lifeless
    Bloombergyesterday

    Lenovo's Profit Plunges 69 Percent as PC Market Remains Lifeless

    Lenovo Group Ltd. posted a 69 percent decline in profit as the personal computer market continues to stagnate and its smartphone business shows little sign of recovery. The world’s second-largest PC vendor reported a net income of $33 million in the three months ended March. Lenovo has become the world’s worst performing technology stock as its smartphones struggle for relevance and its core PC business loses ground to rivals such as HP Inc. The company has been dropped from Hong Kong’s benchmark index as Chairman Yang Yuanqing counts on a turnaround kicking in by early 2019.

  • Lenovo Can Find the Love It Deserves Back Home
    Bloombergyesterday

    Lenovo Can Find the Love It Deserves Back Home

    By the end of today we should know whether Lenovo Group Ltd. took the long overdue step of writing down some of its $5.2 billion in goodwill. To recap: Lenovo went on a $5 billion spending spree four years ago to buy marquee names such as Motorola and IBM to boost its emerging smartphone and server businesses. Today, those units are constant losers (literally), ergo the premiums Lenovo paid for them – in the form of goodwill – ought to be written off.

  • MarketWatch10 days ago

    New AMD chip goes after $10 billion market that Intel dominates

    Advanced Micro Devices is launching yet another offensive on a market that has been sewn up by Intel for more than a decade. While the Ryzen processor family that was unveiled in 2017 goes after a premium segment of the PC market with more than $20 billion of TAM (total addressable market), more than half of that is tied to commercial-device sales. Commercial PCs and notebooks are bought by companies for employees or purchased by employees themselves as part of the BYOD (bring your own device) trend.

  • Financial Times10 days ago

    [$$] VR headsets: Mirage Solo v Oculus Go

    For years now, advocates of virtual reality have been predicting that a breakthrough innovation was just around the corner: a cheap, simple standalone headset that anyone could just pick up and wear. Since the Oculus Rift made its debut on Kickstarter in 2012, VR headsets have needed either a PC, a games console or a smartphone to function. The technology’s proponents preached patience: one day, they promised, a headset would come along that bundles the screen, computing power and motion sensors into a single self-contained unit.

  • Google and Lenovo Chase Facebook in the Standalone VR Market
    Motley Fool12 days ago

    Google and Lenovo Chase Facebook in the Standalone VR Market

    Will the Mirage Solo tackle the low-end Oculus Go?

  • Tech Giants Are Offering Startups Free Patents in a Bid to Foil Lawsuits
    Bloomberg15 days ago

    Tech Giants Are Offering Startups Free Patents in a Bid to Foil Lawsuits

    Red Hat Inc. and Lenovo Group Ltd. are giving away free patents to any startup that joins a group of more than 200 companies devoted to keeping its members and their patents out of court. It’s a carrot to entice startup companies to join the LOT Network, a non-profit created by Alphabet Inc.’s Google and Canon Inc. four years ago to combat litigation by patent assertion companies, known derisively as “trolls,” that don’t make any products but seek royalties by challenging patents. By joining LOT, a company agrees that if they sell patents to such firms, all group members will have a free license to them.

  • Lenovo Gets Dropped From Hong Kong Benchmark
    Bloomberg18 days ago

    Lenovo Gets Dropped From Hong Kong Benchmark

    Removal from the index is likely to spur more outflows from the stock

  • Lenovo Slides After Decision to Drop Stock From Hang Seng Index
    Bloomberg18 days ago

    Lenovo Slides After Decision to Drop Stock From Hang Seng Index

    Lenovo Group Ltd. declined after a decision to drop its shares from Hong Kong’s benchmark stock gauge. The Beijing-based company will be replaced by CSPC Pharmaceutical Group Ltd., as part of Hang Seng Indexes Co.’s quarterly review. The personal computer maker’s stock fell as much as 2.7 percent, while CSPC Pharma’s stock gained as much as 5.4 percent.

  • Lenovo Is Dropped From Hong Kong's Hang Seng Index
    Bloomberg21 days ago

    Lenovo Is Dropped From Hong Kong's Hang Seng Index

    The outlook for Lenovo Group Ltd. shareholders is looking grimmer after the stock was dropped from Hong Kong’s benchmark stock gauge. The Beijing-based company will be replaced by CSPC Pharmaceutical Group Ltd., as part of Hang Seng Indexes Co.’s quarterly review. Lenovo has plunged 57 percent since it was added to the gauge in 2013 to lose $5.9 billion in value.

  • Short-Term Pressure Ahead for China Tech ETFs?
    Zackslast month

    Short-Term Pressure Ahead for China Tech ETFs?

    A U.S. ban on ZTE Corp. hurt sentiment toward Chinese technology sector and these ETFs.

  • China's Tech Stocks Struggle Under ZTE Ban, IPhone Sales Concern
    Bloomberglast month

    China's Tech Stocks Struggle Under ZTE Ban, IPhone Sales Concern

    Already reeling from last week’s ban on ZTE Corp., add the prospect of slowing smartphone sales to a growing list of reasons investors are fleeing China’s technology stocks.

  • Watch Out, Lenovo's Downward Spiral May Not Be Over Just Yet
    Bloomberg3 months ago

    Watch Out, Lenovo's Downward Spiral May Not Be Over Just Yet

    In four years, Lenovo Group Ltd. went from would-be Apple Inc. challenger to an also-ran in smartphones and datacenter servers. Now it’s got a comeback plan, but some investors don’t buy it.

  • The Spy Masters' Case Against Huawei Is Flimsy
    Bloomberg3 months ago

    The Spy Masters' Case Against Huawei Is Flimsy

    The Chinese phone maker's biggest offense may be it's too successful.

  • These are the hottest Chinese consumer brands outside China
    CNBC4 months ago

    These are the hottest Chinese consumer brands outside China

    Lenovo has topped a list of the hottest Chinese brands outside China. But most people in the US probably couldn't name one Chinese brand says an expert

  • Lenovo Posts Surprise Loss as Mobile Unit Struggles Continue
    Bloomberg4 months ago

    Lenovo Posts Surprise Loss as Mobile Unit Struggles Continue

    Lenovo Group Ltd. posted a surprise loss after taking a $400 million charge due to U.S. tax reforms as its mobile business continues to struggle with shrinking revenue.

  • Business Wire4 months ago

    Lenovo’s Three-Wave Strategy Delivers Strong Revenue and Earnings in Third Quarter FY2017/18

    HONG KONG--(BUSINESSWIRE)-- Lenovo Group  (HKSE: 0992) (PINK SHEETS: LNVGY) today announced results for its third fiscal quarter ended December 31, 2017. Revenue was US$12.9 billion, a 6.3 percent increase ...

  • Lenovo Heads for a Goodwill Iceberg
    Bloomberg4 months ago

    Lenovo Heads for a Goodwill Iceberg

    Acquisitions four years ago aren't paying off.