Skip to main content

Zhejiang Chint Electrics Co (601877.SHG) Stock Price and Company Information, 2024

Zhejiang Chint Electrics Co

601877.SHG

Exchange: SHG
Currency Renminbi
ISIN: CNE100000KD8
Primary Ticker: 601877.SHG
Fiscal Year End: December
IPO Date: 2010-01-21
International Domestic: International
Sector: Industrials
Industry: Electrical Equipment & Parts
Gic Sector: Industrials
Gic Group: Capital Goods
Gic Industry: Electrical Equipment
Gic Sub Industry: Electrical Components & Equipment
Description: Zhejiang Chint Electrics Co., Ltd., through its subsidiaries, develops and sells low-voltage electrical products in China. It offers modular DIN rail products, molded case circuit breaker, air circuit breakers, contactors, thermal relays, starters, pilot devices, inverters and soft-starters, relays, LV capacitors, switch disconnectors, fuse-switch disconnectors, changeover switches, travel switches, universal changeover switches, and connection terminals, as well as low voltage VT, AVR, CT, and PT products. The company also provides power transformers, gas insulated switchgears, HV air-insulated switchgears, prefabricated substations, MV and LV switchgears, MV apparatus, power protection devices, surge arresters, capacitors, insulators, CT and PT products, and cables; monitoring, gas, and electricity meters; wall switches and LED lights; PV modules, grid-tied PV inverters, system products, and monitoring systems; and electronic parts, horns, and distributed control systems. In addition, it offers solar and metering solutions. The company was founded in 1984 and is headquarter in Yueqing, China.
Address: No. 1, Zhengtai Road, Yueqing, China, 325603
Website: https://chintglobal.com
Full Time Employees: 36505
Updated On: 2024-11-04

Highlights

Market Capitalization: 49877590016
Market Capitalization Mln: 49877.59
EBITDA: 9825311744
PE Ratio: 11.84
Wall Street Target Price: 28.21
Book Value: 19.42
Earnings Share: 1.96
EPS Estimate Next Year: 2.07
Most Recent Quarter: 2024-06-30
Profit Margin: 0.06
Operating Margin TTM: 0.15
Return On Assets TTM: 0.03
Return On Equity TTM: 0.11
Revenue TTM: 61040644096
Revenue Per Share TTM: 28.53
Quarterly Revenue Growth YOY: 0.18
Gross Profit TTM: 10553838856
Diluted Eps TTM: 1.96
Quarterly Earnings Growth YOY: 0.42

Valuation

Trailing PE: 11.84
Price Sales TTM: 0.81
Price Book MRQ: 1.18
Enterprise Value: 78631207045
Enterprise Value Revenue: 1.28
Enterprise Value Ebitda: 9.48

Technicals

Beta: 1.09
52 Week High: 25.01
52 Week Low: 16.93
50 Day MA: 19.75
200 Day MA: 19.96

Splits & Dividends

Payout Ratio: 0.28
Ex Dividend Date: 2024-06-27
Last Split Factor: 13:10
Last Split Date: 2015-05-21

Earnings

Report Date: 2024-04-29
Date: 2024-03-31
Before After Market: After Market
Currency: CNY
Eps Actual: 0.32
Report Date: 2023-10-30
Date: 2023-09-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.52
Report Date: 2023-08-30
Date: 2023-06-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.32
Eps Estimate: 0.62
Eps Difference: -0.3
Surprise Percent: -48.38
Report Date: 2023-04-29
Date: 2023-03-31
Before After Market: Before Market
Currency: CNY
Eps Actual: 0.56
Eps Estimate: 0.29
Eps Difference: 0.27
Surprise Percent: 93.10
Report Date: 2022-12-31
Date: 2022-12-31
Currency: CNY
Eps Actual: 0.38
Eps Estimate: 0.62
Eps Difference: -0.24
Surprise Percent: -38.70
Report Date: 2022-10-28
Date: 2022-09-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.71
Eps Estimate: 0.63
Eps Difference: 0.08
Surprise Percent: 12.69
Report Date: 2022-08-30
Date: 2022-06-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.53
Eps Estimate: 1.25
Eps Difference: -0.72
Surprise Percent: -57.
Report Date: 2022-04-30
Date: 2022-03-31
Before After Market: After Market
Currency: CNY
Eps Actual: 0.27
Eps Estimate: 0.07
Eps Difference: 0.2
Surprise Percent: 285.71
Report Date: 2021-12-31
Date: 2021-12-31
Currency: CNY
Eps Actual: 0.29
Eps Estimate: 0.85
Eps Difference: -0.56
Surprise Percent: -65.88
Report Date: 2021-10-29
Date: 2021-09-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.43
Eps Estimate: 0.41
Eps Difference: 0.02
Surprise Percent: 4.87
Report Date: 2021-08-26
Date: 2021-06-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.8
Eps Estimate: 0.52
Eps Difference: 0.28
Surprise Percent: 53.84
Report Date: 2021-04-28
Date: 2021-03-31
Before After Market: After Market
Currency: CNY
Eps Actual: 0.06
Eps Estimate: 1.47
Eps Difference: -1.41
Surprise Percent: -95.91
Report Date: 2020-10-29
Date: 2020-09-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.58
Eps Estimate: 0.53
Eps Difference: 0.05
Surprise Percent: 9.43
Report Date: 2020-08-27
Date: 2020-06-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.68
Eps Estimate: 0.47
Eps Difference: 0.21
Surprise Percent: 44.68
Report Date: 2020-04-28
Date: 2020-03-31
Before After Market: After Market
Currency: CNY
Eps Actual: 0.42
Eps Estimate: 0.51
Eps Difference: -0.09
Surprise Percent: -17.64
Report Date: 2019-10-24
Date: 2019-09-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.5
Eps Estimate: 0.53
Eps Difference: -0.03
Surprise Percent: -5.66
Report Date: 2019-08-29
Date: 2019-06-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.58
Eps Estimate: 0.63
Eps Difference: -0.05
Surprise Percent: -7.93
Report Date: 2019-04-25
Date: 2019-03-31
Before After Market: After Market
Currency: CNY
Eps Actual: 0.38
Eps Estimate: 0.4
Eps Difference: -0.02
Surprise Percent: -
Report Date: 2018-10-25
Date: 2018-09-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.47
Eps Estimate: 2.11
Eps Difference: -1.64
Surprise Percent: -77.72
Report Date: 2018-08-16
Date: 2018-06-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.54
Eps Estimate: 2.66
Eps Difference: -2.12
Surprise Percent: -79.69
Report Date: 2018-04-21
Date: 2018-03-31
Before After Market: Before Market
Currency: CNY
Eps Actual: 0.28
Eps Estimate: 0.41
Eps Difference: -0.13
Surprise Percent: -31.70
Report Date: 2018-02-28
Date: 2017-12-31
Currency: CNY
Eps Actual: 0.40
Report Date: 2017-10-28
Date: 2017-09-30
Before After Market: Before Market
Currency: CNY
Eps Actual: 0.33
Report Date: 2017-08-31
Date: 2017-06-30
Before After Market: Before Market
Currency: CNY
Eps Actual: 0.42
Report Date: 2017-04-23
Date: 2017-03-31
Before After Market: After Market
Currency: CNY
Eps Actual: 0.97
Eps Estimate: 0.34
Eps Difference: 0.63
Surprise Percent: 185.29
Report Date: 2016-12-31
Date: 2016-12-31
Currency: CNY
Eps Actual: 0.97
Eps Estimate: 0.34
Eps Difference: 0.63
Surprise Percent: 185.29
Report Date: 2016-10-24
Date: 2016-09-30
Before After Market: Before Market
Currency: CNY
Eps Actual: 0.36
Eps Estimate: 0.59
Eps Difference: -0.23
Surprise Percent: -38.98
Report Date: 2016-08-15
Date: 2016-06-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.36
Eps Estimate: 0.55
Eps Difference: -0.19
Surprise Percent: -34.54
Report Date: 2016-04-15
Date: 2016-03-31
Before After Market: After Market
Currency: CNY
Eps Actual: 0.36
Eps Estimate: 0.49
Eps Difference: -0.13
Surprise Percent: -26.53
Report Date: 2016-03-02
Date: 2015-12-31
Currency: CNY
Eps Actual: 0.35
Report Date: 2015-10-30
Date: 2015-09-30
Before After Market: Before Market
Currency: CNY
Eps Actual: 0.37
Eps Estimate: 0.53
Eps Difference: -0.16
Surprise Percent: -30.18
Report Date: 2015-08-17
Date: 2015-06-30
Before After Market: After Market
Currency: CNY
Eps Actual: 0.48
Eps Estimate: 0.49
Eps Difference: -0.01
Surprise Percent: -2.04
Report Date: 2015-04-29
Date: 2015-03-31
Before After Market: After Market
Currency: CNY
Eps Actual: 0.23
Eps Estimate: 0.28
Eps Difference: -0.05
Surprise Percent: -17.85
Report Date: 2015-02-25
Date: 2014-12-31
Currency: CNY
Eps Actual: 0.39
Report Date: 2014-10-25
Date: 2014-09-30
Currency: CNY
Eps Actual: 0.39
Eps Estimate: 0.41
Eps Difference: -0.02
Surprise Percent: -4.87
Report Date: 2014-08-23
Date: 2014-06-30
Before After Market: Before Market
Currency: CNY
Eps Actual: 0.39
Eps Estimate: 0.38
Eps Difference: 0.01
Surprise Percent: 2.63
Report Date: 2014-05-28
Date: 2014-03-31
Currency: CNY
Eps Actual: 0.22
Report Date: 2014-02-26
Date: 2013-12-31
Currency: CNY
Eps Actual: 0.33
Report Date: 2013-11-27
Date: 2013-09-30
Currency: CNY
Eps Actual: 0.33
Report Date: 2013-06-30
Date: 2013-06-30
Currency: CNY
Eps Actual: 0.32
Report Date: 2013-03-31
Date: 2013-03-31
Currency: CNY
Eps Actual: 0.18
Report Date: 2012-12-31
Date: 2012-12-31
Currency: CNY
Eps Actual: 0.26
Report Date: 2012-09-30
Date: 2012-09-30
Currency: CNY
Eps Actual: 0.26
Report Date: 2012-06-30
Date: 2012-06-30
Currency: CNY
Eps Actual: 0.22
Report Date: 2012-03-31
Date: 2012-03-31
Currency: CNY
Eps Actual: 0.15
Report Date: 2011-12-31
Date: 2011-12-31
Currency: CNY
Eps Actual: 0.15
Report Date: 2011-09-30
Date: 2011-09-30
Currency: CNY
Eps Actual: 0.16
Report Date: 2011-06-30
Date: 2011-06-30
Currency: CNY
Eps Actual: 0.18
Report Date: 2011-03-31
Date: 2011-03-31
Currency: CNY
Eps Actual: 0.12
Report Date: 2010-12-31
Date: 2010-12-31
Currency: CNY
Eps Actual: 0.06
Report Date: 2010-09-30
Date: 2010-09-30
Currency: CNY
Eps Actual: 0.14
Report Date: 2010-06-30
Date: 2010-06-30
Currency: CNY
Eps Actual: 0.16
Report Date: 2010-03-31
Date: 2010-03-31
Currency: CNY
Eps Actual: 0.11
Date: 2024-12-31
Period: +1y
Growth: -0.05
Earnings Estimate Avg: 2.07
Earnings Estimate Low: 2.00
Earnings Estimate High: 2.20
Earnings Estimate Year Ago Eps: 2.18
Earnings Estimate Number Of Analysts: 7.00
Earnings Estimate Growth: -0.05
Revenue Estimate Avg: 65761400000.00
Revenue Estimate Low: 59856000000.00
Revenue Estimate High: 71557400000.00
Revenue Estimate Number Of Analysts: 7.00
Revenue Estimate Growth: 0.14
Eps Trend Current: 2.07
Eps Trend7days Ago: 2.07
Eps Trend30days Ago: 2.07
Eps Trend60days Ago: 2.16
Eps Trend90days Ago: 2.45
Date: 2023-12-31
Growth: 0.15
Earnings Estimate Year Ago Eps: 1.89
Earnings Estimate Growth: 0.15
Revenue Estimate Avg: 57250800000.00
Revenue Estimate Low: 47904000000.00
Revenue Estimate High: 66258500000.00
Revenue Estimate Number Of Analysts: 5.00
Revenue Estimate Growth: 0.24
Eps Trend7days Ago: 2.18
Eps Trend30days Ago: 2.18
Eps Trend60days Ago: 2.18
Eps Trend90days Ago: 2.18
Date: 2023-09-30
Growth: 0.15
Earnings Estimate Year Ago Eps: 0.71
Earnings Estimate Growth: 0.15
Revenue Estimate Avg: 14769400000.00
Revenue Estimate Low: 7460730000.00
Revenue Estimate High: 7460730000.00
Revenue Estimate Number Of Analysts: 1.00
Revenue Estimate Growth: 0.28
Eps Trend7days Ago: 0.61
Eps Trend30days Ago: 0.61
Eps Trend60days Ago: 0.61
Eps Trend90days Ago: 0.61
Date: 2023-06-30
Growth: 1.29
Earnings Estimate Avg: 0.62
Earnings Estimate Low: 0.62
Earnings Estimate High: 0.62
Earnings Estimate Year Ago Eps: 0.27
Earnings Estimate Number Of Analysts: 1.00
Earnings Estimate Growth: 1.29
Revenue Estimate Avg: 8383090000.00
Revenue Estimate Low: 8383090000.00
Revenue Estimate High: 8383090000.00
Revenue Estimate Number Of Analysts: 1.00
Revenue Estimate Growth: -0.35
Eps Trend Current: 0.62
Eps Trend7days Ago: 0.62
Eps Trend30days Ago: 0.62
Eps Trend60days Ago: 0.62
Eps Trend90days Ago: 0.62
Date: 2023-03-31
Period: +1q
Growth: 0.07
Earnings Estimate Avg: 0.29
Earnings Estimate Low: 0.29
Earnings Estimate High: 0.29
Earnings Estimate Year Ago Eps: 0.27
Earnings Estimate Number Of Analysts: 1.00
Earnings Estimate Growth: 0.07
Revenue Estimate Avg: 8194010000.00
Revenue Estimate Low: 8194010000.00
Revenue Estimate High: 8194010000.00
Revenue Estimate Number Of Analysts: 1.00
Revenue Estimate Growth: -0.23
Eps Trend Current: 0.29
Eps Trend7days Ago: 0.29
Eps Trend30days Ago: 0.29
Eps Trend60days Ago: 0.29
Eps Trend90days Ago: 0.29
Date: 2022-12-31
Growth: 0.43
Earnings Estimate Avg: 2.26
Earnings Estimate Low: 2.06
Earnings Estimate High: 2.48
Earnings Estimate Year Ago Eps: 1.58
Earnings Estimate Number Of Analysts: 6.00
Earnings Estimate Growth: 0.43
Revenue Estimate Avg: 47308100000.00
Revenue Estimate Low: 40344100000.00
Revenue Estimate High: 58666100000.00
Revenue Estimate Number Of Analysts: 5.00
Revenue Estimate Growth: 0.21
Eps Trend Current: 2.26
Eps Trend7days Ago: 2.26
Eps Trend30days Ago: 2.26
Eps Trend60days Ago: 2.23
Eps Trend90days Ago: 2.24
Date: 2022-09-30
Growth: 0.46
Earnings Estimate Avg: 0.63
Earnings Estimate Low: 0.61
Earnings Estimate High: 0.65
Earnings Estimate Year Ago Eps: 0.43
Earnings Estimate Number Of Analysts: 2.00
Earnings Estimate Growth: 0.46
Revenue Estimate Avg: 13625200000.00
Revenue Estimate Low: 13625200000.00
Revenue Estimate High: 13625200000.00
Revenue Estimate Number Of Analysts: 1.00
Revenue Estimate Growth: 0.09
Eps Trend Current: 0.63
Eps Trend7days Ago: 0.63
Eps Trend30days Ago: 0.63
Eps Trend60days Ago: 0.67
Eps Trend90days Ago: 0.67
Date: 2022-06-30
Growth: 0.56
Earnings Estimate Avg: 1.25
Earnings Estimate Low: 1.25
Earnings Estimate High: 1.25
Earnings Estimate Year Ago Eps: 0.80
Earnings Estimate Number Of Analysts: 1.00
Earnings Estimate Growth: 0.56
Revenue Estimate Avg: 10408100000.00
Revenue Estimate Low: 10408100000.00
Revenue Estimate High: 10408100000.00
Revenue Estimate Number Of Analysts: 1.00
Revenue Estimate Growth: 0.11
Eps Trend Current: 1.25
Eps Trend7days Ago: 1.25
Eps Trend30days Ago: 1.25
Eps Trend60days Ago: 1.25
Eps Trend90days Ago: 1.25
Date: 2022-03-31
Growth: -0.87
Earnings Estimate Avg: 0.07
Earnings Estimate Low: 0.07
Earnings Estimate High: 0.07
Earnings Estimate Year Ago Eps: 0.58
Earnings Estimate Number Of Analysts: 1.00
Earnings Estimate Growth: -0.87
Revenue Estimate Avg: 8638060000.00
Revenue Estimate Low: 8638060000.00
Revenue Estimate High: 8638060000.00
Revenue Estimate Number Of Analysts: 1.00
Revenue Estimate Growth: 0.25
Eps Trend Current: 0.07
Eps Trend7days Ago: 0.07
Eps Trend30days Ago: 0.07
Eps Trend60days Ago: 0.07
Eps Trend90days Ago: 0.07
Date: 2021-12-31
Earnings Estimate Avg: 2.11
Earnings Estimate Low: 2.00
Earnings Estimate High: 2.21
Earnings Estimate Number Of Analysts: 10.00
Revenue Estimate Avg: 39979800000.00
Revenue Estimate Low: 36028000000.00
Revenue Estimate High: 42967200000.00
Revenue Estimate Number Of Analysts: 7.00
Eps Trend Current: 2.11
Eps Trend7days Ago: 2.11
Eps Trend30days Ago: 2.10
Eps Trend60days Ago: 2.08
Eps Trend90days Ago: 2.09
Date: 2021-09-30
Earnings Estimate Avg: 0.41
Earnings Estimate Low: 0.41
Earnings Estimate High: 0.41
Earnings Estimate Number Of Analysts: 1.00
Revenue Estimate Avg: 9358930000.00
Revenue Estimate Low: 9358930000.00
Revenue Estimate High: 9358930000.00
Revenue Estimate Number Of Analysts: 1.00
Eps Trend Current: 0.41
Eps Trend7days Ago: 0.41
Eps Trend30days Ago: 0.41
Date: 2019-12-31
Period: +1y
Growth: 0.18
Earnings Estimate Year Ago Eps: 1.70
Earnings Estimate Growth: 0.18
Revenue Estimate Avg: 31022500000.00
Revenue Estimate Low: 28831000000.00
Revenue Estimate High: 33787000000.00
Revenue Estimate Number Of Analysts: 14.00
Revenue Estimate Growth: 0.16
Eps Trend7days Ago: 2.01
Eps Trend30days Ago: 2.01
Eps Trend60days Ago: 2.01
Eps Trend90days Ago: 2.01
Date: 2019-03-31
Period: +1q
Growth: 0.10
Earnings Estimate Year Ago Eps: 0.29
Earnings Estimate Growth: 0.10
Revenue Estimate Avg: 5721180000.00
Revenue Estimate Low: 5473420000.00
Revenue Estimate High: 5968930000.00
Revenue Estimate Number Of Analysts: 2.00
Revenue Estimate Growth: 0.12
Eps Trend7days Ago: 0.32
Eps Trend30days Ago: 0.32
Eps Trend60days Ago: 0.32
Eps Trend90days Ago: 0.32
Date: 2018-12-31
Growth: 0.26
Earnings Estimate Year Ago Eps: 1.34
Earnings Estimate Growth: 0.26
Revenue Estimate Avg: 26571900000.00
Revenue Estimate Low: 25027000000.00
Revenue Estimate High: 28774000000.00
Revenue Estimate Number Of Analysts: 13.00
Revenue Estimate Growth: 0.13
Eps Trend7days Ago: 1.70
Eps Trend30days Ago: 1.70
Eps Trend60days Ago: 1.70
Eps Trend90days Ago: 1.70
Eps Revisions Up Last30days: 1.00
Date: 2018-09-30
Growth: 1.17
Earnings Estimate Avg: 2.11
Earnings Estimate Low: 2.11
Earnings Estimate High: 2.11
Earnings Estimate Year Ago Eps: 0.97
Earnings Estimate Number Of Analysts: 1.00
Earnings Estimate Growth: 1.17
Revenue Estimate Avg: 11514200000.00
Revenue Estimate Low: 11514200000.00
Revenue Estimate High: 11514200000.00
Revenue Estimate Number Of Analysts: 1.00
Revenue Estimate Growth: 0.90
Eps Trend Current: 2.11
Eps Trend7days Ago: 2.11
Eps Trend30days Ago: 2.11
Date: 2018-06-30
Growth: 6.38
Earnings Estimate Avg: 2.66
Earnings Estimate Low: 2.66
Earnings Estimate High: 2.66
Earnings Estimate Year Ago Eps: 0.36
Earnings Estimate Number Of Analysts: 1.00
Earnings Estimate Growth: 6.38
Revenue Estimate Avg: 18321400000.00
Revenue Estimate Low: 18321400000.00
Revenue Estimate High: 18321400000.00
Revenue Estimate Number Of Analysts: 1.00
Revenue Estimate Growth: 2.09
Eps Trend Current: 2.66
Eps Trend7days Ago: 2.66
Eps Trend30days Ago: 2.66
Eps Trend60days Ago: 2.66
Eps Trend90days Ago: 2.66
Date: 2017-12-31
Growth: -0.01
Earnings Estimate Avg: 1.29
Earnings Estimate Low: 1.22
Earnings Estimate High: 1.37
Earnings Estimate Year Ago Eps: 1.31
Earnings Estimate Number Of Analysts: 8.00
Earnings Estimate Growth: -0.01
Revenue Estimate Avg: 24039600000.00
Revenue Estimate Low: 21815000000.00
Revenue Estimate High: 28336900000.00
Revenue Estimate Number Of Analysts: 7.00
Revenue Estimate Growth: 0.19
Eps Trend Current: 1.29
Eps Trend7days Ago: 1.29
Eps Trend30days Ago: 1.36
Eps Trend60days Ago: 1.36
Eps Trend90days Ago: 1.37
Date: 2017-09-30
Period: +1q
Earnings Estimate Year Ago Eps: 0.36
Revenue Estimate Avg: 6031160000.00
Revenue Estimate Low: 10259100000.00
Revenue Estimate High: 10259100000.00
Revenue Estimate Number Of Analysts: 1.00
Revenue Estimate Growth: 0.73
Eps Trend7days Ago: 0.33
Eps Trend30days Ago: 0.33
Eps Trend60days Ago: 0.33
Eps Trend90days Ago: 0.33
Date: 2017-06-30
Earnings Estimate Year Ago Eps: 0.36
Revenue Estimate Avg: 5924480000.00
Revenue Estimate Low: 3237710000.00
Revenue Estimate High: 3237710000.00
Revenue Estimate Number Of Analysts: 1.00
Revenue Estimate Growth: 0.82
Eps Trend7days Ago: 0.36
Eps Trend30days Ago: 0.36
Eps Trend60days Ago: 0.36
Eps Trend90days Ago: 0.36
Date: 2024-03-31
Eps Actual: 1.7
Date: 2022-12-31
Eps Actual: 1.8
Date: 2021-12-31
Eps Actual: 6.0
Date: 2017-12-31
Eps Actual: 2.12
Date: 2016-12-31
Eps Actual: 2.0
Date: 2015-12-31
Eps Actual: 1.43
Date: 2014-12-31
Eps Actual: 1.39
Date: 2013-12-31
Eps Actual: 1.17
Date: 2012-12-31
Eps Actual: 0.90
Date: 2011-12-31
Eps Actual: 0.63
Date: 2010-12-31
Eps Actual: 0.48