How does 688726's PE Ratio compare to its peers?

688726 is good value based on its Price-To-Earnings Ratio (23.2x) compared to the peer average (73.2x).

How does 688726's PE Ratio compare vs other companies in the CN Semiconductor Industry?

688726 is good value based on its Price-To-Earnings Ratio (23.2x) compared to the CN Semiconductor industry average (66x).

What is 688726'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.

Insufficient data to calculate 688726's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 688726 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate 688726'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?

Insufficient data to show price forecast.

688726 Stock Overview

LAPLACE Renewable Energy Technology Co., Ltd. More details

688726 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (23.2x) is below the CN market (36.3x)

Earnings grew by 151.8% over the past year

Risk Analysis

High level of non-cash earnings

My Notes

Capture your thoughts, links and company narrative

LAPLACE Renewable Energy Technology Co., Ltd. Competitors

SICC

SHSE:688234

CN¥24.3b

Jiangsu Pacific Quartz

SHSE:603688

CN¥15.9b

Jiangsu Leadmicro Nano-Equipment Technology

SHSE:688147

CN¥12.3b

Shenyang Fortune Precision Equipment

SHSE:688409

CN¥17.8b

Price History & Performance

Summary of share price highs, lows and changes for LAPLACE Renewable Energy Technology
Historical stock prices
Current Share Price	CN¥48.62
52 Week High	CN¥100.00
52 Week Low	CN¥47.63
Beta	0
1 Month Change	-24.33%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-28.41%

Recent updates

Shareholder Returns

	688726	CN Semiconductor	CN Market
7D	-4.3%	-1.4%	-3.5%
1Y	n/a	13.1%	10.9%

Return vs Industry: Insufficient data to determine how 688726 performed against the CN Semiconductor industry.

Return vs Market: Insufficient data to determine how 688726 performed against the CN Market.

Price Volatility

Is 688726's price volatile compared to industry and market?
688726 volatility
688726 Average Weekly Movement	10.8%
Semiconductor Industry Average Movement	11.6%
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: 688726 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: Insufficient data to determine 688726's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2016	3,756	Jiaji Lin	www.laplace-tech.cn

LAPLACE Renewable Energy Technology Co., Ltd. engages in the research, development, production, and sale of thermal processes, coatings, and supporting automation equipment for photovoltaic cell manufacturing in China. It offers thermal process equipment, such as boron diffusion, phosphorus diffusion, oxidation, and annealing equipment, etc.; and coating equipment, including low pressure chemical vapor deposition horizontal coating equipment and PECVD equipment, etc. The company was incorporated in 2016 and is based in Shenzhen, China.

LAPLACE Renewable Energy Technology Co., Ltd. Fundamentals Summary

How do LAPLACE Renewable Energy Technology's earnings and revenue compare to its market cap?
688726 fundamental statistics
Market cap	CN¥19.38b
Earnings (TTM)	CN¥848.56m
Revenue (TTM)	CN¥5.81b

23.2x

P/E Ratio

3.4x

P/S Ratio

Is 688726 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688726 income statement (TTM)
Revenue	CN¥5.81b
Cost of Revenue	CN¥4.15b
Gross Profit	CN¥1.66b
Other Expenses	CN¥810.34m
Earnings	CN¥848.56m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.09
Gross Margin	28.54%
Net Profit Margin	14.60%
Debt/Equity Ratio	8.5%

How did 688726 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 11:42
End of Day Share Price	2024/12/20 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

LAPLACE Renewable Energy Technology Co., Ltd. is covered by 0 analysts. 0 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

LAPLACE Renewable Energy Technology SHSE:688726 Stock Report