company background image
002452 logo

Changgao Electric Group SZSE:002452 Stock Report

Last Price

CN¥7.66

Market Cap

CN¥4.6b

7D

-2.0%

1Y

14.2%

Updated

20 Dec, 2024

Data

Company Financials +

Changgao Electric Group Co., Ltd.

SZSE:002452 Stock Report

Market Cap: CN¥4.6b

002452 Stock Overview

Engages in the research, development, manufacture, and sale of power transmission equipment in the People's Republic of China. More details

002452 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Changgao Electric Group Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Changgao Electric Group
Historical stock prices
Current Share PriceCN¥7.66
52 Week HighCN¥9.27
52 Week LowCN¥4.01
Beta0.35
1 Month Change0.66%
3 Month Change6.98%
1 Year Change14.16%
3 Year Change-22.47%
5 Year Change58.26%
Change since IPO32.33%

Recent News & Updates

Is Changgao Electric Group (SZSE:002452) Using Too Much Debt?

Sep 30
Is Changgao Electric Group (SZSE:002452) Using Too Much Debt?

Changgao Electric Group Co., Ltd.'s (SZSE:002452) Prospects Need A Boost To Lift Shares

Aug 20
Changgao Electric Group Co., Ltd.'s (SZSE:002452) Prospects Need A Boost To Lift Shares

Recent updates

Is Changgao Electric Group (SZSE:002452) Using Too Much Debt?

Sep 30
Is Changgao Electric Group (SZSE:002452) Using Too Much Debt?

Changgao Electric Group Co., Ltd.'s (SZSE:002452) Prospects Need A Boost To Lift Shares

Aug 20
Changgao Electric Group Co., Ltd.'s (SZSE:002452) Prospects Need A Boost To Lift Shares

Changgao Electric Group (SZSE:002452) Is Looking To Continue Growing Its Returns On Capital

Jun 17
Changgao Electric Group (SZSE:002452) Is Looking To Continue Growing Its Returns On Capital

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

002452CN ElectricalCN Market
7D-2.0%-2.7%-3.5%
1Y14.2%23.8%10.9%

Return vs Industry: 002452 underperformed the CN Electrical industry which returned 23.8% over the past year.

Return vs Market: 002452 exceeded the CN Market which returned 10.9% over the past year.

Price Volatility

Is 002452's price volatile compared to industry and market?
002452 volatility
002452 Average Weekly Movement5.9%
Electrical Industry Average Movement8.9%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 002452 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002452's weekly volatility (6%) 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 equipment in the People's Republic of China. The company offers gas insulated metal enclosed switchgear; outdoor pole type vacuum and outdoor high voltage AC circuit breaker; disconnectors; low/medium voltage switchgear, including series relay, cable type data collection unit, cable fault indicator, overhead type data collection unit, overhead type fault indicator, low voltage withdrawable switchgear, fully insulated and enclosed compact switchgear, and combined substation. It also provides engineering services comprising operation and maintenance, construction, design, financial support, and consulting services, as well as supplies equipment.

Changgao Electric Group Co., Ltd. Fundamentals Summary

How do Changgao Electric Group's earnings and revenue compare to its market cap?
002452 fundamental statistics
Market capCN¥4.63b
Earnings (TTM)CN¥190.12m
Revenue (TTM)CN¥1.56b

24.5x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002452 income statement (TTM)
RevenueCN¥1.56b
Cost of RevenueCN¥1.01b
Gross ProfitCN¥547.90m
Other ExpensesCN¥357.77m
EarningsCN¥190.12m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.31
Gross Margin35.10%
Net Profit Margin12.18%
Debt/Equity Ratio6.3%

How did 002452 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

23%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 12:36
End of Day Share Price 2024/12/20 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

Changgao Electric Group Co., Ltd. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fu YangChasing Securities
Yi HuChina Merchants Securities Co. Ltd.
Pengwei HuaCitic Securities Co., Ltd.