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Anhui Coreach Technology Co Ltd Class A 002983

Morningstar Rating
CNY 22.77 +0.54 (2.43%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

002983 is trading at a 22% discount.
Price
CNY 22.29
Fair Value
CNY 31.50
Uncertainty
Very High
1-Star Price
CNY 56.84
5-Star Price
CNY 99.32
Economic Moat
Bvpm
Capital Allocation
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Trading Information

Previous Close Price
CNY 22.23
Day Range
CNY 22.0022.81
52-Week Range
CNY 17.4335.64
Bid/Ask
CNY 22.77 / CNY 22.78
Market Cap
CNY 4.23 Bil
Volume/Avg
2.5 Mil / 2.8 Mil

Key Statistics

Price/Earnings (Normalized)
29.30
Price/Sales
3.74
Dividend Yield (Trailing)
1.09%
Dividend Yield (Forward)
1.09%
Total Yield
1.09%

Company Profile

Anhui Coreach Technology Co Ltd is engaged in research and development, production and sales of new display photoelectric systems and healthy intelligent light source systems. The company develops and promotes a series of technical schemes such as high light efficiency backlight module design, ultra-light and thin backlight module technology, high color gamut display technology, blue light reduction and eye protection display technology. Its products portfolio includes Side - in backlight, Straight Down Backlight, Miniled Backlight, Household Lighting, Commercial Lighting, Education Lighting, Backlight LED, Lighting LED, and Special LED.
Sector
Technology
Industry
Electronic Components
Stock Style Box
Small Growth
Total Number of Employees
1,036

Comparables

Valuation

Metric
002983
300219
300162
Price/Earnings (Normalized)
29.3033.60
Price/Book Value
3.231.722.29
Price/Sales
3.741.161.70
Price/Cash Flow
23.786.8314.58
Price/Earnings
002983
300219
300162

Financial Strength

Metric
002983
300219
300162
Quick Ratio
3.091.111.32
Current Ratio
3.541.481.88
Interest Coverage
119.367.81−8.77
Quick Ratio
002983
300219
300162

Profitability

Metric
002983
300219
300162
Return on Assets (Normalized)
8.71%−5.16%
Return on Equity (Normalized)
12.20%−9.95%
Return on Invested Capital (Normalized)
11.78%−7.61%
Return on Assets
002983
300219
300162
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