0992.HK - Lenovo Group Limited

HKSE - HKSE Delayed price. Currency in HKD
4.970
-0.110 (-2.17%)
As of 2:07PM HKT. Market open.
Stock chart is not supported by your current browser
Previous close5.080
Open5.030
Bid4.970 x 0
Ask4.980 x 0
Day's range4.960 - 5.140
52-week range3.530 - 5.140
Volume66,104,798
Avg. volume51,407,900
Market cap59.714B
Beta0.82
PE ratio (TTM)N/A
EPS (TTM)-0.131
Earnings dateN/A
Forward dividend & yield0.27 (5.41%)
Ex-dividend date2018-07-10
1y target est4.24
  • Barrons.com5 days ago

    Lenovo's Financial Chief Says the Recovery Is Accelerating

    Turnaround projects for venerable companies take time. In the case of Lenovo Group, which achieved double-digit revenue growth for the second straight quarter late Wednesday, the results offer the latest indication its plan is gaining momentum. This is our third straight quarter of profitability and improvement," Lenovo Chief Financial Officer Wong Wai Ming tells Barron's. The company has pinned a comeback on fortifying its multibillion-dollar hardware and data centers' businesses while undergoing a shift into what it calls "information transforming" for machine learning, artificial intelligence, virtual reality, and blur-fast 5G networks.

  • Lenovo’s Sharp Knife Is Behind Those Meaty Profits
    Bloomberg5 days ago

    Lenovo’s Sharp Knife Is Behind Those Meaty Profits

    There’s no question the ThinkPad maker’s 19 percent increase in sales played a large role, and it’s an impressive figure given the challenges in PCs and in mobile, where the Chinese company owns the former Motorola Mobility unit. Had operating expenses tracked the same rate as a year ago, operating income would have been closer to $1 million, instead of the $180 million Lenovo posted. Lenovo points out in its investor presentation that $105 million in operating expenses was cut from the mobile unit in the June quarter compared with the previous year.

  • The PC Market Just Posted Its Best Quarter in 6 Years
    Motley Foollast month

    The PC Market Just Posted Its Best Quarter in 6 Years

    It's not dead, but it's not growing much, either.

  • ACN Newswire2 months ago

    CES Asia: Innovation at the Speed of 5G

    Rapid pace of global innovation acceleration on display across AI, AR, VR, 5G and more SINGAPORE, June 18, 2018 - (Media OutReach) - CES Asia(R) 2018 wrapped today with the rapid pace of global innovation ...

  • Lenovo CFO on Revenue Growth, Business Strategy
    Bloomberg3 months 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
    Bloomberg3 months 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
    Bloomberg3 months ago

    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 Can Find the Love It Deserves Back Home
    Bloomberg3 months ago

    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.

  • Google and Lenovo Chase Facebook in the Standalone VR Market
    Motley Fool3 months 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
    Bloomberg3 months 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
    Bloomberg3 months ago

    Lenovo Gets Dropped From Hong Kong Benchmark

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

  • Lenovo Is Dropped From Hong Kong's Hang Seng Index
    Bloomberg4 months 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?
    Zacks4 months ago

    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
    Bloomberg4 months ago

    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
    Bloomberg6 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
    Bloomberg6 months ago

    The Spy Masters' Case Against Huawei Is Flimsy

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