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Anhui Coreach TechnologyLtd SZSE:002983 Stock Report

Last Price

CN¥21.64

Market Cap

CN¥4.8b

7D

4.1%

1Y

-4.1%

Updated

20 Oct, 2024

Data

Company Financials

Anhui Coreach Technology Co.,Ltd

SZSE:002983 Stock Report

Market Cap: CN¥4.8b

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
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

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¥21.64
52 Week HighCN¥29.71
52 Week LowCN¥13.99
Beta0.29
11 Month Change30.76%
3 Month Change40.34%
1 Year Change-4.07%
33 Year Change25.29%
5 Year Changen/a
Change since IPO80.66%

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
7D4.1%2.7%2.7%
1Y-4.1%9.6%4.6%

Return vs Industry: 002983 underperformed the CN Electrical industry which returned 9.6% over the past year.

Return vs Market: 002983 underperformed the CN Market which returned 4.6% over the past year.

Price Volatility

Is 002983's price volatile compared to industry and market?
002983 volatility
002983 Average Weekly Movement8.3%
Electrical Industry Average Movement8.0%
Market Average Movement7.6%
10% most volatile stocks in CN Market11.5%
10% least volatile stocks in CN Market5.3%

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¥4.83b
Earnings (TTM)CN¥132.43m
Revenue (TTM)CN¥1.03b

36.5x

P/E Ratio

4.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002983 income statement (TTM)
RevenueCN¥1.03b
Cost of RevenueCN¥804.75m
Gross ProfitCN¥226.77m
Other ExpensesCN¥94.34m
EarningsCN¥132.43m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 28, 2024

Earnings per share (EPS)0.59
Gross Margin21.98%
Net Profit Margin12.84%
Debt/Equity Ratio0%

How did 002983 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

49%

Payout Ratio