Risk factor
Strong & resilient to price shocks
Profitability factor
Strong margins and returns
About
Changgao Electric Group Co., Ltd. is an international and domestic enterprise based in Changsha, People's Republic of China, dedicated to the innovation, manufacturing, and commercialization of essential electrical power apparatus. Its diverse product portfolio features ring main units, various metal-enclosed and low/medium voltage switchgear systems, disconnector and earthing switches, circuit breakers, and sophisticated H-GIS and GIS technologies, alongside other related equipment. Beyond product sales, the company offers a suite of engineering services, including design, construction, equipment supply, operational and maintenance support, financial solutions, and expert advisory, primarily serving the transmission and distribution grid as well as the expanding renewable energy industry. The company officially adopted the name Changgao Electric Group Co., Ltd. in December 2017, having previously been known as Hunan Changgao Highvoltage Switchgear Group Co., Ltd.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, ov
Target Price
The average target price of 002452.SZ is 10.0 and suggests 12.1% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation