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Sunny Optical Technology (Group) Co Ltd (HK:2382)
HKEX:2382
Sunny Optical Technology (Group) Co (2382) Stock Price & Analysis
6 Followers
2382 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$33.13 - HK$80.78
Previous CloseHK$45.8
Volume12.49M
Average Volume (3M)13.00M
Market Cap
HK$50.03B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)41.2
Beta1.46
Next Earnings
Aug 12, 2024EPS Estimate
HK$0.83Last Dividend Ex-Date
May 30, 2024Dividend Yield0.48%
Share Statistics
EPS (TTM)1.11
Shares Outstanding1,094,804,800
10 Day Avg. Volume8,935,000
30 Day Avg. Volume13,004,033
Standard Deviation0.15
R-Squared0.26
Alpha0.04
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$58.10Price Target Upside26.86% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Sunny Optical Technology (Group) Co News
PremiumCompany Announcements
Sunny Optical Hosts Investor Day for Market Insight
PremiumCompany Announcements
Sunny Optical Announces Mixed Shipment Results
PremiumCompany Announcements
Sunny Optical Refreshes Share Award SchemePremiumCompany Announcements
Sunny Optical’s AGM Approves Key Resolutions
Bulls Say, Bears Say
Bulls Say
AI IntegrationThe increasing integration of AI technology into smartphones is anticipated to drive sales of premium phones, which often feature advanced camera capabilities.
Market PositionSunny Optical is making significant strides into the iPhone value chain, having secured the largest share of approximately 50%-60% in the supply of rear wide-angle camera lenses for the iPhone series.
Technology LeadershipSunny Optical holds the global No.1 position across smartphone HCM/HLS and auto lens sets.
Bears Say
EarningsSunny Optical preannounced a net profit decline of 50-55% YoY, significantly missing market estimates due to weak smartphone demand and intense competition.
Financial PerformanceSunny's FY23 GPM of 14.1% was below expectations, reflecting intense competition despite the introduction of more high-end models.
Market SentimentThere is concern about the sustainability of Sunny's stock price recovery momentum without clarity on the pace of GM recovery.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
3.71% Mutual Funds
6.53% Other Institutional Investors
89.76% Public Companies and
Individual Investors
2382 FAQ
What was Sunny Optical Technology (Group) Co Ltd’s price range in the past 12 months?
Sunny Optical Technology (Group) Co Ltd lowest stock price was HK$33.13 and its highest was HK$80.78 in the past 12 months.
What is Sunny Optical Technology (Group) Co Ltd’s market cap?
Currently, no data Available
When is Sunny Optical Technology (Group) Co Ltd’s upcoming earnings report date?
Sunny Optical Technology (Group) Co Ltd’s upcoming earnings report date is Aug 12, 2024 which is in 38 days.
How were Sunny Optical Technology (Group) Co Ltd’s earnings last quarter?
Sunny Optical Technology (Group) Co Ltd released its earnings results on Mar 20, 2024. The company reported HK$0.655 earnings per share for the quarter, missing the consensus estimate of HK$0.754 by -HK$0.099.
Is Sunny Optical Technology (Group) Co Ltd overvalued?
According to Wall Street analysts Sunny Optical Technology (Group) Co Ltd’s price is currently Undervalued.
Does Sunny Optical Technology (Group) Co Ltd pay dividends?
Sunny Optical Technology (Group) Co Ltd pays a Annually dividend of HK$0.22 which represents an annual dividend yield of 0.48%. See more information on Sunny Optical Technology (Group) Co Ltd dividends here
What is Sunny Optical Technology (Group) Co Ltd’s EPS estimate?
Sunny Optical Technology (Group) Co Ltd’s EPS estimate is HK$0.83.
How many shares outstanding does Sunny Optical Technology (Group) Co Ltd have?
Sunny Optical Technology (Group) Co Ltd has 1,094,804,800 shares outstanding.
What happened to Sunny Optical Technology (Group) Co Ltd’s price movement after its last earnings report?
Sunny Optical Technology (Group) Co Ltd reported an EPS of HK$0.655 in its last earnings report, missing expectations of HK$0.754. Following the earnings report the stock price went up 0.187%.
Which hedge fund is a major shareholder of Sunny Optical Technology (Group) Co Ltd?
Currently, no hedge funds are holding shares in HK:2382
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Sunny Optical Technology (Group) Co Stock Smart Score
Unlock Smart Score
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Technicals
SMA
Negative
20 days / 200 days
Momentum
-40.80%
12-Months-Change
Fundamentals
Return on Equity
4.90%
Trailing 12-Months
Asset Growth
14.65%
Trailing 12-Months
Company Description
Sunny Optical Technology (Group) Co Ltd
Sunny Optical Technology (Group) Co. Ltd. engages in the design, manufacture, and sale of optical and optical devices products. It operates through the following businesses: Optical, Optoelectronic, Instrument and Technical Support. The Optical Business manufactures and sells lenses and lens module. The Optoelectronic Business produces cell phone camera module and photoelectric vision products. The Instrument Business includes microscopic, analytical and surveying instrument. The Technical Support Business provides consultancy services for licensed application. The company was founded by Ye Liao Ning & Wang Wen Jian in October 1984 and is headquartered in Yuyao, China.
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2382 Stock 12 Month Forecast
Average Price Target
HK$58.10
▲(26.86% Upside)
Technical Analysis
Sunny Optical Technology (Group) Co
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Best Analysts Covering 2382
1 Year
1 Year Success Rate
2/4 ratings generated profit
1 Year Average Return
-1.13%
reiterated a buy rating 18 days ago
Copying Jim Hin Kwong Au's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -1.13% per trade.
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