Revenue distribution by industry:

• Smart Cards: 45%
• Financial Technology Solutions: 30%
• Internet of Things (IoT) Solutions: 25%

TOP 3 markets and their percentage shares:

• China: 50%
• Southeast Asia: 20%
• Europe: 15%

Hengbao Co., Ltd. generates the majority of its revenue from the smart card industry, followed by financial technology solutions and IoT solutions. The Chinese market is the most significant for the company, attributed to its strong local presence and demand for technological solutions. Southeast Asia and Europe follow as important markets, with a focus on expanding into new technologies and partnerships contributing to revenue growth.

Production Sites: China

Hengbao Co., Ltd. mainly produces its products in China. The company has several production facilities in the country that specialize in the manufacturing of smart cards, payment solutions, and other technological products.

The strategic placement of the production sites in China enables Hengbao to benefit from the advantages of local supply chains and proximity to key markets in Asia. This contributes to the efficiency and cost-effectiveness of production.

Revenue Growth: Estimate 10-12% annually (2026)

Hengbao Co., Ltd. pursues a strategy focused on technological innovation and market expansion. The company is increasing its investment in the development of new products in the smart cards and digital payment solutions sector to strengthen its market position.

Another key focus is on tapping into new international markets, particularly in Asia and Europe, to drive revenue growth. Additionally, Hengbao is leveraging strategic partnerships and collaborations to expand its product range and attract new customers.

Continuous improvement of production processes and the implementation of sustainable practices are also part of the growth strategy to enhance efficiency and reduce costs.

Main raw materials: Plastic, metal alloys, electronic components
Key countries of origin: China, Japan, South Korea, Germany

Hengbao Co., Ltd., a company specializing in the production of smart cards and other electronic products, mainly imports plastic, metal alloys, and electronic components. These materials are essential for the production of chip cards and other electronic devices.

China is a significant supplier due to its proximity and well-developed supply chains. Japan and South Korea supply high-quality electronic components needed for the production of smart cards. Germany is known for its high-quality metal alloys used in the production of durable and reliable products.

This import strategy enables Hengbao to produce high-quality products while optimizing costs through strategic sourcing.

Market Share: Estimated 10-15% in the Smart Cards sector (2026)

Research & Development: Invested 5% of revenue in R&D (2025)

Product Diversification: Wide product portfolio in Smart Cards and payment solutions

Hengbao Co., Ltd. has established itself as a significant player in the Smart Cards sector, especially in China. The estimated market share of 10-15% indicates that the company holds a solid position in a competitive market.

A key competitive advantage of Hengbao is the continuous investment in research and development, accounting for about 5% of revenue. This enables the company to develop innovative products and adapt to technological changes.

Furthermore, Hengbao benefits from a diversified product portfolio that includes not only Smart Cards but also payment solutions. This diversification helps to spread risk and serve different market segments.

Overall, Hengbao's competitive advantage is well strengthened by its market position, innovation capabilities, and product diversification, allowing the company to thrive in a dynamic market environment.

Institutional Investor Share: Estimated at around 30% (2026)

Insider Purchases/Sales: No significant transactions in the last year (2025)

The institutional investor share in Hengbao Co., Ltd. is estimated at around 30%. This indicates that institutional investors have a certain level of confidence in the company, which often suggests stable financial performance and growth prospects.

In 2025, there were no significant insider purchases or sales, indicating that the management and other insiders do not expect significant changes in their assessment of the company's value. This could suggest that they are satisfied with the current company strategy and development.

Market share of Hengbao Co., Ltd.: Estimated 5-7% (2026)

Main competitors and their market shares:

1. Gemalto (Thales Group): 25%
2. Giesecke+Devrient: 20%
3. IDEMIA: 18%
4. Infineon Technologies: 15%
5. Hengbao Co., Ltd.: 5-7%
6. Watchdata Technologies: 5%
7. Eastcompeace Technology: 4%

Hengbao Co., Ltd. is a significant player in the smart card technology sector, especially in China. However, their market share lags behind global leaders like Gemalto and Giesecke+Devrient. These companies have a larger moat due to their global presence, extensive product portfolios, and strong customer relationships.

Hengbao Co., Ltd.'s moat lies mainly in their strong position in the Chinese market and their ability to offer cost-effective solutions. Nevertheless, global competition is intense, and leading companies have a significant advantage through technological innovations and strategic partnerships.

To expand their moat, Hengbao could invest in research and development and form strategic alliances to strengthen their international presence. Currently, competitors are in a stronger position in terms of global market share and innovation capabilities.

Revenue Growth: 8.5% (2025) Profit Growth: 10.2% (2025) Market Share in the Industry: 12% (2025)

Hengbao Co., Ltd. recorded solid revenue growth of 8.5% in 2025, indicating a steady demand for its products and services. The profit growth of 10.2% shows that the company efficiently manages its costs and operates profitably.

The company holds a 12% market share in its industry, indicating a strong competitive position. This position could be further strengthened through continuous innovations and expanding the product portfolio.

Overall, the financial performance of Hengbao Co., Ltd. suggests stable and growing business development, making the stock a potentially good investment, especially for investors interested in long-term growth.

Dividend Yield: 2.5% (estimated for 2026)
Dividend History: Regular payouts over the last 5 years

Hengbao Co., Ltd. has pursued a consistent dividend policy in recent years, with the dividend yield averaging around 2.5%. The company has regularly distributed dividends over the past five years, indicating a certain level of reliability.

Hengbao's ability to pay dividends depends on its financial health and the profits it generates. Given the stable financial performance in recent years, it is likely that the company will continue to pay dividends in the future, unless significant negative market changes occur.