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Zhejiang Hongchang Electrical Technology SZSE:301008 Stock Report

Last Price

CN¥26.86

Market Cap

CN¥2.1b

7D

13.2%

1Y

1.9%

Updated

14 Apr, 2024

Data

Company Financials

Zhejiang Hongchang Electrical Technology Co., Ltd.

SZSE:301008 Stock Report

Market Cap: CN¥2.1b

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¥26.86
52 Week HighCN¥34.38
52 Week LowCN¥14.82
Beta0.85
1 Month Change15.28%
3 Month Change-7.63%
1 Year Change1.90%
3 Year Changen/a
5 Year Changen/a
Change since IPO-55.65%

Recent News & Updates

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)

Recent updates

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
7D13.2%-2.8%-2.7%
1Y1.9%-19.6%-18.2%

Return vs Industry: 301008 exceeded the CN Electrical industry which returned -19.6% over the past year.

Return vs Market: 301008 exceeded the CN Market which returned -18.2% over the past year.

Price Volatility

Is 301008's price volatile compared to industry and market?
301008 volatility
301008 Average Weekly Movement12.0%
Electrical Industry Average Movement8.7%
Market Average Movement8.4%
10% most volatile stocks in CN Market11.7%
10% least volatile stocks in CN Market5.2%

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

Volatility Over Time: 301008's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
19961,301Can 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¥2.15b
Earnings (TTM)CN¥79.34m
Revenue (TTM)CN¥867.24m

27.1x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301008 income statement (TTM)
RevenueCN¥867.24m
Cost of RevenueCN¥699.60m
Gross ProfitCN¥167.64m
Other ExpensesCN¥88.30m
EarningsCN¥79.34m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 29, 2024

Earnings per share (EPS)0.99
Gross Margin19.33%
Net Profit Margin9.15%
Debt/Equity Ratio36.1%

How did 301008 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

40%

Payout Ratio
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