Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $4.44 USD
Change Today +0.27 / 6.47%
Volume 143.8K
HPJ On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

highpower international inc (HPJ) Snapshot

Open
$4.26
Previous Close
$4.17
Day High
$4.57
Day Low
$4.23
52 Week High
09/26/14 - $8.30
52 Week Low
05/19/14 - $3.14
Market Cap
67.0M
Average Volume 10 Days
52.7K
EPS TTM
$0.17
Shares Outstanding
15.1M
EX-Date
--
P/E TM
25.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for HIGHPOWER INTERNATIONAL INC (HPJ)

Related News

No related news articles were found.

highpower international inc (HPJ) Related Businessweek News

No Related Businessweek News Found

highpower international inc (HPJ) Details

Highpower International, Inc. manufactures and trades in nickel metal hydride rechargeable batteries used to power various portable electronic devices. It produces consumer batteries in A, AA, and AAA sizes in blister packing, as well as chargers and battery packs; and industrial batteries, which are designed for electric bikes, power tools, and electric toys. The company also manufactures lithium-ion and lithium polymer rechargeable batteries for applications in laptops, digital cameras, and wireless communication products. In addition, it recycles scrap battery materials through outsourcing; and resells the recycled materials. Highpower International, Inc. sells its rechargeable batteries and charging systems through original equipment manufacturers, as well as distributors and resellers worldwide. The company was formerly known as Hong Kong Highpower Technology, Inc. and changed its name to Highpower International, Inc. in October 2010. Highpower International, Inc. was founded in 2001 and is headquartered in Shenzhen, the People’s Republic of China.

3,950 Employees
Last Reported Date: 03/30/15
Founded in 2001

highpower international inc (HPJ) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $117.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $110.5K
Chief Technology Officer, Vice President and ...
Total Annual Compensation: $103.0K
Compensation as of Fiscal Year 2013.

highpower international inc (HPJ) Key Developments

Highpower International Receives Contract to Produce 100KWH Energy Storage System for China Southern Power Grid Co., Ltd

Highpower International, Inc. announced that it has secured a contract to produce a 100KWH energy storage system (ESS) for China Southern Power Grid Co. Ltd. (CSPG). This ESS system is designed to maintain a balance of supply and demand over the south China grid as part of a long-term energy storage project developed by CSPG. While financial terms of the agreement were not disclosed, the contract is expected to be filled, with all batteries and battery management system (BMS) delivered, by the end of May 2015. GSPG invests, constructs and operates power networks in regions of south China and is one of the larger utility suppliers in the world. This order makes up a critical part of their energy storage station. Power plants take advantage of grid integrated ESS in dealing with fluctuating energy demand. This demand differs over the course of the day, with greater needs during peak hours and lower demand at night. ESS systems such as the one Highpower is producing for CSPG are used for feeding power to the grid at times when consumption that cannot be deferred or delayed exceeds production. In this way, electricity production need not be drastically scaled up and down to meet momentary consumption. Instead, transmission from the combination of generators plus storage facilities is maintained at a more constant level.

Highpower International, Inc. Announces Audited Consolidated Financial Results for the Fourth Quarter and Fiscal Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Highpower International, Inc. announced audited consolidated financial results for the fourth quarter and fiscal year ended December 31, 2014. For the quarter, net sales were $35.3 million compared to $38.4 million for the same period in 2013. The decrease in Net Sales were mainly due to a $1.2 million increase in net sales of Ni-MH batteries, a $0.7 million increases from new material business, and a decline of $4.9 million in sales of Lithium batteries in comparison to the same period in 2013. The decrease was primarily attributable to the temporary delay in certain orders in the fourth quarter. Net income attributable to the company was $2.0 million, or $0.13 per basic and diluted share compared to $1.2 million or $0.09 per basic and diluted share a year ago. EBITDA increased 30.1% to $3.3 million from $2.5 million in the prior year period. Income from operations was $718,373 against $1,278,940 a year ago. Income before taxes was $1,940,385 against $1,339,748 a year ago. Non-GAAP EBITDA was $2,208,880 against $2,809,696 a year ago. Non-GAAP net income was $907,602 against $1,479,008 a year ago. For the year, net sales were $147.1 million, compared to $132.8 million at December 31, 2013. The increase was due to a $10.5 million increase in net sales of lithium batteries, a $2.1 million increase in net sales of Ni-MH batteries, and a $1.7 million increase from new material business. Net income attributable to the company was $2.8 million or $0.18 per diluted share compared to $1.5 million or $0.11 per basic and share based on 13.7 million, both basic and diluted, in the same period of 2013. EBITDA increased 47.8% to $9.4 million from $6.3 million in 2013. Income from operations was $3,215,546 against $2,165,442 a year ago. Income before taxes was $3,191,185 against $2,056,805 a year ago. Net cash flows provided by operating activities was $15,119,550 against $9,394,200 a year ago. Acquisition of plant and equipment was $8,881,328 against $19,981,373 a year ago. Non-GAAP EBITDA was $10,555,485 against $6,769,751 a year ago. Non-GAAP net income was $3,935,874 against $1,880,997 a year ago. The company provided earnings guidance for the year 2015. The company expects 2015 revenues to be between $160 million to $170 million, and non-GAAP net income of between $5.0 million and $6.0 million, and net income of between $4.0 million and $5.0 million.

Highpower International, Inc. to Report Q4, 2014 Results on Mar 24, 2015

Highpower International, Inc. announced that they will report Q4, 2014 results at 10:00 AM, US Eastern Standard Time on Mar 24, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HPJ:US $4.44 USD +0.27

HPJ Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Coslight Technology International Group Co Ltd $4.93 HKD +0.30
GS Yuasa Corp ¥566.00 JPY +1.00
Panasonic Corp ¥1,696 JPY -28.00
View Industry Companies
 

Industry Analysis

HPJ

Industry Average

Valuation HPJ Industry Range
Price/Earnings 24.4x
Price/Sales 0.5x
Price/Book 1.7x
Price/Cash Flow 24.3x
TEV/Sales 0.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HIGHPOWER INTERNATIONAL INC, please visit www.highpowertech.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.