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Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H (HK:6869)
HKEX:6869
Yangtze Optical Fibre and Cable Joint Stock Co (6869) Stock Price & Analysis
2 Followers
6869 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$6.81 - HK$11.81
Previous CloseHK$7.75
Volume412.00K
Average Volume (3M)1.44M
Market Cap
HK$13.33B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)4.8
Beta0.39
Next Earnings
Aug 23, 2024EPS Estimate
HK$0.26Last Dividend Ex-Date
Jun 20, 2024Dividend Yield6.48%
Share Statistics
EPS (TTM)1.61
Shares Outstanding351,566,794
10 Day Avg. Volume888,318
30 Day Avg. Volume1,438,425
Standard Deviation0.13
R-Squared0.23
Alpha0.00825
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$9.53Price Target Upside22.92% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Yangtze Optical Fibre and Cable Joint Stock Co News
PremiumCompany Announcements
Yangtze Optical Cable’s AGM: Resolutions Approved
PremiumCompany Announcements
Yangtze Optical Announces Final 2023 Dividend
PremiumCompany Announcements
Yangtze Optical Announces Board and Committee StructurePremiumCompany Announcements
Yangtze Optical Announces Final Dividend
PremiumCompany Announcements
Yangtze Optical Fibre Announces Upcoming AGM
PremiumCompany Announcements
Yangtze Optical Announces Board Reshuffle
PremiumPre-Earnings
Is YZOFF a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Diversification StrategyYOFC's diversification strategy has seen some initial success, with investments in adjacent businesses providing new growth drivers.
Segment GrowthOthers segment (including optical components) increased 14% year-over-year.
ValuationValuation is attractive, trading at 5.2x PE and 0.5x PB, with a new price target implying a 23% upside.
Bears Say
DemandDemand from Chinese telecommunications companies is expected to decline further, although average selling prices could remain healthy.
RevenueYOFC's 4Q23 revenue fall of 7% missed expectations, with a net profit beat driven by a one-off investment gain.
TelecommunicationsWithout the one-off gain, the fourth quarter would have resulted in a loss, due to weak telecommunications capital expenditures globally.
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Options Prices
Currently, No data available
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Ownership Overview
0.71%
Insiders
1.75% Mutual Funds
2.06% Other Institutional Investors
95.47% Public Companies and
Individual Investors
6869 FAQ
What was Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H’s price range in the past 12 months?
Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H lowest stock price was HK$6.81 and its highest was HK$11.81 in the past 12 months.
What is Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H’s market cap?
Currently, no data Available
When is Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H’s upcoming earnings report date?
Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H’s upcoming earnings report date is Aug 23, 2024 which is in 54 days.
How were Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H’s earnings last quarter?
Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H released its earnings results on Apr 30, 2024. The company reported HK$0.086 earnings per share for the quarter, missing the consensus estimate of HK$0.269 by -HK$0.183.
Is Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H overvalued?
According to Wall Street analysts Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H’s price is currently Undervalued.
Does Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H pay dividends?
Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H pays a Annually dividend of HK$0.55 which represents an annual dividend yield of 6.48%. See more information on Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H dividends here
What is Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H’s EPS estimate?
Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H’s EPS estimate is HK$0.26.
How many shares outstanding does Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H have?
Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H has 351,566,770 shares outstanding.
What happened to Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H’s price movement after its last earnings report?
Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H reported an EPS of HK$0.086 in its last earnings report, missing expectations of HK$0.269. Following the earnings report the stock price went down -12.218%.
Which hedge fund is a major shareholder of Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H?
Currently, no hedge funds are holding shares in HK:6869
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Yangtze Optical Fibre and Cable Joint Stock Co Stock Smart Score
Unlock Smart Score
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Technicals
SMA
Negative
20 days / 200 days
Momentum
-30.57%
12-Months-Change
Fundamentals
Return on Equity
10.09%
Trailing 12-Months
Asset Growth
-3.76%
Trailing 12-Months
Company Description
Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H
Yangtze Optical Fibre and Cable Joint Stock Ltd Co is engaged in the Chinese communication equipment industry. It manufactures and sells optical fiber preforms, optical fibers with various standard specifications that are widely used in the telecommunications industry. It operates its business through two operating segments, optical fibers, and optical fiber preforms; and optical fiber cables. The manufacture and sale of optical fiber cables provide the company for most of its revenue. Its other products comprise of trunk cables, patch cords, plug-and-play modules, optical distribution frames, pigtails, adapter panels, splitters, and connecting cabinets.
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6869 Stock 12 Month Forecast
Average Price Target
HK$9.53
▲(22.92% Upside)
Technical Analysis
Best Analysts Covering 6869
1 Year
1 Year Success Rate
0/2 ratings generated profit
1 Year Average Return
-6.75%
upgraded a buy rating 3 months ago
Copying Edison Lee's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -6.75% per trade.
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