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Last $2.18 USD
Change Today -0.01 / -0.46%
Volume 73.8K
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

highpower international inc (HPJ) Snapshot

Open
$2.18
Previous Close
$2.19
Day High
$2.25
Day Low
$2.10
52 Week High
09/26/14 - $8.30
52 Week Low
08/24/15 - $2.01
Market Cap
32.9M
Average Volume 10 Days
73.7K
EPS TTM
$0.30
Shares Outstanding
15.1M
EX-Date
--
P/E TM
7.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for HIGHPOWER INTERNATIONAL INC (HPJ)

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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: $67.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $87.0K
Chief Technology Officer, Vice President and ...
Total Annual Compensation: $77.0K
Compensation as of Fiscal Year 2014.

highpower international inc (HPJ) Key Developments

Highpower International, Inc., Board Meeting, Aug 13, 2015

Highpower International, Inc., Board Meeting, Aug 13, 2015. Agenda: To consider and approve the payment of the interim dividend from net profit of six months from January, 2015 to June 2015.

Highpower International, Inc. AnnounceS Unaudited Consolidated Results for the Second Quarter and Six Months Ended June 30, 2015; Reaffirms Earnings Guidance for the Full Year 2015

Highpower International, Inc. announced unaudited consolidated results for the second quarter and six months ended June 30, 2015. Net sales for the second quarter ended June 30, 2015 were $38.6 million compared to $38.1 million for the same period in 2014. The 1.3% increase in net sales compared to the same period in 2014 was mainly due to a $4.6 million improvement in net sales of Lithium batteries, offset by a decline of $3.4 million in sales of Ni-MH batteries and $0.7 million in sales of new material business. Adjusted EBITDA improved to $3.5 million, compared to $2.8 million. For the second quarter of 2015, net income attributable to the Company was $1.9 million, or $0.12 per diluted share based on 15.4 million weighted average diluted shares outstanding, compared to net income of $0.8 million, or $0.05 per diluted share based on 15.3 million weighted average diluted shares outstanding. Non-GAAP net income attributable to the Company was $2.1 million, or $0.13 per diluted share, compared to a non-GAAP net income of $1.3 million, or $0.08 per diluted share, in the prior year period. EBITDA for the second quarter ended June 30, 2015 improved to $3.3 million from $2.4 million in the prior year period. Income before taxes was $1,784,890 against $1,083,093 a year ago. Income from operations was $1,618,478 against $1,120,753 a year ago. Net sales for the six months ended June 30, 2015 were $70.8 million, an increase of 5.2% compared to $67.3 million for the same prior year period. This increase was attributable to an increase of $8.0 million in sales of Lithium batteries, offset by a $4.1 million decrease in net sales of Ni-MH batteries and $0.4 million decrease in new material business. For the six months ended June 30, 2015, net income attributable to the Company was $1.7 million, or $0.12 per diluted share based on 15.5 million weighted average diluted shares outstanding, compared to net loss of $0.1 million, or $0.01 per diluted share based on 14.4 million weighted average diluted shares outstanding. Non-GAAP net income attributable to the Company was $1.7 million, or $0.11 per diluted share, compared to a non-GAAP net income of $0.7 million, or $0.05 per diluted share, in the prior year period. EBITDA for first half of 2015 increased 67.6% to $4.5 million from $2.7 million for the six months ended June 30, 2014. Net cash flows used in operating activities was $5,954,625 against net cash flows provided by operating activities of $4,819,177 for the same period a year ago. Acquisition of plant and equipment was $4,047,717 against $3,503,027 a year ago. Income before taxes was $1,521,067 against $4,997 a year ago. Income from operations was $1,046,906 against $96,618 a year ago. Based on current expectations for global demand in the rechargeable battery market in 2015 and the continued trends toward mobile power sources, higher-value energy storage systems and transportation products, the Company is reaffirming its 2015 guidance of 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 Q2, 2015 Results on Aug 10, 2015

Highpower International, Inc. announced that they will report Q2, 2015 results at 10:00 AM, US Eastern Standard Time on Aug 10, 2015

 

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HPJ Competitors

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Industry Analysis

HPJ

Industry Average

Valuation HPJ Industry Range
Price/Earnings 7.4x
Price/Sales 0.2x
Price/Book 0.8x
Price/Cash Flow 7.1x
TEV/Sales NM Not Meaningful
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