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Anhui Coreach TechnologyLtd SZSE:002983 Stock Report

Last Price

CN¥21.67

Market Cap

CN¥4.0b

7D

-0.7%

1Y

7.7%

Updated

25 Apr, 2024

Data

Company Financials +

Anhui Coreach Technology Co.,Ltd

SZSE:002983 Stock Report

Market Cap: CN¥4.0b

2983 Stock Overview

Anhui Coreach Technology Co.,Ltd engages in the research and development, production, and sale of display photoelectric systems and health intelligent light source systems.

2983 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth6/6
Past Performance5/6
Financial Health6/6
Dividends3/6

Anhui Coreach Technology Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Anhui Coreach TechnologyLtd
Historical stock prices
Current Share PriceCN¥21.67
52 Week HighCN¥35.64
52 Week LowCN¥17.43
Beta0.21
1 Month Change-15.62%
3 Month Change-16.27%
1 Year Change7.65%
3 Year Change3.27%
5 Year Changen/a
Change since IPO50.81%

Recent News & Updates

Here's What's Concerning About Anhui Coreach TechnologyLtd's (SZSE:002983) Returns On Capital

Mar 28
Here's What's Concerning About Anhui Coreach TechnologyLtd's (SZSE:002983) Returns On Capital

Anhui Coreach Technology Co.,Ltd (SZSE:002983) Stock Rockets 36% But Many Are Still Ignoring The Company

Mar 06
Anhui Coreach Technology Co.,Ltd (SZSE:002983) Stock Rockets 36% But Many Are Still Ignoring The Company

Here's Why Anhui Coreach TechnologyLtd (SZSE:002983) Has Caught The Eye Of Investors

Feb 28
Here's Why Anhui Coreach TechnologyLtd (SZSE:002983) Has Caught The Eye Of Investors

Recent updates

Here's What's Concerning About Anhui Coreach TechnologyLtd's (SZSE:002983) Returns On Capital

Mar 28
Here's What's Concerning About Anhui Coreach TechnologyLtd's (SZSE:002983) Returns On Capital

Anhui Coreach Technology Co.,Ltd (SZSE:002983) Stock Rockets 36% But Many Are Still Ignoring The Company

Mar 06
Anhui Coreach Technology Co.,Ltd (SZSE:002983) Stock Rockets 36% But Many Are Still Ignoring The Company

Here's Why Anhui Coreach TechnologyLtd (SZSE:002983) Has Caught The Eye Of Investors

Feb 28
Here's Why Anhui Coreach TechnologyLtd (SZSE:002983) Has Caught The Eye Of Investors

Shareholder Returns

2983CN ElectricalCN Market
7D-0.7%-2.0%-0.4%
1Y7.7%-19.0%-14.4%

Return vs Industry: 002983 exceeded the CN Electrical industry which returned -19% over the past year.

Return vs Market: 002983 exceeded the CN Market which returned -14.4% over the past year.

Price Volatility

Is 2983's price volatile compared to industry and market?
2983 volatility
2983 Average Weekly Movement9.0%
Electrical Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 002983's share price has been volatile over the past 3 months.

Volatility Over Time: 002983's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012994You Pengwww.coreach.com.cn

Anhui Coreach Technology Co.,Ltd engages in the research and development, production, and sale of display photoelectric systems and health intelligent light source systems. It offers backlight products; household, commercial, and educational lighting products; and backlight, lighting, and special LED products. The company was founded in 2012 and is headquartered in Hefei, China.

Anhui Coreach Technology Co.,Ltd Fundamentals Summary

How do Anhui Coreach TechnologyLtd's earnings and revenue compare to its market cap?
2983 fundamental statistics
Market capCN¥4.03b
Earnings (TTM)CN¥155.88m
Revenue (TTM)CN¥1.26b

25.8x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2983 income statement (TTM)
RevenueCN¥1.26b
Cost of RevenueCN¥1.00b
Gross ProfitCN¥260.72m
Other ExpensesCN¥104.83m
EarningsCN¥155.88m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.84
Gross Margin20.65%
Net Profit Margin12.35%
Debt/Equity Ratio0%

How did 2983 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

29%

Payout Ratio
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