Avary Holding (Shenzhen) Co (002938) Stock Price, Fundamentals & Analysis

What 002938 does

Avary Holding (Shenzhen) Co (002938) designs, develops, manufactures, and sells printed circuit boards used in communication, consumer electronics, computers, automotive electronics, and industrial control. It also operates in property leasing, warehousing, electronic product wholesale, water pollution control, environmental consulting, and real estate. The company is a subsidiary of Shenzhen Meigang Industrual Co., Ltd and is listed on the Shenzhen Stock Exchange. It operates in the Technology sector, Electronic Components industry, and is headquartered in Shenzhen, China.

Key numbers explained

• 82.94 CNY is the current share price — the last traded price on the Shenzhen Stock Exchange.
• -5.95% is the price change today, showing the session’s intraday move relative to the previous close.
• 192.22B CNY is the market capitalisation, calculated by multiplying the share price by total shares outstanding.
• The trailing P/E ratio of 50.9 divides the current price by the last 12 months’ earnings per share (1.63 CNY), while the forward P/E ratio of 24.8 uses expected future earnings.
• The dividend yield of 1.21% shows the annual dividend as a percentage of the share price, with 61% of earnings paid out as dividends and an ex-dividend date of 12 iun. 2026.
• Beta of 1.25 indicates the stock’s historical volatility relative to the market; a value above 1 means it has tended to move more than the market.
• The 52-week range of 42,21 – 123,1 shows the lowest and highest prices over the past year, with the current price near the lower end of that range.
• 39.99 mld. CNY is trailing 12-month revenue, growing 11.4% year over year, with a profit margin of 9.5% and operating margin of 7.4%.

What to watch

• Sector and industry trends: as a Technology / Electronic Components company, Avary Holding (Shenzhen) Co (002938) is sensitive to global demand for printed circuit boards and broader semiconductor cycles.
• Peer comparison: investors often compare it with other Shenzhen-listed electronics names such as BOE Technology Group (000725), Chaozhou Three-Circle (300408), and Suzhou Maxwell Technologies (300751).
• Valuation ratios: the trailing P/E of 50.9 is relatively high compared with the forward P/E of 24.8, which reflects market expectations about future earnings growth.
• Profitability and margins: the profit margin of 9.5% and operating margin of 7.4% show how much of each revenue yuan translates into profit and operating income.
• Balance sheet and leverage: a debt-to-equity ratio of 24.6% indicates a relatively low level of debt compared with shareholders’ equity.
• Dividend policy: the 61% payout ratio and 1.21% yield show the portion of earnings returned to shareholders, with the next ex-dividend date on 12 iun. 2026.
• Price history: the 52-week range of 42,21 – 123,1 and the 45.1% price change over the last 52 weeks illustrate the stock’s recent volatility and recovery.
• Market context: as a Shenzhen Stock Exchange stock, it is part of the broader Chinese equity market and can be tracked alongside peers like AVIC Jonhon Optronic Technology (002179), Yealink Network Technology (300628), and SG Micro (300661).