How does ZHT's PE Ratio compare to its peers?

ZHT is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the peer average (22.6x).

How does ZHT's PE Ratio compare vs other companies in the European Electrical Industry?

ZHT is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the European Electrical industry average (16.5x).

What is ZHT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ZHT is good value based on its Price-To-Earnings Ratio (24.8x) compared to the estimated Fair Price-To-Earnings Ratio (30.4x).

What is the Fair Price of ZHT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ZHT ($9.8) is trading below our estimate of [[fair value]] ($12.38)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

ZHT Stock Overview

Designs, develops, produces, and sells lithium-ion (Li-ion) battery post-processing systems for charging and discharging industry in China and internationally. More details

ZHT fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	1/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 20.9% below our estimate of its fair value

Earnings are forecast to grow 36.72% per year

Risk Analysis

High level of non-cash earnings

Dividend of 2.33% is not well covered by free cash flows

Profit margins (14.3%) are lower than last year (20.6%)

My Notes

Capture your thoughts, links and company narrative

Zhejiang HangKe Technology Incorporated Company Competitors

Huber+Suhner

SWX:HUBN

CHF 1.3b

Phoenix Mecano

SWX:PMN

CHF 403.0m

Von Roll Holding

SWX:ROL

CHF 287.3m

Carlo Gavazzi Holding

SWX:GAV

CHF 134.3m

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang HangKe Technology
Historical stock prices
Current Share Price	CN¥9.80
52 Week High	CN¥0
52 Week Low	CN¥0
Beta	0.72
1 Month Change	0%
3 Month Change	0%
1 Year Change	0%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-28.47%

Recent updates

Shareholder Returns

	ZHT	CH Electrical	CH Market
7D	0%	-4.9%	-1.8%
1Y	0%	32.9%	1.5%

Return vs Industry: ZHT underperformed the Swiss Electrical industry which returned 32.9% over the past year.

Return vs Market: ZHT underperformed the Swiss Market which returned 1.5% over the past year.

Price Volatility

Is ZHT's price volatile compared to industry and market?
ZHT volatility
ZHT Average Weekly Movement	0%
Electrical Industry Average Movement	3.6%
Market Average Movement	3.2%
10% most volatile stocks in CH Market	7.4%
10% least volatile stocks in CH Market	1.6%

Stable Share Price: Data is not available.

Volatility Over Time: Insufficient data to determine ZHT's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1948	3,997	Pingguang Yu	www.chr-group.net

Zhejiang HangKe Technology Incorporated Company designs, develops, produces, and sells lithium-ion (Li-ion) battery post-processing systems for charging and discharging industry in China and internationally. It offers post processing systems for pouch and prismatic Li-ion power cells, as well as for cylindrical and 3C pouch Li-ion cells; and test and logistics software systems. The company was founded in 1948 and is based in Hangzhou, China.

Zhejiang HangKe Technology Incorporated Company Fundamentals Summary

How do Zhejiang HangKe Technology's earnings and revenue compare to its market cap?
ZHT fundamental statistics
Market cap	US$1.60b
Earnings (TTM)	US$64.59m
Revenue (TTM)	US$451.53m

24.8x

P/E Ratio

3.5x

P/S Ratio

Is ZHT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ZHT income statement (TTM)
Revenue	CN¥3.29b
Cost of Revenue	CN¥2.36b
Gross Profit	CN¥935.53m
Other Expenses	CN¥464.33m
Earnings	CN¥471.19m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.78
Gross Margin	28.40%
Net Profit Margin	14.30%
Debt/Equity Ratio	0.7%

How did ZHT perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

58%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 13:17
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zhejiang HangKe Technology Incorporated Company is covered by 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Fu Yang	Chasing Securities
Jing Zou	China International Capital Corporation Limited
Xianfan Chen	China International Capital Corporation Limited