Limit up to new all-time high: Zhejiang XCC Group (603667.SH) with a latest P/E ratio of 171.49 times, far higher than the industry average.
26/02/2025
GMT Eight
Zhejiang XCC Group (603667.SH) announced that the closing price of the company's stock deviated by more than 20% for three consecutive trading days on February 24th, 25th, and 26th, 2025. According to the relevant provisions of the Shanghai Stock Exchange Trading Rules, this constitutes abnormal fluctuation in stock price.
After a self-inspection, the company confirmed that its production and operation are normal, and its domestic business is stable. Due to changes in Mexican policies and operating environment, the company's Mexican factory's performance in 2024 fell short of expectations, resulting in a loss of nearly 20 million in the first three quarters. There have been no major changes in the internal and external environment, nor are there any expected major changes. The company does not have any other significant information that needs to be disclosed but has not been disclosed.
As of February 26, 2025, the company's latest TTM price-to-earnings ratio is 171.49 times. According to data from Wind Financial Terminal, the company's industry classification by the China Securities Regulatory Commission is "C34 General Equipment Manufacturing", with a TTM price-to-earnings ratio of 51.91 times, deviating from the industry by 230.36%. The company's TTM price-to-earnings ratio valuation is significantly higher than the industry average. Investors are advised to be aware of investment risks.