company background image
603016 logo

Wuxi New Hongtai Electrical TechnologyLtd SHSE:603016 Stock Report

Last Price

CN¥27.95

Market Cap

CN¥4.1b

7D

2.5%

1Y

47.0%

Updated

21 Oct, 2024

Data

Company Financials

Wuxi New Hongtai Electrical Technology Co.,Ltd

SHSE:603016 Stock Report

Market Cap: CN¥4.1b

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.

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

Wuxi New Hongtai Electrical Technology Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Wuxi New Hongtai Electrical TechnologyLtd
Historical stock prices
Current Share PriceCN¥27.95
52 Week HighCN¥32.00
52 Week LowCN¥13.83
Beta0.45
11 Month Change72.11%
3 Month Change95.59%
1 Year Change47.03%
33 Year Change38.23%
5 Year Change95.73%
Change since IPO128.54%

Recent News & Updates

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

Recent updates

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
7D2.5%2.7%2.7%
1Y47.0%9.6%4.6%

Return vs Industry: 603016 exceeded the CN Electrical industry which returned 9.6% over the past year.

Return vs Market: 603016 exceeded the CN Market which returned 4.6% over the past year.

Price Volatility

Is 603016's price volatile compared to industry and market?
603016 volatility
603016 Average Weekly Movement8.7%
Electrical Industry Average Movement8.0%
Market Average Movement7.6%
10% most volatile stocks in CN Market11.5%
10% least volatile stocks in CN Market5.3%

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 (9%) 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¥4.14b
Earnings (TTM)CN¥68.51m
Revenue (TTM)CN¥637.11m

60.4x

P/E Ratio

6.5x

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

Oct 29, 2024

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

1.3%

Current Dividend Yield

67%

Payout Ratio