` 301008 (Zhejiang Hongchang Electrical Technology Co Ltd) vs Shanghai Composite Comparison - Alpha Spread

301008
vs
S
Shanghai Composite

Over the past 12 months, Zhejiang Hongchang Electrical Technology Co Ltd has significantly outperformed Shanghai Composite, delivering a return of +53% compared to the Shanghai Composite's +24% growth.

Stocks Performance
301008 vs Shanghai Composite

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Performance Gap
301008 vs Shanghai Composite

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Performance By Year
301008 vs Shanghai Composite

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Competitors Performance
Zhejiang Hongchang Electrical Technology Co Ltd vs Peers

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Zhejiang Hongchang Electrical Technology Co Ltd
Glance View

Zhejiang Hongchang Electrical Technology Co., Ltd. engages in the production, sale, research and development of fluid solenoid valves. The company is headquartered in Jinhua, Zhejiang and currently employs 1,076 full-time employees. The company went IPO on 2021-06-11. Its fluid solenoid valves include washing machine valves, water purifier valves and smart toilet valves. The firm's solenoid valves are mainly used in washing machines, water purifiers, smart toilets, dishwashers and other household appliances, kitchen and bathroom fields. The firm's modular components are mainly used in washing machines. The firm's water level sensors are mainly used in various washing machine products. The firm distributes its products within domestic market and to overseas markets.

Intrinsic Value
13.25 CNY
Overvaluation 62%
Intrinsic Value
Price
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