LOCTEK ERGONOMIC TLL

LOCTEK ERGONOMIC T

15.44CNYD
−0.10−0.64%
At close at 07:00 GMT
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300729 fundamentals

Key facts

Market capitalization‪5.30 B‬CNY
Founded2002
Employees (FY)‪3.08 K‬
CEOLe Hong Xiang
Websiteloctek.com
About

Loctek Ergonomic Technology Corp. engages in the research and development, production and sales of ergonomic furniture products. Its business includes research and development, manufacturing, and sales of lifting tables, new office systems and equipment, functional furniture and components, and linear drive equipment; research and development, design, manufacture, processing, wholesale and retail of fitness equipment, new flat-panel TV brackets, flat-panel TV structural modules, monitor brackets, medical equipment, nursing and rehabilitation equipment, garage racks, vehicle racks, new bearing devices, precision molds and precision structural parts. The company was founded on March 26, 2002 and is headquartered in Ningbo, China.

Ownership
‪‪341.31 M‬‬
Free Float shares
‪‪310.06 M‬‬ (90.84%)
Closely held shares
‪‪31.25 M‬‬ (9.16%)
Free Float shares
‪‪310.06 M‬‬ (90.84%)
Closely held shares
‪‪31.25 M‬‬ (9.16%)
Capital structure
Market cap
‪‪5.30 B‬‬
Debt
‪‪4.67 B‬‬
Minority interest
‪‪6.26 K‬‬
Cash & equivalents
‪‪2.61 B‬‬
Enterprise value
‪‪7.36 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪5.30 B‬‬
Price to earning ratio (P/E)
12.73x
Price to sales ratio (P/S)
0.95x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
12.73x
Price to sales ratio (P/S)
0.95x
Valuation ratios
‪0.00‬
‪0.40‬
‪0.80‬
‪1.20‬
‪1.60‬
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪0.00‬
‪5.00‬
‪10.00‬
‪15.00‬
‪20.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪6%‬
‪7%‬
‪8%‬
‪9%‬
‪10%‬
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪0.00‬
‪‪400.00 M‬‬
‪‪800.00 M‬‬
‪‪1.20 B‬‬
‪‪1.60 B‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪0.00‬
‪‪400.00 M‬‬
‪‪800.00 M‬‬
‪‪1.20 B‬‬
‪‪1.60 B‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪0.00‬
‪‪400.00 M‬‬
‪‪800.00 M‬‬
‪‪1.20 B‬‬
‪‪1.60 B‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2023
Ergonomic Products and Other Furniture Products
Warehousing and Logistics Integrated Services
By country
Period: 2023
North America
Europe
China
Asia
Other

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪‪400.00 M‬‬
‪‪800.00 M‬‬
‪‪1.20 B‬‬
‪‪1.60 B‬‬
Actual
Earnings
Next:Apr 28, 2025
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪0.10‬
‪0.20‬
‪0.30‬
‪0.40‬
Actual

Dividends

Dividend yield, history and sustainability

Dividend summary
32.76%
Earnings retained
Payout ratio (TTM)
Dividend yield TTM
2.55%
Last payment
0.40
Last ex-date
May 20, 2024
Dividend history
‪0.4%‬
‪0.9%‬
‪1.4%‬
‪1.9%‬
‪2.4%‬
2019
2020
2021
2022
2023
‪0.00‬
‪0.10‬
‪0.20‬
‪0.30‬
‪0.40‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Debt level and coverage
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪‪−1.60 B‬‬
‪0.00‬
‪‪1.60 B‬‬
‪‪3.20 B‬‬
‪‪4.80 B‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
Short term
Long term
‪0.00‬
‪‪1.30 B‬‬
‪‪2.60 B‬‬
‪‪3.90 B‬‬
‪‪5.20 B‬‬
Assets
Liabilities