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Companies Industrials 1608.TW
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1608.TW TWSE Electrical Components & Equipment

Zhongmiao Holdings Qingdao Co Ltd

$33,45
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Mcap
P/E
EV / Rev
Div yield
3,06 %
Op margin
8,2 %
ROE
24,4 %
Net margin
20,6 %
Debt / equity
0,38
Beta
52w range
Volume
Day range
Prev close
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Next earnings
Ex-dividend
TR 1Y
About

Zhongmiao Holdings Qingdao Co Ltd is an industrial goods company specializing in electrical components and equipment, generating revenue primarily through the production and sale of industrial electrical systems and related products.

Business. Zhongmiao Holdings Qingdao Co Ltd (1608.TW) is an industrial goods company engaged in the electrical components and equipment industry. The firm operates primarily through the sale of products within this sector. It is headquartered in Qingdao and is listed on the Taiwan Stock Exchange. Specific details regarding operating segments or geographic revenue mix are not available.

Classification92 %
SectorIndustrials
Business sectorIndustrial Goods
IndustryElectrical Components & Equipment
ActivityIndustrial Goods
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
24,4 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 1608.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 1608.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Zhongmiao Holdings Qingdao Co Ltd (1608.TW) is an industrial goods company engaged in the electrical components and equipment industry. The firm operates primarily through the sale of products within this sector. It is headquartered in Qingdao and is listed on the Taiwan Stock Exchange. Specific details regarding operating segments or geographic revenue mix are not available.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial Goods
    IndustryElectrical Components & Equipment
    ActivityIndustrial Goods
    AI synthesis
    GENERATED

    Zhongmiao Holdings Qingdao Co Ltd maintains a relatively balanced capital structure, with a debt-to-equity ratio of 0.38, indicating a moderate reliance on debt financing. The company's liquidity position is characterized as medium risk, with a current ratio of 1.83, suggesting it can cover short-term obligations but with limited excess capacity. Free cash flow of 1.77 billion CNY supports operational flexibility, though operating cash flow is negative at -164.58 million CNY, signaling potential working capital constraints.

    Profitability metrics show strong performance, with a return on equity (ROE) of 24.37% and a return on assets (ROA) of 14.12%, both exceeding the median for the Electrical Components & Equipment industry. The company's net income of 2.33 billion CNY and operating income of 923.96 million CNY reflect robust earnings power relative to its asset base.

    The company's revenue is concentrated in a single disclosed segment, with no geographic breakdown provided in the latest financial data. This lack of diversification may expose the company to regional economic or regulatory risks, though the input data does not specify the geographic distribution of its revenue.

    Growth trajectory appears stable, with no explicit forward-looking guidance provided in the input data. Historical revenue of 11.33 billion CNY suggests a mature business with limited recent growth signals. The absence of a clear revenue outlook or segment-specific growth projections limits visibility into future performance.

    Risk factors include a medium liquidity risk and a low dilution risk. The company's net cash position is negative after subtracting total debt, which could constrain its ability to fund operations or capital expenditures without external financing. No dilution sources are identified in the input data, and the dilution risk is assessed as low.

    Recent events or filings are not detailed in the input data, and no transcripts or disclosures are provided to assess management commentary or strategic direction. The absence of recent events limits the ability to evaluate the company's response to market or industry changes.

    Key takeaways
    • Strong profitability metrics (ROE of 24.37%, ROA of 14.12%) indicate efficient use of capital and assets.
    • Moderate debt-to-equity ratio (0.38) suggests a balanced capital structure with limited leverage risk.
    • Negative operating cash flow (-164.58 million CNY) raises concerns about working capital management.
    • Revenue concentration in a single segment and lack of geographic diversification increase exposure to sector-specific risks.
    • No dilution risk is currently identified, but the negative net cash position may necessitate future financing.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $33,45
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $9.58B
    Net cash
    -$3.63B
    Current ratio
    1.8
    Debt / equity
    0.4
    ROA
    14.1%
    ROE
    24.4%
    Cash conversion
    -7.0%
    CapEx / revenue
    -2.6%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin8,2 %Above median
    Net Margin20,6 %Best in class
    ROE24,4 %Best in class
    Capex / Rev-2,6 %Above median
    D/E0,38Below median
    Cash Conv-0,07Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Zhongmiao Holdings Qingdao Co Ltd Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    1608.TWCanonical
    TWSE · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage