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Hongli Zhihui Group Co (SZSE:300219) Median PS Value : ¥12.16 (As of May. 31, 2024)


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What is Hongli Zhihui Group Co Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Hongli Zhihui Group Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥5.455. Hongli Zhihui Group Co's 10-Year median PS Ratio is 2.2291. Therefore, the Median PS Value for today is ¥12.16.

As of today (2024-05-31), Hongli Zhihui Group Co's share price is ¥6.40. Hongli Zhihui Group Co's Median PS Value is ¥12.16. Therefore, Hongli Zhihui Group Co's Price to Median PS Value for today is 0.53.

The historical rank and industry rank for Hongli Zhihui Group Co's Median PS Value or its related term are showing as below:

SZSE:300219' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.47   Med: 0.63   Max: 0.89
Current: 0.53

During the past 13 years, the highest Price to Median PS Value of Hongli Zhihui Group Co was 0.89. The lowest was 0.47. And the median was 0.63.

SZSE:300219's Price-to-Median-PS-Value is ranked better than
88.31% of 1523 companies
in the Hardware industry
Industry Median: 1.15 vs SZSE:300219: 0.53

Hongli Zhihui Group Co Median PS Value Historical Data

The historical data trend for Hongli Zhihui Group Co's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hongli Zhihui Group Co Median PS Value Chart

Hongli Zhihui Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 17.86 13.94 12.17

Hongli Zhihui Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.80 12.33 11.87 12.17 12.16

Competitive Comparison of Hongli Zhihui Group Co's Median PS Value

For the Electronic Components subindustry, Hongli Zhihui Group Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hongli Zhihui Group Co's Price-to-Median-PS-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hongli Zhihui Group Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Hongli Zhihui Group Co's Price-to-Median-PS-Value falls into.



Hongli Zhihui Group Co Median PS Value Calculation

Hongli Zhihui Group Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=5.455*2.2291
=12.16

10-Year Median PS Ratio is 2.2291.
Hongli Zhihui Group Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥5.455.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hongli Zhihui Group Co  (SZSE:300219) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Hongli Zhihui Group Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=6.40/12.16
=0.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hongli Zhihui Group Co Median PS Value Related Terms

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Hongli Zhihui Group Co (SZSE:300219) Business Description

Traded in Other Exchanges
N/A
Address
West Dongfeng Highway, Auto City Huadu, Guangzhou City, CHN, 510800
Hongli Zhihui Group Co Ltd is engaged in the production and development of SMD LEDs, COB LEDs, High Power LEDs, Automotive LEDs, UV LEDs, LAMP LEDs, and Infrared LEDs. Its products are widely used in applied in general lighting, TV backlight, 3C, automotive lighting, display and other fields.
Executives
Li Jun Dong Directors, executives
Li Guo Ping Director
Liu Xin Guo Director
Jia He Chao Directors, executives
Dong Jin Ling Director
Deng Shou Tie Directors, executives
Yong Xin Supervisors
Sun Chang Yuan Executives
Chen Shu Fen Supervisors
Yang Yong Fa Executives
Wang Yu Hong Director
Lei Li Ning Directors, executives
Shi Chao Supervisors
Liu Yu Sheng Executives

Hongli Zhihui Group Co (SZSE:300219) Headlines

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