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Zhejiang Hongchang Electrical Technology SZSE:301008 Stock Report

Last Price

CN¥18.76

Market Cap

CN¥2.1b

7D

16.9%

1Y

-11.9%

Updated

27 Jul, 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¥18.76
52 Week HighCN¥24.56
52 Week LowCN¥10.59
Beta0.82
11 Month Change9.13%
3 Month Change4.10%
1 Year Change-11.87%
33 Year Change-29.08%
5 Year Changen/a
Change since IPO-56.63%

Recent News & Updates

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

Recent updates

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
7D16.9%0.3%-2.8%
1Y-11.9%-20.5%-21.0%

Return vs Industry: 301008 exceeded the CN Electrical industry which returned -20.5% over the past year.

Return vs Market: 301008 exceeded the CN Market which returned -21% over the past year.

Price Volatility

Is 301008's price volatile compared to industry and market?
301008 volatility
301008 Average Weekly Movement9.1%
Electrical Industry Average Movement6.2%
Market Average Movement5.8%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 301008 has not had significant price volatility in the past 3 months.

Volatility Over Time: 301008's weekly volatility (9%) 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¥2.07b
Earnings (TTM)CN¥92.44m
Revenue (TTM)CN¥955.72m

22.4x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301008 income statement (TTM)
RevenueCN¥955.72m
Cost of RevenueCN¥762.91m
Gross ProfitCN¥192.81m
Other ExpensesCN¥100.37m
EarningsCN¥92.44m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 29, 2024

Earnings per share (EPS)0.84
Gross Margin20.17%
Net Profit Margin9.67%
Debt/Equity Ratio38.9%

How did 301008 perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

52%

Payout Ratio
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