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Changgao Electric Group SZSE:002452 Stock Report

Last Price

CN¥6.71

Market Cap

CN¥4.3b

7D

-9.4%

1Y

-0.1%

Updated

20 Aug, 2024

Data

Company Financials

Changgao Electric Group Co., Ltd.

SZSE:002452 Stock Report

Market Cap: CN¥4.3b

002452 Stock Overview

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

002452 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¥6.71
52 Week HighCN¥9.08
52 Week LowCN¥4.01
Beta0.30
11 Month Change-8.71%
3 Month Change-6.55%
1 Year Change-0.15%
33 Year Change13.54%
5 Year Change70.30%
Change since IPO15.92%

Recent News & Updates

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

Recent updates

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-9.4%-0.2%0.07%
1Y-0.1%-21.5%-17.1%

Return vs Industry: 002452 exceeded the CN Electrical industry which returned -21.5% over the past year.

Return vs Market: 002452 exceeded the CN Market which returned -17.1% over the past year.

Price Volatility

Is 002452's price volatile compared to industry and market?
002452 volatility
002452 Average Weekly Movement7.0%
Electrical Industry Average Movement5.9%
Market Average Movement5.5%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.7%

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

Volatility Over Time: 002452's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of CN stocks.

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¥4.26b
Earnings (TTM)CN¥182.39m
Revenue (TTM)CN¥1.52b

22.3x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002452 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

Aug 30, 2024

Earnings per share (EPS)0.30
Gross Margin35.27%
Net Profit Margin12.00%
Debt/Equity Ratio6.3%

How did 002452 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

24%

Payout Ratio