Professional
Added to YB: 2024-07-09
Pitch date: 2024-07-07
603195.SS [bullish]
Gongniu Group Co.,Ltd.
-15.51%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
Gongniu Group Co.,Ltd. provides electrical products. It offers safety sockets and circuit breakers, decorative switches, digital boutiques, security smart locks, home devices, computer room power distribution and energy storage products, charging piles, and electrical tools, as well as eye and mainless lights.
Market Cap
CNY 95.2B
Pitch Price
CNY 50.96
Price Target
N/A
Dividend
2.90%
EV/EBITDA
17.11
P/E
23.32
EV/Sales
4.97
Sector
Electrical Equipment
Category
growth
Idea Brunch with Xin Wu of Banyan Partners - Goneo Group Co Ltd
GONEO (603195.SS): Category-leading civil electrical engineering firm. 10-15% rev growth, 20% net margin, 27% ROE. No debt, 14B RMB cash. 80% China market share in electrical connections. 34% share in intelligent lighting. New EV charging venture (149% YoY growth). PE 27, EV/EBITDA 19.2. Catalysts: real estate recovery, EV boom, int'l expansion.
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