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Hangcha Group SHSE:603298 Stock Report

Last Price

CN¥18.36

Market Cap

CN¥24.0b

7D

0.6%

1Y

3.7%

Updated

25 Dec, 2024

Data

Company Financials +

Hangcha Group Co., Ltd

SHSE:603298 Stock Report

Market Cap: CN¥24.0b

603298 Stock Overview

Manufactures and sells forklift products in China and internationally. More details

603298 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance6/6
Financial Health5/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Hangcha Group Co., Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hangcha Group
Historical stock prices
Current Share PriceCN¥18.36
52 Week HighCN¥24.64
52 Week LowCN¥15.05
Beta0.97
1 Month Change9.22%
3 Month Change-4.97%
1 Year Change3.73%
3 Year Change50.58%
5 Year Change179.39%
Change since IPO97.29%

Recent News & Updates

Why Hangcha Group Co., Ltd (SHSE:603298) Could Be Worth Watching

Dec 23
Why Hangcha Group Co., Ltd (SHSE:603298) Could Be Worth Watching

We Think Hangcha Group (SHSE:603298) Can Stay On Top Of Its Debt

Nov 22
We Think Hangcha Group (SHSE:603298) Can Stay On Top Of Its Debt

Return Trends At Hangcha Group (SHSE:603298) Aren't Appealing

Nov 07
Return Trends At Hangcha Group (SHSE:603298) Aren't Appealing

Recent updates

Why Hangcha Group Co., Ltd (SHSE:603298) Could Be Worth Watching

Dec 23
Why Hangcha Group Co., Ltd (SHSE:603298) Could Be Worth Watching

We Think Hangcha Group (SHSE:603298) Can Stay On Top Of Its Debt

Nov 22
We Think Hangcha Group (SHSE:603298) Can Stay On Top Of Its Debt

Return Trends At Hangcha Group (SHSE:603298) Aren't Appealing

Nov 07
Return Trends At Hangcha Group (SHSE:603298) Aren't Appealing

Lacklustre Performance Is Driving Hangcha Group Co., Ltd's (SHSE:603298) Low P/E

Sep 23
Lacklustre Performance Is Driving Hangcha Group Co., Ltd's (SHSE:603298) Low P/E

At CN¥17.20, Is Hangcha Group Co., Ltd (SHSE:603298) Worth Looking At Closely?

Sep 07
At CN¥17.20, Is Hangcha Group Co., Ltd (SHSE:603298) Worth Looking At Closely?

Should You Be Adding Hangcha Group (SHSE:603298) To Your Watchlist Today?

Aug 12
Should You Be Adding Hangcha Group (SHSE:603298) To Your Watchlist Today?

Returns On Capital Are Showing Encouraging Signs At Hangcha Group (SHSE:603298)

Jul 28
Returns On Capital Are Showing Encouraging Signs At Hangcha Group (SHSE:603298)

Does Hangcha Group (SHSE:603298) Have A Healthy Balance Sheet?

Jul 12
Does Hangcha Group (SHSE:603298) Have A Healthy Balance Sheet?

An Intrinsic Calculation For Hangcha Group Co., Ltd (SHSE:603298) Suggests It's 22% Undervalued

May 22
An Intrinsic Calculation For Hangcha Group Co., Ltd (SHSE:603298) Suggests It's 22% Undervalued

Is Now The Time To Look At Buying Hangcha Group Co., Ltd (SHSE:603298)?

May 09
Is Now The Time To Look At Buying Hangcha Group Co., Ltd (SHSE:603298)?

Hangcha Group Co., Ltd Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models

Apr 26
Hangcha Group Co., Ltd Recorded A 10% Miss On Revenue: Analysts Are Revisiting Their Models

Should You Be Adding Hangcha Group (SHSE:603298) To Your Watchlist Today?

Apr 14
Should You Be Adding Hangcha Group (SHSE:603298) To Your Watchlist Today?

These 4 Measures Indicate That Hangcha Group (SHSE:603298) Is Using Debt Reasonably Well

Mar 27
These 4 Measures Indicate That Hangcha Group (SHSE:603298) Is Using Debt Reasonably Well

We Like These Underlying Return On Capital Trends At Hangcha Group (SHSE:603298)

Feb 29
We Like These Underlying Return On Capital Trends At Hangcha Group (SHSE:603298)

Shareholder Returns

603298CN MachineryCN Market
7D0.6%0.09%0.4%
1Y3.7%11.4%12.3%

Return vs Industry: 603298 underperformed the CN Machinery industry which returned 11.4% over the past year.

Return vs Market: 603298 underperformed the CN Market which returned 12.3% over the past year.

Price Volatility

Is 603298's price volatile compared to industry and market?
603298 volatility
603298 Average Weekly Movement5.9%
Machinery 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: 603298 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 603298's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19566,076Li Min Zhaowww.hcforklift.com

Hangcha Group Co., Ltd manufactures and sells forklift products in China and internationally. The company offers lithium e-trucks, e-trucks, IC - trucks, pallet trucks, pallet stackers, reach trucks, order pickers, tow tractors, very narrow aisle trucks, rough terrain trucks, aerial platforms, explosion proof forklifts, and AGVs. It serves retail/wholesale, food/pharma, transport/logistics, manufacturing, automotive, ports/terminals, chemical/energy, forestry/wood, and other industries.

Hangcha Group Co., Ltd Fundamentals Summary

How do Hangcha Group's earnings and revenue compare to its market cap?
603298 fundamental statistics
Market capCN¥24.00b
Earnings (TTM)CN¥2.00b
Revenue (TTM)CN¥16.47b

12.1x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603298 income statement (TTM)
RevenueCN¥16.47b
Cost of RevenueCN¥12.75b
Gross ProfitCN¥3.72b
Other ExpensesCN¥1.72b
EarningsCN¥2.00b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.52
Gross Margin22.59%
Net Profit Margin12.12%
Debt/Equity Ratio2.7%

How did 603298 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

24%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 09:18
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

Hangcha Group Co., Ltd is covered by 17 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Summer WangBofA Global Research
Fu YangChasing Securities
Jing ZouChina International Capital Corporation Limited