IPE Group (SEHK:929) - Stock Price, News & Analysis

929 Stock Overview

An investment holding company, engages in the manufacture and sale of precision metal components and assembled parts for use in automotive parts, hydraulic equipment, electronic equipment component, and other devices. More details

929 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	0/6

Rewards

Became profitable this year

Risk Analysis

Earnings have declined by 26.3% per year over past 5 years

Large one-off items impacting financial results

Does not have a meaningful market cap (HK$510M)

IPE Group Limited Competitors

Ruichang International Holdings

SEHK:1334

HK$450.0m

China PengFei Group

SEHK:3348

HK$550.0m

Asia Tele-Net and Technology

SEHK:679

HK$352.0m

Best Linking Group Holdings

SEHK:9882

HK$680.0m

Price History & Performance

Summary of all time highs, changes and price drops for IPE Group
Historical stock prices
Current Share Price	HK$0.48
52 Week High	HK$0.52
52 Week Low	HK$0.40
Beta	0.16
11 Month Change	-1.02%
3 Month Change	1.04%
1 Year Change	-3.00%
33 Year Change	-42.26%
5 Year Change	-39.38%
Change since IPO	-55.09%

IPE Group's (HKG:929) Returns On Capital Not Reflecting Well On The Business

Nov 14

IPE Group Limited's (HKG:929) Share Price Not Quite Adding Up

Sep 23

There May Be Underlying Issues With The Quality Of IPE Group's (HKG:929) Earnings

Sep 02

We Think IPE Group (HKG:929) Can Stay On Top Of Its Debt

May 13

Recent updates

IPE Group's (HKG:929) Returns On Capital Not Reflecting Well On The Business

Nov 14

IPE Group Limited's (HKG:929) Share Price Not Quite Adding Up

Sep 23

There May Be Underlying Issues With The Quality Of IPE Group's (HKG:929) Earnings

Sep 02

Shareholder Returns

	929	HK Machinery	HK Market
7D	1.0%	-0.09%	0.05%
1Y	-3.0%	4.8%	11.5%

Return vs Industry: 929 underperformed the Hong Kong Machinery industry which returned 3.7% over the past year.

Return vs Market: 929 underperformed the Hong Kong Market which returned 10.9% over the past year.

Price Volatility

Is 929's price volatile compared to industry and market?
929 volatility
929 Average Weekly Movement	8.8%
Machinery Industry Average Movement	7.9%
Market Average Movement	9.0%
10% most volatile stocks in HK Market	18.9%
10% least volatile stocks in HK Market	4.2%

Stable Share Price: 929 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 929's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1990	2,257	Guangsheng Zeng	www.ipegroup.com

IPE Group Limited, an investment holding company, engages in the manufacture and sale of precision metal components and assembled parts for use in automotive parts, hydraulic equipment, electronic equipment component, and other devices. The company also provides surface and deburring treatment services, as well as manufactures and trades in intelligent equipment. It serves information technology, fluid power, automotive, and electronic sectors.

IPE Group Limited Fundamentals Summary

How do IPE Group's earnings and revenue compare to its market cap?
929 fundamental statistics
Market cap	HK$510.34m
Earnings (TTM)	HK$9.29m
Revenue (TTM)	HK$981.12m

54.9x

P/E Ratio

0.5x

P/S Ratio

Is 929 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
929 income statement (TTM)
Revenue	HK$981.12m
Cost of Revenue	HK$717.32m
Gross Profit	HK$263.80m
Other Expenses	HK$254.51m
Earnings	HK$9.29m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.0088
Gross Margin	26.89%
Net Profit Margin	0.95%
Debt/Equity Ratio	15.6%

How did 929 perform over the long term?

See historical performance and comparison

929 Stock Overview

Rewards

Risk Analysis

IPE Group Limited Competitors

SEHK:1334

HK$450.0m

SEHK:3348

HK$550.0m

SEHK:679

HK$352.0m

SEHK:9882

HK$680.0m

Price History & Performance

Recent News & Updates

IPE Group's (HKG:929) Returns On Capital Not Reflecting Well On The Business

IPE Group Limited's (HKG:929) Share Price Not Quite Adding Up

There May Be Underlying Issues With The Quality Of IPE Group's (HKG:929) Earnings

First half 2024 earnings released: EPS: HK$0.002 (vs HK$0.001 loss in 1H 2023)

IPE Group Limited to Report First Half, 2024 Results on Aug 26, 2024

We Think IPE Group (HKG:929) Can Stay On Top Of Its Debt

Recent updates

IPE Group's (HKG:929) Returns On Capital Not Reflecting Well On The Business

IPE Group Limited's (HKG:929) Share Price Not Quite Adding Up

There May Be Underlying Issues With The Quality Of IPE Group's (HKG:929) Earnings

First half 2024 earnings released: EPS: HK$0.002 (vs HK$0.001 loss in 1H 2023)

IPE Group Limited to Report First Half, 2024 Results on Aug 26, 2024

We Think IPE Group (HKG:929) Can Stay On Top Of Its Debt

IPE Group Limited, Annual General Meeting, May 10, 2024

Full year 2023 earnings released: EPS: HK$0.005 (vs HK$0.008 in FY 2022)

IPE Group Limited to Report Fiscal Year 2023 Results on Mar 22, 2024

IPE Group Limited's (HKG:929) Share Price Not Quite Adding Up

Is IPE Group (HKG:929) Using Debt Sensibly?

First half 2023 earnings released: HK$0.001 loss per share (vs HK$0.011 profit in 1H 2022)

IPE Group Limited to Report First Half, 2023 Results on Aug 25, 2023

IPE Group's (HKG:929) Returns On Capital Not Reflecting Well On The Business

Full year 2022 earnings released

IPE Group Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022

IPE Group (HKG:929) Will Be Hoping To Turn Its Returns On Capital Around

Less than half of directors are independent

IPE Group Limited Appoints Zhu Jianbiao as an Independent Non-Executive Director of the Company and A Member of Each of the Board's Audit Committee, Remuneration Committee, Nomination Committee and ESG Committee

Ipe Group Limited Announces Resignation of Independent Non-Executive Director

First half 2022 earnings released: EPS: HK$0.011 (vs HK$0.029 in 1H 2021)

Is IPE Group (HKG:929) A Risky Investment?

IPE Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

IPE Group Limited to Report Fiscal Year 2021 Results on Mar 14, 2022

IPE Group Limited Provided Earnings Guidance for the Year Ended 31 December 2021

Insider recently sold HK$7.3m worth of stock

Executive Chairman & CEO recently bought HK$43m worth of stock

IPE Group (HKG:929) Has A Rock Solid Balance Sheet

Insufficient new directors

IPE Group (HKG:929) Will Be Looking To Turn Around Its Returns

Investor sentiment improved over the past week

IPE Group (HKG:929) Has A Rock Solid Balance Sheet

First half 2021 earnings released: EPS HK$0.029 (vs HK$0.003 in 1H 2020)

IPE Group Limited Provides Earnings Guidance for the Six Months Ended June 30, 2021

IPE Group Limited Provides Unaudited Earnings Guidance for the Half Year Ended June 30, 2021

These 4 Measures Indicate That IPE Group (HKG:929) Is Using Debt Safely

Full year 2020 earnings released: EPS HK$0.026 (vs HK$0.038 in FY 2019)

Full year 2020 earnings released: EPS HK$0.026 (vs HK$0.038 in FY 2019)

IPE Group Limited to Report Fiscal Year 2020 Results on Mar 26, 2021

We're Watching These Trends At IPE Group (HKG:929)

New 90-day low: HK$0.68

Should You Use IPE Group's (HKG:929) Statutory Earnings To Analyse It?

What Percentage Of IPE Group Limited (HKG:929) Shares Do Insiders Own?

New 90-day high: HK$0.76

IPE Group's (HKG:929) Stock Price Has Reduced 61% In The Past Three Years

The Returns At IPE Group (HKG:929) Provide Us With Signs Of What's To Come

First half earnings released

New 90-day high - HK$0.78

First half earnings released

New 90-day low - HK$0.64

IPE Group Limited to Report First Half, 2020 Results on Aug 24, 2020

Shareholder Returns

Price Volatility

About the Company

IPE Group Limited Fundamentals Summary

54.9x

0.5x