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Shenghong Co. Shares Close 2.22% Lower with Market Capitalization of 11.663 Billion Yuan

Shenghong

Shenghong Co., Ltd. closed at 37.49 CNY on March 21, 2025, marking a decline of 2.22%. The company’s rolling price-to-earnings (PE) ratio stands at 27.39, with a total market capitalization of 11.663 billion CNY. Within the electric power equipment industry, the average PE ratio is 61.44, while the median is 46.90, placing Shenghong Co., Ltd. at 15th in the industry rankings.

Regarding capital flow, on March 21, Shenghong Co., Ltd. experienced a net outflow of 31.29 million CNY in primary capital, continuing a trend over the past five days, which saw a total outflow of 100.14 million CNY.

Shenghong Electric Co., Ltd. specializes in the research, development, production, sales, and service of power electronic devices. Its main products include power quality equipment (such as active filters and static reactive power generators), electric vehicle charging stations, new energy power conversion devices (including photovoltaic inverters and energy storage converters), along with battery formation and testing equipment.

As of June 30, 2024, the company holds a total of 247 authorized effective patents and software copyrights. It has been recognized as a national high-tech enterprise, as well as a provincial engineering research center for new energy power battery testing and charging stations in Guangdong. Additionally, it has been designated as a “little giant” enterprise specializing in new technologies. Shenghong’s Interstellar charging pile won the 2022 German IF Design Award.

The company focuses on continuous technological innovation in its products to meet new customer demands, address customer pain points, enhance user experience, and promote sustainable development.

The latest financial report for the third quarter of 2024 shows that Shenghong Co., Ltd. achieved an operating income of 2.095 billion CNY, a year-on-year increase of 20.91%, while net profits reached 271 million CNY, reflecting a year-on-year decrease of 0.93%. The gross sales margin was recorded at 40.17%.

Stock Name PE (TTM) PE (Static) Price-to-Book Ratio Market Capitalization (CNY)
Shenghong Co., Ltd. 27.39 27.39 7.03 11.663 billion
Industry Average 61.44 81.75 3.81 14.051 billion
Industry Median 46.90 46.78 3.06 8.574 billion