SEHK:9609Electronic
Hebei Haiwei Electronic New Material Technology (SEHK:9609) Stock Faces Margin Crunch Behind 65x P/E
Hebei Haiwei Electronic New Material Technology came into this earnings release with a hot share price and a cold profit trend. The stock is up about 17% over the past three months and trades on a P/E of 65x. However, the latest half year tells a very different story. Basic earnings per share for H1 2026 were C¥0.03 on revenue of C¥163.536m, with net income of C¥5.42m. That margin squeeze is the main point of focus and it raises hard questions for anyone paying up for this earnings...