Company Overview - International Precision Group Limited (IPE Group) was established in 1990 and listed on the Hong Kong Stock Exchange on November 1, 2004, with stock code 00929. It is a member of China Baoan Group, one of the first batch of listed companies in New China [4] - The company is headquartered in Hong Kong and has production bases in Thailand and mainland China, including Guangzhou, Dongguan, Changshu, Yangzhou, Shanghai, and Wuhu. It also has sales offices in Hong Kong, Guangzhou, Bangkok, and Europe [4] - IPE Group specializes in high-end precision manufacturing, providing products for the automotive, hydraulic, and humanoid robot sectors, and has established long-term partnerships with Fortune 500 clients [4] Financial Performance - As of December 31, 2024, IPE Group achieved total operating revenue of 935 million yuan, representing a year-on-year growth of 12.38%. The net profit attributable to shareholders was 9.8132 million yuan, with a significant increase of 86.99%. The gross profit margin stood at 28.29%, and the debt-to-asset ratio was 21.15% [2] Market Position and Valuation - Currently, there are no institutional investment ratings for IPE Group. The company's price-to-earnings (P/E) ratio is 41.21, ranking 29th in the industry, while the average P/E ratio for the automotive industry is 17.49, with a median of 9.54 [3] - Comparatively, other companies in the automotive interior sector have significantly lower P/E ratios, such as 1.08 for China Automotive Interior (00048.HK), 3.37 for Pulin Chengshan (01809.HK), and 5.39 for BRILLIANCE CHI (01114.HK) [3] Recent Stock Performance - As of August 14, the Hang Seng Index fell by 0.37% to 25,519.32 points. IPE Group's stock closed at 0.455 HKD per share, marking an increase of 9.64% with a trading volume of 645,000 shares and a turnover of 276,700 HKD [1] - Over the past month, IPE Group has experienced a cumulative decline of 1.19%, and since the beginning of the year, the stock has dropped by 16.16%, underperforming the Hang Seng Index, which has risen by 27.69% [2]
国际精密（00929.HK）8月14日收盘上涨9.64%，成交27.67万港元