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Northeast Electric Development SEHK:42 Stock Report

Last Price

HK$0.22

Market Cap

HK$189.5m

7D

-1.4%

1Y

-25.2%

Updated

27 Mar, 2024

Data

Company Financials

Northeast Electric Development Company Limited

SEHK:42 Stock Report

Market Cap: HK$189.5m

42 Stock Overview

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.

42 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Northeast Electric Development Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Northeast Electric Development
Historical stock prices
Current Share PriceHK$0.22
52 Week HighHK$0.34
52 Week LowHK$0.19
Beta0.87
1 Month Change-9.21%
3 Month Change-10.33%
1 Year Change-25.17%
3 Year Change-67.61%
5 Year Change-75.89%
Change since IPO-88.14%

Recent News & Updates

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

Recent updates

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-1.4%-2.3%-0.6%
1Y-25.2%-30.6%-14.0%

Return vs Industry: 42 exceeded the Hong Kong Electrical industry which returned -29.7% over the past year.

Return vs Market: 42 underperformed the Hong Kong Market which returned -12.7% over the past year.

Price Volatility

Is 42's price volatile compared to industry and market?
42 volatility
42 Average Weekly Movement8.6%
Electrical Industry Average Movement8.1%
Market Average Movement7.3%
10% most volatile stocks in HK Market14.6%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 42 has not had significant price volatility in the past 3 months.

Volatility Over Time: 42's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993307Weiguo Suhttps://www.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 also manufactures and sells electrical equipment, enclosed busbars, and other accessories; and provides hotel management, catering, and accommodation services. In addition, the company offers engineering design, construction, reconnaissance, and consultation services for new energy projects, as well as electric power engineering services.

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$189.52m
Earnings (TTM)-HK$17.24m
Revenue (TTM)HK$177.75m

1.1x

P/S Ratio

-11.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
42 income statement (TTM)
RevenueCN¥164.18m
Cost of RevenueCN¥58.43m
Gross ProfitCN¥105.75m
Other ExpensesCN¥121.67m
Earnings-CN¥15.92m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Mar 28, 2024

Earnings per share (EPS)-0.018
Gross Margin64.41%
Net Profit Margin-9.70%
Debt/Equity Ratio0%

How did 42 perform over the long term?

See historical performance and comparison
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