company background image
2452 logo

Changgao Electric Group SZSE:002452 Stock Report

Last Price

CN¥6.86

Market Cap

CN¥4.2b

7D

0%

1Y

3.2%

Updated

02 May, 2024

Data

Company Financials

Changgao Electric Group Co., Ltd.

SZSE:002452 Stock Report

Market Cap: CN¥4.2b

2452 Stock Overview

Changgao Electric Group Co., Ltd. engages in the research, development, manufacture, and sale of power transmission and transformation equipment in the People's Republic of China and internationally.

2452 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

Changgao Electric Group Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Changgao Electric Group
Historical stock prices
Current Share PriceCN¥6.86
52 Week HighCN¥7.79
52 Week LowCN¥4.01
Beta0.30
1 Month Change1.18%
3 Month Change39.15%
1 Year Change3.16%
3 Year Change22.28%
5 Year Change68.97%
Change since IPO18.51%

Recent News & Updates

We Think Changgao Electric Group (SZSE:002452) Can Manage Its Debt With Ease

Apr 24
We Think Changgao Electric Group (SZSE:002452) Can Manage Its Debt With Ease

Even With A 30% Surge, Cautious Investors Are Not Rewarding Changgao Electric Group Co., Ltd.'s (SZSE:002452) Performance Completely

Mar 04
Even With A 30% Surge, Cautious Investors Are Not Rewarding Changgao Electric Group Co., Ltd.'s (SZSE:002452) Performance Completely

Recent updates

We Think Changgao Electric Group (SZSE:002452) Can Manage Its Debt With Ease

Apr 24
We Think Changgao Electric Group (SZSE:002452) Can Manage Its Debt With Ease

Even With A 30% Surge, Cautious Investors Are Not Rewarding Changgao Electric Group Co., Ltd.'s (SZSE:002452) Performance Completely

Mar 04
Even With A 30% Surge, Cautious Investors Are Not Rewarding Changgao Electric Group Co., Ltd.'s (SZSE:002452) Performance Completely

Shareholder Returns

2452CN ElectricalCN Market
7D0%3.9%3.1%
1Y3.2%-15.8%-13.1%

Return vs Industry: 002452 exceeded the CN Electrical industry which returned -15.8% over the past year.

Return vs Market: 002452 exceeded the CN Market which returned -13.1% over the past year.

Price Volatility

Is 2452's price volatile compared to industry and market?
2452 volatility
2452 Average Weekly Movement7.8%
Electrical Industry Average Movement9.1%
Market Average Movement8.6%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 002452's share price has been volatile over the past 3 months.

Volatility Over Time: 002452's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19981,814Xiao Mawww.changgaogroup.com

Changgao Electric Group Co., Ltd. engages in the research, development, manufacture, and sale of power transmission and transformation equipment in the People's Republic of China and internationally. The company offers gas insulated metal enclosed switchgear, hybrid combined electrical appliances, porcelain pillar and tank circuit breaker, outdoor high voltage AC/DC isolation and grounding switch, high and low voltage electrical appliances, high voltage vacuum circuit breaker, combine and comprehensive substation automation product, and distribution automation intelligent terminal, as well as intelligent high-voltage distribution box assembly system. It also provides ground, and enterprise and household rooftop distributed photovoltaic power station; wind power stations; and power design and engineering services.

Changgao Electric Group Co., Ltd. Fundamentals Summary

How do Changgao Electric Group's earnings and revenue compare to its market cap?
2452 fundamental statistics
Market capCN¥4.17b
Earnings (TTM)CN¥182.39m
Revenue (TTM)CN¥1.52b

22.8x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2452 income statement (TTM)
RevenueCN¥1.52b
Cost of RevenueCN¥983.79m
Gross ProfitCN¥536.02m
Other ExpensesCN¥353.63m
EarningsCN¥182.39m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin35.27%
Net Profit Margin12.00%
Debt/Equity Ratio6.9%

How did 2452 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

24%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.