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Suzhou Veichi Electric SHSE:688698 Stock Report

Last Price

CN¥27.20

Market Cap

CN¥5.7b

7D

0.2%

1Y

0%

Updated

26 Apr, 2024

Data

Company Financials +

Suzhou Veichi Electric Co., Ltd.

SHSE:688698 Stock Report

Market Cap: CN¥5.7b

688698 Stock Overview

Suzhou Veichi Electric Co., Ltd. engages in the development, manufacture, and marketing of industrial automation control products and system solutions in China and internationally.

688698 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance3/6
Financial Health6/6
Dividends2/6

Suzhou Veichi Electric Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Suzhou Veichi Electric
Historical stock prices
Current Share PriceCN¥27.20
52 Week HighCN¥45.00
52 Week LowCN¥22.36
Beta0.47
1 Month Change-0.11%
3 Month Change-7.36%
1 Year Change0%
3 Year Change55.70%
5 Year Changen/a
Change since IPO35.86%

Recent News & Updates

Suzhou Veichi Electric (SHSE:688698) Shareholders Should Be Cautious Despite Solid Earnings

Apr 23
Suzhou Veichi Electric (SHSE:688698) Shareholders Should Be Cautious Despite Solid Earnings

Suzhou Veichi Electric (SHSE:688698) Might Be Having Difficulty Using Its Capital Effectively

Mar 31
Suzhou Veichi Electric (SHSE:688698) Might Be Having Difficulty Using Its Capital Effectively

There's Reason For Concern Over Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) Massive 27% Price Jump

Mar 04
There's Reason For Concern Over Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) Massive 27% Price Jump

Recent updates

Suzhou Veichi Electric (SHSE:688698) Shareholders Should Be Cautious Despite Solid Earnings

Apr 23
Suzhou Veichi Electric (SHSE:688698) Shareholders Should Be Cautious Despite Solid Earnings

Suzhou Veichi Electric (SHSE:688698) Might Be Having Difficulty Using Its Capital Effectively

Mar 31
Suzhou Veichi Electric (SHSE:688698) Might Be Having Difficulty Using Its Capital Effectively

There's Reason For Concern Over Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) Massive 27% Price Jump

Mar 04
There's Reason For Concern Over Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) Massive 27% Price Jump

Should You Be Adding Suzhou Veichi Electric (SHSE:688698) To Your Watchlist Today?

Mar 01
Should You Be Adding Suzhou Veichi Electric (SHSE:688698) To Your Watchlist Today?

Shareholder Returns

688698CN ElectricalCN Market
7D0.2%1.7%2.1%
1Y0%-17.4%-14.2%

Return vs Industry: 688698 exceeded the CN Electrical industry which returned -18.9% over the past year.

Return vs Market: 688698 exceeded the CN Market which returned -14.6% over the past year.

Price Volatility

Is 688698's price volatile compared to industry and market?
688698 volatility
688698 Average Weekly Movement8.7%
Electrical Industry Average Movement9.2%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 688698's share price has been volatile over the past 3 months.

Volatility Over Time: 688698's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20051,421Zhiyong Huwww.veichi.com

Suzhou Veichi Electric Co., Ltd. engages in the development, manufacture, and marketing of industrial automation control products and system solutions in China and internationally. The company provides a range of electrical products, such as low voltage drives, medium voltage drives, multi-motor drives, four-quadrant inverters, and VFD accessories; servo systems, motion controllers, PLC, and HMI; and solar water pump inverters, solar water pumps, off grid solar inverters, battery test systems, and EV controllers. It also offers industry-specific drives, including construction lifting integrated machines, compressors, hydraulic servo, machine tool, water jet weaving electrical control systems, HVLS fan drives, tension control inverters, drawing machines, and pump drive and motors.

Suzhou Veichi Electric Co., Ltd. Fundamentals Summary

How do Suzhou Veichi Electric's earnings and revenue compare to its market cap?
688698 fundamental statistics
Market capCN¥5.72b
Earnings (TTM)CN¥190.80m
Revenue (TTM)CN¥1.30b

30.0x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688698 income statement (TTM)
RevenueCN¥1.30b
Cost of RevenueCN¥813.49m
Gross ProfitCN¥491.39m
Other ExpensesCN¥300.59m
EarningsCN¥190.80m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)0.91
Gross Margin37.66%
Net Profit Margin14.62%
Debt/Equity Ratio1.2%

How did 688698 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

27%

Payout Ratio
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