How does 24U0's PE Ratio compare to its peers?

24U0 is expensive based on its Price-To-Earnings Ratio (88.4x) compared to the peer average (43.1x).

How does 24U0's PE Ratio compare vs other companies in the European Electrical Industry?

24U0 is expensive based on its Price-To-Earnings Ratio (88.4x) compared to the European Electrical industry average (18.9x).

What is 24U0'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.

Insufficient data to calculate 24U0's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 24U0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

24U0 (€10.2) is trading above our estimate of [[fair value]] (€0.05)

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

Insufficient data to show price forecast.

24U0 Stock Overview

Engages in the research and development, production, and sale of power lithium batteries, and power transmission and distribution equipment in China and internationally. More details

24U0 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	5/6
Past Performance	3/6
Financial Health	2/6
Dividends	0/6

Rewards

Earnings are forecast to grow 43.24% per year

Earnings grew by 146.5% over the past year

Risk Analysis

High level of non-cash earnings

Shares are highly illiquid

Debt is not well covered by operating cash flow

My Notes

Capture your thoughts, links and company narrative

Gotion High-tech Co.,Ltd. Competitors

OSRAM Licht

HMSE:OSR

€4.9b

SFC Energy

XTRA:F3C

€289.6m

SGL Carbon

XTRA:SGL

€484.8m

Nordex

XTRA:NDX1

€2.8b

Price History & Performance

Summary of share price highs, lows and changes for Gotion High-techLtd
Historical stock prices
Current Share Price	CN¥10.20
52 Week High	CN¥10.30
52 Week Low	CN¥9.85
Beta	0.66
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-50.00%

Recent updates

Shareholder Returns

	24U0	DE Electrical	DE Market
7D	0%	0.3%	-1.6%
1Y	n/a	141.7%	6.8%

Return vs Industry: Insufficient data to determine how 24U0 performed against the German Electrical industry.

Return vs Market: Insufficient data to determine how 24U0 performed against the German Market.

Price Volatility

Is 24U0's price volatile compared to industry and market?
24U0 volatility
24U0 Average Weekly Movement	n/a
Electrical Industry Average Movement	5.5%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.6%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 24U0 has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine 24U0's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1995	19,564	Zhen Li	www.gotion.com.cn

Gotion High-tech Co.,Ltd., together with its subsidiaries, engages in the research and development, production, and sale of power lithium batteries, and power transmission and distribution equipment in China and internationally. Its products include lithium iron phosphate materials and batteries, ternary materials and batteries, power battery packs, battery management systems, and energy storage battery packs for use in electric commercial vehicles, passenger vehicles, special vehicles, and hybrid vehicles. The company’s power transmission and distribution equipment include high and low voltage switch equipment, electrical digital equipment, distribution network intelligent equipment, transformer circuit breakers, integrated charging piles, on-board chargers, and energy storage cabinets used in thermal power, hydropower, nuclear power, wind power, rail transit, metallurgy, chemical, and other industries.

Gotion High-tech Co.,Ltd. Fundamentals Summary

How do Gotion High-techLtd's earnings and revenue compare to its market cap?
24U0 fundamental statistics
Market cap	€4.01b
Earnings (TTM)	€58.43m
Revenue (TTM)	€3.92b

68.6x

P/E Ratio

1.0x

P/S Ratio

Is 24U0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
24U0 income statement (TTM)
Revenue	CN¥30.40b
Cost of Revenue	CN¥24.95b
Gross Profit	CN¥5.45b
Other Expenses	CN¥5.00b
Earnings	CN¥453.67m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 20, 2024

Earnings per share (EPS)	0.25
Gross Margin	17.94%
Net Profit Margin	1.49%
Debt/Equity Ratio	127.2%

How did 24U0 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/04 16:05
End of Day Share Price	2023/11/07 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Gotion High-tech Co.,Ltd. is covered by 32 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Cheng Shen	BOCI Research Ltd.
Zhen Xiong Lye	CFRA Equity Research
Bo Hua Wu	Changjiang Securities Co. LTD.