YOLFTbeta
Guoguang Electric Co Ltd

Guoguang Electric Co Ltd

002045 · SHE · Technology / Electronic Components

10.21CNY-0.72 (-6.59%)

Price History

Full chart

Market Stats

Previous Close10.93
Open10.70
Day Range10.17 – 10.88
52-Week Range7.20 – 18.97
Volume64.13M
Market Cap4.82B
P/E (TTM)0.00
Forward P/E45.45
EPS-0.44
Dividend Yield0.17%
Beta0.38
50-Day Avg8.69
200-Day Avg10.97

About

Guoguang Electric Company Limited, together with its subsidiaries, engages in the audio and electroacoustic, and lithium battery businesses in Mainland China, Europe, the United States, and internationally. The company offers loudspeakers, bluetooth speakers, traditional headphones, computer peripheral audio, Wi-Fi speakers, soundbar, smart speakers, AI glasses, AI headphones, VR/AR products, car amplifiers, AVAS, car speakers, and subwoofers. It also provides lithium battery products for headphones, smart speakers, wearable devices, electronic cigarettes, drones, and other products. In addition, the company is involved in the rental of houses and buildings. Guoguang Electric Company Limited was founded in 1951 and is headquartered in Guangzhou, the People's Republic of China.

Company Details

  • SectorTechnology
  • IndustryElectronic Components
  • CEOMr. Hongda Lu
  • Employees13.31K
  • HeadquartersNo. 8, Jinghu Avenue, Guangzhou, China, 510800, China
  • Websitehttps://www.ggec.com.cn

Leadership

  • Mr. Hongda LuPresident & Chairman · b. 1971
  • Mr. Yushan WangCFO & Head of Accounting Department · b. 1986
  • Ms. Jie WangVP, Board Secretary & Non-Independent Director · b. 1992
  • Mr. Ya Min ZhengVice President · b. 1970
  • Mr. Shouhua XieVice President · b. 1974
  • Mr. Wen Tong HuangVice President · b. 1971
  • Mr. Wang DongVice President · b. 1989

Financials

Income Statement

Currency: CNY2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Total Revenue344.23M319.38M374.56M480.96M856.34M839.27M961.98M1.04B1.76B2.15B1.82B2.02B2.02B2.23B2.57B4.05B4.04B4.45B4.25B4.82B5.99B5.93B7.90B
Growth (%)--7.22%+17.28%+28.41%+78.05%-1.99%+14.62%+8.32%+68.65%+22.59%-15.65%+11.23%-0.29%+10.71%+15.13%+57.61%-0.17%+9.99%-4.31%+13.20%+24.47%-1.01%+33.17%
Cost of Revenue227.60M214.49M271.46M347.86M672.27M636.05M725.71M755.38M1.42B1.76B1.71B1.62B1.59B1.81B2.10B3.43B3.67B3.67B3.60B4.35B5.29B5.07B6.86B
Gross Profit116.63M104.90M103.10M133.10M177.83M203.22M258.69M286.63M333.84M398.00M105.09M403.20M426.87M421.15M468.23M615.53M371.81M773.35M652.20M466.95M699.69M864.37M1.04B
Gross Margin33.88%32.84%27.52%27.67%20.77%24.21%26.89%27.51%19.00%18.47%5.78%19.95%21.18%18.87%18.23%15.20%9.20%17.40%15.33%9.70%11.67%14.57%13.18%
Operating Expense54.24M44.58M46.58M83.85M118.63M120.53M161.84M145.72M214.32M279.13M266.03M325.21M331.45M370.32M430.53M454.95M641.89M369.17M463.62M452.20M542.51M518.66M810.26M
Operating Income62.39M60.32M56.51M49.25M59.20M82.69M96.86M140.92M119.52M118.87M-160.94M77.99M95.42M50.83M37.70M160.58M-270.08M404.19M188.59M14.75M157.17M345.70M231.41M
Operating Margin18.13%18.89%15.09%10.24%6.91%9.85%10.07%13.52%6.80%5.52%-8.86%3.86%4.73%2.28%1.47%3.97%-6.68%9.09%4.43%0.31%2.62%5.83%2.93%
EBITDA62.40M63.44M62.92M61.77M85.71M134.92M160.57M179.39M198.76M186.90M-135.07M179.84M200.43M160.18M180.11M278.08M-95.92M566.44M358.38M174.22M347.03M536.21M446.69M
EBITDA Margin18.13%19.86%16.80%12.84%10.01%16.08%16.69%17.22%11.31%8.68%-7.43%8.90%9.94%7.18%7.01%6.87%-2.37%12.74%8.42%3.62%5.79%9.04%5.65%
Net Income48.78M51.31M52.08M45.04M51.32M78.71M88.43M110.01M115.45M87.94M-181.67M78.97M92.56M47.96M60.42M130.78M-219.06M353.11M186.66M40.14M178.32M360.71M252.98M
Net Income Margin14.17%16.06%13.91%9.36%5.99%9.38%9.19%10.56%6.57%4.08%-10.00%3.91%4.59%2.15%2.35%3.23%-5.42%7.94%4.39%0.83%2.98%6.08%3.20%
R&D--------63.27M64.71M67.54M89.59M102.82M127.99M151.63M181.20M206.94M189.71M205.76M252.39M273.53M318.98M455.09M
R&D as % of Total Revenue--------3.60%3.00%3.72%4.43%5.10%5.74%5.90%4.48%5.12%4.27%4.84%5.24%4.56%5.38%5.76%
Interest Expense3.05M77.24K1.83M2.79M13.85M20.39M25.68M21.11M26.65M39.92M38.67M28.17M33.22M30.46M29.64M27.30M51.00M60.09M33.97M32.94M42.77M39.48M56.48M
Interest Expense % of Total Revenue0.89%0.02%0.49%0.58%1.62%2.43%2.67%2.03%1.52%1.85%2.13%1.39%1.65%1.37%1.15%0.67%1.26%1.35%0.80%0.68%0.71%0.67%0.71%

Balance Sheet

Currency: CNY2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Total Assets392.55M438.79M595.76M937.78M1.13B1.40B1.58B1.78B2.73B2.79B2.43B2.62B2.57B2.88B3.00B4.16B4.81B4.24B4.48B4.85B5.21B6.99B9.48B
Total Liabilities207.26M209.25M323.15M346.53M481.57M666.42M775.67M824.38M1.35B1.37B1.22B1.37B1.25B1.55B1.59B2.67B3.09B2.31B2.44B2.86B3.05B3.04B5.20B
Total Equity185.28M229.54M272.61M586.35M633.65M710.11M776.56M924.26M1.35B1.41B1.19B1.24B1.29B1.31B1.34B1.44B1.66B1.93B2.04B1.99B2.16B3.95B4.28B
Cash94.98M116.67M104.30M176.00M71.92M78.44M130.14M192.37M437.27M455.11M379.79M454.62M323.18M343.35M195.84M118.48M409.56M561.48M631.21M696.60M849.94M2.56B1.83B
Total Debt99.86M111.39M170.61M174.15M270.58M410.95M533.99M592.69M830.26M896.30M810.04M813.70M746.78M895.87M765.57M1.27B1.79B1.00B895.87M1.31B1.47B1.31B2.55B
Net Debt4.89M-5.27M66.31M-1.85M198.66M332.51M403.85M400.32M392.99M441.19M430.25M359.08M423.60M552.52M569.73M1.15B1.38B442.45M264.66M611.65M615.09M-968.28M717.65M

Cash Flow

Currency: CNY2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Operating Cash Flow25.33M79.46M33.77M-45.86M14.18M103.16M53.52M179.49M-211.43M164.76M134.50M232.66M139.56M174.29M172.87M106.10M139.31M334.57M534.75M-128.19M52.61M821.98M151.70M
Investing Cash Flow-29.09M-55.80M-86.66M-153.65M-170.98M-204.36M-129.14M-192.95M-89.50M-149.72M-48.77M-114.32M-158.50M-226.87M-145.22M-656.42M-691.27M176.24M-224.97M-54.90M-32.61M-462.78M-2.02B
Financing Cash Flow-4.29M-11.57M47.39M274.72M54.90M110.89M119.59M64.78M518.50M-11.99M-141.49M-81.50M-57.62M45.25M-156.57M459.10M810.53M-407.84M-172.25M282.91M118.08M1.34B1.10B
Capital Expenditure20.22M71.10M94.78M166.61M226.39M188.22M103.64M66.03M90.58M136.44M43.04M134.21M109.65M220.84M224.62M541.59M367.72M153.79M209.67M205.52M150.27M230.51M583.64M
Free Cash Flow5.11M8.36M-61.01M-212.47M-212.21M-85.06M-50.12M113.45M-302.01M28.32M91.47M98.46M29.91M-46.56M-51.75M-435.49M-228.41M180.78M325.08M-333.70M-97.66M590.61M-431.94M
Dividends Paid16.85M23.10M11.83M40.84M33.85M41.39M56.93M35.86M64.59M73.97M73.33M63.86M62.81M59.21M55.53M66.77M109.86M37.47M36.91M30.79M40.48M40.23M57.43M
FCF to OCF20.16%10.53%-180.68%463.34%-1496.38%-82.46%-93.65%63.21%142.84%17.19%68.00%42.32%21.43%-26.71%-29.94%-410.43%-163.95%54.03%60.79%260.33%-185.65%71.85%-284.73%
Dividend Paid to FCF329.85%276.15%-19.39%-19.22%-15.95%-48.66%-113.57%31.61%-21.39%261.15%80.17%64.86%210.01%-127.18%-107.30%-15.33%-48.10%20.73%11.35%-9.23%-41.45%6.81%-13.30%

Earnings

Report DateMar 31, 2009Jul 28, 2009Oct 22, 2009Feb 4, 2010Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Apr 25, 2013Aug 26, 2013Sep 30, 2013Dec 31, 2013Apr 27, 2014Jul 31, 2014Oct 28, 2014Feb 16, 2015Apr 25, 2015Aug 21, 2015Oct 31, 2015Feb 27, 2016Apr 21, 2016Aug 25, 2016Oct 27, 2016Feb 24, 2017Apr 24, 2017Jul 27, 2017Oct 24, 2017Feb 27, 2018Apr 21, 2018Aug 20, 2018Oct 23, 2018Mar 29, 2019Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Apr 25, 2020Aug 25, 2020Oct 27, 2020Dec 31, 2020Apr 13, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Apr 28, 2022Aug 26, 2022Oct 26, 2022Dec 31, 2022Apr 25, 2023Aug 24, 2023Oct 27, 2023Apr 26, 2024Aug 21, 2024Oct 22, 2024May 7, 2025Aug 26, 2025Oct 28, 2025Apr 21, 2026Aug 25, 2026
EPS Estimate-0.070.080.07------------0.040.05--0.03----------------------------------------------
EPS Actual0.030.060.090.100.090.080.070.040.030.080.090.020.03-0.360.01-0.120.030.030.050.060.020.030.080.090.010.000.060.050.010.000.070.070.040.040.140.090.030.01-0.16-0.340.010.380.270.090.010.070.240.080.120.120.03-0.180.010.130.240.020.020.130.550.090.140.250.020.06-0.08-0.05-0.09
Surprise--14.29%12.50%42.86%-------------25.00%-40.00%---33.33%----------------------------------------------
Timing-Pre-marketPre-marketPre-market------------After-hoursAfter-hours--After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours--------Pre-market---Pre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours----

Key Statistics & Ratios

Market Cap4.82B
Enterprise Value7.45B
Trailing P/E0.00
Forward P/E45.45
PEG Ratio0.00
Price / Sales0.66
Price / Book1.23
EPS-0.44
Book Value7.39
Revenue (TTM)7.30B
Gross Profit (TTM)813.80M
EBITDA8.68M
Profit Margin-3.46%
Operating Margin-3.57%
Return on Equity-5.84%
Return on Assets-1.21%
Shares Outstanding562.48M
Shares Float412.78M
Beta0.38
Dividend Yield0.17%
Dividend Rate0.02
Payout Ratio0.00%

Dividends

20261×
0.01Jun 3, 2026
20201×
0.08Jun 19, 2020
20191×
0.08Jun 24, 2019
20181×
0.08May 14, 2018
20171×
0.08May 18, 2017
20161×
0.08Jun 3, 2016
20151×
0.08May 15, 2015
20141×
0.08Apr 30, 2014
20131×
0.08May 23, 2013
20121×
0.08Jun 19, 2012
20111×
0.08May 27, 2011
20101×
0.10Mar 9, 2010
20091×
0.03Jul 17, 2009
20081×
0.08Mar 19, 2008
20071×
0.06Jun 8, 2007
20061×
0.06May 15, 2006
20051×
0.07Jun 16, 2005

Stock Splits

  • May 27, 201115:10
  • Jul 17, 200912:10
  • Jun 8, 200712.5:10
  • May 15, 200616:10
  • Nov 24, 200513.3:10