301008.SHE Zhejiang Hongchang Electrical Technology Co. Ltd.
- Market cap
- CNY 4.27B
- P/E
- 52.6x
- P/B
- 2.67x
- ROE
- 6.2%
- Dividend yield
- 0.30%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 301008.SHE undervalued?
Graham number301008.SHE trades 150.0% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Zhejiang Hongchang Electrical Technology Co. Ltd. fundamental analysis
No fundamental analysis for Zhejiang Hongchang Electrical Technology Co. Ltd. yet.
Zhejiang Hongchang Electrical Technology Co. Ltd. stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Zhejiang Hongchang Electrical Technology Co. Ltd.
Zhejiang Hongchang Electrical Technology Co., Ltd. engages in research, development, production, and sale of fluid solenoid valves, sensors, and other electrical accessories in China. The company offers valves for washing machines, dishwashers, toilets, water purifiers; and machine water level sensor. It also offers modular component, door lock for washing machine; high and low pressure switch for water purifiers; dispenser and auto dosing; and electronic water pump. The com…
Full company profileZhejiang Hongchang Electrical Technology Co. Ltd. financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Zhejiang Hongchang Electrical Technology Co. Ltd. annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 316M | 385M | 506M | 577M | 768M | 826M | 885M | 1.03B | 1.15B | 1.15B |
| Gross Profit | 81.8M | 100M | 150M | 152M | 144M | 147M | 172M | 166M | 151M | 143M |
| Operating Income | 31.2M | 31.7M | 78.4M | 93.3M | 73.2M | 72.0M | 95.8M | 56.9M | 32.4M | 18.4M |
| EBITDA | 65.0M | 84.0M | 100M | 118M | 104M | 109M | 143M | 122M | 107M | 94.7M |
| Net Income | 24.8M | 25.1M | 68.5M | 81.9M | 68.0M | 67.3M | 85.9M | 52.5M | 32.8M | 98.5M |
| EPS | 0.22 | 0.22 | 0.82 | 0.98 | 0.70 | 0.60 | 0.77 | 0.47 | 0.25 | 0.75 |
| Balance Sheet | ||||||||||
| Total Assets | 469M | 462M | 597M | 692M | 1.38B | 1.50B | 2.02B | 2.05B | 2.24B | 2.40B |
| Total Liabilities | 269M | 218M | 282M | 309M | 419M | 475M | 885M | 921M | 728M | 770M |
| Shareholders' Equity | 200M | 245M | 315M | 382M | 957M | 1.03B | 1.13B | 1.12B | 1.51B | 1.60B |
| Cash & Short-term Investments | 38.3M | 9.11M | 28.8M | 47.0M | 551M | 464M | 875M | 778M | 596M | 478M |
| Total Debt | 91.0M | 50.0M | 41.1M | 30.5M | 39.6M | 71.5M | 447M | 377M | - | - |
| Cash Flow | ||||||||||
| Operating Cash Flow | -11.8M | 44.1M | 67.0M | 69.4M | 25.7M | 16.8M | 145M | 84.5M | 173M | - |
| Capital Expenditure | 21.8M | 22.7M | 22.9M | 27.9M | 73.2M | 109M | 149M | 119M | 75.7M | 42.4M |
| Free Cash Flow | -33.6M | 21.4M | 44.1M | 41.5M | -47.5M | -91.8M | -6.50M | -35.0M | 96.8M | -226M |
| Ratios | ||||||||||
| ROE | 12.4% | 10.3% | 21.7% | 21.4% | 7.1% | 6.6% | 7.6% | 4.7% | 2.2% | 6.2% |
| ROA | 5.3% | 5.4% | 11.5% | 11.8% | 4.9% | 4.5% | 4.2% | 2.6% | 1.5% | 4.1% |
| Net Profit Margin | 7.8% | 6.5% | 13.5% | 14.2% | 8.9% | 8.1% | 9.7% | 5.1% | 2.9% | 8.6% |
| Debt to Equity | 0.46x | 0.20x | 0.13x | 0.08x | 0.04x | 0.07x | 0.39x | 0.34x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Zhejiang Hongchang Electrical Technology Co. Ltd. dividends
- Dividend yield
- 0.30%
- Forward dividend
- 0.03 CNY
- Payout ratio
- 39.1%
- Ex-dividend date
- Jun 9, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 12.8M | 0.10 | 39.1% |
| 2024 | CNY 50.8M | 0.45 | 96.8% |
| 2023 | CNY 34.8M | 0.31 | 40.6% |
| 2022 | CNY 1.84M | 0.02 | 2.7% |
| 2021 | CNY 40.0M | 0.41 | 58.8% |
| 2020 | CNY 17.0M | 0.20 | 20.7% |
| 2019 | CNY 22.4M | 0.27 | 32.7% |
| 2018 | 5.70M | 0.05 | 22.7% |
| 2017 | 3.03M | 0.03 | 12.2% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.4:1 on Jun 20, 2024.
Who owns Zhejiang Hongchang Electrical Technology Co. Ltd.
- Insiders 56.60%
- Institutions 0.61%
- Public & others 42.80%
- Shares outstanding 131M
- Free float 57.6M
Zhejiang Hongchang Electrical Technology Co. Ltd. company profile
- Company name
- Zhejiang Hongchang Electrical Technology Co. Ltd.
- Ticker
- 301008.SHE
- ISIN
- CNE100004LK3
- Exchange
- Shenzhen Stock Exchange
- Sector
- Technology
- Industry
- Electronic Equipment, Instruments & Components
- Employees
- 1,447
- Fiscal year end
- December
- Address
- No. 788, Xinhong Road, Jinhua, China, 321017
- Phone
- 86 579 8227 1102
- Website
- hongchang.com.cn
About Zhejiang Hongchang Electrical Technology Co. Ltd.
Zhejiang Hongchang Electrical Technology Co., Ltd. engages in research, development, production, and sale of fluid solenoid valves, sensors, and other electrical accessories in China. The company offers valves for washing machines, dishwashers, toilets, water purifiers; and machine water level sensor. It also offers modular component, door lock for washing machine; high and low pressure switch for water purifiers; dispenser and auto dosing; and electronic water pump. The company was founded in 1996 and is based in Jinhua, China.
Zhejiang Hongchang Electrical Technology Co. Ltd. management
5- Mr. Can LuGM & Non-Independent Director · born 1984
- Ms. Jue TaoDeputy GM, Financial Director & Director · born 1977
- Mr. Yan SheDeputy GM, Secretary of the Board & Non-Independent Director · born 1984
- Mr. Hongping WuDeputy General Manager · born 1980
- Ms. Yueqin ShaoAccounting Supervisor