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GoerTek Inc
Previous close
¥24.68
Day range
¥23.70 - ¥24.48
Year range
¥13.83 - ¥29.10
Market cap
85.79B CNY
Avg Volume
118.59M
P/E ratio
31.81
Dividend yield
0.73%
Primary exchange
SHE
Market news
Financials
Income Statement
Revenue
Net income
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 29.26B | 1.70% |
Operating expense | 1.96B | -7.91% |
Net income | 1.12B | 138.16% |
Net profit margin | 3.83 | 134.97% |
Earnings per share | 0.26 | 156.60% |
EBITDA | 2.37B | 38.88% |
Effective tax rate | 13.44% | — |
Balance Sheet
Total assets
Total liabilities
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 17.02B | 27.98% |
Total assets | 81.38B | 3.83% |
Total liabilities | 48.37B | 3.03% |
Total equity | 33.01B | — |
Shares outstanding | 3.38B | — |
Price to book | 2.58 | — |
Return on assets | 4.68% | — |
Return on capital | 7.47% | — |
Cash Flow
Net change in cash
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 1.12B | 138.16% |
Cash from operations | 186.00M | -85.68% |
Cash from investing | -2.58B | -88.26% |
Cash from financing | 769.94M | 73.17% |
Net change in cash | -1.71B | -762.50% |
Free cash flow | -6.59B | -41.33% |
About
Goertek Inc. is a Chinese acoustic components company founded in 2001. The company was started in June 2001 by the billionaire entrepreneur Jiang Bin and his wife Hu Shuangmei. His brother, Jiang Long, serves as vice chairman. The company was listed on the Shenzhen Stock Exchange in May 2008.
The company claims to hold the largest market value among acoustic companies on the Shenzhen Stock Exchange. Goertek's main focuses consist of R&D, production and sales of electro-acoustic components, optical components, electronic accessories and related products. The global headquarters of Goertek is in Weifang, with manufacturing operations in Vietnam. The company has over 80,000 employees.
Goertek's customers include Apple, Samsung, Sony and Lenovo. The company supplies products to Fitbit, ByteDance, and Huawei.
In 2014, Goertek bought a majority share of Danish loudspeaker manufacturer Dynaudio. The company also has a stake in Kopin Corporation. Goertek has collaborated with Beihang University's Qingdao Research Institute on military-civil fusion projects and, in 2016, funded the university's Smart Innovation Technology Research Institute. Wikipedia
CEO
Founded
Jun 25, 2001
Headquarters
Website
Employees
81,370