Hiconics Eco-energy Technology (XSEC:300048) - Stock Price, News & Analysis

300048 Stock Overview

Engages in the industrial control, residential energy storage, and distributed PV EPC businesses in China and internationally. More details

300048 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 63.7% below our estimate of its fair value

Earnings are forecast to grow 111.27% per year

Risk Analysis

No risks detected for 300048 from our risk checks.

Hiconics Eco-energy Technology Co., Ltd. Competitors

Anhui Anfu Battery TechnologyLtd

SHSE:603031

CN¥6.4b

Beijing SOJO Electric

SZSE:300444

CN¥5.8b

ShenZhen Click TechnologyLTD

SZSE:002782

CN¥6.4b

Suzhou Recodeal Interconnect SystemLtd

SHSE:688800

CN¥6.0b

Price History & Performance

Summary of all time highs, changes and price drops for Hiconics Eco-energy Technology
Historical stock prices
Current Share Price	CN¥5.10
52 Week High	CN¥6.25
52 Week Low	CN¥3.63
Beta	-0.21
11 Month Change	-4.32%
3 Month Change	20.28%
1 Year Change	-2.30%
33 Year Change	-29.17%
5 Year Change	124.67%
Change since IPO	-17.74%

Recent updates

Shareholder Returns

	300048	CN Electrical	CN Market
7D	-0.6%	-1.7%	-2.1%
1Y	-2.3%	14.0%	2.8%

Return vs Industry: 300048 underperformed the CN Electrical industry which returned 14% over the past year.

Return vs Market: 300048 underperformed the CN Market which returned 2.8% over the past year.

Price Volatility

Is 300048's price volatile compared to industry and market?
300048 volatility
300048 Average Weekly Movement	7.2%
Electrical Industry Average Movement	8.8%
Market Average Movement	8.4%
10% most volatile stocks in CN Market	12.7%
10% least volatile stocks in CN Market	5.7%

Stable Share Price: 300048 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 300048's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2003	1,140	Jianfeng Lu	www.hiconics.com

Hiconics Eco-energy Technology Co., Ltd. engages in the industrial control, residential energy storage, and distributed PV EPC businesses in China and internationally. The company offers medium and low voltage drives; home energy storage products and household energy storage split solution; and household and commercial photovoltaic products. The company was formerly known as Hiconics Drive Technology Co., Ltd.

Hiconics Eco-energy Technology Co., Ltd. Fundamentals Summary

How do Hiconics Eco-energy Technology's earnings and revenue compare to its market cap?
300048 fundamental statistics
Market cap	CN¥5.69b
Earnings (TTM)	-CN¥174.01m
Revenue (TTM)	CN¥3.61b

1.6x

P/S Ratio

-32.7x

P/E Ratio

Is 300048 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300048 income statement (TTM)
Revenue	CN¥3.61b
Cost of Revenue	CN¥3.10b
Gross Profit	CN¥514.52m
Other Expenses	CN¥688.54m
Earnings	-CN¥174.01m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.16
Gross Margin	14.25%
Net Profit Margin	-4.82%
Debt/Equity Ratio	0.06%

How did 300048 perform over the long term?

See historical performance and comparison

300048 Stock Overview

Rewards

Risk Analysis

Hiconics Eco-energy Technology Co., Ltd. Competitors

SHSE:603031

CN¥6.4b

SZSE:300444

CN¥5.8b

SZSE:002782

CN¥6.4b

SHSE:688800

CN¥6.0b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.029 loss in 3Q 2023)

Hiconics Eco-energy Technology Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024

Second quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.003 loss in 2Q 2023)

Hiconics Eco-energy Technology Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024

First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.001 in 1Q 2023)

Hiconics Eco-energy Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.029 loss in 3Q 2023)

Hiconics Eco-energy Technology Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024

Second quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.003 loss in 2Q 2023)

Hiconics Eco-energy Technology Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024

First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.001 in 1Q 2023)

Hiconics Eco-energy Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024

Hiconics Eco-energy Technology Co., Ltd., Annual General Meeting, May 10, 2024

Full year 2023 earnings released: CN¥0.20 loss per share (vs CN¥0.02 profit in FY 2022)

Hiconics Eco-energy Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 27, 2024

Hiconics Eco-Energy Drive Technology Debuts Integrated Residential Energy Solutions in Europe

Third quarter 2023 earnings released: CN¥0.029 loss per share (vs CN¥0.002 loss in 3Q 2022)

Second quarter 2023 earnings released: CN¥0.003 loss per share (vs CN¥0.022 loss in 2Q 2022)

Hiconics Eco-energy Technology Co., Ltd. to Report First Half, 2023 Results on Aug 15, 2023

Hiconics Eco-Energy Technology Co., Ltd. Approves Board Elections

First quarter 2023 earnings released: EPS: CN¥0.001 (vs CN¥0.009 in 1Q 2022)

High number of new and inexperienced directors

Third quarter 2022 earnings released: CN¥0.002 loss per share (vs CN¥0.009 profit in 3Q 2021)

Second quarter 2022 earnings released: CN¥0.022 loss per share (vs CN¥0.022 profit in 2Q 2021)

Hiconics Eco-energy Technology Co., Ltd., Annual General Meeting, May 13, 2022

First quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.008 in 1Q 2021)

Third quarter 2021 earnings released: EPS CN¥0.009 (vs CN¥0.12 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.022 (vs CN¥0.13 loss in 2Q 2020)

First quarter 2021 earnings released: EPS CN¥0.008 (vs CN¥0.01 loss in 1Q 2020)

Hiconics Eco-energy Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021

Shanghai Shangfeng Group Co., Ltd. and Ye Jinwu signed an equity transfer agreement to acquire 64% stake in Wuhan Hiconics Intelligent Electric Co., Ltd. from Hiconics Eco-energy Technology Co., Ltd. (SZSE:300048) for CNY 32 million.

New 90-day low: CN¥4.46

New 90-day low: CN¥4.66

New 90-day low: CN¥4.68

Third quarter earnings released

Hiconics Eco-energy Technology Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020

Shanghai Shangfeng Group Co., Ltd. and Ye Jinwu signed an agreement to acquire Guizhou Changde Technology Co., Ltd. from Hiconics Eco-energy Technology Co., Ltd. (SZSE:300048) for CNY 16.4 million.

Qi Hongjian entered into an agreement to acquire 65% stake in Hiconics Ruima Motor (Ningbo) Co.,Ltd from Hiconics Eco-energy Technology Co., Ltd. (SZSE:300048).

New 90-day high - CN¥5.34

First half earnings released

Shanghai Shangfeng Group Co., Ltd. and Ye Jinwu signed a share transfer agreement to acquire 90% stake in Wuhan Changdi Technology Co., Ltd. from Hiconics Eco-energy Technology Co., Ltd. (SZSE:300048) for CNY 28 million.

Hiconics Eco-energy Technology Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020

Guangdong Midea HVAC Equipment Co., Ltd completed the acquisition of 18.73% stake in Hiconics Eco-energy Technology Co., Ltd. (SZSE:300048) from Shanghai Shangfeng Group Co., Ltd. and Liu Jincheng.

Shanghai Shangfeng Group Co., Ltd. and Ye Jinwu signed an equity transfer agreement to acquire 85% stake in Shandong Changdi Technology Development Co., Ltd. from Hiconics Eco-energy Technology Co., Ltd. (SZSE:300048) for CNY 2.9 million.

Shanghai Shangfeng Group Co., Ltd. and Ye Jinwu signed a share transfer agreement to acquire 65% stake in Shijiazhuang Changdi Technology Co., Ltd. from Hiconics Eco-energy Technology Co., Ltd. (SZSE:300048) for CNY 4.6 million.

Shareholder Returns

Price Volatility

About the Company

Hiconics Eco-energy Technology Co., Ltd. Fundamentals Summary

1.6x

-32.7x

Earnings & Revenue