How does 300729's PE Ratio compare to its peers?

300729 is good value based on its Price-To-Earnings Ratio (14x) compared to the peer average (42.2x).

How does 300729's PE Ratio compare vs other companies in the CN Commercial Services Industry?

300729 is good value based on its Price-To-Earnings Ratio (14x) compared to the CN Commercial Services industry average (34.9x).

What is 300729's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

300729 is good value based on its Price-To-Earnings Ratio (14x) compared to the estimated Fair Price-To-Earnings Ratio (19.2x).

What is the Fair Price of 300729 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

300729 (CN¥15.71) is trading below our estimate of [[fair value]] (CN¥22.31)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

300729 Stock Overview

Researches and develops, manufactures, and sells smart home and healthy office products in China and internationally. More details

300729 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	1/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 29.6% below our estimate of its fair value

Earnings are forecast to grow 17.09% per year

Trading at good value compared to peers and industry

Risk Analysis

High level of non-cash earnings

Profit margins (7.4%) are lower than last year (16.1%)

Shareholders have been diluted in the past year

Dividend of 2.55% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Loctek Ergonomic Technology Corp. Competitors

Shenzhen Comix Group

SZSE:002301

CN¥5.3b

Henglin Home FurnishingsLtd

SHSE:603661

CN¥4.3b

HG Technologies

SZSE:300847

CN¥5.5b

Guangbo Group Stock

SZSE:002103

CN¥5.4b

Price History & Performance

Summary of share price highs, lows and changes for Loctek Ergonomic Technology
Historical stock prices
Current Share Price	CN¥15.71
52 Week High	CN¥20.08
52 Week Low	CN¥13.02
Beta	0.74
1 Month Change	-5.93%
3 Month Change	10.95%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0.32%

Recent updates

Shareholder Returns

	300729	CN Commercial Services	CN Market
7D	-6.0%	-3.8%	-1.2%
1Y	n/a	6.6%	11.8%

Return vs Industry: Insufficient data to determine how 300729 performed against the CN Commercial Services industry.

Return vs Market: Insufficient data to determine how 300729 performed against the CN Market.

Price Volatility

Is 300729's price volatile compared to industry and market?
300729 volatility
300729 Average Weekly Movement	7.9%
Commercial Services Industry Average Movement	8.6%
Market Average Movement	8.7%
10% most volatile stocks in CN Market	12.8%
10% least volatile stocks in CN Market	5.7%

Stable Share Price: 300729 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 300729's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2002	3,078	Lehong Xiang	www.loctek.com

Loctek Ergonomic Technology Corp. researches and develops, manufactures, and sells smart home and healthy office products in China and internationally. The company offers electric children's study desk, height adjustable table, electric standing desk, collaborative office system solution, desk converters, smart lifting tables, smart electric beds, sit-stand-move workstation, ergonomic computer stand products, smart learning tables, fitness chairs, etc. It also engages in e-commerce logistics business and warehousing services. The company offers solutions to IT network, financial securities, security monitor, government and enterprise office, scientific research education, and advertising media industries.

Loctek Ergonomic Technology Corp. Fundamentals Summary

How do Loctek Ergonomic Technology's earnings and revenue compare to its market cap?
300729 fundamental statistics
Market cap	CN¥5.36b
Earnings (TTM)	CN¥382.31m
Revenue (TTM)	CN¥5.19b

14.0x

P/E Ratio

1.0x

P/S Ratio

Is 300729 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300729 income statement (TTM)
Revenue	CN¥5.19b
Cost of Revenue	CN¥3.57b
Gross Profit	CN¥1.62b
Other Expenses	CN¥1.24b
Earnings	CN¥382.31m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.12
Gross Margin	31.20%
Net Profit Margin	7.36%
Debt/Equity Ratio	83.1%

How did 300729 perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

33%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 02:48
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Loctek Ergonomic Technology Corp. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Bairu Chen	China Galaxy Securities Co., Ltd.
Peihang Lyu	China International Capital Corporation Limited
Zhong Ping Zhao	China Merchants Securities Co. Ltd.