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Zhejiang Hengwei Battery SZSE:301222 Stock Report

Last Price

CN¥22.75

Market Cap

CN¥2.3b

7D

-8.1%

1Y

-22.8%

Updated

05 Jul, 2024

Data

Company Financials

Zhejiang Hengwei Battery Co., Ltd.

SZSE:301222 Stock Report

Market Cap: CN¥2.3b

301222 Stock Overview

Engages in the research, development, production, and sale of battery products in China and internationally.

301222 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Zhejiang Hengwei Battery Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Hengwei Battery
Historical stock prices
Current Share PriceCN¥22.75
52 Week HighCN¥32.89
52 Week LowCN¥15.26
Beta0.52
11 Month Change-1.47%
3 Month Change-2.94%
1 Year Change-22.80%
33 Year Changen/a
5 Year Changen/a
Change since IPO-61.56%

Recent News & Updates

Zhejiang Hengwei Battery's (SZSE:301222) Shareholders Will Receive A Smaller Dividend Than Last Year

Jun 05
Zhejiang Hengwei Battery's (SZSE:301222) Shareholders Will Receive A Smaller Dividend Than Last Year

Zhejiang Hengwei Battery's (SZSE:301222) Profits May Not Reveal Underlying Issues

May 03
Zhejiang Hengwei Battery's (SZSE:301222) Profits May Not Reveal Underlying Issues

Recent updates

Zhejiang Hengwei Battery's (SZSE:301222) Shareholders Will Receive A Smaller Dividend Than Last Year

Jun 05
Zhejiang Hengwei Battery's (SZSE:301222) Shareholders Will Receive A Smaller Dividend Than Last Year

Zhejiang Hengwei Battery's (SZSE:301222) Profits May Not Reveal Underlying Issues

May 03
Zhejiang Hengwei Battery's (SZSE:301222) Profits May Not Reveal Underlying Issues

Shareholder Returns

301222CN ElectricalCN Market
7D-8.1%-2.6%-1.4%
1Y-22.8%-24.8%-19.1%

Return vs Industry: 301222 exceeded the CN Electrical industry which returned -24.8% over the past year.

Return vs Market: 301222 underperformed the CN Market which returned -19.1% over the past year.

Price Volatility

Is 301222's price volatile compared to industry and market?
301222 volatility
301222 Average Weekly Movement8.3%
Electrical Industry Average Movement7.0%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 301222 has not had significant price volatility in the past 3 months.

Volatility Over Time: 301222's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
1999390Jianping Wangwww.hwbattery.com

Zhejiang Hengwei Battery Co., Ltd. engages in the research, development, production, and sale of battery products in China and internationally. The company offers LR03, LR6, LR14, LR20 and 6LR61 series alkaline batteries; and R03, R6, R14, R20, and 6F22 series carbon batteries. Its products are used for small household appliances, consumer appliances, wireless security equipment, smart home products, outdoor electronic, wireless communication equipment, medical electronic instruments, electric toys, digital products, mobile lighting, and other civil and industrial industries.

Zhejiang Hengwei Battery Co., Ltd. Fundamentals Summary

How do Zhejiang Hengwei Battery's earnings and revenue compare to its market cap?
301222 fundamental statistics
Market capCN¥2.31b
Earnings (TTM)CN¥130.43m
Revenue (TTM)CN¥603.61m

17.7x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301222 income statement (TTM)
RevenueCN¥603.61m
Cost of RevenueCN¥431.81m
Gross ProfitCN¥171.81m
Other ExpensesCN¥41.37m
EarningsCN¥130.43m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 30, 2024

Earnings per share (EPS)1.29
Gross Margin28.46%
Net Profit Margin21.61%
Debt/Equity Ratio0%

How did 301222 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

23%

Payout Ratio
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