Hengdian Group DMEGC Magnetics Stock Forum

Analysts predict a significant slowdown in Hengdian Group DMEGC Magnetics Ltd's revenue growth, with estimates showing an annual growth of 11% till 2024, a stark contrast to the past five years' 29% growth rate. The company is also expected to lag behind industry peers.

Despite a strong price move, Hengdian Group DMEGC Magnetics Ltd's P/E still lags behind the market. The low P/E is due to the market's anticipation of limited future growth. These conditions, unless improved, will continue to hinder the share price.

Hengdian Group DMEGC Magnetics Ltd's low P/E ratio may be due to investor's limited growth expectations. The company's poor earnings outlook and associated risks do not justify a higher price-to-earnings ratio.

Core points
1. TOPCon battery supply situation: The current supply is very tight. The leading takeaway company Jietai has a monthly production capacity of about 600MW, and other companies have a small takeaway production capacity in March. The battery supply of TOPCon is expected to remain tight for 2023.
2. TOPCon battery premium: TOPCon battery companies currently have strong bargaining power, and component companies passively acce...