China Power Equipment

CPQQ

Hardware, Equipment & Parts · Technology

Price

$0.01

+0.00 (+0.00%)

Market Cap

$100,953

Winston Score

Winston is serious

Mixed quality — meaningful strengths and weaknesses.

Share count rising — dilution

+114.5% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 11.0M (2008) → 23.7M (2012)

China Power Equipment, Inc. makes electrical transformers and related power equipment. Its products help move electricity from power plants to homes, businesses, and factories. The company sells mainly to electric utilities and industrial customers in China.

The company earns money by manufacturing and selling hardware — primarily transformers used in power distribution networks. It operates almost entirely within China, which is both its core market and its main geographic concentration. China's ongoing investment in grid infrastructure and rural electrification has supported demand, but the company is small, with a market cap near zero, which raises questions about liquidity and financial transparency. The biggest risk is its limited public disclosure and the challenges investors face in verifying financials for small Chinese companies listed in the United States.

Winston Score History

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

24.8%

Thin — 24.8% gross margin

Operating Margin

21.3%

Excellent — 21.3% operating margin

ROCE

4.2%

Weak — 4.2% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

-6.8%

Shrinking sales (-6.8% YoY)

EPS YoY

-15.2%

Earnings shrinking (-15.2% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

EPS Consistency

0/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

165%

Turns 165% of profit into real cash

FCF Margin

27.3%

Converts sales into free cash efficiently (27.3%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

0.00

Conservative — low debt load (0.00)

Interest Cover

524.12x

Comfortably covers interest (524.1x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

0.0x

Attractive valuation — P/E 0.0

P/E under 10. The price tag is small relative to last year's profit.

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial