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Anhui Coreach TechnologyLtd SZSE:002983 Stock Report

Last Price

CN¥14.71

Market Cap

CN¥3.3b

7D

0.8%

1Y

-25.0%

Updated

05 Aug, 2024

Data

Company Financials

Anhui Coreach Technology Co.,Ltd

SZSE:002983 Stock Report

Market Cap: CN¥3.3b

002983 Stock Overview

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

002983 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
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¥14.71
52 Week HighCN¥29.71
52 Week LowCN¥13.99
Beta0.17
11 Month Change-5.64%
3 Month Change-22.19%
1 Year Change-25.04%
33 Year Change-26.72%
5 Year Changen/a
Change since IPO22.81%

Recent News & Updates

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

Recent updates

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
7D0.8%-2.2%0.8%
1Y-25.0%-24.4%-21.0%

Return vs Industry: 002983 matched the CN Electrical industry which returned -24.4% over the past year.

Return vs Market: 002983 underperformed the CN Market which returned -21% over the past year.

Price Volatility

Is 002983's price volatile compared to industry and market?
002983 volatility
002983 Average Weekly Movement5.9%
Electrical Industry Average Movement6.1%
Market Average Movement5.7%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.9%

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

Volatility Over Time: 002983's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20121,036You 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¥3.29b
Earnings (TTM)CN¥162.67m
Revenue (TTM)CN¥1.13b

20.2x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002983 income statement (TTM)
RevenueCN¥1.13b
Cost of RevenueCN¥876.20m
Gross ProfitCN¥249.83m
Other ExpensesCN¥87.17m
EarningsCN¥162.67m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 29, 2024

Earnings per share (EPS)0.73
Gross Margin22.19%
Net Profit Margin14.45%
Debt/Equity Ratio0.3%

How did 002983 perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

40%

Payout Ratio
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