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Hangcha Group Co Ltd Class A 603298

Morningstar Rating
CNY 29.96 +0.49 (1.66%)
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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

603298 is trading within a range we consider fairly valued.
Price
CNY 29.99
Fair Value
CNY 26.52
Uncertainty
High
1-Star Price
CNY 71.78
5-Star Price
CNY 51.87
Economic Moat
Vpsmyz
Capital Allocation
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Trading Information

Previous Close Price
CNY 29.47
Day Range
CNY 29.2130.25
52-Week Range
CNY 18.5633.50
Bid/Ask
CNY 29.95 / CNY 29.96
Market Cap
CNY 28.03 Bil
Volume/Avg
8.3 Mil / 7.4 Mil

Key Statistics

Price/Earnings (Normalized)
16.25
Price/Sales
1.73
Dividend Yield (Trailing)
1.34%
Dividend Yield (Forward)
1.34%
Total Yield
1.34%

Company Profile

Hangcha Group Co Ltd is engaged in manufacturing of forklift truck. Its products include IC forklift truck, Electric forklift truck, warehouse equipment, tow tractors, side loading forklifts, explosion proof forklifts, empty container handlers and among others.
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Stock Style Box
Large Growth
Total Number of Employees
5,508

Comparables

Valuation

Metric
603298
002097
300022
Price/Earnings (Normalized)
16.2539.15135.33
Price/Book Value
3.121.883.70
Price/Sales
1.731.220.69
Price/Cash Flow
17.77117.00
Price/Earnings
603298
002097
300022

Financial Strength

Metric
603298
002097
300022
Quick Ratio
1.02
Current Ratio
1.44
Interest Coverage
0.86
Quick Ratio
603298
002097
300022

Profitability

Metric
603298
002097
300022
Return on Assets (Normalized)
12.15%0.92%0.71%
Return on Equity (Normalized)
21.03%4.24%3.27%
Return on Invested Capital (Normalized)
16.46%2.88%2.25%
Return on Assets
603298
002097
300022
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Farm & Heavy Construction Machinery Industry Comparables

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Capital Allocation
Economic Moat
Market Cap
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AGCO
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OSK
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TEX
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