Risk factor
Strong & resilient to price shocks
Profitability factor
Slightly undervalued vs peers
About
Based in Pingdingshan, China, Henan Pinggao Electric Co.,Ltd. is a prominent entity involved in the research, development, manufacturing, sales, and servicing of advanced AC/DC switchgear systems. These systems are engineered for high, super-high, and ultra-high voltage applications across China. Their comprehensive product line includes specialized components such as SF6 gas-insulated combined electrical appliances, sulfur hexafluoride tank circuit breaker switchgears, open wide-type SF6 circuit breakers, along with essential disconnectors and earthing switches. The company further supplies hydraulic and spring mechanisms, composite insulators, SF6 gas recycling devices, vacuum arcing chambers, and a variety of other critical spare parts for switchgear.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.