Risk factor
Very high price volatility
Profitability factor
Very strong margins and returns
About
Ugreen Group Limited engages in the research, development, design, production, and sale of consumer electronic products in China and internationally. The company offers electronic storage products, such as hard drives, cloud storage devices, hard disk expansion cards, hard drive enclosure and cabinets, and hard drive adaptor cables; Bluetooth earphones; and mobile phone peripherals, including USB Type-C, MFi certified Apple data cables, android phone data cables, OTG series, mobile phone holders, tempered glass/mobile phone cases. It also provides smart charging products, including PD fast charging, mobile power, USB charger, QC2.0/3.0 fast charging, wireless charger, and smart sockets; Apple peripherals; computer peripherals, such as docking stations, keyboards and mouses, USB extensions, USB HUB external network cards, external graphics cards, card readers, Bluetooth adapters, network industrial controls, and other products. In addition, the company offers car peripherals, audio and video peripherals, and lifestyle devices. The company was founded in 2012 and is based in Shenzhen, China.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. In particular, the stock is reasonably priced on P/E, 'expensive' on EV
Target Price
The average target price of 301606.SZ is 86 and suggests 10% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendati