Goertek Inc. Logo

Goertek Inc.

002241.SZ

(2.2)
Stock Price

24,50 CNY

2.71% ROA

6.13% ROE

43.66x PER

Market Cap.

82.584.644.070,00 CNY

56.94% DER

0.61% Yield

2.02% NPM

Goertek Inc. Stock Analysis

Goertek Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Goertek Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (46%), which means it has a small amount of debt compared to the ownership it holds

2 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

4 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

5 PBV

The stock's PBV ratio (2.18x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 ROE

The stock's ROE indicates a negative return (-3.95%) on shareholders' equity, suggesting poor financial performance.

7 ROA

The stock's ROA (-1.59%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

8 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

9 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

10 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-1.727) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Goertek Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Goertek Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Goertek Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Goertek Inc. Revenue
Year Revenue Growth
2005 102.940.251
2006 161.450.605 36.24%
2007 644.718.100 74.96%
2008 1.012.441.865 36.32%
2009 1.126.850.226 10.15%
2010 2.644.667.519 57.39%
2011 4.077.000.282 35.13%
2012 7.253.205.090 43.79%
2013 10.048.818.481 27.82%
2014 12.698.986.013 20.87%
2015 13.656.025.765 7.01%
2016 19.287.807.649 29.2%
2017 25.536.730.614 24.47%
2018 23.750.587.785 -7.52%
2019 35.147.806.427 32.43%
2020 57.742.742.893 39.13%
2021 78.221.418.618 26.18%
2022 104.894.324.162 25.43%
2023 115.100.999.204 8.87%
2023 98.329.857.430 -17.06%
2024 83.997.065.476 -17.06%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Goertek Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 279.000.900 100%
2013 457.045.300 38.96%
2014 618.377.974 26.09%
2015 770.548.194 19.75%
2016 1.023.678.507 24.73%
2017 1.232.642.043 16.95%
2018 1.334.266.411 7.62%
2019 1.806.796.550 26.15%
2020 3.425.971.011 47.26%
2021 4.170.074.282 17.84%
2022 5.226.525.154 20.21%
2023 5.199.898.893 -0.51%
2023 3.808.465.409 -36.54%
2024 3.792.201.656 -0.43%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Goertek Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 16.690.396
2006 17.028.919 1.99%
2007 55.546.642 69.34%
2008 92.684.481 40.07%
2009 92.952.954 0.29%
2010 210.719.248 55.89%
2011 291.181.771 27.63%
2012 490.060.823 40.58%
2013 722.256.859 32.15%
2014 202.638.497 -256.43%
2015 114.200.741 -77.44%
2016 121.420.768 5.95%
2017 142.888.565 15.02%
2018 159.337.992 10.32%
2019 166.018.694 4.02%
2020 527.444.602 68.52%
2021 827.192.651 36.24%
2022 906.204.404 8.72%
2023 5.046.854.237 82.04%
2023 582.253.024 -766.78%
2024 -577.191.230 200.88%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Goertek Inc. EBITDA
Year EBITDA Growth
2005 24.406.176
2006 41.587.641 41.31%
2007 126.635.119 67.16%
2008 204.039.272 37.94%
2009 180.552.410 -13.01%
2010 467.940.462 61.42%
2011 872.639.799 46.38%
2012 1.440.059.894 39.4%
2013 2.110.718.724 31.77%
2014 2.653.587.854 20.46%
2015 2.470.073.001 -7.43%
2016 3.167.565.145 22.02%
2017 4.101.664.574 22.77%
2018 3.046.653.083 -34.63%
2019 3.925.450.181 22.39%
2020 5.735.155.634 31.55%
2021 7.995.547.991 28.27%
2022 7.139.478.051 -11.99%
2023 2.309.165.220 -209.18%
2023 4.949.438.510 53.34%
2024 7.628.220.240 35.12%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Goertek Inc. Gross Profit
Year Gross Profit Growth
2005 38.942.400
2006 57.490.669 32.26%
2007 182.194.958 68.45%
2008 291.798.511 37.56%
2009 264.182.012 -10.45%
2010 667.656.767 60.43%
2011 1.144.402.669 41.66%
2012 1.870.322.640 38.81%
2013 2.698.681.838 30.69%
2014 3.483.447.933 22.53%
2015 3.399.880.806 -2.46%
2016 4.318.747.451 21.28%
2017 5.619.546.716 23.15%
2018 4.468.668.382 -25.75%
2019 5.422.030.636 17.58%
2020 9.258.937.482 41.44%
2021 11.053.751.959 16.24%
2022 11.660.847.619 5.21%
2023 11.677.456.021 0.14%
2023 7.452.731.295 -56.69%
2024 9.887.837.216 24.63%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Goertek Inc. Net Profit
Year Net Profit Growth
2005 14.616.018
2006 28.604.977 48.9%
2007 77.072.815 62.89%
2008 122.623.252 37.15%
2009 99.876.278 -22.78%
2010 276.452.510 63.87%
2011 528.017.960 47.64%
2012 908.702.693 41.89%
2013 1.306.626.480 30.45%
2014 1.657.388.259 21.16%
2015 1.251.142.078 -32.47%
2016 1.651.496.619 24.24%
2017 2.139.226.164 22.8%
2018 867.722.661 -146.53%
2019 1.280.542.212 32.24%
2020 2.848.007.269 55.04%
2021 4.274.702.999 33.38%
2022 1.749.181.131 -144.38%
2023 1.881.348.849 7.03%
2023 1.088.076.730 -72.91%
2024 3.382.104.916 67.83%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Goertek Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 1 0%
2015 0 0%
2016 1 0%
2017 1 0%
2018 0 0%
2019 0 0%
2020 1 0%
2021 1 100%
2022 1 0%
2023 1 0%
2023 0 0%
2024 1 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Goertek Inc. Free Cashflow
Year Free Cashflow Growth
2005 11.359.688
2006 73.275.227 84.5%
2007 -79.325.101 192.37%
2008 -204.237.101 61.16%
2009 -178.171.862 -14.63%
2010 -521.421.623 65.83%
2011 -905.536.615 42.42%
2012 -1.473.754.202 38.56%
2013 -131.385.484 -1021.7%
2014 -180.364.177 27.16%
2015 373.134.934 148.34%
2016 -1.070.984.418 134.84%
2017 -15.331.295 -6885.61%
2018 -1.963.491.309 99.22%
2019 2.273.963.588 186.35%
2020 2.082.986.635 -9.17%
2021 1.636.867.781 -27.25%
2022 227.006.057 -621.07%
2023 1.256.959.862 81.94%
2023 -405.688.492 409.83%
2024 -48.031.006 -744.64%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Goertek Inc. Operating Cashflow
Year Operating Cashflow Growth
2005 22.843.164
2006 83.103.322 72.51%
2007 33.865.136 -145.39%
2008 53.585.429 36.8%
2009 67.926.930 21.11%
2010 321.385.206 78.86%
2011 557.393.877 42.34%
2012 557.811.069 0.07%
2013 846.408.907 34.1%
2014 1.164.874.983 27.34%
2015 2.409.073.442 51.65%
2016 2.269.218.472 -6.16%
2017 3.530.997.034 35.73%
2018 2.276.407.971 -55.11%
2019 5.451.430.414 58.24%
2020 7.682.256.113 29.04%
2021 8.598.475.527 10.66%
2022 8.317.113.364 -3.38%
2023 8.206.751.070 -1.34%
2023 1.299.068.883 -531.74%
2024 962.330.318 -34.99%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Goertek Inc. Capital Expenditure
Year Capital Expenditure Growth
2005 11.483.476
2006 9.828.094 -16.84%
2007 113.190.237 91.32%
2008 257.822.530 56.1%
2009 246.098.792 -4.76%
2010 842.806.829 70.8%
2011 1.462.930.492 42.39%
2012 2.031.565.271 27.99%
2013 977.794.391 -107.77%
2014 1.345.239.160 27.31%
2015 2.035.938.508 33.93%
2016 3.340.202.890 39.05%
2017 3.546.328.329 5.81%
2018 4.239.899.280 16.36%
2019 3.177.466.825 -33.44%
2020 5.599.269.477 43.25%
2021 6.961.607.746 19.57%
2022 8.090.107.306 13.95%
2023 6.949.791.208 -16.41%
2023 1.704.757.376 -307.67%
2024 1.010.361.324 -68.73%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Goertek Inc. Equity
Year Equity Growth
2005 75.507.031
2006 144.805.629 47.86%
2007 182.340.156 20.58%
2008 874.589.586 79.15%
2009 936.883.141 6.65%
2010 1.709.642.863 45.2%
2011 2.173.111.052 21.33%
2012 5.231.279.246 58.46%
2013 6.418.803.925 18.5%
2014 8.522.001.681 24.68%
2015 9.496.972.324 10.27%
2016 10.848.432.153 12.46%
2017 14.917.472.495 27.28%
2018 15.189.746.340 1.79%
2019 16.129.204.998 5.82%
2020 19.733.670.787 18.27%
2021 27.931.388.707 29.35%
2022 30.257.824.953 7.69%
2023 31.527.564.315 4.03%
2023 31.429.100.658 -0.31%
2024 31.861.291.867 1.36%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Goertek Inc. Assets
Year Assets Growth
2005 180.671.937
2006 574.554.356 68.55%
2007 656.109.990 12.43%
2008 1.426.906.138 54.02%
2009 1.810.414.567 21.18%
2010 3.283.306.891 44.86%
2011 5.568.397.057 41.04%
2012 9.381.804.651 40.65%
2013 12.596.399.267 25.52%
2014 17.757.736.753 29.07%
2015 19.247.946.022 7.74%
2016 22.912.092.546 15.99%
2017 26.570.592.215 13.77%
2018 29.742.455.325 10.66%
2019 34.660.304.627 14.19%
2020 49.117.826.313 29.43%
2021 61.079.051.133 19.58%
2022 77.176.355.467 20.86%
2023 73.744.409.441 -4.65%
2023 78.372.316.229 5.91%
2024 73.817.246.633 -6.17%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Goertek Inc. Liabilities
Year Liabilities Growth
2005 105.164.906
2006 429.748.725 75.53%
2007 473.769.833 9.29%
2008 552.316.550 14.22%
2009 873.531.425 36.77%
2010 1.573.664.026 44.49%
2011 3.395.286.004 53.65%
2012 4.150.525.403 18.2%
2013 6.177.595.341 32.81%
2014 9.235.735.071 33.11%
2015 9.750.973.696 5.28%
2016 12.063.660.392 19.17%
2017 11.653.119.719 -3.52%
2018 14.552.708.984 19.92%
2019 18.531.099.628 21.47%
2020 29.384.155.525 36.94%
2021 33.147.662.425 11.35%
2022 46.918.530.513 29.35%
2023 41.697.760.467 -12.52%
2023 46.943.215.571 11.17%
2024 41.401.015.354 -13.39%

Goertek Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
27.7
Net Income per Share
0.56
Price to Earning Ratio
43.66x
Price To Sales Ratio
0.88x
POCF Ratio
9.64
PFCF Ratio
24.68
Price to Book Ratio
2.65
EV to Sales
0.91
EV Over EBITDA
20.66
EV to Operating CashFlow
9.97
EV to FreeCashFlow
25.51
Earnings Yield
0.02
FreeCashFlow Yield
0.04
Market Cap
82,58 Bil.
Enterprise Value
85,35 Bil.
Graham Number
10.78
Graham NetNet
-2.66

Income Statement Metrics

Net Income per Share
0.56
Income Quality
4.53
ROE
0.06
Return On Assets
0.03
Return On Capital Employed
0.05
Net Income per EBT
1.05
EBT Per Ebit
0.99
Ebit per Revenue
0.02
Effective Tax Rate
-0.01

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.1
Operating Profit Margin
0.02
Pretax Profit Margin
0.02
Net Profit Margin
0.02

Dividends

Dividend Yield
0.01
Dividend Yield %
0.61
Payout Ratio
0.55
Dividend Per Share
0.15

Operating Metrics

Operating Cashflow per Share
2.54
Free CashFlow per Share
0.99
Capex to Operating CashFlow
0.61
Capex to Revenue
0.06
Capex to Depreciation
4.39
Return on Invested Capital
0.04
Return on Tangible Assets
0.03
Days Sales Outstanding
45.81
Days Payables Outstanding
75.73
Days of Inventory on Hand
51.52
Receivables Turnover
7.97
Payables Turnover
4.82
Inventory Turnover
7.08
Capex per Share
1.54

Balance Sheet

Cash per Share
5,23
Book Value per Share
9,60
Tangible Book Value per Share
8.41
Shareholders Equity per Share
9.23
Interest Debt per Share
5.43
Debt to Equity
0.57
Debt to Assets
0.24
Net Debt to EBITDA
0.67
Current Ratio
1.17
Tangible Asset Value
28,42 Bil.
Net Current Asset Value
0,30 Bil.
Invested Capital
33819964593
Working Capital
6,14 Bil.
Intangibles to Total Assets
0.05
Average Receivables
9,61 Bil.
Average Payables
15,92 Bil.
Average Inventory
11811185225.5
Debt to Market Cap
0.21

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Goertek Inc. Dividends
Year Dividends Growth
2009 0
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Goertek Inc. Profile

About Goertek Inc.

Goertek Inc. researches, develops, produces, and sells electro-acoustic components, optical components, electronic accessories, and related products worldwide. The company offers smart wearable products, such as smart watches and bracelets; smart viewable products, including VR HMD and panorama cameras; smart viewable peripherals; smart audio products comprising ear and headphones; smart lamps; and smart robotics, voice-controlled speakers, and unmanned aerial vehicles. It also provides components consisting of sensors, microphones, speakers and receivers, loud speakers, linear vibration motors, antennas, and optical component modules, as well as game controllers and data gloves. Goertek Inc. was founded in 2001 and is headquartered in Weifang, the People's Republic of China.

CEO
Mr. Li Youbo
Employee
81.370
Address
No. 268 Dongfang Road
Weifang, 261031

Goertek Inc. Executives & BODs

Goertek Inc. Executives & BODs
# Name Age
1 Mr. Yu Dachao
Vice President
70
2 Mr. Yi Rao
Vice President
70
3 Mr. Xiaoguang Gao
Vice President
70
4 Mr. Hongzhai Jiang
Vice President
70
5 Mr. Huilu Duan
Vice President & Director
70
6 Mr. Chunfa Liu
Vice President
70
7 Mr. Li Youbo
President & Non-Independent Director
70
8 Mr. Dapeng Xu
Board Secretary
70
9 Mr. Yongzhi Li
Chief Financial Officer
70

Goertek Inc. Competitors