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Wuxi New Hongtai Electrical TechnologyLtd SHSE:603016 Stock Report

Last Price

CN¥33.13

Market Cap

CN¥4.8b

7D

2.9%

1Y

50.7%

Updated

24 Dec, 2024

Data

Company Financials

Wuxi New Hongtai Electrical Technology Co.,Ltd

SHSE:603016 Stock Report

Market Cap: CN¥4.8b

603016 Stock Overview

Engages in the research, development, production, and sale of components of circuit breakers, low-voltage circuit breakers, and knife-melt switches in China. More details

603016 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Wuxi New Hongtai Electrical Technology Co.,Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Wuxi New Hongtai Electrical TechnologyLtd
Historical stock prices
Current Share PriceCN¥33.13
52 Week HighCN¥39.59
52 Week LowCN¥13.83
Beta0.26
1 Month Change17.98%
3 Month Change77.83%
1 Year Change50.66%
3 Year Change39.67%
5 Year Change96.04%
Change since IPO170.89%

Recent News & Updates

Wuxi New Hongtai Electrical TechnologyLtd's (SHSE:603016) Returns Have Hit A Wall

Nov 25
Wuxi New Hongtai Electrical TechnologyLtd's (SHSE:603016) Returns Have Hit A Wall

Recent updates

Wuxi New Hongtai Electrical TechnologyLtd's (SHSE:603016) Returns Have Hit A Wall

Nov 25
Wuxi New Hongtai Electrical TechnologyLtd's (SHSE:603016) Returns Have Hit A Wall

Wuxi New Hongtai Electrical Technology Co.,Ltd's (SHSE:603016) Shares Climb 27% But Its Business Is Yet to Catch Up

Sep 24
Wuxi New Hongtai Electrical Technology Co.,Ltd's (SHSE:603016) Shares Climb 27% But Its Business Is Yet to Catch Up

Wuxi New Hongtai Electrical Technology Co.,Ltd's (SHSE:603016) Shares May Have Run Too Fast Too Soon

Mar 27
Wuxi New Hongtai Electrical Technology Co.,Ltd's (SHSE:603016) Shares May Have Run Too Fast Too Soon

Shareholder Returns

603016CN ElectricalCN Market
7D2.9%-1.5%-2.1%
1Y50.7%20.4%9.8%

Return vs Industry: 603016 exceeded the CN Electrical industry which returned 20.4% over the past year.

Return vs Market: 603016 exceeded the CN Market which returned 9.8% over the past year.

Price Volatility

Is 603016's price volatile compared to industry and market?
603016 volatility
603016 Average Weekly Movement11.0%
Electrical Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 603016 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 603016's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20081,151Min Hai Zhaowww.newhongtai.com

Wuxi New Hongtai Electrical Technology Co.,Ltd engages in the research, development, production, and sale of components of circuit breakers, low-voltage circuit breakers, and knife-melt switches in China. It offers BMC/SMC molded insulation products for circuit breakers, motors and electric motors, low-voltage circuit breakers, and knife-fused switches; and molding articles and materials. The company was founded in 2008 and is based in Wuxi, China.

Wuxi New Hongtai Electrical Technology Co.,Ltd Fundamentals Summary

How do Wuxi New Hongtai Electrical TechnologyLtd's earnings and revenue compare to its market cap?
603016 fundamental statistics
Market capCN¥4.77b
Earnings (TTM)CN¥68.51m
Revenue (TTM)CN¥637.11m

71.6x

P/E Ratio

7.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603016 income statement (TTM)
RevenueCN¥637.11m
Cost of RevenueCN¥451.00m
Gross ProfitCN¥186.11m
Other ExpensesCN¥117.60m
EarningsCN¥68.51m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.46
Gross Margin29.21%
Net Profit Margin10.75%
Debt/Equity Ratio0.3%

How did 603016 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

67%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 17:21
End of Day Share Price 2024/12/24 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Wuxi New Hongtai Electrical Technology Co.,Ltd is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kun LiPing An Securities Co. Ltd.