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3000

ZHEJIANG NARADA POWER SOURCE SZSE:300068 Stock Report

Last Price

CN¥12.26

Market Cap

CN¥10.6b

7D

8.6%

1Y

24.3%

Updated

17 May, 2022

Data

Company Financials
300068 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

300068 Stock Overview

ZHEJIANG NARADA POWER SOURCE Co. , Ltd. engages in the research, development, manufacture, sale, and service of lithium-ion batteries and systems, lead storage batteries and systems, fuel cells, and lead and lithium resource renewable products.

ZHEJIANG NARADA POWER SOURCE Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ZHEJIANG NARADA POWER SOURCE
Historical stock prices
Current Share PriceCN¥12.26
52 Week HighCN¥17.33
52 Week LowCN¥8.88
Beta0.15
1 Month Change14.37%
3 Month Change5.69%
1 Year Change24.34%
3 Year Change-0.49%
5 Year Change-22.50%
Change since IPO-34.76%

Recent News & Updates

Shareholder Returns

300068CN ElectricalCN Market
7D8.6%2.8%1.1%
1Y24.3%6.5%-15.4%

Return vs Industry: 300068 exceeded the CN Electrical industry which returned 4.9% over the past year.

Return vs Market: 300068 exceeded the CN Market which returned -15.8% over the past year.

Price Volatility

Is 300068's price volatile compared to industry and market?
300068 volatility
300068 Average Weekly Movement8.3%
Electrical Industry Average Movement7.3%
Market Average Movement7.4%
10% most volatile stocks in CN Market10.3%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 300068 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 300068's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19947,861Bo Chenhttps://www.naradapower.com

ZHEJIANG NARADA POWER SOURCE Co. , Ltd. engages in the research, development, manufacture, sale, and service of lithium-ion batteries and systems, lead storage batteries and systems, fuel cells, and lead and lithium resource renewable products. It offers lithium ion batteries, and modules and battery packs; iron phosphate lithium batteries, modules, and battery packs; electric boxes, battery cabinets, software management systems, etc.; communication backup, motive power, and renewable energy storage batteries and accessories; and home and commercial energy storage solutions.

ZHEJIANG NARADA POWER SOURCE Fundamentals Summary

How do ZHEJIANG NARADA POWER SOURCE's earnings and revenue compare to its market cap?
300068 fundamental statistics
Market CapCN¥10.60b
Earnings (TTM)-CN¥7.19b
Revenue (TTM)CN¥4.66b

2.3x

P/S Ratio

-1.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
300068 income statement (TTM)
RevenueCN¥4.66b
Cost of RevenueCN¥10.60b
Gross Profit-CN¥5.95b
Other ExpensesCN¥1.24b
Earnings-CN¥7.19b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-8.31
Gross Margin-127.79%
Net Profit Margin-154.43%
Debt/Equity Ratio93.2%

How did 300068 perform over the long term?

See historical performance and comparison

Valuation

Is ZHEJIANG NARADA POWER SOURCE undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


22.7%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 300068 (CN¥12.26) is trading below our estimate of fair value (CN¥15.87)

Significantly Below Fair Value: 300068 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 300068 is unprofitable, so we can't compare its PE Ratio to the CN Electrical industry average.

PE vs Market: 300068 is unprofitable, so we can't compare its PE Ratio to the CN market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 300068's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 300068 is good value based on its PB Ratio (2x) compared to the CN Electrical industry average (2.5x).


Future Growth

How is ZHEJIANG NARADA POWER SOURCE forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


30.2%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ZHEJIANG NARADA POWER SOURCE has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has ZHEJIANG NARADA POWER SOURCE performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-84.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 300068 is currently unprofitable.

Growing Profit Margin: 300068 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 300068 is unprofitable, and losses have increased over the past 5 years at a rate of 84.6% per year.

Accelerating Growth: Unable to compare 300068's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 300068 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-1%).


Return on Equity

High ROE: 300068 has a negative Return on Equity (-145%), as it is currently unprofitable.


Financial Health

How is ZHEJIANG NARADA POWER SOURCE's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: 300068's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥6.7B).

Long Term Liabilities: 300068's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥1.7B).


Debt to Equity History and Analysis

Debt Level: 300068's net debt to equity ratio (76.7%) is considered high.

Reducing Debt: 300068's debt to equity ratio has increased from 23.2% to 93.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 300068 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 300068 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.6% per year.


Dividend

What is ZHEJIANG NARADA POWER SOURCE current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 300068's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 300068's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 300068's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 300068's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 300068 is not paying a notable dividend for the CN market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 300068 has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average board tenure


CEO

Bo Chen

no data

Tenure

Mr. Bo Chen serves as General Manager of Zhejiang Narada Power Source Co., Ltd. Mr. Chen has been the Chief Executive Officer of Zhejiang Narada Power Source Corporation since 2003. He is in charge of dail...


Board Members

Experienced Board: 300068's board of directors are considered experienced (3.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ZHEJIANG NARADA POWER SOURCE Co. , Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: ZHEJIANG NARADA POWER SOURCE Co. , Ltd.
  • Ticker: 300068
  • Exchange: SZSE
  • Founded: 1994
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: CN¥10.603b
  • Shares outstanding: 864.87m
  • Website: https://www.naradapower.com

Number of Employees


Location

  • ZHEJIANG NARADA POWER SOURCE Co. , Ltd.
  • No. 822, Wener West Road
  • Xihu District
  • Hangzhou
  • Zhejiang Province
  • 310030
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.