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Zhejiang Hongchang Electrical Technology SZSE:301008 Stock Report

Last Price

CN¥19.67

Market Cap

CN¥2.2b

7D

-3.3%

1Y

-7.9%

Updated

24 Nov, 2024

Data

Company Financials

Zhejiang Hongchang Electrical Technology Co., Ltd.

SZSE:301008 Stock Report

Market Cap: CN¥2.2b

Zhejiang Hongchang Electrical Technology Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Hongchang Electrical Technology
Historical stock prices
Current Share PriceCN¥19.67
52 Week HighCN¥26.66
52 Week LowCN¥10.59
Beta0.74
11 Month Change7.55%
3 Month Change21.34%
1 Year Change-7.90%
33 Year Change-22.26%
5 Year Changen/a
Change since IPO-54.53%

Recent News & Updates

We Think That There Are More Issues For Zhejiang Hongchang Electrical Technology (SZSE:301008) Than Just Sluggish Earnings

Nov 06
We Think That There Are More Issues For Zhejiang Hongchang Electrical Technology (SZSE:301008) Than Just Sluggish Earnings

Zhejiang Hongchang Electrical Technology Co., Ltd.'s (SZSE:301008) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Oct 28
Zhejiang Hongchang Electrical Technology Co., Ltd.'s (SZSE:301008) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Recent updates

We Think That There Are More Issues For Zhejiang Hongchang Electrical Technology (SZSE:301008) Than Just Sluggish Earnings

Nov 06
We Think That There Are More Issues For Zhejiang Hongchang Electrical Technology (SZSE:301008) Than Just Sluggish Earnings

Zhejiang Hongchang Electrical Technology Co., Ltd.'s (SZSE:301008) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Oct 28
Zhejiang Hongchang Electrical Technology Co., Ltd.'s (SZSE:301008) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Zhejiang Hongchang Electrical Technology (SZSE:301008) May Have Issues Allocating Its Capital

Jul 28
Zhejiang Hongchang Electrical Technology (SZSE:301008) May Have Issues Allocating Its Capital

We Think That There Are Issues Underlying Zhejiang Hongchang Electrical Technology's (SZSE:301008) Earnings

May 05
We Think That There Are Issues Underlying Zhejiang Hongchang Electrical Technology's (SZSE:301008) Earnings

Calculating The Fair Value Of Zhejiang Hongchang Electrical Technology Co., Ltd. (SZSE:301008)

Apr 12
Calculating The Fair Value Of Zhejiang Hongchang Electrical Technology Co., Ltd. (SZSE:301008)

Shareholder Returns

301008CN ElectricalCN Market
7D-3.3%-1.7%-2.1%
1Y-7.9%14.0%2.8%

Return vs Industry: 301008 underperformed the CN Electrical industry which returned 14% over the past year.

Return vs Market: 301008 underperformed the CN Market which returned 2.8% over the past year.

Price Volatility

Is 301008's price volatile compared to industry and market?
301008 volatility
301008 Average Weekly Movement11.5%
Electrical Industry Average Movement8.8%
Market Average Movement8.4%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 301008's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 301008's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
19961,475Can Luwww.hongchang.com.cn

Zhejiang Hongchang Electrical Technology Co., Ltd. engages in research, development, production, and sale of fluid solenoid valves, sensors, and other electrical accessories in China. The company offers valves for washing machines, dishwashers, smart toilets, water purifiers; and machine water level sensor.

Zhejiang Hongchang Electrical Technology Co., Ltd. Fundamentals Summary

How do Zhejiang Hongchang Electrical Technology's earnings and revenue compare to its market cap?
301008 fundamental statistics
Market capCN¥2.17b
Earnings (TTM)CN¥72.51m
Revenue (TTM)CN¥983.30m

29.9x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301008 income statement (TTM)
RevenueCN¥983.30m
Cost of RevenueCN¥797.59m
Gross ProfitCN¥185.71m
Other ExpensesCN¥113.20m
EarningsCN¥72.51m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.66
Gross Margin18.89%
Net Profit Margin7.37%
Debt/Equity Ratio36.5%

How did 301008 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

66%

Payout Ratio