company background image
3006

Hunan Goke MicroelectronicsLtd SZSE:300672 Stock Report

Last Price

CN¥68.90

Market Cap

CN¥12.7b

7D

-5.0%

1Y

-51.3%

Updated

16 Aug, 2022

Data

Company Financials +
300672 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance4/6
Financial Health3/6
Dividends2/6

300672 Stock Overview

Hunan Goke Microelectronics Co.,Ltd. engages in the research and development of integrated circuit chips in China.

Hunan Goke MicroelectronicsLtd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hunan Goke MicroelectronicsLtd
Historical stock prices
Current Share PriceCN¥68.90
52 Week HighCN¥244.44
52 Week LowCN¥58.66
Beta0.26
1 Month Change-0.62%
3 Month Change1.47%
1 Year Change-51.30%
3 Year Change131.68%
5 Year Change203.01%
Change since IPO799.36%

Recent News & Updates

Shareholder Returns

300672CN SemiconductorCN Market
7D-5.0%1.5%1.3%
1Y-51.3%-7.4%-9.7%

Return vs Industry: 300672 underperformed the CN Semiconductor industry which returned -7.4% over the past year.

Return vs Market: 300672 underperformed the CN Market which returned -9.7% over the past year.

Price Volatility

Is 300672's price volatile compared to industry and market?
300672 volatility
300672 Average Weekly Movement7.4%
Semiconductor Industry Average Movement7.6%
Market Average Movement6.0%
10% most volatile stocks in CN Market9.1%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 300672 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 300672's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008701Ping Xianghttps://www.goke.com

Hunan Goke Microelectronics Co.,Ltd. engages in the research and development of integrated circuit chips in China. It offers its products for use in solid-state storage, smart monitoring, smart set-top boxes, and the Internet of Things.

Hunan Goke MicroelectronicsLtd Fundamentals Summary

How do Hunan Goke MicroelectronicsLtd's earnings and revenue compare to its market cap?
300672 fundamental statistics
Market CapCN¥12.73b
Earnings (TTM)CN¥269.04m
Revenue (TTM)CN¥2.42b

46.4x

P/E Ratio

5.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
300672 income statement (TTM)
RevenueCN¥2.42b
Cost of RevenueCN¥1.84b
Gross ProfitCN¥581.55m
Other ExpensesCN¥312.51m
EarningsCN¥269.04m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.49
Gross Margin24.04%
Net Profit Margin11.12%
Debt/Equity Ratio83.7%

How did 300672 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

27%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 300672 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300672?

Other financial metrics that can be useful for relative valuation.

300672 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.7x
Enterprise Value/EBITDA48.6x
PEG Ratio1.5x

Price to Earnings Ratio vs Peers

How does 300672's PE Ratio compare to its peers?

300672 PE Ratio vs Peers
The above table shows the PE ratio for 300672 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average42.2x
300613 Shanghai Fullhan Microelectronics
38.2x24.7%CN¥16.9b
300671 Shenzhen Fine Made Electronics Group
28xn/aCN¥12.8b
688213 Smartsens Technology (Shanghai)
60.3x24.2%CN¥23.8b
300077 Nations Technologies
42.2xn/aCN¥11.3b
300672 Hunan Goke MicroelectronicsLtd
46.4x30.0%CN¥12.7b

Price-To-Earnings vs Peers: 300672 is expensive based on its Price-To-Earnings Ratio (46.4x) compared to the peer average (42.2x).


Price to Earnings Ratio vs Industry

How does 300672's PE Ratio compare vs other companies in the CN Semiconductor Industry?

Price-To-Earnings vs Industry: 300672 is good value based on its Price-To-Earnings Ratio (46.4x) compared to the CN Semiconductor industry average (60.1x)


Price to Earnings Ratio vs Fair Ratio

What is 300672'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.

300672 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio46.4x
Fair PE Ratio47x

Price-To-Earnings vs Fair Ratio: 300672 is good value based on its Price-To-Earnings Ratio (46.4x) compared to the estimated Fair Price-To-Earnings Ratio (47x).


Share Price vs Fair Value

What is the Fair Price of 300672 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300672 (CN¥68.9) is trading above our estimate of fair value (CN¥5.95)

Significantly Below Fair Value: 300672 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: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is Hunan Goke MicroelectronicsLtd forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


30.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 300672's forecast earnings growth (30% per year) is above the savings rate (3.2%).

Earnings vs Market: 300672's earnings (30% per year) are forecast to grow faster than the CN market (24.6% per year).

High Growth Earnings: 300672's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 300672's revenue is forecast to grow faster than the CN market.

High Growth Revenue: Insufficient data to determine if 300672's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 300672's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Hunan Goke MicroelectronicsLtd performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


33.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 300672 has a high level of non-cash earnings.

Growing Profit Margin: 300672's current net profit margins (11.1%) are higher than last year (9.8%).


Past Earnings Growth Analysis

Earnings Trend: 300672's earnings have grown significantly by 33.4% per year over the past 5 years.

Accelerating Growth: 300672's earnings growth over the past year (151.5%) exceeds its 5-year average (33.4% per year).

Earnings vs Industry: 300672 earnings growth over the past year (151.5%) exceeded the Semiconductor industry 64.1%.


Return on Equity

High ROE: 300672's Return on Equity (18%) is considered low.


Discover strong past performing companies

Financial Health

How is Hunan Goke MicroelectronicsLtd's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 300672's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥2.1B).

Long Term Liabilities: 300672's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥393.7M).


Debt to Equity History and Analysis

Debt Level: 300672's net debt to equity ratio (69.9%) is considered high.

Reducing Debt: Insufficient data to determine if 300672's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 300672's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 300672's interest payments on its debt are well covered by EBIT (12x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Hunan Goke MicroelectronicsLtd current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.58%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 300672's dividend (0.58%) is higher than the bottom 25% of dividend payers in the CN market (0.45%).

High Dividend: 300672's dividend (0.58%) is low compared to the top 25% of dividend payers in the CN market (1.88%).


Stability and Growth of Payments

Stable Dividend: 300672 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 300672's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.9%), 300672's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 300672 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average board tenure


CEO

Ping Xiang (51 yo)

no data

Tenure

CN¥593,900

Compensation

Mr. Ping Xiang served as Deputy General Manager of Science Times Newspaper Business Center of Chinese Academy of Sciences from 2000 to 2004. Mr. Xiang serves as the Chairman and Chief Executive Officer of...


Board Members

Experienced Board: 300672's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hunan Goke Microelectronics Co.,Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Hunan Goke Microelectronics Co.,Ltd.
  • Ticker: 300672
  • Exchange: SZSE
  • Founded: 2008
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: CN¥12.732b
  • Shares outstanding: 181.10m
  • Website: https://www.goke.com

Number of Employees


Location

  • Hunan Goke Microelectronics Co.,Ltd.
  • No. 9, East 10th Road (South)
  • Xingsha
  • Changsha
  • Hunan Province
  • 410131
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/16 00:00
End of Day Share Price2022/08/16 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.