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0042 Stock Chart & Stats
HK$0.28
HK$0.00(0.00%)
At close: 4:00 PM EST
HK$0.28
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$0.24 - HK$0.71
Previous CloseN/A
Volume22.00K
Average Volume (3M)657.87K
Market Cap
HK$222.71M
Enterprise ValueHK$220.11M
Total Cash (Recent Filing)HK$8.95M
Total Debt (Recent Filing)HK$6.97M
Price to Earnings (P/E)―
Beta0.94
Next Earnings
Sep 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding257,950,000
10 Day Avg. Volume255,800
30 Day Avg. Volume657,866
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-0.76
Price to Sales (P/S)1.29
P/FCF Ratio-12.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Gross Margin ResilienceStable gross margins near 29–31% indicate the company retains product/service pricing power or manageable direct costs despite broader losses. That gross-profit base is a structural asset: if overheads are reduced or volumes recover, the firm can more readily translate sales into operating profit over the medium term.
Proven Cash Generation In Prior YearsHistorical positive operating and free cash flow in 2021–2022 shows the business model can generate cash under better conditions. This demonstrates operational economics that have worked before, implying recoverability if demand and cost structure normalize, and supports realistic pathways to restore liquidity.
Relatively Low Absolute DebtLow absolute debt levels reduce recurring interest burdens and refinancing pressure, giving management more flexibility to restructure operations or seek equity solutions. With limited immediate debt service, the company has clearer options for pursuing turnaround actions without heavy creditor constraints.
Bears Say
Negative Shareholders' EquityPersistent negative equity is a structural solvency issue: it reflects accumulated losses that impair capital buffers, constrain access to bank credit and capital markets, and may trigger covenant or regulatory consequences. Rectifying this typically requires capital injection or significant profitability restoration.
Chronic Operating LossesSustained operating losses and a very large recent net loss indicate the core business fails to cover operating costs. This signals structural problems—high fixed costs, pricing pressure, or impaired asset performance—that erode equity and limit reinvestment capacity unless management delivers a durable turnaround.
Ongoing Cash Burn And Liquidity RiskMulti-year negative operating and free cash flow creates persistent liquidity strain, forcing dependence on external financing or asset sales. This reduces strategic flexibility, increases refinancing and dilution risk, and makes the company vulnerable to market disruptions unless cash generation reverses or new capital is provided.
Northeast Electric Development Co., Ltd. Class H News
0042 FAQ
What was Northeast Electric Development Co., Ltd. Class H’s price range in the past 12 months?
Northeast Electric Development Co., Ltd. Class H lowest stock price was HK$0.24 and its highest was HK$0.71 in the past 12 months.
What is Northeast Electric Development Co., Ltd. Class H’s market cap?
Northeast Electric Development Co., Ltd. Class H’s market cap is HK$222.71M.
When is Northeast Electric Development Co., Ltd. Class H’s upcoming earnings report date?
Northeast Electric Development Co., Ltd. Class H’s upcoming earnings report date is Sep 02, 2026 which is in 43 days.
How were Northeast Electric Development Co., Ltd. Class H’s earnings last quarter?
Northeast Electric Development Co., Ltd. Class H released its earnings results on Mar 31, 2026. The company reported -HK$0.097 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.097.
Is Northeast Electric Development Co., Ltd. Class H overvalued?
According to Wall Street analysts Northeast Electric Development Co., Ltd. Class H’s price is currently Overvalued.
Does Northeast Electric Development Co., Ltd. Class H pay dividends?
Northeast Electric Development Co., Ltd. Class H does not currently pay dividends.
What is Northeast Electric Development Co., Ltd. Class H’s EPS estimate?
Northeast Electric Development Co., Ltd. Class H’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Northeast Electric Development Co., Ltd. Class H have?
Northeast Electric Development Co., Ltd. Class H has 257,950,000 shares outstanding.
What happened to Northeast Electric Development Co., Ltd. Class H’s price movement after its last earnings report?
Northeast Electric Development Co., Ltd. Class H reported an EPS of -HK$0.097 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Northeast Electric Development Co., Ltd. Class H?
Currently, no hedge funds are holding shares in HK:0042
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Northeast Electric Development Co., Ltd. Class H
Northeast Electric Development Company Limited functions as an investment holding firm, primarily concentrating on the research, design, development, manufacturing, and distribution of power transmission and transformation equipment throughout the People's Republic of China. Its production scope also encompasses various electrical apparatus, such as enclosed busbars and related components. Beyond these industrial pursuits, the company diversifies into hospitality, providing hotel management, catering, and accommodation services. Its extensive service offerings further include engineering design, construction, reconnaissance, and consultation for new energy projects, in addition to general electric power engineering services. Property leasing forms another segment of its operations. Founded in 1993, and previously known as Northeast Electricity Transmitting & Transformation Machinery Manufacturing Ltd., the company maintains its headquarters in Haikou, People's Republic of China.