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Hangcha Group SHSE:603298 Stock Report

Last Price

CN¥16.81

Market Cap

CN¥22.0b

7D

-2.8%

1Y

6.5%

Updated

23 Nov, 2024

Data

Company Financials +

Hangcha Group Co., Ltd

SHSE:603298 Stock Report

Market Cap: CN¥22.0b

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

Rewards

Trading at 69.9% below our estimate of its fair value

Earnings are forecast to grow 12.17% per year

Earnings grew by 29.7% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 36.2%

Risk Analysis

No risks detected for 603298 from our risk checks.

Hangcha Group Co., Ltd Competitors

Zhengzhou Coal Mining Machinery Group

SHSE:601717

CN¥21.4b

Guangxi Liugong Machinery

SZSE:000528

CN¥22.6b

China Railway Construction Heavy Industry

SHSE:688425

CN¥25.5b

Anhui HeliLtd

SHSE:600761

CN¥15.0b

Price History & Performance

Summary of all time highs, changes and price drops for Hangcha Group
Historical stock prices
Current Share PriceCN¥16.81
52 Week HighCN¥24.64
52 Week LowCN¥15.05
Beta0.94
11 Month Change-4.60%
3 Month Change5.72%
1 Year Change6.54%
33 Year Change35.64%
5 Year Change160.66%
Change since IPO80.63%

Recent News & Updates

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

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
7D-2.8%-1.1%-2.1%
1Y6.5%4.0%2.8%

Return vs Industry: 603298 exceeded the CN Machinery industry which returned 4% over the past year.

Return vs Market: 603298 exceeded the CN Market which returned 2.8% over the past year.

Price Volatility

Is 603298's price volatile compared to industry and market?
603298 volatility
603298 Average Weekly Movement6.8%
Machinery Industry Average Movement8.6%
Market Average Movement8.4%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.7%

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 (7%) 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¥22.02b
Earnings (TTM)CN¥2.00b
Revenue (TTM)CN¥16.47b

11.0x

P/E Ratio

1.3x

P/S Ratio

Is 603298 overvalued?

See Fair Value and valuation analysis

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

2.1%

Current Dividend Yield

24%

Payout Ratio