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Zhejiang Akcome New Energy TechnologyLtd SZSE:002610 Stock Report

Last Price

CN¥1.66

Market Cap

CN¥7.5b

7D

-4.6%

1Y

-41.5%

Updated

24 Apr, 2024

Data

Company Financials

Zhejiang Akcome New Energy Technology Co.,Ltd.

SZSE:002610 Stock Report

Market Cap: CN¥7.5b

2610 Stock Overview

Zhejiang Akcome New Energy Technology Co.,Ltd.

2610 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Risk Analysis


Zhejiang Akcome New Energy Technology Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Akcome New Energy TechnologyLtd
Historical stock prices
Current Share PriceCN¥1.66
52 Week HighCN¥2.90
52 Week LowCN¥1.50
Beta1.09
1 Month Change-16.58%
3 Month Change-23.85%
1 Year Change-41.55%
3 Year Change-31.41%
5 Year Change-19.42%
Change since IPO-33.15%

Recent News & Updates

Zhejiang Akcome New Energy Technology Co.,Ltd.'s (SZSE:002610) Business And Shares Still Trailing The Industry

Apr 22
Zhejiang Akcome New Energy Technology Co.,Ltd.'s (SZSE:002610) Business And Shares Still Trailing The Industry

Recent updates

Zhejiang Akcome New Energy Technology Co.,Ltd.'s (SZSE:002610) Business And Shares Still Trailing The Industry

Apr 22
Zhejiang Akcome New Energy Technology Co.,Ltd.'s (SZSE:002610) Business And Shares Still Trailing The Industry

Shareholder Returns

2610CN SemiconductorCN Market
7D-4.6%0.6%1.6%
1Y-41.5%-36.5%-15.1%

Return vs Industry: 002610 underperformed the CN Semiconductor industry which returned -36.5% over the past year.

Return vs Market: 002610 underperformed the CN Market which returned -15.1% over the past year.

Price Volatility

Is 2610's price volatile compared to industry and market?
2610 volatility
2610 Average Weekly Movement7.4%
Semiconductor Industry Average Movement8.9%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 002610's share price has been volatile over the past 3 months.

Volatility Over Time: 002610's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20061,478Chenghui Zouwww.akcome.com

Zhejiang Akcome New Energy Technology Co.,Ltd. manufactures photovoltaic solar accessories in the People’s Republic of China. It offers solar cells, modules, mounting systems, and frames, as well as operates power stations.

Zhejiang Akcome New Energy Technology Co.,Ltd. Fundamentals Summary

How do Zhejiang Akcome New Energy TechnologyLtd's earnings and revenue compare to its market cap?
2610 fundamental statistics
Market capCN¥7.46b
Earnings (TTM)-CN¥541.21m
Revenue (TTM)CN¥6.08b

1.2x

P/S Ratio

-13.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2610 income statement (TTM)
RevenueCN¥6.08b
Cost of RevenueCN¥5.78b
Gross ProfitCN¥300.10m
Other ExpensesCN¥841.31m
Earnings-CN¥541.21m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 29, 2024

Earnings per share (EPS)-0.12
Gross Margin4.93%
Net Profit Margin-8.90%
Debt/Equity Ratio111.3%

How did 2610 perform over the long term?

See historical performance and comparison
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