Added to YB: 2024-06-20
Pitch date: 2024-06-18
603195.SN [bullish]
Gongniu Group Co.,Ltd.
-23.35%
current return
Author Info
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Company Info
Gongniu Group Co.,Ltd. provides electrical products. It offers safety sockets and circuit breakers, decorative switches, digital boutiques, security smart locks, home devices, computer room power distribution and energy storage products, charging piles, and electrical tools, as well as eye and mainless lights.
Market Cap
CNY 95.2B
Pitch Price
CNY 55.98
Price Target
N/A
Dividend
2.90%
EV/EBITDA
17.11
P/E
23.32
EV/Sales
4.97
Sector
Electrical Equipment
Category
growth
3 High Conviction Buys From China - Goneo Group Co Ltd
Goneo: Category-killing Chinese electrical engineering firm. 10-15% rev growth, 20% net margin, no debt, 27% ROE. Resilient in real estate downturn, growth in EV charging & international expansion. EV/EBITDA 19.2x, PE 27x fair for proven compounder. 85% mgmt owned.
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