DONGNAN(SZ:301359) Sou Hu Cai Jing·2025-06-10 10:40Core Viewpoint - Southeast Electronics is experiencing a decline in stock price and has a relatively high PE ratio compared to its industry peers, indicating potential valuation concerns despite recent revenue and profit growth [1][3]. Company Overview - Southeast Electronics specializes in the design, research and development, production, and sales of micro-switch products, including those for home appliances, automobiles, power tools, and smart low-voltage applications [2]. - The company has received multiple honors, including being recognized as a "Provincial High-tech Enterprise R&D Center" in 2018 and a "National Green Manufacturing Factory" in 2024 [2]. Financial Performance - For Q1 2025, the company reported revenue of 69.92 million yuan, a year-on-year increase of 15.91%, and a net profit of 11.07 million yuan, up 9.21% from the previous year, with a gross profit margin of 27.78% [3]. - The current PE ratio stands at 49.27, while the industry average is 55.14, indicating that the company is slightly undervalued relative to its peers [3]. Market Position - The total market capitalization of Southeast Electronics is 2.305 billion yuan, ranking 87th in the electronic components industry based on PE ratio [1][3]. - As of the latest report, five institutions hold shares in Southeast Electronics, with a total of 1.6332 million shares valued at 3.9 million yuan [1].