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Hongbo Co Ltd
SZSE:002229

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Hongbo Co Ltd
SZSE:002229
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Price: 16.09 CNY -1.17% Market Closed
Market Cap: ¥8B

P/E

-54.8
Current
32%
Cheaper
vs 3-y average of -80.4

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-54.8
=
Market Cap
¥8.2B
/
Net Income
¥-145.8m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-54.8
=
Market Cap
¥8.2B
/
Net Income
¥-145.8m

Valuation Scenarios

Hongbo Co Ltd is trading above its industry average

If P/E returns to its Industry Average (25.1), the stock would be worth ¥-7.37 (146% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-154%
Maximum Upside
No Upside Scenarios
Average Downside
150%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -54.8 ¥16.09
0%
Industry Average 25.1 ¥-7.37
-146%
Country Average 29.6 ¥-8.71
-154%

Forward P/E
Today’s price vs future net income

Not enough data available to calculate forward P/E

Market Distribution

Lower than 100% of companies in China
Percentile
0th
Based on 5 557 companies
0th percentile
-54.8
Low
0 — 17.1
Typical Range
17.1 — 57.7
High
57.7 —
Distribution Statistics
China
Min 0
30th Percentile 17.1
Median 29.6
70th Percentile 57.7
Max 43 569.3

Hongbo Co Ltd
Glance View

In the bustling landscape of China's LED industry, Hongbo Co Ltd. has carved a niche for itself as an innovative leader, blending technology with creative design to illuminate the world. Originating as a modest enterprise, Hongbo's journey is a testament to its relentless pursuit of excellence in the field of LED lighting and products. The company thrives on its dynamic approach to manufacturing a wide range of LED lighting solutions, from residential lighting fixtures to intricate display screens, catering to an ever-evolving global demand. With a strong emphasis on research and development, Hongbo continually pushes the boundaries of what's possible in LED technology, ensuring they stay ahead of the curve in terms of energy efficiency and aesthetic appeal. The heartbeat of Hongbo's revenue model is its ability to harness the twin engines of production efficiency and market expansion. Their state-of-the-art manufacturing facilities are hubs of innovation, where streamlined processes and advanced machinery coalesce to produce high-quality LED products at scale. By focusing on both domestic markets and expanding their reach internationally, Hongbo ensures a steady stream of revenue. The company capitalizes on strategic partnerships and distribution channels, enhancing its market penetration. Moreover, its commitment to quality and customer satisfaction fosters brand loyalty, underpinning sustainable growth. As Hongbo continues to illuminate spaces across continents, its reputation as a luminary in the LED sphere keeps glowing ever brighter.

Intrinsic Value
6.35 CNY
Overvaluation 61%
Intrinsic Value
Price ¥16.09
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