Shanghai Weihong Electronic Technology (XSEC:300508) - Stock Price, News & Analysis

300508 Stock Overview

Shanghai Weihong Electronic Technology Co., Ltd. More details

300508 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	4/6
Past Performance	2/6
Financial Health	6/6
Dividends	2/6

Rewards

Earnings are forecast to grow 35.89% per year

Earnings grew by 9% over the past year

Risk Analysis

Large one-off items impacting financial results

Volatile share price over the past 3 months compared to the CN market

Shanghai Weihong Electronic Technology Co., Ltd. Competitors

Sinostar Cable

SZSE:300933

CN¥3.1b

Suzhou Future Electrical

SZSE:301386

CN¥2.9b

Zhejiang Tengen ElectricsLtd

SHSE:605066

CN¥3.0b

Yuan Cheng CableLtd

SZSE:002692

CN¥3.1b

Price History & Performance

Summary of all time highs, changes and price drops for Shanghai Weihong Electronic Technology
Historical stock prices
Current Share Price	CN¥27.96
52 Week High	CN¥34.00
52 Week Low	CN¥13.73
Beta	-0.10
11 Month Change	-5.12%
3 Month Change	42.07%
1 Year Change	-6.77%
33 Year Change	-26.53%
5 Year Change	33.73%
Change since IPO	-55.95%

Recent updates

Shareholder Returns

	300508	CN Electrical	CN Market
7D	-0.4%	-1.7%	-2.1%
1Y	-6.8%	14.0%	2.8%

Return vs Industry: 300508 underperformed the CN Electrical industry which returned 14% over the past year.

Return vs Market: 300508 underperformed the CN Market which returned 2.8% over the past year.

Price Volatility

Is 300508's price volatile compared to industry and market?
300508 volatility
300508 Average Weekly Movement	11.0%
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: 300508's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 300508's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

Founded	Employees	CEO	Website
2007	593	Zhi Kai Zheng	www.weihong.com.cn

Shanghai Weihong Electronic Technology Co., Ltd. provides motion control system solutions in China and internationally. It offers motion control cards; integrated CNC controllers; CNC controller PC systems; handheld CNC systems; and servo drivers, as well as CNC accessories, including generator handwheels, automatic measurement tool sensors, and waterjet five-axis cutting heads.

Shanghai Weihong Electronic Technology Co., Ltd. Fundamentals Summary

How do Shanghai Weihong Electronic Technology's earnings and revenue compare to its market cap?
300508 fundamental statistics
Market cap	CN¥3.02b
Earnings (TTM)	CN¥72.23m
Revenue (TTM)	CN¥461.86m

41.8x

P/E Ratio

6.5x

P/S Ratio

Is 300508 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300508 income statement (TTM)
Revenue	CN¥461.86m
Cost of Revenue	CN¥186.34m
Gross Profit	CN¥275.52m
Other Expenses	CN¥203.29m
Earnings	CN¥72.23m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.67
Gross Margin	59.65%
Net Profit Margin	15.64%
Debt/Equity Ratio	0.9%

How did 300508 perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

12%

Payout Ratio

300508 Stock Overview

Rewards

Risk Analysis

Shanghai Weihong Electronic Technology Co., Ltd. Competitors

SZSE:300933

CN¥3.1b

SZSE:301386

CN¥2.9b

SHSE:605066

CN¥3.0b

SZSE:002692

CN¥3.1b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.01 in 3Q 2023)

New minor risk - Share price stability

Shanghai Weihong Electronic Technology Co., Ltd. to Report Q3, 2024 Results on Oct 19, 2024

Second quarter 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.25 in 2Q 2023)

Shanghai Weihong Electronic Technology Co., Ltd. to Report First Half, 2024 Results on Jul 23, 2024

Investor sentiment deteriorates as stock falls 17%

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.01 in 3Q 2023)

New minor risk - Share price stability

Shanghai Weihong Electronic Technology Co., Ltd. to Report Q3, 2024 Results on Oct 19, 2024

Second quarter 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.25 in 2Q 2023)

Shanghai Weihong Electronic Technology Co., Ltd. to Report First Half, 2024 Results on Jul 23, 2024

Investor sentiment deteriorates as stock falls 17%

Insufficient new directors

Dividend reduced to CN¥0.081

Investor sentiment deteriorates as stock falls 16%

Now 23% undervalued after recent price drop

Shanghai Weihong Electronic Technology Co., Ltd. to Report Q1, 2024 Results on Apr 22, 2024

Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.46 in FY 2022)

Shanghai Weihong Electronic Technology Co., Ltd., Annual General Meeting, Apr 18, 2024

Now 22% undervalued after recent price drop

Investor sentiment improves as stock rises 20%

Shanghai Weihong Electronic Technology Co., Ltd. (SZSE:300508) announces an Equity Buyback for CNY 40 million worth of its shares.

New minor risk - Share price stability

Now 24% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 16%

Shanghai Weihong Electronic Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024

Third quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.029 in 3Q 2022)

Shanghai Weihong Electronic Technology Co., Ltd. to Report Q3, 2023 Results on Oct 19, 2023

Investor sentiment improves as stock rises 15%

Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.25 in 2Q 2022)

Shanghai Weihong Electronic Technology Co., Ltd. to Report First Half, 2023 Results on Jul 28, 2023

Investor sentiment improves as stock rises 19%

Shanghai Weihong Electronic Technology Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on May 23, 2023

Investor sentiment improves as stock rises 31%

Full year 2022 earnings released: EPS: CN¥0.46 (vs CN¥0.54 in FY 2021)

Third quarter 2022 earnings released: EPS: CN¥0.029 (vs CN¥0.12 in 3Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.26 in 2Q 2021)

Investor sentiment improved over the past week

Shanghai Weihong Electronic Technology Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on May 20, 2022

Investor sentiment deteriorated over the past week

Insufficient new directors

Shanghai Weihong Electronic Technology Co., Ltd. Approves Final Cash Dividend for 2021

Investor sentiment improved over the past week

Shanghai Weihong Electronic Technology Co., Ltd. Announces Final Dividend of Cash Dividend for 2021

Full year 2021 earnings released: EPS: CN¥0.65 (vs CN¥0.32 in FY 2020)

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.18 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.31 (vs CN¥0.26 in 2Q 2020)

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.32 loss in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.32 (vs CN¥0.72 in FY 2019)

Shanghai Weihong Electronic Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021

Shanghai Weihong Electronic Technology Co., Ltd. (SZSE:300508) completed the acquisition of Nanjing Kaitong Automation Technology Co., Ltd. from a group of shareholders.

New 90-day low: CN¥19.00

Investor sentiment deteriorated over the past week

New 90-day low: CN¥22.70

New 90-day low: CN¥25.49

Shanghai Weihong Electronic Technology Co., Ltd. (SZSE:300508) agreed to acquire Nanjing Kaitong Automation Technology Co., Ltd. from a group of shareholders for approximately CNY 130 million.

Shanghai Weihong Electronic Technology Co., Ltd. to Report Q3, 2020 Results on Oct 21, 2020

New 90-day high: CN¥29.68