Twelve stocks have already doubled in price.
Recently, the robot concept has remained active in the A-share market.
Last Friday, Zhejiang XCC Group had six consecutive limit-ups, tianyu digital technology had three limit-ups in five days, aishida co.,ltd. reached its first limit-up, keli sensing technology once hit the limit-up but ultimately closed with a 6.29% increase, shenzhen everwin precision technology and suzhou veichi electric rose over 10%, xianglou new materials increased over 6%, and kailida rose over 5%.
Since September 24, the humanoid robot sector has seen the stock prices of 12 individual stocks double.
Among them, guangdong topstar technology has risen over 250%, greatoo intelligent equipment inc. has increased over 166%, jiebang technology has risen over 164%, keli sensing technology has increased over 157%, the robot sector has risen over 143%, shanghai beite technology has risen over 142%, zhejiang xcc group has increased over 135%, shenzhen zhaowei machinery & electronics has risen over 133%, zhejiang zhongjian technology has risen over 132%, leader harmonious drive systems and ningbo shuanglin auto parts have risen over 110%, and jl mag rare-earth has increased over 107%.
Many stocks are warning of risks.
As stock prices surge, Zhejiang XCC Group has issued multiple announcements warning of risks.
Zhejiang XCC Group stated that the company's stock has risen significantly in the short term, far exceeding the increase of the industry and the SSE composite index, which indicates unusual fluctuations of the stocks and suggests the possibility of overheated market sentiment.
On December 7, Keli Sensing Technology announced that as of December 6, the company's latest TTM PE ratio was 64.41 times, at a historical high level, and advised investors to be aware of investment risks.
In addition, Suzhou Veichi Electric, Aishida Co., Ltd., and Tianyu Digital Technology also released notices of unusual stock trading fluctuations warning of risks.
The leading stock with six consecutive gains clarifies.
As the leader of this round of market changes, the sharp rise of Zhejiang XCC Group is partly due to the surge in interest in its name and also involves the robot concept.
According to the information, Zhejiang XCC Group is among the top five bearing manufacturers in the world, with its main business focusing on the research, development, production, and sales of bearings and components, auto parts, hardware, and ship parts.
On November 28, Tesla's robot official account released a message showcasing the dexterous finger bending ability of Optimus and announced that the main joint module of the Tesla humanoid robot has entered the fixed-phase stage.
Previously, Zhejiang XCC Group stated that it would undergo a business transformation:
transforming from traditional precision components in the industry to components for new energy vehicles, wind power rollers, and core components for embodied intelligent robot actuators, thereby entering a new track in new energy and AI hardware construction.
In the field of embodied intelligent robots, the company has successively developed products such as dexterous micro ball screws and linear actuator planetary ball screws.
Moreover, Zhejiang XCC Group is already a supplier for Tesla, and the demonstration of the finger bending ability of the Tesla humanoid robot coincides with the company's products, thereby sparking limitless market imagination.
However, Zhejiang XCC Group has made a clarification regarding this matter:
The company's screw products are new products developed based on the technology of bearing products, currently including three types: trapezoidal screws (sliding screws), ball screw pairs, and planetary roller screws.
From 2024 to date, the cumulative invoiced revenue of screw products is approximately 6.8 million yuan, including tax (including automotive screw products), accounting for 0.22% of the total revenue in 2023, which is very small and does not impact the company's performance.Currently, the company mainly provides semi-finished screw products for internal thread grinding processes as a second-level supplier to the Hangzhou company, and a small portion of finished products has been sent for sampling; the company is still unable to determine the downstream customers of the Hangzhou company.
Zhejiang XCC Group indicates that there is a serious risk of the company's stock price deviating from reasonable valuation. As of December 6, the company's latest TTM pe is 94.93 times, while the latest TTM pe of the industry classification "C34 General Equipment Manufacturing" is 44.96 times, indicating that the company's TTM pe valuation is higher than that of the industry.
In the first three quarters of this year, Zhejiang XCC Group achieved revenue of 2.473 billion yuan, a year-on-year decline of 1.76%; the net income attributable to the parent company was 98.233 million yuan, a year-on-year decline of 19.98%.
Looking at the third quarter alone, Zhejiang XCC Group achieved a net income of 23.18 million yuan, a year-on-year decline of 41.6%. Overall, there is a risk that the company's annual performance will not meet expectations.
In addition, Zhejiang XCC Group's net income margin is very low, with net income margins of 5.39%, 4.96%, 4.63%, and 4.1% from 2021 to the first three quarters of 2024.
It can be seen that the fundamentals of Zhejiang XCC Group show signs of deterioration, but after a significant rise in stock price, the pe is nearly 95 times, and the robot-related business is still unclear.