2444 Stock Overview
Hangzhou GreatStar Industrial Co., Ltd. designs, develops, manufactures, and supplies tools for the DIY, professional, and industrial markets worldwide.
Hangzhou Greatstar Industrial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥24.48|
|52 Week High||CN¥35.79|
|52 Week Low||CN¥13.09|
|1 Month Change||38.38%|
|3 Month Change||36.91%|
|1 Year Change||-25.82%|
|3 Year Change||134.03%|
|5 Year Change||62.66%|
|Change since IPO||256.72%|
Recent News & Updates
|2444||CN Consumer Durables||CN Market|
Return vs Industry: 002444 underperformed the CN Consumer Durables industry which returned -24.1% over the past year.
Return vs Market: 002444 underperformed the CN Market which returned -10.1% over the past year.
|2444 Average Weekly Movement||7.3%|
|Consumer Durables Industry Average Movement||5.9%|
|Market Average Movement||6.0%|
|10% most volatile stocks in CN Market||9.1%|
|10% least volatile stocks in CN Market||3.9%|
Stable Share Price: 002444 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 002444's weekly volatility (7%) has been stable over the past year.
About the Company
Hangzhou GreatStar Industrial Co., Ltd. designs, develops, manufactures, and supplies tools for the DIY, professional, and industrial markets worldwide. The company offers hand tools, including fastening, cutting, measuring, layout, striking, and mechanic tools, as well as clamps and vises, and tool sets; and specialty tools, such as electrician, drywall, and tiling and flooring tools. It also provides lighting tools comprising flash lights, spot lights and lanterns, head lamps, and work lights, as well as other lighting tools consisting of cylindrical LED key chains, flexible LED lights, LED push lights, and LED book lights, as well as masonry, painting, electrical, plumbing, automotive, and garden tools.
Hangzhou Greatstar Industrial Fundamentals Summary
|2444 fundamental statistics|
Is 2444 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2444 income statement (TTM)|
|Cost of Revenue||CN¥9.02b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.05|
|Net Profit Margin||10.12%|
How did 2444 perform over the long term?See historical performance and comparison
Is 2444 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2444?
Other financial metrics that can be useful for relative valuation.
|What is 2444's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2444's PE Ratio compare to its peers?
|2444 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
002508 Hangzhou Robam Appliances
603355 Kingclean ElectricLtd
002705 Guangdong Xinbao Electrical Appliances Holdings
002032 Zhejiang Supor
002444 Hangzhou Greatstar Industrial
Price-To-Earnings vs Peers: 002444 is good value based on its Price-To-Earnings Ratio (23.3x) compared to the peer average (23.8x).
Price to Earnings Ratio vs Industry
How does 2444's PE Ratio compare vs other companies in the CN Consumer Durables Industry?
Price-To-Earnings vs Industry: 002444 is good value based on its Price-To-Earnings Ratio (23.3x) compared to the CN Consumer Durables industry average (27.7x)
Price to Earnings Ratio vs Fair Ratio
What is 2444'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.
|Current PE Ratio||23.3x|
|Fair PE Ratio||24.1x|
Price-To-Earnings vs Fair Ratio: 002444 is good value based on its Price-To-Earnings Ratio (23.3x) compared to the estimated Fair Price-To-Earnings Ratio (24.1x).
Share Price vs Fair Value
What is the Fair Price of 2444 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 002444 (CN¥24.48) is trading above our estimate of fair value (CN¥0.59)
Significantly Below Fair Value: 002444 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
Discover undervalued companies
How is Hangzhou Greatstar Industrial forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002444's forecast earnings growth (23.2% per year) is above the savings rate (3.2%).
Earnings vs Market: 002444's earnings (23.2% per year) are forecast to grow slower than the CN market (24.5% per year).
High Growth Earnings: 002444's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002444's revenue (15.9% per year) is forecast to grow slower than the CN market (17.7% per year).
High Growth Revenue: 002444's revenue (15.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002444's Return on Equity is forecast to be low in 3 years time (13.7%).
Discover growth companies
How has Hangzhou Greatstar Industrial performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002444 has high quality earnings.
Growing Profit Margin: 002444's current net profit margins (10.1%) are lower than last year (15.5%).
Past Earnings Growth Analysis
Earnings Trend: 002444's earnings have grown significantly by 20.5% per year over the past 5 years.
Accelerating Growth: 002444's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002444 had negative earnings growth (-16.1%) over the past year, making it difficult to compare to the Consumer Durables industry average (-2.1%).
Return on Equity
High ROE: 002444's Return on Equity (11.2%) is considered low.
Discover strong past performing companies
How is Hangzhou Greatstar Industrial's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 002444's short term assets (CN¥9.6B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 002444's short term assets (CN¥9.6B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002444 has more cash than its total debt.
Reducing Debt: 002444's debt to equity ratio has increased from 11.2% to 36% over the past 5 years.
Debt Coverage: 002444's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: 002444 earns more interest than it pays, so coverage of interest payments is not a concern.
Discover healthy companies
What is Hangzhou Greatstar Industrial current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 002444's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 002444's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 002444's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 002444's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: 002444 is not paying a notable dividend for the CN market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 002444 has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Xiaoheng Chi (47 yo)
Ms. Xiaoheng Chi is General Manager of Hangzhou Great Star Industrial Co., Ltd since January 2021. Ms. Chi is Deputy Chairman of Hangzhou Great Star Industrial Co., Ltd. since August 31, 2020.She was Vice...
Experienced Management: 002444's management team is seasoned and experienced (14.2 years average tenure).
Experienced Board: 002444's board of directors are seasoned and experienced ( 11.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hangzhou Greatstar Industrial Co., Ltd's employee growth, exchange listings and data sources
- Name: Hangzhou Greatstar Industrial Co., Ltd
- Ticker: 2444
- Exchange: SZSE
- Founded: 1993
- Industry: Household Appliances
- Sector: Consumer Durables
- Implied Market Cap: CN¥27.844b
- Shares outstanding: 1.14b
- Website: https://www.greatstartools.com
Number of Employees
- Hangzhou Greatstar Industrial Co., Ltd
- No. 35 Jiuhuan Road
- Jianggan District
- Zhejiang Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/14 00:00|
|End of Day Share Price||2022/08/12 00:00|
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.