2508 Stock Overview
Hangzhou Robam Appliances Co., Ltd. develops, manufactures, and sells kitchen appliances under the ROBAM brand in China and internationally.
Hangzhou Robam Appliances Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥26.38|
|52 Week High||CN¥42.75|
|52 Week Low||CN¥24.65|
|1 Month Change||-8.08%|
|3 Month Change||-14.46%|
|1 Year Change||-36.95%|
|3 Year Change||5.73%|
|5 Year Change||-34.12%|
|Change since IPO||294.08%|
Recent News & Updates
|2508||CN Consumer Durables||CN Market|
Return vs Industry: 002508 underperformed the CN Consumer Durables industry which returned -24% over the past year.
Return vs Market: 002508 underperformed the CN Market which returned -7.7% over the past year.
|2508 Average Weekly Movement||6.5%|
|Consumer Durables Industry Average Movement||5.9%|
|Market Average Movement||6.0%|
|10% most volatile stocks in CN Market||9.2%|
|10% least volatile stocks in CN Market||3.8%|
Stable Share Price: 002508 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 002508's weekly volatility (7%) has been stable over the past year.
About the Company
|1979||4,879||Fu Jia Ren||https://www.robam.com|
Hangzhou Robam Appliances Co., Ltd. develops, manufactures, and sells kitchen appliances under the ROBAM brand in China and internationally. Its products include range hoods, gas hobs, sterilizer cabinets, steam ovens, dishwashers, water purifiers and heaters, microwaves, integrated hobs and sinks, purification and multifunctional tanks, electric pressure pots, and kitchenware and other kitchen appliances. The company also offers technical services for home appliances.
Hangzhou Robam Appliances Fundamentals Summary
|2508 fundamental statistics|
Is 2508 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2508 income statement (TTM)|
|Cost of Revenue||CN¥5.08b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.42|
|Net Profit Margin||12.98%|
How did 2508 perform over the long term?See historical performance and comparison
1.9%Current Dividend Yield
Is 2508 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
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 2508?
Other financial metrics that can be useful for relative valuation.
|What is 2508's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2508's PE Ratio compare to its peers?
|2508 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
002444 Hangzhou Greatstar Industrial
603355 Kingclean ElectricLtd
002032 Zhejiang Supor
688169 Beijing Roborock Technology
002508 Hangzhou Robam Appliances
Price-To-Earnings vs Peers: 002508 is good value based on its Price-To-Earnings Ratio (18.6x) compared to the peer average (26.5x).
Price to Earnings Ratio vs Industry
How does 2508's PE Ratio compare vs other companies in the CN Consumer Durables Industry?
Price-To-Earnings vs Industry: 002508 is good value based on its Price-To-Earnings Ratio (18.6x) compared to the CN Consumer Durables industry average (27.8x)
Price to Earnings Ratio vs Fair Ratio
What is 2508'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||18.6x|
|Fair PE Ratio||20.5x|
Price-To-Earnings vs Fair Ratio: 002508 is good value based on its Price-To-Earnings Ratio (18.6x) compared to the estimated Fair Price-To-Earnings Ratio (20.5x).
Share Price vs Fair Value
What is the Fair Price of 2508 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 002508 (CN¥26.38) is trading below our estimate of fair value (CN¥48.9)
Significantly Below Fair Value: 002508 is trading below fair value by more than 20%.
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 more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is Hangzhou Robam Appliances forecast to perform in the next 1 to 3 years based on estimates from 20 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: 002508's forecast earnings growth (16.3% per year) is above the savings rate (3.2%).
Earnings vs Market: 002508's earnings (16.3% per year) are forecast to grow slower than the CN market (24.7% per year).
High Growth Earnings: 002508's earnings are forecast to grow, but not significantly.
Revenue vs Market: 002508's revenue (12.8% per year) is forecast to grow slower than the CN market (17.8% per year).
High Growth Revenue: 002508's revenue (12.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002508's Return on Equity is forecast to be high in 3 years time (21.1%)
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How has Hangzhou Robam Appliances 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: 002508 has high quality earnings.
Growing Profit Margin: 002508's current net profit margins (13%) are lower than last year (20.2%).
Past Earnings Growth Analysis
Earnings Trend: 002508's earnings have grown by 3% per year over the past 5 years.
Accelerating Growth: 002508's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 002508 had negative earnings growth (-24.5%) over the past year, making it difficult to compare to the Consumer Durables industry average (-2.1%).
Return on Equity
High ROE: 002508's Return on Equity (14.8%) is considered low.
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How is Hangzhou Robam Appliances's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 002508's short term assets (CN¥11.4B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 002508's short term assets (CN¥11.4B) exceed its long term liabilities (CN¥153.1M).
Debt to Equity History and Analysis
Debt Level: 002508 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 002508's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 002508's debt is well covered by operating cash flow (4734.5%).
Interest Coverage: 002508 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Hangzhou Robam Appliances's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002508's dividend (1.9%) is higher than the bottom 25% of dividend payers in the CN market (0.44%).
High Dividend: 002508's dividend (1.9%) is in the top 25% of dividend payers in the CN market (1.87%)
Stability and Growth of Payments
Stable Dividend: 002508's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002508's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), 002508's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54%), 002508's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Fu Jia Ren (39 yo)
Mr. Fu Jia Ren serves as Executive director and general manager of Hangzhou famous Electric Appliance Co., Ltd. Mr. Ren serves as Vice Chairman of the Board and General Manager at Hangzhou Robam Appliances...
Experienced Board: 002508's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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 Robam Appliances Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Hangzhou Robam Appliances Co., Ltd.
- Ticker: 2508
- Exchange: SZSE
- Founded: 1979
- Industry: Household Appliances
- Sector: Consumer Durables
- Implied Market Cap: CN¥25.179b
- Shares outstanding: 944.09m
- Website: https://www.robam.com
Number of Employees
- Hangzhou Robam Appliances Co., Ltd.
- No. 592, Linping Avenue
- Yuhang Economic Development Zone
- Zhejiang Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/18 00:00|
|End of Day Share Price||2022/08/18 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.