Here Group Limited (HERE)

From the record

Here Group Limited's filings since 2022 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Here Group Limited's 6 filed years say what it did: revenue went from CNY 1.8 billion in fiscal 2021 to CNY 597 million in fiscal 2026, down 19.5% a year; it rose in 4 of 5 years; the deepest fall was 98% from fiscal 2024 to fiscal 2025; net income was positive in 3 of 6 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-06-30, Here Group Limited's diluted share count grew about 15.8% a year, and dividends and buybacks returned about 24% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-06-30, Here Group Limited earned about 10 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 17 cents per dollar of everything the company owns. Leverage: it owed about 45 cents per dollar of assets, and net share issuance: its share count grew 0.1% over the year (the filed statements).

From the record

Here Group Limited's standing among 18 graded names in its industry family: revenue of CNY 597 million in fiscal 2026 is not ranked by size, since the family reports in another currency; a net margin of 10.6% ranks in the top 3%; revenue growth of -42.1% a year over the last 3 filed years ranks in the bottom 3% (its annual reports).

From the record

Here Group Limited's room to grow, from the newest filed statements (fiscal 2026): cash of CNY 431 million against no long-term debt tagged leaves 37.9% of its assets as net cash, top 8% of its family; cash from operations less capital spending is -27.2% of revenue (bottom 3%); a gross margin of 33.1% (top 38%); research spending of 7.4% of revenue (top 25%) (its annual report).

From the record

Here Group Limited's growth drivers, from the filed years to fiscal 2026: revenue grew -42.1% a year over the last three filed years against -19.5% over all 6, slowing (bottom 16% of its family); the newest year grew 808.6% (top 3%); research spending grew -41.4% a year (bottom 25%); capital spending grew 58.9% a year (top 9%) (its annual reports). Here Group Limited tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Here Group Limited's newest year against its own record: revenue of CNY 597 million in fiscal 2026 came in 6101.2% above the CNY 10 million its prior three years' pace pointed to (top 3% of its family); net income of CNY 64 million against a prior three-year average of CNY 211 million (bottom 37%); a net margin of 10.6% against more than its whole revenue before (bottom 3%) (its annual reports).