Helios Technologies (NYSE:HLIO) Q4 2025 Earnings call March 03, 2026 09:00 AM ET Company ParticipantsDavid Tarantino - VPJeremy Evans - EVP and CFONathan Jones - Managing Director and Head of Industrials ResearchSean Bagan - President and CEOTania Almond - VP of Investor Relations and Corporate CommunicationTomohiko Sano - Managing DirectorConference Call ParticipantsMircea Dobre - Senior Research AnalystNone - AnalystOperatorGreetings, and welcome to the Helios Technologies Fourth Quarter Fiscal Year 2025 ...

Market Overview - The report indicates that the A-share market is likely to continue its oscillating adjustment in the short term, with major indices experiencing collective declines [2][3][11] - The overall market sentiment is cautious, with a significant drop in trading volume, as the total transaction amount in the two markets has shrunk to approximately 2.7 trillion [3][12] - The report highlights that the market is currently in a phase of performance expectations versus fundamental verification, particularly as the end of January approaches, which will see a peak in annual report forecasts [3][12] Sector Analysis Precious Metals - The precious metals sector has shown continued strength, driven by rising gold and silver futures, with five key factors contributing to this trend: the onset of a Fed rate cut cycle, increased geopolitical tensions, strong demand for gold from global central banks, a weakening dollar, and rising inflation concerns [9] - The report advises caution against chasing prices in the precious metals market after significant increases, suggesting short-term trading opportunities with stop-loss measures [9] Real Estate - The real estate sector has become active due to a series of supportive policies from central and local governments aimed at stabilizing the market, including relaxed lending and purchasing restrictions [10] - The report anticipates that ongoing policy support and improving supply-demand dynamics will boost the sector, with a focus on high-quality companies with land reserve advantages and those returning to stable growth [10] Future Market Outlook - The report maintains a positive medium-term outlook for the market, citing a global interest rate cut cycle entering its second half and a favorable macro liquidity environment [3][12] - It suggests that investors should remain cautious in the short term, waiting for signs of market stabilization before adjusting strategies, while also identifying long-term investment opportunities in sectors with strong policy support and performance certainty [3][12]

Core Viewpoint - The stock of Jihong Co., Ltd. has experienced fluctuations, with a recent decline of 2.03% and a year-to-date increase of 17.97% as of January 15, 2023 [1] Company Overview - Jihong Co., Ltd. is based in Xiamen, Fujian Province, and was established on December 24, 2003, with its IPO on July 12, 2016 [2] - The company primarily engages in cross-border social e-commerce and paper packaging for fast-moving consumer goods (FMCG), with revenue contributions of 65.45% from e-commerce and 34.49% from packaging [2] - The business operates through three segments: cross-border social e-commerce, paper packaging services, and other marketing and advertising services [2] Financial Performance - As of September 30, 2025, Jihong Co., Ltd. reported a revenue of 5.039 billion yuan, reflecting a year-on-year growth of 29.29%, and a net profit of 216 million yuan, up 60.11% [3] - The company has distributed a total of 706 million yuan in dividends since its A-share listing, with 519 million yuan in the last three years [4] Shareholder Information - The number of shareholders increased to 40,800, a rise of 10.93%, while the average circulating shares per person decreased by 9.85% to 7,084 shares [3] - As of September 30, 2025, Hong Kong Central Clearing Limited is the second-largest shareholder, holding 39.41 million shares, a decrease of 87,900 shares from the previous period [4]

Group 1 - Shanghai Mita Trade Co., Ltd. has been established with a registered capital of 2 million RMB, fully owned by Shanghai Mita Cultural Development Co., Ltd. [1] - The business scope includes sales agency, trade brokerage, domestic trade agency, toy sales, and various retail activities including daily necessities, office supplies, and electronic products [1] - The company is classified under the wholesale and retail industry, specifically in other wholesale sectors [1] Group 2 - The legal representative of Shanghai Mita Trade Co., Ltd. is not specified in the document [1] - The company is located at 89 Yunling East Road, Putuo District, Shanghai, with a business duration until December 26, 2025, and no fixed term thereafter [1] - The company type is a limited liability company, not controlled by natural persons [1]

Core Insights - Xiamen Jihong Technology Co., Ltd. focuses on cross-border social e-commerce and paper packaging for fast-moving consumer goods (FMCG) [1] - The company's revenue composition is 65.45% from e-commerce, 34.49% from packaging, and 0.06% from other businesses [1] - The stock price of Jihong shares increased by 5.17% to 16.48 CNY per share, with a total market capitalization of 7.423 billion CNY [1] Company Overview - Xiamen Jihong Technology was established on December 24, 2003, and went public on July 12, 2016 [1] - The company operates primarily through three divisions: cross-border social e-commerce, paper packaging, and other marketing and advertising services [1] Fund Holdings - One fund, the China Europe Data Mining Mixed A (001990), holds a significant position in Jihong shares, with 313,100 shares, representing 0.62% of the fund's net value [2] - The fund has generated a floating profit of approximately 253,600 CNY from its investment in Jihong [2] Fund Manager Performance - The fund manager, Qu Jing, has been in position for over 10 years, with a total fund size of 3.359 billion CNY [3] - The best return during Qu Jing's tenure is 189.5%, while the worst return is -24.21% [3]

Core Insights - Chuxiong Xiyang Trading Co., Ltd. has been established with a registered capital of 100,000 RMB and is represented by Yang Jianyong [1] Business Scope - The company is authorized to engage in food sales, beverage production, food production, and road cargo transportation (excluding hazardous goods) [1] - It can also conduct various general projects including the sale of pre-packaged food, internet sales (excluding licensed goods), agricultural and sideline product sales, and technical services [1] - Additional activities include the manufacturing of specialized equipment for food, alcohol, beverages, and tea production, as well as advertising services and personal internet live streaming [1]

Core Viewpoint - A new company, Zhongshan Huaxinchen Cultural Gifts Co., Ltd., has been established with a registered capital of 500,000 RMB, focusing on the manufacturing and sales of various cultural and artistic products, excluding ivory and its products [1] Group 1: Company Overview - The registered capital of Zhongshan Huaxinchen Cultural Gifts Co., Ltd. is 500,000 RMB [1] - The company operates in multiple sectors including the manufacturing and sales of arts and crafts, cultural gifts, and various metal and plastic products [1] - The company is also involved in professional design services, advertising design, and internet sales, among other activities [1] Group 2: Business Scope - The business scope includes manufacturing and retail of arts and crafts, cultural products, and various consumer goods [1] - The company is permitted to engage in import and export activities, excluding goods and technologies that are prohibited or require administrative approval [1] - The company can operate independently within the scope of its business license, without needing further approvals for most activities [1]

Group 1 - A new company, Huizhou Chenyangguang Industrial Trade Co., Ltd., has been established with a registered capital of 50,000 RMB [1] - The company's business scope includes the sale of clothing accessories, wholesale of clothing and apparel, and sales of textiles and raw materials [1] - Additional activities include the sale of plastic products, hardware products, and the development of carbon fiber recycling technology [1] Group 2 - The company is also involved in the sale of sewing machinery, labor protection products, furniture, and home goods [1] - It offers a wide range of electronic products and components, as well as communication equipment [1] - The company engages in import and export activities, technical services, and trade brokerage [1]

Core Insights - A new company, Pingxiang Qicai Trading Co., Ltd., has been established with a registered capital of 30,000 RMB and is represented by Xie Lan [1] Company Overview - The company operates in various sectors, including the sales of chemical products (excluding licensed chemical products), coatings, pigments, building decoration materials, electronic products, rubber products, machinery and equipment, and building materials [1] - Additional business activities include the wholesale and retail of hardware products, clothing and cosmetics, as well as import and export of goods and technology [1] - The company is also involved in new material technology promotion and research, production of magnetic materials, and inspection and sorting services for clothing and accessories [1]

Core Viewpoint - Jiangxi Boshi Medical Equipment Co., Ltd. has been established with a registered capital of 300,000 RMB, focusing on the sale and rental of various medical devices and related services [1] Company Overview - The legal representative of Jiangxi Boshi Medical Equipment Co., Ltd. is Peng Xiaoyou [1] - The company has a registered capital of 300,000 RMB [1] Business Scope - The company is authorized to operate in the following areas: - Third-class medical device sales and rental, subject to approval [1] - First-class and second-class medical device sales [1] - Sales of sanitary products and disposable medical supplies [1] - Sales of electronic products and information consulting services (excluding licensed consulting services) [1] - Sales of disinfectants (excluding hazardous chemicals) [1] - Remote health management services and nursing institution services (excluding medical services) [1] - Professional cleaning, disinfection services, and personal hygiene product sales [1] - Health consulting services (excluding diagnostic services) [1] - Sales and rental of various mechanical and office equipment [1] - Technical services, development, consulting, and technology transfer [1] - Wholesale of medical protective supplies and sports equipment [1] - Retail of daily necessities and chemical products (excluding licensed chemicals) [1]