ShareValue scores for 603376.SHG: Valuation 26, Quality 59, Growth 50, Health 31.
603376.SHGSSE
Daming Electronics Co.,Ltd.
CN¥23.49
(-4.51%)
Updated
603376.SHGSSE
Daming Electronics Co.,Ltd.
Updated
Pulse
Pulse
Fundamental Rating
Value Trap Risk
If P/E met sector median
Rating
Trap Risk
P/E to median
vs Shanghai-listed Consumer Cyclical stocks
Company Details
Daming Electronics Co.,Ltd. engages in the production of automobile air-conditioning and acoustic systems. The company's products include air-conditioning control assy, power window switch, volume control switch series, combination switch series, steering wheel combination, door light control switch, instrument panel switch series, instrument of small switch, fog lamp switch series, electric rearview mirror switch, defrost switch series, trunk switch series, dimmer switch series, alarm switch series, console switch series, CD panel series, and vehicle power series. The company was founded in 1988 and is based in Yueqing, China.
Score Analysis
AI Investment Thesis
Daming Electronics Co.,Ltd. is overvalued: its P/E of 53.0 is higher than 77% of Shanghai-listed Consumer Cyclical peers and P/B of 5.49 higher than 89%.
Quality is the weak pillar: nine-month net profit fell 69.09% to CN¥59.6 million on revenue down 12.70%, leaving a 3.3% net margin despite operating cash flow rising 58.72% to CN¥318 million.
The decisive event was the 29 October third-quarter report, with Q3 revenue down 16.95% and net profit down 65.63%, confirming earnings deterioration rather than a one-off.