HiVi Acoustics Technology Co., Ltd Logo

HiVi Acoustics Technology Co., Ltd

002888.SZ

(0.5)
Stock Price

18,20 CNY

-1.37% ROA

-1.51% ROE

-444.13x PER

Market Cap.

2.621.811.637,00 CNY

0.43% DER

0.38% Yield

-2.72% NPM

HiVi Acoustics Technology Co., Ltd Stock Analysis

HiVi Acoustics Technology Co., Ltd 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.

HiVi Acoustics Technology Co., Ltd Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 ROE

The stock's ROE indicates a negative return (-3.99%) on shareholders' equity, suggesting poor financial performance.

3 ROA

The stock's ROA (-3.61%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

4 PBV

The stock's high Price-to-Book Value (P/BV) ratio (6.41x) suggests it's overvalued, potentially making it an expensive investment.

5 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

6 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

7 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-84) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

HiVi Acoustics Technology Co., Ltd 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.

HiVi Acoustics Technology Co., Ltd Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

HiVi Acoustics Technology Co., Ltd 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.

HiVi Acoustics Technology Co., Ltd Revenue
Year Revenue Growth
2012 192.672.674
2013 224.159.804 14.05%
2014 228.825.657 2.04%
2015 244.952.903 6.58%
2016 243.484.998 -0.6%
2017 263.855.357 7.72%
2018 266.619.585 1.04%
2019 274.816.055 2.98%
2020 265.579.263 -3.48%
2021 289.474.305 8.25%
2022 226.282.589 -27.93%
2023 232.389.547 2.63%
2023 222.985.762 -4.22%
2024 207.148.476 -7.65%

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.

HiVi Acoustics Technology Co., Ltd Research and Development Expenses
Year Research and Development Expenses Growth
2012 0
2013 0 0%
2014 10.257.631 100%
2015 13.044.253 21.36%
2016 13.383.779 2.54%
2017 15.105.111 11.4%
2018 21.452.865 29.59%
2019 21.799.347 1.59%
2020 21.273.970 -2.47%
2021 19.330.729 -10.05%
2022 18.881.752 -2.38%
2023 19.726.720 4.28%
2023 19.891.496 0.83%
2024 19.649.400 -1.23%

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.

HiVi Acoustics Technology Co., Ltd General and Administrative Expenses
Year General and Administrative Expenses Growth
2012 25.533.188
2013 31.398.058 18.68%
2014 4.719.639 -565.26%
2015 4.377.492 -7.82%
2016 3.419.657 -28.01%
2017 6.489.907 47.31%
2018 7.196.493 9.82%
2019 6.388.602 -12.65%
2020 6.542.828 2.36%
2021 4.872.440 -34.28%
2022 5.947.655 18.08%
2023 67.693.206 91.21%
2023 4.872.035 -1289.42%
2024 -17.055.934 128.57%

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.

HiVi Acoustics Technology Co., Ltd EBITDA
Year EBITDA Growth
2012 42.910.308
2013 52.574.442 18.38%
2014 52.155.491 -0.8%
2015 52.292.193 0.26%
2016 48.600.021 -7.6%
2017 47.949.429 -1.36%
2018 34.305.089 -39.77%
2019 36.883.622 6.99%
2020 51.443.134 28.3%
2021 45.072.907 -14.13%
2022 22.712.916 -98.45%
2023 18.364.758 -23.68%
2023 17.699.458 -3.76%
2024 11.246.640 -57.38%

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.

HiVi Acoustics Technology Co., Ltd Gross Profit
Year Gross Profit Growth
2012 73.829.932
2013 86.070.900 14.22%
2014 88.926.860 3.21%
2015 95.945.687 7.32%
2016 92.553.747 -3.66%
2017 101.111.929 8.46%
2018 96.114.606 -5.2%
2019 100.153.877 4.03%
2020 98.932.729 -1.23%
2021 107.032.276 7.57%
2022 71.026.924 -50.69%
2023 77.591.319 8.46%
2023 76.549.641 -1.36%
2024 56.144.300 -36.34%

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.

HiVi Acoustics Technology Co., Ltd Net Profit
Year Net Profit Growth
2012 26.504.472
2013 31.603.347 16.13%
2014 34.092.757 7.3%
2015 33.405.861 -2.06%
2016 37.044.594 9.82%
2017 33.611.727 -10.21%
2018 28.226.111 -19.08%
2019 26.160.244 -7.9%
2020 30.633.509 14.6%
2021 25.954.602 -18.03%
2022 -14.626.728 277.45%
2023 13.669.903 207%
2023 -5.506.480 348.25%
2024 2.625.360 309.74%

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.

HiVi Acoustics Technology Co., Ltd Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2012 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%
2023 0 0%
2024 0 0%

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.

HiVi Acoustics Technology Co., Ltd Free Cashflow
Year Free Cashflow Growth
2012 8.052.194
2013 18.344.901 56.11%
2014 33.207.235 44.76%
2015 37.937.339 12.47%
2016 31.325.603 -21.11%
2017 -10.945.299 386.2%
2018 -1.699.129 -544.17%
2019 59.545.278 102.85%
2020 26.252.617 -126.82%
2021 -82.801.889 131.71%
2022 15.235.887 643.47%
2023 -5.893.359 358.53%
2023 26.335.991 122.38%
2024 -1.066.994 2568.24%

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.

HiVi Acoustics Technology Co., Ltd Operating Cashflow
Year Operating Cashflow Growth
2012 31.071.600
2013 28.262.300 -9.94%
2014 41.404.228 31.74%
2015 61.011.249 32.14%
2016 62.226.266 1.95%
2017 11.702.620 -431.73%
2018 13.058.374 10.38%
2019 65.917.253 80.19%
2020 33.721.228 -95.48%
2021 -19.036.179 277.14%
2022 20.265.223 193.94%
2023 0 0%
2023 47.467.498 100%
2024 3.342.677 -1320.04%

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.

HiVi Acoustics Technology Co., Ltd Capital Expenditure
Year Capital Expenditure Growth
2012 23.019.406
2013 9.917.398 -132.11%
2014 8.196.992 -20.99%
2015 23.073.909 64.48%
2016 30.900.662 25.33%
2017 22.647.919 -36.44%
2018 14.757.503 -53.47%
2019 6.371.974 -131.6%
2020 7.468.611 14.68%
2021 63.765.710 88.29%
2022 5.029.335 -1167.88%
2023 5.893.359 14.66%
2023 21.131.507 72.11%
2024 4.409.671 -379.21%

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.

HiVi Acoustics Technology Co., Ltd Equity
Year Equity Growth
2012 110.446.174
2013 136.934.832 19.34%
2014 185.462.090 26.17%
2015 218.869.407 15.26%
2016 245.998.599 11.03%
2017 433.625.820 43.27%
2018 445.250.158 2.61%
2019 421.543.323 -5.62%
2020 427.284.949 1.34%
2021 432.906.094 1.3%
2022 398.404.014 -8.66%
2023 399.492.262 0.27%
2023 392.835.701 -1.69%
2024 380.199.610 -3.32%

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.

HiVi Acoustics Technology Co., Ltd Assets
Year Assets Growth
2012 191.956.443
2013 221.833.305 13.47%
2014 236.139.872 6.06%
2015 257.035.925 8.13%
2016 298.308.737 13.84%
2017 484.469.584 38.43%
2018 489.278.819 0.98%
2019 472.099.906 -3.64%
2020 497.514.556 5.11%
2021 484.013.719 -2.79%
2022 467.232.254 -3.59%
2023 448.774.266 -4.11%
2023 456.720.317 1.74%
2024 433.819.045 -5.28%

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.

HiVi Acoustics Technology Co., Ltd Liabilities
Year Liabilities Growth
2012 81.510.268
2013 84.898.472 3.99%
2014 50.677.781 -67.53%
2015 38.166.518 -32.78%
2016 52.310.138 27.04%
2017 50.843.763 -2.88%
2018 44.028.661 -15.48%
2019 50.556.583 12.91%
2020 70.229.607 28.01%
2021 51.107.624 -37.42%
2022 68.828.239 25.75%
2023 49.282.004 -39.66%
2023 63.884.616 22.86%
2024 50.719.746 -25.96%

HiVi Acoustics Technology Co., Ltd Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.48
Net Income per Share
-0.04
Price to Earning Ratio
-444.13x
Price To Sales Ratio
12.07x
POCF Ratio
47.07
PFCF Ratio
76.66
Price to Book Ratio
6.9
EV to Sales
11.94
EV Over EBITDA
365.68
EV to Operating CashFlow
46.59
EV to FreeCashFlow
75.86
Earnings Yield
-0
FreeCashFlow Yield
0.01
Market Cap
2,62 Bil.
Enterprise Value
2,59 Bil.
Graham Number
1.53
Graham NetNet
1.14

Income Statement Metrics

Net Income per Share
-0.04
Income Quality
-9.43
ROE
-0.02
Return On Assets
-0.01
Return On Capital Employed
-0.02
Net Income per EBT
0.72
EBT Per Ebit
0.88
Ebit per Revenue
-0.04
Effective Tax Rate
0.28

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.09
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.34
Operating Profit Margin
-0.04
Pretax Profit Margin
-0.04
Net Profit Margin
-0.03

Dividends

Dividend Yield
0
Dividend Yield %
0.38
Payout Ratio
-1.69
Dividend Per Share
0.07

Operating Metrics

Operating Cashflow per Share
0.38
Free CashFlow per Share
0.23
Capex to Operating CashFlow
0.39
Capex to Revenue
0.1
Capex to Depreciation
1.5
Return on Invested Capital
-0.02
Return on Tangible Assets
-0.01
Days Sales Outstanding
12.9
Days Payables Outstanding
66.22
Days of Inventory on Hand
213.25
Receivables Turnover
28.29
Payables Turnover
5.51
Inventory Turnover
1.71
Capex per Share
0.15

Balance Sheet

Cash per Share
1,16
Book Value per Share
2,61
Tangible Book Value per Share
2.57
Shareholders Equity per Share
2.59
Interest Debt per Share
0.01
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
-3.82
Current Ratio
5.34
Tangible Asset Value
0,38 Bil.
Net Current Asset Value
0,21 Bil.
Invested Capital
373044038
Working Capital
0,21 Bil.
Intangibles to Total Assets
0.01
Average Receivables
0,01 Bil.
Average Payables
0,03 Bil.
Average Inventory
85699280.5
Debt to Market Cap
0

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.

HiVi Acoustics Technology Co., Ltd Dividends
Year Dividends Growth
2018 0
2019 0 0%
2020 0 0%
2021 0 0%
2024 0 0%

HiVi Acoustics Technology Co., Ltd Profile

About HiVi Acoustics Technology Co., Ltd

HiVi Acoustics Technology Co., Ltd designs, manufactures, and sells electro-acoustic and audio-electrical products worldwide. It offers home theaters, smart speakers, pro-audio and car audio products, public audio systems, multimedia speakers, and speaker drivers, as well as DIY kits. The company was formerly known as Guangzhou du xi electric co., ltd. HiVi Acoustics Technology Co., Ltd was founded in 1991 and is based in Guangzhou, China.

CEO
Mr. Junjie Yao
Employee
672
Address
13 Sansha Road
Guangzhou, 511453

HiVi Acoustics Technology Co., Ltd Executives & BODs

HiVi Acoustics Technology Co., Ltd Executives & BODs
# Name Age
1 Mr. Huanxin Chen
Deputy General Manager
70
2 Mr. Xiaokang Zhang
Board Secretary
70
3 Ms. Danhong Chen
Financial Director & Accounting Supervisor
70
4 Mr. Junjie Yao
GM & Director
70
5 Mr. Hongyuan Yao
Deputy GM & Director
70

HiVi Acoustics Technology Co., Ltd Competitors