WG TECH (Jiang Xi) (XSSC:603773) - Stock Price, News & Analysis

603773 Stock Overview

Engages in photoelectric glass finishing business in China. More details

603773 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Earnings are forecast to grow 103.91% per year

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

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

WG TECH (Jiang Xi) Co., Ltd. Competitors

Zhejiang Wellsun Intelligent TechnologyLtd

SZSE:300882

CN¥4.4b

Shenzhen Absen OptoelectronicLtd

SZSE:300389

CN¥4.3b

Nanjing Bestway Intelligent Control Technology

SZSE:301195

CN¥4.2b

Wuxi Unicomp Technology

SHSE:688531

CN¥5.8b

Price History & Performance

Summary of all time highs, changes and price drops for WG TECH (Jiang Xi)
Historical stock prices
Current Share Price	CN¥23.32
52 Week High	CN¥30.30
52 Week Low	CN¥13.08
Beta	0.27
11 Month Change	-2.59%
3 Month Change	39.89%
1 Year Change	-14.58%
33 Year Change	118.46%
5 Year Change	77.90%
Change since IPO	-0.32%

Recent updates

Shareholder Returns

	603773	CN Electronic	CN Market
7D	-8.8%	-3.9%	-2.1%
1Y	-14.6%	8.6%	2.8%

Return vs Industry: 603773 underperformed the CN Electronic industry which returned 8.6% over the past year.

Return vs Market: 603773 underperformed the CN Market which returned 2.8% over the past year.

Price Volatility

Is 603773's price volatile compared to industry and market?
603773 volatility
603773 Average Weekly Movement	10.8%
Electronic Industry Average Movement	9.9%
Market Average Movement	8.4%
10% most volatile stocks in CN Market	12.7%
10% least volatile stocks in CN Market	5.7%

Stable Share Price: 603773's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 603773'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
2009	3,834	n/a	www.wgtechjx.com

WG TECH (Jiang Xi) Co., Ltd. engages in photoelectric glass finishing business in China. It offers FPD photoelectric glass finishing products, and backlight module products, including traditional LCD backlights, PCB-based miniLED backlights, and glass-based miniLED backlights, as well as glass-based chip board-level packaging carrier boards and on-vehicle display products.

WG TECH (Jiang Xi) Co., Ltd. Fundamentals Summary

How do WG TECH (Jiang Xi)'s earnings and revenue compare to its market cap?
603773 fundamental statistics
Market cap	CN¥5.20b
Earnings (TTM)	-CN¥33.47m
Revenue (TTM)	CN¥2.21b

2.4x

P/S Ratio

-155.2x

P/E Ratio

Is 603773 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603773 income statement (TTM)
Revenue	CN¥2.21b
Cost of Revenue	CN¥1.82b
Gross Profit	CN¥381.97m
Other Expenses	CN¥415.45m
Earnings	-CN¥33.47m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.15
Gross Margin	17.32%
Net Profit Margin	-1.52%
Debt/Equity Ratio	101.7%

How did 603773 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

-31%

Payout Ratio

603773 Stock Overview

Rewards

Risk Analysis

WG TECH (Jiang Xi) Co., Ltd. Competitors

SZSE:300882

CN¥4.4b

SZSE:300389

CN¥4.3b

SZSE:301195

CN¥4.2b

SHSE:688531

CN¥5.8b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: CN¥0.085 loss per share (vs CN¥0.015 profit in 3Q 2023)

WG TECH (Jiang Xi) Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024

Second quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.055 loss in 2Q 2023)

WG TECH (Jiang Xi) Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024

WG TECH (Jiang Xi) Co., Ltd., Annual General Meeting, May 10, 2024

First quarter 2024 earnings released: CN¥0.032 loss per share (vs CN¥0.006 profit in 1Q 2023)

Recent updates

Third quarter 2024 earnings released: CN¥0.085 loss per share (vs CN¥0.015 profit in 3Q 2023)

WG TECH (Jiang Xi) Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024

Second quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.055 loss in 2Q 2023)

WG TECH (Jiang Xi) Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024

WG TECH (Jiang Xi) Co., Ltd., Annual General Meeting, May 10, 2024

First quarter 2024 earnings released: CN¥0.032 loss per share (vs CN¥0.006 profit in 1Q 2023)

WG TECH (Jiang Xi) Co., Ltd. to Report Q1, 2024 Results on Apr 20, 2024

WG TECH (Jiang Xi) Co., Ltd. (SHSE:603773) completed the acquisition of additional 70% stake in Hubei Tongge Microcircuit Technology Co., Ltd. from Hubei Tianmen High-tech Investment and Development Group Co., Ltd.

WG TECH (Jiang Xi) Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024

New major risk - Share price stability

Third quarter 2023 earnings released: CN¥0.054 loss per share (vs CN¥0.17 loss in 3Q 2022)

New major risk - Financial position

Second quarter 2023 earnings released: CN¥0.072 loss per share (vs CN¥0.045 loss in 2Q 2022)

Second quarter 2023 earnings released: CN¥0.072 loss per share (vs CN¥0.045 loss in 2Q 2022)

New major risk - Share price stability

WG TECH (Jiang Xi) Co., Ltd. to Report First Half, 2023 Results on Aug 07, 2023

First quarter 2023 earnings released: EPS: CN¥0.006 (vs CN¥0.015 in 1Q 2022)

Third quarter 2022 earnings released: CN¥0.19 loss per share (vs CN¥0.057 loss in 3Q 2021)

Second quarter 2022 earnings released: CN¥0.045 loss per share (vs CN¥0.054 loss in 2Q 2021)

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: CN¥0.074 loss per share (vs CN¥0.048 profit in 3Q 2020)

Second quarter 2021 earnings released: CN¥0.13 loss per share (vs CN¥0.12 profit in 2Q 2020)

WG TECH (Jiang Xi) Co., Ltd. (SHSE:603773) completed the acquisition of 51% stake in Beijing Bao´ang Electronics Co., Ltd. from Yu Yao, Xu Xiping, Zhang Fusheng, and Yan Weiduan.

WG TECH (Jiang Xi) Co., Ltd. (SHSE:603773) agreed to acquire 40% stake in DONGGUAN SINGWAY ELECTRONIC TECHNOLOGY CO., LTD from Shenyang Xiaoxing Enterprise Management Partnership (Limited Partnership) and Zhuhai Xiaoxing Investment Consulting Partnership (Limited Partnership) for CNY 50 million.

First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.066 loss in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.15 (vs CN¥0.54 in FY 2019)

WG TECH (Jiang Xi) Co., Ltd.(XSSC:603773) dropped from S&P Global BMI Index

New 90-day low: CN¥24.83

WG TECH (Jiang Xi) Co., Ltd. to Report Fiscal Year 2020 Results on Mar 10, 2021

New 90-day low: CN¥26.77

New 90-day low: CN¥28.06

New 90-day low: CN¥29.63

Third quarter earnings released

New 90-day low: CN¥30.70

Earnings released

WG TECH (Jiang Xi) Co., Ltd. (SHSE:603773) completed the acquisition of Shenzhen Huihe Network Technology Co., Ltd. and remaining 2% stake in Dongguan Shangyu Industrial Investment Co., Ltd. from Dongguan Shangying Industrial Investment Co., Ltd and Shenzhen Hetongshun Trading Company.

WG TECH (Jiang Xi) Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020