How does 002600's PE Ratio compare to its peers?

002600 is good value based on its Price-To-Earnings Ratio (36.6x) compared to the peer average (39.6x).

How does 002600's PE Ratio compare vs other companies in the CN Electronic Industry?

002600 is good value based on its Price-To-Earnings Ratio (36.6x) compared to the CN Electronic industry average (44.7x).

What is 002600'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.

002600 is good value based on its Price-To-Earnings Ratio (36.6x) compared to the estimated Fair Price-To-Earnings Ratio (42.2x).

What is the Fair Price of 002600 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

002600 (CN¥8.33) is trading below our estimate of [[fair value]] (CN¥9.77)

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

Target price is less than 20% higher than the current share price.

Lingyi iTech (Guangdong) (XSEC:002600) - Stock Price, News & Analysis

002600 Stock Overview

Provides smart manufacturing services and solutions. More details

002600 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 14.7% below our estimate of its fair value

Earnings are forecast to grow 28.5% per year

Trading at good value compared to peers and industry

Risk Analysis

Profit margins (3.9%) are lower than last year (6.5%)

Volatile share price over the past 3 months compared to the CN market

Lingyi iTech (Guangdong) Company Competitors

Shennan Circuit

SZSE:002916

CN¥51.2b

Chaozhou Three-Circle (Group)Ltd

SZSE:300408

CN¥69.5b

Maxscend Microelectronics

SZSE:300782

CN¥49.7b

Wus Printed Circuit (Kunshan)

SZSE:002463

CN¥72.4b

Price History & Performance

Summary of all time highs, changes and price drops for Lingyi iTech (Guangdong)
Historical stock prices
Current Share Price	CN¥8.33
52 Week High	CN¥9.95
52 Week Low	CN¥4.26
Beta	1.04
11 Month Change	-4.58%
3 Month Change	9.32%
1 Year Change	23.96%
33 Year Change	11.66%
5 Year Change	-20.21%
Change since IPO	11.36%

Recent updates

Shareholder Returns

	002600	CN Electronic	CN Market
7D	-0.7%	-3.3%	-2.0%
1Y	24.0%	8.6%	4.6%

Return vs Industry: 002600 exceeded the CN Electronic industry which returned 5.4% over the past year.

Return vs Market: 002600 exceeded the CN Market which returned 2% over the past year.

Price Volatility

Is 002600's price volatile compared to industry and market?
002600 volatility
002600 Average Weekly Movement	11.0%
Electronic Industry Average Movement	9.9%
Market Average Movement	8.4%
10% most volatile stocks in CN Market	12.6%
10% least volatile stocks in CN Market	5.6%

Stable Share Price: 002600's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 002600's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

Founded	Employees	CEO	Website
1975	78,952	Fangqin Zeng	www.lingyiitech.com

Lingyi iTech (Guangdong) Company provides smart manufacturing services and solutions. The company offers permanent magnet ferrite components, soft magnetic ferrite components, thermal materials, conductive materials, and other functional materials. It also provides midstream precision functional parts, structural parts platform, module assembly platform, and FATP platform.

Lingyi iTech (Guangdong) Company Fundamentals Summary

How do Lingyi iTech (Guangdong)'s earnings and revenue compare to its market cap?
002600 fundamental statistics
Market cap	CN¥58.13b
Earnings (TTM)	CN¥1.59b
Revenue (TTM)	CN¥40.96b

36.6x

P/E Ratio

1.4x

P/S Ratio

Is 002600 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002600 income statement (TTM)
Revenue	CN¥40.96b
Cost of Revenue	CN¥34.73b
Gross Profit	CN¥6.24b
Other Expenses	CN¥4.65b
Earnings	CN¥1.59b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.23
Gross Margin	15.23%
Net Profit Margin	3.87%
Debt/Equity Ratio	38.0%

How did 002600 perform over the long term?

See historical performance and comparison

002600 Stock Overview

Rewards

Risk Analysis

Lingyi iTech (Guangdong) Company Competitors

SZSE:002916

CN¥51.2b

SZSE:300408

CN¥69.5b

SZSE:300782

CN¥49.7b

SZSE:002463

CN¥72.4b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: CN¥0.099 (vs CN¥0.09 in 3Q 2023)

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 23%

Lingyi iTech (Guangdong) Company to Report Q3, 2024 Results on Oct 31, 2024

Now 21% undervalued

Second quarter 2024 earnings released: EPS: CN¥0.032 (vs CN¥0.09 in 2Q 2023)

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.099 (vs CN¥0.09 in 3Q 2023)

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 23%

Lingyi iTech (Guangdong) Company to Report Q3, 2024 Results on Oct 31, 2024

Now 21% undervalued

Second quarter 2024 earnings released: EPS: CN¥0.032 (vs CN¥0.09 in 2Q 2023)

New major risk - Share price stability

Now 25% overvalued after recent price rise

Investor sentiment improves as stock rises 15%

New minor risk - Share price stability

Investor sentiment improves as stock rises 18%

Now 38% overvalued after recent price rise

Lingyi iTech (Guangdong) Company to Report First Half, 2024 Results on Aug 30, 2024

Now 25% overvalued after recent price rise

Investor sentiment improves as stock rises 19%

Lingyi iTech (Guangdong) Company Implements Final Cash Dividend on A Shares for 2023, Payable on 30 May 2024

Lingyi Itech (Guangdong) Company Proposes Final Dividend for 2023

Lingyi iTech (Guangdong) Company, Annual General Meeting, May 20, 2024

Full year 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.23 in FY 2022)

Lingyi iTech (Guangdong) Company to Report Q1, 2024 Results on Apr 30, 2024

Lingyi iTech (Guangdong) Company (SZSE:002600) announces an Equity Buyback for CNY 100 million worth of its shares.

Investor sentiment improves as stock rises 19%

Lingyi iTech (Guangdong) Company to Report Fiscal Year 2023 Results on Apr 13, 2024

Third quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.094 in 3Q 2022)

Lingyi Itech (Guangdong) Company Announces Cash Dividend for the Year 2023, Payable on October 19, 2023

Lingyi iTech (Guangdong) Company to Report Q3, 2023 Results on Oct 28, 2023

Lingyi Itech (Guangdong) Company Announces Cash Dividend for the Year 2023

Lingyi Itech (Guangdong) Company Proposes Dividend First Half of 2023

Second quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.029 in 2Q 2022)

Lingyi Itech (Guangdong) Company Announces Final Cash Dividend on A Shares for the Year 2022, Payable on July 7, 2023

Lingyi Itech (Guangdong) Company Approves Dividend for 2022

Lingyi iTech (Guangdong) Company, Annual General Meeting, May 22, 2023

First quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.04 in 1Q 2022)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.094 (vs CN¥0.11 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.029 (vs CN¥0.01 loss in 2Q 2021)

Less than half of directors are independent

First quarter 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.07 in 1Q 2021)

Lingyi iTech (Guangdong) Company, Annual General Meeting, Apr 28, 2022

Full year 2021 earnings released: EPS: CN¥0.17 (vs CN¥0.33 in FY 2020)

Lingyi iTech (Guangdong) Company (SZSE:002600) announces an Equity Buyback for CNY 600 million worth of its shares.

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.12 in 3Q 2020)

Second quarter 2021 earnings released: CN¥0.01 loss per share (vs CN¥0.075 profit in 2Q 2020)

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.01 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.33 (vs CN¥0.28 in FY 2019)

New 90-day low: CN¥9.65

Lingyi iTech (Guangdong) Company to Report Fiscal Year 2020 Results on Mar 31, 2021

New 90-day low: CN¥11.69

New 90-day high: CN¥14.40

Third quarter earnings released

Lingyi iTech (Guangdong) Company to Report Q3, 2020 Results on Oct 28, 2020

New 90-day high: CN¥12.78

Lingyi iTech (Guangdong) Company to Report First Half, 2020 Results on Jul 31, 2020

Shareholder Returns

Price Volatility

About the Company

Lingyi iTech (Guangdong) Company Fundamentals Summary