Gudewei closed down by 4.11% today, with the latest price-to-book ratio at 3.43 and a total market capitalization of 9.905 billion yuan.
On April 22, Gudewei’s stock price reached 40.83 yuan, reflecting a decrease of 4.11%. As of September 30, 2024, the number of shareholders stood at 17,989, an increase of 3,966 since the last report. The average market value of shares held per shareholder was 352,800 yuan, with an average holding of 27,600 shares.
Gudewei Technology Co., Ltd. specializes in the research, development, production, and sales of renewable energy power supply equipment, including solar energy and energy storage systems. The company aims to provide comprehensive solutions for smart energy management to residential, commercial users, and ground power stations. Its main products consist of photovoltaic grid-connected inverters, photovoltaic energy storage inverters, smart data collectors, and the SEMS smart energy management system.
During the reporting period, the company received several prestigious awards, including the 2022 GREENPV Technology Innovation Award, recognition as a top brand in China for household commercial inverters, and being named among the top ten photovoltaic inverter brands in China. Additionally, it was honored as an excellent photovoltaic inverter enterprise in the “Leading China Renewable Energy” rankings and awarded for the best household energy storage solution in the 2022 China Energy Storage Industry Selection.
The latest performance report for the third quarter of 2024 shows that Gudewei achieved an operating income of 4.943 billion yuan, a year-on-year decrease of 12.51%. The net profit was 8.6521 million yuan, down 99.03% compared to the previous year, with a gross profit margin of 23.00%.
| Stock Code | PE (TTM) | PE (Static) | Price-to-Book Ratio | Total Market Value (yuan) |
|---|---|---|---|---|
| Gudewei | -156.86 | -156.86 | 3.43 | 9.905 billion |
| Industry Average | 25.36 | 23.26 | 2.43 | 14.659 billion |
| Industry Median | 25.34 | 21.57 | 1.97 | 6.656 billion |
In summary, Gudewei continues to focus on innovation and development within the renewable energy sector, despite facing challenges reflected in its recent financial performance.
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