How does 002045's PE Ratio compare to its peers?

002045 is good value based on its Price-To-Earnings Ratio (43.1x) compared to the peer average (74x).

How does 002045's PE Ratio compare vs other companies in the CN Consumer Durables Industry?

002045 is expensive based on its Price-To-Earnings Ratio (43.1x) compared to the CN Consumer Durables industry average (21.8x).

What is 002045'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.

002045 is expensive based on its Price-To-Earnings Ratio (43.1x) compared to the estimated Fair Price-To-Earnings Ratio (24.1x).

What is the Fair Price of 002045 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate 002045's fair value for valuation analysis.

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

Target price is lower than the current share price.

Guoguang Electric (XSEC:002045) - Stock Price, News & Analysis

002045 Stock Overview

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

002045 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	3/6
Past Performance	2/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings are forecast to grow 25.67% per year

Risk Analysis

Shareholders have been diluted in the past year

Guoguang Electric Company Limited Competitors

Minami Acoustics

SZSE:301383

CN¥6.1b

Sichuan Jiuzhou Electronic

SZSE:000801

CN¥19.9b

Edifier Technology

SZSE:002351

CN¥14.6b

Cosonic Intelligent Technologies

SZSE:300793

CN¥6.1b

Price History & Performance

Summary of all time highs, changes and price drops for Guoguang Electric
Historical stock prices
Current Share Price	CN¥22.86
52 Week High	CN¥22.97
52 Week Low	CN¥9.56
Beta	0.61
11 Month Change	80.00%
3 Month Change	101.77%
1 Year Change	47.58%
33 Year Change	64.46%
5 Year Change	79.86%
Change since IPO	82.15%

Recent updates

Shareholder Returns

	002045	CN Consumer Durables	CN Market
7D	45.8%	-1.9%	-2.1%
1Y	47.6%	16.1%	2.8%

Return vs Industry: 002045 exceeded the CN Consumer Durables industry which returned 16.1% over the past year.

Return vs Market: 002045 exceeded the CN Market which returned 2.8% over the past year.

Price Volatility

Is 002045's price volatile compared to industry and market?
002045 volatility
002045 Average Weekly Movement	9.0%
Consumer Durables Industry Average Movement	7.9%
Market Average Movement	8.3%
10% most volatile stocks in CN Market	12.6%
10% least volatile stocks in CN Market	5.6%

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

Volatility Over Time: 002045's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1951	5,247	Wei Cheng He	www.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?
002045 fundamental statistics
Market cap	CN¥12.61b
Earnings (TTM)	CN¥292.68m
Revenue (TTM)	CN¥7.31b

43.1x

P/E Ratio

1.7x

P/S Ratio

Is 002045 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002045 income statement (TTM)
Revenue	CN¥7.31b
Cost of Revenue	CN¥6.28b
Gross Profit	CN¥1.02b
Other Expenses	CN¥732.31m
Earnings	CN¥292.68m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.53
Gross Margin	14.03%
Net Profit Margin	4.01%
Debt/Equity Ratio	68.8%

How did 002045 perform over the long term?

See historical performance and comparison

002045 Stock Overview

Rewards

Risk Analysis

Guoguang Electric Company Limited Competitors

SZSE:301383

CN¥6.1b

SZSE:000801

CN¥19.9b

SZSE:002351

CN¥14.6b

SZSE:300793

CN¥6.1b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.57 in 3Q 2023)

Investor sentiment improves as stock rises 19%

Guoguang Electric Company Limited to Report Q3, 2024 Results on Oct 23, 2024

New minor risk - Share price stability

New minor risk - Earnings quality

Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.10 in 2Q 2023)

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.57 in 3Q 2023)

Investor sentiment improves as stock rises 19%

Guoguang Electric Company Limited to Report Q3, 2024 Results on Oct 23, 2024

New minor risk - Share price stability

New minor risk - Earnings quality

Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.10 in 2Q 2023)

Now 9.8% overvalued

Guoguang Electric Company Limited to Report First Half, 2024 Results on Aug 21, 2024

Now 23% overvalued

First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.02 in 1Q 2023)

Full year 2023 earnings released: EPS: CN¥0.78 (vs CN¥0.40 in FY 2022)

Guoguang Electric Company Limited, Annual General Meeting, May 07, 2024

Guoguang Electric Company Limited to Report Q1, 2024 Results on Apr 27, 2024

Full year 2023 earnings released: EPS: CN¥0.73 (vs CN¥0.40 in FY 2022)

Investor sentiment deteriorates as stock falls 16%

Guoguang Electric Company Limited Approves Election of Wang Jie as Non-Independent Director

New minor risk - Shareholder dilution

Insufficient new directors

Guoguang Electric Company Limited to Report Fiscal Year 2023 Results on Apr 16, 2024

Third quarter 2023 earnings released: EPS: CN¥0.57 (vs CN¥0.24 in 3Q 2022)

New minor risk - Share price stability

Second quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.20 in 2Q 2022)

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 16%

Full year 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.09 in FY 2021)

Guoguang Electric Company Limited (SZSE:002045) announces an Equity Buyback for CNY 400 million worth of its shares.

High number of new directors

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.025 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.12 in 2Q 2021)

High number of new directors

First quarter 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.12 in 1Q 2021)

High number of new and inexperienced directors

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.025 (vs CN¥0.24 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.099 in 2Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥0.40 (vs CN¥0.75 in FY 2019)

Full year 2020 earnings released: EPS CN¥0.40 (vs CN¥0.75 in FY 2019)

Investor sentiment improved over the past week

Guoguang Electric Company Limited to Report Fiscal Year 2020 Results on Apr 13, 2021

Investor sentiment improved over the past week

New 90-day high: CN¥10.01

Guoguang Electric Company Limited Announces Election of Non-Independent Directors and Independent Directors

New 90-day low: CN¥8.58

Guoguang Electric Company Limited to Report Q3, 2020 Results on Oct 27, 2020

Zhou Feng completed the acquisition of 6% stake in Guoguang Electric Company Limited (SZSE:002045) from Guangxi Guoguang Investment Development Co., Ltd.

Guoguang Electric Company Limited to Report First Half, 2020 Results on Aug 25, 2020

Guangzhou Zhiyuan Real Estate Co., Ltd. cancelled the acquisition of 81% stake in Guangzhou Guoguang Smart Electronic Industrial Park Co., Ltd. from Guoguang Electric Company Limited (SZSE:002045) and Guangzhou Runke Business Management Partnership Enterprise (Limited Partnership).

Shareholder Returns

Price Volatility

About the Company

Guoguang Electric Company Limited Fundamentals Summary

43.1x

1.7x