Is 002452.SZ overvalued or undervalued?

002452.SZ currently has a P/E ratio of 8.41. Relative to the sector average of 28.20, this suggests the stock may be undervalued. A higher P/E than peers means investors are paying more for each unit of earnings, often because they expect faster future growth. However, if that growth does not materialize, the stock can appear overvalued. A lower P/E may indicate weaker growth expectations or higher risk, but it can also signal a potential valuation discount.

How can I buy Changgao Electric Group Co., Ltd. stock?

Changgao Electric Group Co., Ltd. trades on SHZ. Investors in Latin America can buy it through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.

Can I buy fractional shares of 002452.SZ?

Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the company.

Does buying 002452.SZ protect my money against local inflation?

Many investors in Latin America buy international stocks like 002452.SZ to protect their purchasing power. Because 002452.SZ is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your stock portfolio remains protected from local inflation.

Do I need a foreign bank account or a Visa to buy 002452.SZ shares?

No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.

Is 002452.SZ a suitable investment for my portfolio?

There is no universal answer, since fit depends on your situation, not just the stock. Think about three things: how well 002452.SZ diversifies what you already own, whether you can stomach its price swings given your risk tolerance, and how long you plan to stay invested. As a rule, a single stock works best as one piece of a broader asset allocation and with a multi-year time horizon. This is general information, not personalized financial advice.

All stocks002452.SZ

Changgao Electric Group Co., Ltd.

¥11.20-¥0.18-1.58%

SHZ / CNY

Market cap

¥6.9B

P/E

8.4

EPS (TTM)

¥0.17

Dividend yield

1.07%

Beta

0.64

1Y return

+43.77%

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Financials

The numbers behind the company

Revenue vs net income

RevenueNet income

$239M2021

$177M2022

$210M2023

$241M2024

$238M2025

Financial health

Gross margin

Operating margin

ROE

ROA

Debt to equity0.23Low
Current ratio5.71
Cash ratio2.74
Net margin48.3%
Free cash flow—

Valuation

Is it expensive right now

P/E vs the market

scale 0–50

0153050

002452.SZ8.4
Industrials sector median28.2
S&P 50022.0

Trades about 70% below its sector, cheaper than its peers on earnings.

Ratios

PEG0.03
Price to book2.45
EPS (TTM)¥0.17
Payout ratio921%
FCF yield5.82%

Range & risk

¥7.46¥13.86

Trading in the middle of its 52-week band

Beta0.64

Profile

What Changgao Electric Group Co., Ltd. actually does

Changgao Electric Group Co., Ltd. is an international and domestic enterprise based in Changsha, People's Republic of China, dedicated to the innovation, manufacturing, and commercialization of essential electrical power apparatus. Its diverse product portfolio features ring main units, various metal-enclosed and low/medium voltage switchgear systems, disconnector and earthing switches, circuit breakers, and sophisticated H-GIS and GIS technologies, alongside other related equipment. Beyond product sales, the company offers a suite of engineering services, including design, construction, equipment supply, operational and maintenance support, financial solutions, and expert advisory, primarily serving the transmission and distribution grid as well as the expanding renewable energy industry. The company officially adopted the name Changgao Electric Group Co., Ltd. in December 2017, having previously been known as Hunan Changgao Highvoltage Switchgear Group Co., Ltd.

CEO

Xiao Ma

Employees

1,704

Headquarters

Changsha, HU

Founded

2010-07-20

Company website

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Community sentiment

Bullish—

Distribution

Bearish0%
Neutral0%
Bullish0%

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Q&A

Questions people ask

002452.SZ has a beta of 0.64, which indicates how sensitive it has historically been to movements in its broader market. A beta below 1 indicates lower relative volatility than the market. Beta is based on historical data and does not predict future performance.

Changgao Electric Group Co., Ltd.