Northeast Electric Development Company Limited

SEHK:42 Stock Report

Market Cap: HK$218.3m

Northeast Electric Development (42) Stock Overview

An investment holding company, engages in the research, design, development, production, and sale of products related to power transmission and transformation equipment in the People’s Republic of China. More details

42 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

42 Community Fair Values

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Northeast Electric Development Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Northeast Electric Development
Historical stock prices
Current Share PriceHK$0.24
52 Week HighHK$0.38
52 Week LowHK$0.20
Beta0.88
1 Month Change0%
3 Month Change-4.71%
1 Year Change17.39%
3 Year Change-6.54%
5 Year Change-46.00%
Change since IPO-86.72%

Recent News & Updates

What Northeast Electric Development Company Limited's (HKG:42) 31% Share Price Gain Is Not Telling You

Oct 04
What Northeast Electric Development Company Limited's (HKG:42) 31% Share Price Gain Is Not Telling You

Recent updates

What Northeast Electric Development Company Limited's (HKG:42) 31% Share Price Gain Is Not Telling You

Oct 04
What Northeast Electric Development Company Limited's (HKG:42) 31% Share Price Gain Is Not Telling You

Some Confidence Is Lacking In Northeast Electric Development Company Limited's (HKG:42) P/S

Feb 01
Some Confidence Is Lacking In Northeast Electric Development Company Limited's (HKG:42) P/S

Northeast Electric Development Company Limited's (HKG:42) 45% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/E Ratio

Apr 04
Northeast Electric Development Company Limited's (HKG:42) 45% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/E Ratio

Shareholder Returns

42HK ElectricalHK Market
7D-2.8%1.1%1.6%
1Y17.4%47.8%32.4%

Return vs Industry: 42 underperformed the Hong Kong Electrical industry which returned 47.8% over the past year.

Return vs Market: 42 underperformed the Hong Kong Market which returned 32.4% over the past year.

Price Volatility

Is 42's price volatile compared to industry and market?
42 volatility
42 Average Weekly Movement6.0%
Electrical Industry Average Movement6.0%
Market Average Movement6.9%
10% most volatile stocks in HK Market15.5%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 42 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 42's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993286n/awww.nee.com.cn

Northeast Electric Development Company Limited, an investment holding company, engages in the research, design, development, production, and sale of products related to power transmission and transformation equipment in the People’s Republic of China. It operates through Production and Sales of Power Transmission Equipment and Related Accessories; Hotel Operations and Provision of Related Catering Services; and Investment Holding segments. The company offers enclosed busbar products.

Northeast Electric Development Company Limited Fundamentals Summary

How do Northeast Electric Development's earnings and revenue compare to its market cap?
42 fundamental statistics
Market capHK$218.34m
Earnings (TTM)-HK$11.05m
Revenue (TTM)HK$171.03m
1.2x
P/S Ratio
-19.2x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
42 income statement (TTM)
RevenueCN¥156.44m
Cost of RevenueCN¥110.36m
Gross ProfitCN¥46.08m
Other ExpensesCN¥56.19m
Earnings-CN¥10.11m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.012
Gross Margin29.46%
Net Profit Margin-6.46%
Debt/Equity Ratio0%

How did 42 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/16 10:24
End of Day Share Price 2025/07/16 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Northeast Electric Development Company Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amruta DeshpandeVirtua Research Inc.