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Northeast Electric Development SEHK:42 Stock Report

Last Price

HK$0.32

Market Cap

HK$275.1m

7D

1.6%

1Y

37.0%

Updated

10 Dec, 2024

Data

Company Financials

Northeast Electric Development Company Limited

SEHK:42 Stock Report

Market Cap: HK$275.1m

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 Performance2/6
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$0.32
52 Week HighHK$0.38
52 Week LowHK$0.19
Beta0.90
11 Month Change5.00%
3 Month Change47.89%
1 Year Change36.96%
33 Year Change-58.00%
5 Year Change-40.57%
Change since IPO-82.79%

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
7D1.6%-4.2%4.7%
1Y37.0%56.0%23.1%

Return vs Industry: 42 underperformed the Hong Kong Electrical industry which returned 56% over the past year.

Return vs Market: 42 exceeded the Hong Kong Market which returned 23.1% over the past year.

Price Volatility

Is 42's price volatile compared to industry and market?
42 volatility
42 Average Weekly Movement14.2%
Electrical Industry Average Movement10.4%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.9%
10% least volatile stocks in HK Market4.2%

Stable Share Price: 42's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: 42's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
1993304n/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. The company also manufactures and sells electrical equipment, enclosed busbars, and other accessories; and provides information consulting, catering and accommodation services. In addition, it operates hotel; and offers 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$275.11m
Earnings (TTM)HK$6.63m
Revenue (TTM)HK$148.82m

41.5x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
42 income statement (TTM)
RevenueCN¥138.83m
Cost of RevenueCN¥81.47m
Gross ProfitCN¥57.36m
Other ExpensesCN¥51.18m
EarningsCN¥6.18m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.0071
Gross Margin41.32%
Net Profit Margin4.45%
Debt/Equity Ratio0%

How did 42 perform over the long term?

See historical performance and comparison