Suzhou Hengmingda Electronic Technology Co., Ltd. Logo

Suzhou Hengmingda Electronic Technology Co., Ltd.

002947.SZ

(3.0)
Stock Price

32,66 CNY

12.92% ROA

16.83% ROE

23.46x PER

Market Cap.

8.849.596.710,00 CNY

5.57% DER

1.38% Yield

16.77% NPM

Suzhou Hengmingda Electronic Technology Co., Ltd. Stock Analysis

Suzhou Hengmingda Electronic 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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (6%), which means it has a small amount of debt compared to the ownership it holds

2 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

3 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

4 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

5 ROE

ROE in an average range (12.38%) suggests satisfactory profitability and decent utilization of shareholders' equity.

6 ROA

The stock's ROA (8.9%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

7 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

8 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (578), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

9 PBV

The stock's elevated P/BV ratio (3.69x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

10 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Suzhou Hengmingda Electronic 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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Suzhou Hengmingda Electronic 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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Revenue
Year Revenue Growth
2014 307.513.061
2015 305.813.988 -0.56%
2016 318.491.916 3.98%
2017 449.391.456 29.13%
2018 500.650.252 10.24%
2019 584.920.985 14.41%
2020 643.623.742 9.12%
2021 1.130.169.487 43.05%
2022 1.547.759.171 26.98%
2023 2.151.881.452 28.07%
2023 1.818.262.223 -18.35%
2024 2.055.908.360 11.56%

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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2014 13.227.600
2015 14.891.422 11.17%
2016 17.227.742 13.56%
2017 23.700.143 27.31%
2018 25.620.200 7.49%
2019 30.144.433 15.01%
2020 37.719.723 20.08%
2021 55.143.356 31.6%
2022 71.189.077 22.54%
2023 91.127.694 21.88%
2023 85.455.984 -6.64%
2024 112.271.004 23.88%

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.

Suzhou Hengmingda Electronic Technology Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2014 21.745.156
2015 3.464.215 -527.71%
2016 8.181.585 57.66%
2017 17.366.710 52.89%
2018 12.958.355 -34.02%
2019 12.027.011 -7.74%
2020 29.166.519 58.76%
2021 102.047.156 71.42%
2022 26.979.849 -278.23%
2023 206.924.983 86.96%
2023 34.986.962 -491.43%
2024 -29.188.878 219.86%

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.

Suzhou Hengmingda Electronic Technology Co., Ltd. EBITDA
Year EBITDA Growth
2014 107.137.661
2015 78.916.458 -35.76%
2016 88.640.300 10.97%
2017 130.945.163 32.31%
2018 163.865.361 20.09%
2019 215.551.484 23.98%
2020 147.930.746 -45.71%
2021 119.424.085 -23.87%
2022 343.484.589 65.23%
2023 492.887.647 30.31%
2023 409.309.957 -20.42%
2024 407.345.840 -0.48%

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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Gross Profit
Year Gross Profit Growth
2014 131.330.838
2015 105.617.087 -24.35%
2016 127.013.437 16.85%
2017 211.191.904 39.86%
2018 245.319.401 13.91%
2019 292.052.362 16%
2020 247.327.067 -18.08%
2021 302.837.145 18.33%
2022 479.991.877 36.91%
2023 740.426.774 35.17%
2023 552.895.651 -33.92%
2024 622.647.328 11.2%

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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Net Profit
Year Net Profit Growth
2014 81.085.994
2015 61.185.176 -32.53%
2016 66.421.960 7.88%
2017 98.933.214 32.86%
2018 126.009.016 21.49%
2019 165.821.807 24.01%
2020 105.033.715 -57.87%
2021 31.264.033 -235.96%
2022 193.398.646 83.83%
2023 401.790.563 51.87%
2023 281.389.362 -42.79%
2024 373.784.860 24.72%

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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2014 1
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 0 0%
2021 0 0%
2022 1 0%
2023 2 100%
2023 1 0%
2024 2 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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2014 32.407.218
2015 76.626.671 57.71%
2016 -47.729.362 260.54%
2017 59.317.359 180.46%
2018 72.794.678 18.51%
2019 141.394.317 48.52%
2020 71.436.670 -97.93%
2021 -225.893.660 131.62%
2022 -9.694.002 -2230.24%
2023 33.218.954 129.18%
2023 50.721.253 34.51%
2024 154.223.583 67.11%

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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2014 46.235.200
2015 95.998.572 51.84%
2016 6.312.561 -1420.75%
2017 92.268.183 93.16%
2018 131.206.677 29.68%
2019 170.185.126 22.9%
2020 142.958.182 -19.05%
2021 -44.800.538 419.1%
2022 102.582.189 143.67%
2023 69.320.208 -47.98%
2023 267.182.334 74.06%
2024 166.000.200 -60.95%

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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2014 13.827.982
2015 19.371.901 28.62%
2016 54.041.923 64.15%
2017 32.950.823 -64.01%
2018 58.411.998 43.59%
2019 28.790.809 -102.88%
2020 71.521.511 59.75%
2021 181.093.122 60.51%
2022 112.276.191 -61.29%
2023 36.101.254 -211%
2023 216.461.081 83.32%
2024 11.776.617 -1738.06%

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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Equity
Year Equity Growth
2014 208.883.664
2015 202.527.038 -3.14%
2016 180.759.448 -12.04%
2017 422.911.461 57.26%
2018 548.920.477 22.96%
2019 1.216.710.983 54.88%
2020 1.281.397.610 5.05%
2021 1.722.747.525 25.62%
2022 1.865.163.688 7.64%
2023 2.103.468.858 11.33%
2023 2.005.106.662 -4.91%
2024 2.127.999.810 5.78%

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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Assets
Year Assets Growth
2014 293.585.970
2015 392.000.248 25.11%
2016 441.754.907 11.26%
2017 528.214.459 16.37%
2018 648.479.351 18.55%
2019 1.355.954.261 52.18%
2020 1.660.543.910 18.34%
2021 2.195.187.015 24.36%
2022 2.490.190.674 11.85%
2023 2.802.455.359 11.14%
2023 2.795.554.306 -0.25%
2024 2.851.446.362 1.96%

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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Liabilities
Year Liabilities Growth
2014 84.702.305
2015 189.473.209 55.3%
2016 260.995.458 27.4%
2017 105.302.997 -147.85%
2018 99.558.873 -5.77%
2019 139.243.277 28.5%
2020 379.146.300 63.27%
2021 472.439.489 19.75%
2022 625.026.985 24.41%
2023 698.986.500 10.58%
2023 790.447.645 11.57%
2024 721.572.202 -9.55%

Suzhou Hengmingda Electronic Technology Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
9.19
Net Income per Share
1.54
Price to Earning Ratio
23.46x
Price To Sales Ratio
4.23x
POCF Ratio
24.19
PFCF Ratio
54.22
Price to Book Ratio
3.89
EV to Sales
3.99
EV Over EBITDA
21.29
EV to Operating CashFlow
24.56
EV to FreeCashFlow
51.17
Earnings Yield
0.04
FreeCashFlow Yield
0.02
Market Cap
8,85 Bil.
Enterprise Value
8,35 Bil.
Graham Number
17.95
Graham NetNet
4.69

Income Statement Metrics

Net Income per Share
1.54
Income Quality
0.97
ROE
0.17
Return On Assets
0.12
Return On Capital Employed
0.17
Net Income per EBT
0.88
EBT Per Ebit
1.05
Ebit per Revenue
0.18
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.31
Operating Profit Margin
0.18
Pretax Profit Margin
0.19
Net Profit Margin
0.17

Dividends

Dividend Yield
0.01
Dividend Yield %
1.38
Payout Ratio
0.53
Dividend Per Share
0.5

Operating Metrics

Operating Cashflow per Share
1.49
Free CashFlow per Share
0.72
Capex to Operating CashFlow
0.52
Capex to Revenue
0.08
Capex to Depreciation
10.67
Return on Invested Capital
0.15
Return on Tangible Assets
0.13
Days Sales Outstanding
125.52
Days Payables Outstanding
121.1
Days of Inventory on Hand
76.49
Receivables Turnover
2.91
Payables Turnover
3.01
Inventory Turnover
4.77
Capex per Share
0.78

Balance Sheet

Cash per Share
4,83
Book Value per Share
9,36
Tangible Book Value per Share
8.75
Shareholders Equity per Share
9.3
Interest Debt per Share
0.53
Debt to Equity
0.06
Debt to Assets
0.04
Net Debt to EBITDA
-1.27
Current Ratio
3.34
Tangible Asset Value
1,99 Bil.
Net Current Asset Value
1,41 Bil.
Invested Capital
2164874180
Working Capital
1,49 Bil.
Intangibles to Total Assets
0.05
Average Receivables
0,71 Bil.
Average Payables
0,44 Bil.
Average Inventory
245730832.5
Debt to Market Cap
0.01

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.

Suzhou Hengmingda Electronic Technology Co., Ltd. Dividends
Year Dividends Growth
2019 0
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 1 0%

Suzhou Hengmingda Electronic Technology Co., Ltd. Profile

About Suzhou Hengmingda Electronic Technology Co., Ltd.

Suzhou Hengmingda Electronic Technology Co., Ltd. primarily engages in the design, research and development, production, and sale of consumer electronic functional devices. The company's principal products are precision functional devices for consumer electronics products. Its products are used in mobile phones, tablet and notebook computers, smart wearable devices, and other consumer electronic products and components. The company was founded in 2011 and is based in Kunshan, China.

CEO
Mr. Tianping Jing
Employee
1.848
Address
1568#, Taki Road
Kunshan,

Suzhou Hengmingda Electronic Technology Co., Ltd. Executives & BODs

Suzhou Hengmingda Electronic Technology Co., Ltd. Executives & BODs
# Name Age
1 Ms. Jingping Jing
Deputy GM, Secretary & Vice Chairman
70
2 Ms. Chen Xia
Deputy GM & Vice Chairman
70
3 Mr. Jiang Jing
Deputy General Manager
70
4 Mr. Tianping Jing
GM & Non-Independent Director
70
5 Mr. Zhixing Wu
Chief Financial Officer & Director
70
6 Mr. Jun Qi
Deputy GM & Director
70

Suzhou Hengmingda Electronic Technology Co., Ltd. Competitors