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SEC Electric Machinery SHSE:603988 Stock Report

Last Price

CN¥25.99

Market Cap

CN¥6.1b

7D

6.5%

1Y

128.6%

Updated

28 Dec, 2024

Data

Company Financials

SEC Electric Machinery Co., Ltd.

SHSE:603988 Stock Report

Market Cap: CN¥6.1b

603988 Stock Overview

Researches and develops, manufactures, and sells motors in China. More details

603988 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

SEC Electric Machinery Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for SEC Electric Machinery
Historical stock prices
Current Share PriceCN¥25.99
52 Week HighCN¥28.76
52 Week LowCN¥5.92
Beta0.63
1 Month Change13.94%
3 Month Change80.74%
1 Year Change128.58%
3 Year Change59.74%
5 Year Change165.48%
Change since IPO256.56%

Recent News & Updates

Optimistic Investors Push SEC Electric Machinery Co., Ltd. (SHSE:603988) Shares Up 27% But Growth Is Lacking

Dec 26
Optimistic Investors Push SEC Electric Machinery Co., Ltd. (SHSE:603988) Shares Up 27% But Growth Is Lacking

Subdued Growth No Barrier To SEC Electric Machinery Co., Ltd. (SHSE:603988) With Shares Advancing 28%

Nov 10
Subdued Growth No Barrier To SEC Electric Machinery Co., Ltd. (SHSE:603988) With Shares Advancing 28%

Investors Can Find Comfort In SEC Electric Machinery's (SHSE:603988) Earnings Quality

Nov 06
Investors Can Find Comfort In SEC Electric Machinery's (SHSE:603988) Earnings Quality

Recent updates

Optimistic Investors Push SEC Electric Machinery Co., Ltd. (SHSE:603988) Shares Up 27% But Growth Is Lacking

Dec 26
Optimistic Investors Push SEC Electric Machinery Co., Ltd. (SHSE:603988) Shares Up 27% But Growth Is Lacking

Subdued Growth No Barrier To SEC Electric Machinery Co., Ltd. (SHSE:603988) With Shares Advancing 28%

Nov 10
Subdued Growth No Barrier To SEC Electric Machinery Co., Ltd. (SHSE:603988) With Shares Advancing 28%

Investors Can Find Comfort In SEC Electric Machinery's (SHSE:603988) Earnings Quality

Nov 06
Investors Can Find Comfort In SEC Electric Machinery's (SHSE:603988) Earnings Quality

SEC Electric Machinery Co., Ltd.'s (SHSE:603988) 42% Share Price Surge Not Quite Adding Up

Sep 25
SEC Electric Machinery Co., Ltd.'s (SHSE:603988) 42% Share Price Surge Not Quite Adding Up

Here's What's Concerning About SEC Electric Machinery's (SHSE:603988) Returns On Capital

Sep 23
Here's What's Concerning About SEC Electric Machinery's (SHSE:603988) Returns On Capital

SEC Electric Machinery Co., Ltd. (SHSE:603988) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Aug 10
SEC Electric Machinery Co., Ltd. (SHSE:603988) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

SEC Electric Machinery (SHSE:603988) Will Be Hoping To Turn Its Returns On Capital Around

Apr 24
SEC Electric Machinery (SHSE:603988) Will Be Hoping To Turn Its Returns On Capital Around

SEC Electric Machinery's (SHSE:603988) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 05
SEC Electric Machinery's (SHSE:603988) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Revenues Not Telling The Story For SEC Electric Machinery Co., Ltd. (SHSE:603988)

Mar 06
Revenues Not Telling The Story For SEC Electric Machinery Co., Ltd. (SHSE:603988)

Shareholder Returns

603988CN ElectricalCN Market
7D6.5%0.3%-0.6%
1Y128.6%17.6%8.3%

Return vs Industry: 603988 exceeded the CN Electrical industry which returned 17.6% over the past year.

Return vs Market: 603988 exceeded the CN Market which returned 8.3% over the past year.

Price Volatility

Is 603988's price volatile compared to industry and market?
603988 volatility
603988 Average Weekly Movement10.6%
Electrical Industry Average Movement9.1%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.9%
10% least volatile stocks in CN Market5.6%

Stable Share Price: 603988 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 603988's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003907Jianyu Wangwww.sec-motor.com

SEC Electric Machinery Co., Ltd. researches and develops, manufactures, and sells motors in China. The company offers AC motors, such as flameproof explosion, safety explosion, compact asynchronous, wound asynchronous, oil drilling, and squirrel cage asynchronous motors; medium and large-sized DC motors; synchronous motors; wind turbine, turbo, impulse, diesel, and large and medium sized hydro generators; and electrical units comprising transformers and frequency changers. It serves metallurgy, electric power, cement, petrochemical, mine, papermaking, oil drilling and production, wind power, hydro power, shipbuilding, HVAC, and testing machine industries.

SEC Electric Machinery Co., Ltd. Fundamentals Summary

How do SEC Electric Machinery's earnings and revenue compare to its market cap?
603988 fundamental statistics
Market capCN¥6.11b
Earnings (TTM)CN¥19.07m
Revenue (TTM)CN¥659.04m

320.5x

P/E Ratio

9.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603988 income statement (TTM)
RevenueCN¥659.04m
Cost of RevenueCN¥504.93m
Gross ProfitCN¥154.11m
Other ExpensesCN¥135.04m
EarningsCN¥19.07m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Apr 19, 2025

Earnings per share (EPS)0.081
Gross Margin23.38%
Net Profit Margin2.89%
Debt/Equity Ratio0%

How did 603988 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

67%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 21:20
End of Day Share Price 2024/12/27 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

SEC Electric Machinery 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
Dan Dan ZhengHuatai Research