company background image
000988 logo

Huagong Tech SZSE:000988 Stock Report

Last Price

CN¥27.95

Market Cap

CN¥28.1b

7D

-4.4%

1Y

-22.3%

Updated

29 Jul, 2024

Data

Company Financials +

Huagong Tech Company Limited

SZSE:000988 Stock Report

Market Cap: CN¥28.1b

000988 Stock Overview

Manufactures and sells laser equipment, optical communication devices, laser holographic anti-counterfeiting products, and sensors and information tracing in China and internationally.

000988 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance3/6
Financial Health5/6
Dividends4/6

Huagong Tech Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Huagong Tech
Historical stock prices
Current Share PriceCN¥27.95
52 Week HighCN¥39.00
52 Week LowCN¥22.96
Beta0.55
11 Month Change-6.62%
3 Month Change-16.91%
1 Year Change-22.32%
33 Year Change-5.19%
5 Year Change74.69%
Change since IPO178.77%

Recent News & Updates

Huagong Tech (SZSE:000988) Seems To Use Debt Quite Sensibly

Jun 28
Huagong Tech (SZSE:000988) Seems To Use Debt Quite Sensibly

Getting In Cheap On Huagong Tech Company Limited (SZSE:000988) Might Be Difficult

Jun 10
Getting In Cheap On Huagong Tech Company Limited (SZSE:000988) Might Be Difficult

Recent updates

Huagong Tech (SZSE:000988) Seems To Use Debt Quite Sensibly

Jun 28
Huagong Tech (SZSE:000988) Seems To Use Debt Quite Sensibly

Getting In Cheap On Huagong Tech Company Limited (SZSE:000988) Might Be Difficult

Jun 10
Getting In Cheap On Huagong Tech Company Limited (SZSE:000988) Might Be Difficult

Is Huagong Tech Company Limited (SZSE:000988) Expensive For A Reason? A Look At Its Intrinsic Value

May 24
Is Huagong Tech Company Limited (SZSE:000988) Expensive For A Reason? A Look At Its Intrinsic Value

Huagong Tech (SZSE:000988) Is Doing The Right Things To Multiply Its Share Price

Apr 25
Huagong Tech (SZSE:000988) Is Doing The Right Things To Multiply Its Share Price

Huagong Tech's (SZSE:000988) Solid Earnings May Rest On Weak Foundations

Apr 03
Huagong Tech's (SZSE:000988) Solid Earnings May Rest On Weak Foundations

Analysts Have Just Cut Their Huagong Tech Company Limited (SZSE:000988) Revenue Estimates By 11%

Apr 01
Analysts Have Just Cut Their Huagong Tech Company Limited (SZSE:000988) Revenue Estimates By 11%

Huagong Tech Company Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Mar 30
Huagong Tech Company Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Huagong Tech Company Limited (SZSE:000988) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected

Mar 01
Huagong Tech Company Limited (SZSE:000988) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected

Huagong Tech (SZSE:000988) Seems To Use Debt Rather Sparingly

Feb 29
Huagong Tech (SZSE:000988) Seems To Use Debt Rather Sparingly

Shareholder Returns

000988CN ElectronicCN Market
7D-4.4%-4.1%-2.8%
1Y-22.3%-12.3%-21.0%

Return vs Industry: 000988 underperformed the CN Electronic industry which returned -12.3% over the past year.

Return vs Market: 000988 underperformed the CN Market which returned -21% over the past year.

Price Volatility

Is 000988's price volatile compared to industry and market?
000988 volatility
000988 Average Weekly Movement4.0%
Electronic Industry Average Movement6.5%
Market Average Movement5.8%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 000988 has not had significant price volatility in the past 3 months.

Volatility Over Time: 000988's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19998,179Xinqiang Mawww.hgtech.com.cn

Huagong Tech Company Limited manufactures and sells laser equipment, optical communication devices, laser holographic anti-counterfeiting products, and sensors and information tracing in China and internationally. The company offers laser smart equipment, such as laser marking, laser cutting, laser surface treatment, laser welding, and plasma cutting equipment, as well as specialized equipment; and hologram products, including hologram stickers, hot stamping foils, security hologram, packing hologram, metalized paper, and barcode products. It also provides optical communication transceivers; automotive electronic products; PTC motor starting thermistors; NTC series temperature sensors; and PTC series thermistors, heating components and devices, heaters, and heating chips.

Huagong Tech Company Limited Fundamentals Summary

How do Huagong Tech's earnings and revenue compare to its market cap?
000988 fundamental statistics
Market capCN¥28.10b
Earnings (TTM)CN¥988.66m
Revenue (TTM)CN¥9.71b

28.4x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
000988 income statement (TTM)
RevenueCN¥9.71b
Cost of RevenueCN¥7.41b
Gross ProfitCN¥2.30b
Other ExpensesCN¥1.32b
EarningsCN¥988.66m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 16, 2024

Earnings per share (EPS)0.98
Gross Margin23.72%
Net Profit Margin10.18%
Debt/Equity Ratio31.0%

How did 000988 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

15%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.