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Anhui Coreach TechnologyLtd SZSE:002983 Stock Report

Last Price

CN¥20.49

Market Cap

CN¥4.6b

7D

2.7%

1Y

-14.2%

Updated

24 Dec, 2024

Data

Company Financials

Anhui Coreach Technology Co.,Ltd

SZSE:002983 Stock Report

Market Cap: CN¥4.6b

002983 Stock Overview

Engages in the research and development, production, and sale of display photoelectric systems and health intelligent light source systems. More details

002983 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Anhui Coreach Technology Co.,Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Anhui Coreach TechnologyLtd
Historical stock prices
Current Share PriceCN¥20.49
52 Week HighCN¥26.06
52 Week LowCN¥13.99
Beta0.27
1 Month Change4.27%
3 Month Change15.18%
1 Year Change-14.17%
3 Year Change10.03%
5 Year Changen/a
Change since IPO71.06%

Recent News & Updates

Earnings Not Telling The Story For Anhui Coreach Technology Co.,Ltd (SZSE:002983) After Shares Rise 35%

Oct 09
Earnings Not Telling The Story For Anhui Coreach Technology Co.,Ltd (SZSE:002983) After Shares Rise 35%

Be Wary Of Anhui Coreach TechnologyLtd (SZSE:002983) And Its Returns On Capital

Sep 27
Be Wary Of Anhui Coreach TechnologyLtd (SZSE:002983) And Its Returns On Capital

Recent updates

Earnings Not Telling The Story For Anhui Coreach Technology Co.,Ltd (SZSE:002983) After Shares Rise 35%

Oct 09
Earnings Not Telling The Story For Anhui Coreach Technology Co.,Ltd (SZSE:002983) After Shares Rise 35%

Be Wary Of Anhui Coreach TechnologyLtd (SZSE:002983) And Its Returns On Capital

Sep 27
Be Wary Of Anhui Coreach TechnologyLtd (SZSE:002983) And Its Returns On Capital

Anhui Coreach Technology Co.,Ltd's (SZSE:002983) Shares Lagging The Market But So Is The Business

Aug 02
Anhui Coreach Technology Co.,Ltd's (SZSE:002983) Shares Lagging The Market But So Is The Business

Anhui Coreach TechnologyLtd's (SZSE:002983) Upcoming Dividend Will Be Larger Than Last Year's

Jun 11
Anhui Coreach TechnologyLtd's (SZSE:002983) Upcoming Dividend Will Be Larger Than Last Year's

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

002983CN ElectricalCN Market
7D2.7%-1.5%-2.1%
1Y-14.2%20.4%9.8%

Return vs Industry: 002983 underperformed the CN Electrical industry which returned 20.4% over the past year.

Return vs Market: 002983 underperformed the CN Market which returned 9.8% over the past year.

Price Volatility

Is 002983's price volatile compared to industry and market?
002983 volatility
002983 Average Weekly Movement8.2%
Electrical Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 002983 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002983's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012985You 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?
002983 fundamental statistics
Market capCN¥4.58b
Earnings (TTM)CN¥105.96m
Revenue (TTM)CN¥926.85m

43.2x

P/E Ratio

4.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002983 income statement (TTM)
RevenueCN¥926.85m
Cost of RevenueCN¥742.16m
Gross ProfitCN¥184.69m
Other ExpensesCN¥78.73m
EarningsCN¥105.96m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.47
Gross Margin19.93%
Net Profit Margin11.43%
Debt/Equity Ratio0%

How did 002983 perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

61%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 18:45
End of Day Share Price 2024/12/24 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

Anhui Coreach Technology Co.,Ltd is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jian PanTianfeng Securities Brokerage Co., Ltd