Zhongji Innolight Co Ltd Class A 300308

Morningstar Rating
CN¥808.44 −4.57 (0.56%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

300308 is trading within a range we consider fairly valued.
Price
CN¥808.44
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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News

Trading Information

Previous Close Price
CN¥813.01
Day Range
CN¥808.00–831.59
52-Week Range
CN¥337.00–1,416.88
Bid/Ask
CN¥808.40 / CN¥808.44
Shares Outstanding
1.18B
Market Cap
CN¥952.27B
Volume/Avg
16M / 33M

Key Statistics

Price/Earnings (Normalized)
45.65
Price/Sales
13.84
Dividend Yield (Trailing)
0.17%
Dividend Yield (Forward)
0.17%
Dividend Payment Schedule
Apr, Oct
Total Yield
0.17%

Company Profile

Zhongji Innolight Co Ltd is a China-based company engaged in the research & development, production, and sales of high-end optical communication transceiver modules, 5G wireless networks, telecom transmission, and fixed network access. The company pays attention to technology research and development and promotes products with high speed, Miniaturization, low power consumption, and low cost that are developed to provide cloud data centers of high-speed Optical transceivers for telecom equipment manufacturers 5G Fronthaul, midhaul, and backhaul optical modules are used to transmit optical on metro, backbone, and core networks modules as well as applications for fixed networks.
Sector
Technology
Industry
Communication Equipment
Stock Style Box
Large Growth
Total Number of Employees
11,625

Valuation

Metric
300308
Price/Earnings (Normalized)
45.65
Price/Book Value
22.62
Price/Sales
13.84
Price/Cash Flow
38.77
Price/Earnings
300308

Financial Strength

Metric
300308
Quick Ratio
1.34
Current Ratio
2.56
Interest Coverage
425.30
Quick Ratio
300308

Profitability

Metric
300308
Return on Assets (Normalized)
39.91%
Return on Equity (Normalized)
64.34%
Return on Invested Capital (Normalized)
55.40%
Return on Assets
300308

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