Added to YB: 2024-06-20
Pitch date: 2024-06-18
603195.SN [bullish]
Goneo Group Co., Ltd.
-27.31%
current return
Author Info
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Company Info
Goneo Group Co., Ltd. provides electrical products. It offers safety sockets, decorative switches, safe charging stations, digital products, love eye lighting, smart no main light, power tools, smart security locks, home appliances, safety circuit breakers, computer room power distribution, and energy storage products.
Market Cap
CNY 68.5B
Pitch Price
CNY 53.43
Price Target
N/A
Dividend
5.01%
EV/EBITDA
11.97
P/E
16.43
EV/Sales
3.34
Sector
Electrical Equipment
Category
growth
3 High Conviction Buys From China - Goneo Group Co Ltd
Goneo: Category-killing Chinese electrical engineering firm. 10-15% rev growth, 20% net margin, no debt, 27% ROE. Resilient in real estate downturn, growth in EV charging & international expansion. EV/EBITDA 19.2x, PE 27x fair for proven compounder. 85% mgmt owned.
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