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Guoguang Electric SZSE:002045 Stock Report

Last Price

CN¥12.83

Market Cap

CN¥7.3b

7D

8.1%

1Y

-23.4%

Updated

19 Jun, 2024

Data

Company Financials +

Guoguang Electric Company Limited

SZSE:002045 Stock Report

Market Cap: CN¥7.3b

2045 Stock Overview

Engages in the audio electroacoustic and lithium battery businesses in the People's Republic of China and internationally.

2045 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends0/6

Guoguang Electric Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Guoguang Electric
Historical stock prices
Current Share PriceCN¥12.83
52 Week HighCN¥17.85
52 Week LowCN¥9.56
Beta0.61
1 Month Change4.14%
3 Month Change-7.10%
1 Year Change-23.45%
3 Year Change2.23%
5 Year Change141.62%
Change since IPO263.11%

Recent News & Updates

Guoguang Electric (SZSE:002045) Is Looking To Continue Growing Its Returns On Capital

Jun 18
Guoguang Electric (SZSE:002045) Is Looking To Continue Growing Its Returns On Capital

We Think That There Are Issues Underlying Guoguang Electric's (SZSE:002045) Earnings

May 03
We Think That There Are Issues Underlying Guoguang Electric's (SZSE:002045) Earnings

Recent updates

Guoguang Electric (SZSE:002045) Is Looking To Continue Growing Its Returns On Capital

Jun 18
Guoguang Electric (SZSE:002045) Is Looking To Continue Growing Its Returns On Capital

We Think That There Are Issues Underlying Guoguang Electric's (SZSE:002045) Earnings

May 03
We Think That There Are Issues Underlying Guoguang Electric's (SZSE:002045) Earnings

Shareholder Returns

2045CN Consumer DurablesCN Market
7D8.1%-0.4%0.6%
1Y-23.4%4.0%-15.5%

Return vs Industry: 002045 underperformed the CN Consumer Durables industry which returned 4% over the past year.

Return vs Market: 002045 underperformed the CN Market which returned -15.5% over the past year.

Price Volatility

Is 2045's price volatile compared to industry and market?
2045 volatility
2045 Average Weekly Movement5.7%
Consumer Durables Industry Average Movement7.1%
Market Average Movement6.7%
10% most volatile stocks in CN Market10.1%
10% least volatile stocks in CN Market4.1%

Stable Share Price: 002045 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002045's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19515,247Wei Cheng Hewww.ggec.com.cn

Guoguang Electric Company Limited engages in the audio electroacoustic and lithium battery businesses in the People's Republic of China and internationally. The company offers audio and electroacoustic products comprising of Bluetooth speakers, smart speakers, and VR/AR products; computer peripheral audio, Wi-Fi speakers, soundbar products, headphones, car, and professional audio related products. It also provides lithium battery products for wireless earphones, smart speakers, wearable devices, electronic cigarettes, drones, and other products.

Guoguang Electric Company Limited Fundamentals Summary

How do Guoguang Electric's earnings and revenue compare to its market cap?
2045 fundamental statistics
Market capCN¥7.27b
Earnings (TTM)CN¥382.73m
Revenue (TTM)CN¥6.12b

18.5x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2045 income statement (TTM)
RevenueCN¥6.12b
Cost of RevenueCN¥5.23b
Gross ProfitCN¥880.56m
Other ExpensesCN¥497.83m
EarningsCN¥382.73m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.69
Gross Margin14.40%
Net Profit Margin6.26%
Debt/Equity Ratio39.4%

How did 2045 perform over the long term?

See historical performance and comparison
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