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
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
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Northeast Electric Development Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.28 |
| 52 Week High | HK$0.38 |
| 52 Week Low | HK$0.19 |
| Beta | 0.90 |
| 1 Month Change | 11.76% |
| 3 Month Change | -13.64% |
| 1 Year Change | 25.55% |
| 3 Year Change | -47.22% |
| 5 Year Change | -43.00% |
| Change since IPO | -84.43% |
Recent News & Updates
Recent updates
What Northeast Electric Development Company Limited's (HKG:42) 31% Share Price Gain Is Not Telling You
Oct 04
Some Confidence Is Lacking In Northeast Electric Development Company Limited's (HKG:42) P/S
Feb 01Northeast Electric Development Company Limited's (HKG:42) 45% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/E Ratio
Apr 04Shareholder Returns
| 42 | HK Electrical | HK Market | |
|---|---|---|---|
| 7D | 7.5% | 4.3% | 4.3% |
| 1Y | 25.6% | 39.6% | 28.1% |
Return vs Industry: 42 underperformed the Hong Kong Electrical industry which returned 39.6% over the past year.
Return vs Market: 42 underperformed the Hong Kong Market which returned 28.1% over the past year.
Price Volatility
| 42 volatility | |
|---|---|
| 42 Average Weekly Movement | 8.4% |
| Electrical Industry Average Movement | 8.4% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in HK Market | 13.8% |
| 10% least volatile stocks in HK Market | 3.0% |
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 (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 304 | n/a | 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. 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
| 42 fundamental statistics | |
|---|---|
| Market cap | HK$248.91m |
| Earnings (TTM) | HK$6.63m |
| Revenue (TTM) | HK$148.94m |
37.5x
P/E Ratio1.7x
P/S RatioIs 42 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 42 income statement (TTM) | |
|---|---|
| Revenue | CN¥138.83m |
| Cost of Revenue | CN¥81.47m |
| Gross Profit | CN¥57.36m |
| Other Expenses | CN¥51.18m |
| Earnings | CN¥6.18m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.0071 |
| Gross Margin | 41.32% |
| Net Profit Margin | 4.45% |
| Debt/Equity Ratio | 0% |
How did 42 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 13:46 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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.
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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.
| Analyst | Institution |
|---|---|
| Amruta Deshpande | Virtua Research Inc. |