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Shanghai Pret Composites SZSE:002324 Stock Report

Last Price

CN¥9.52

Market Cap

CN¥10.5b

7D

2.3%

1Y

-29.9%

Updated

15 Jun, 2024

Data

Company Financials +

Shanghai Pret Composites Co., Ltd.

SZSE:002324 Stock Report

Market Cap: CN¥10.5b

2324 Stock Overview

Engages in the research and development, production, sale, and service of polymer and composite materials in China.

2324 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance5/6
Financial Health4/6
Dividends1/6

Shanghai Pret Composites Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shanghai Pret Composites
Historical stock prices
Current Share PriceCN¥9.52
52 Week HighCN¥15.38
52 Week LowCN¥7.05
Beta0.29
1 Month Change-7.21%
3 Month Change-2.46%
1 Year Change-29.90%
3 Year Change-28.58%
5 Year Change74.41%
Change since IPO131.45%

Recent News & Updates

Recent updates

Shanghai Pret Composites (SZSE:002324) Has A Pretty Healthy Balance Sheet

Jun 09
Shanghai Pret Composites (SZSE:002324) Has A Pretty Healthy Balance Sheet

Investors Will Want Shanghai Pret Composites' (SZSE:002324) Growth In ROCE To Persist

May 22
Investors Will Want Shanghai Pret Composites' (SZSE:002324) Growth In ROCE To Persist

Shanghai Pret Composites Co., Ltd. (SZSE:002324) Analysts Just Slashed This Year's Estimates

Apr 30
Shanghai Pret Composites Co., Ltd. (SZSE:002324) Analysts Just Slashed This Year's Estimates

Earnings Report: Shanghai Pret Composites Co., Ltd. Missed Revenue Estimates By 22%

Apr 28
Earnings Report: Shanghai Pret Composites Co., Ltd. Missed Revenue Estimates By 22%

Shanghai Pret Composites' (SZSE:002324) Earnings Are Weaker Than They Seem

Apr 25
Shanghai Pret Composites' (SZSE:002324) Earnings Are Weaker Than They Seem

Even With A 28% Surge, Cautious Investors Are Not Rewarding Shanghai Pret Composites Co., Ltd.'s (SZSE:002324) Performance Completely

Mar 06
Even With A 28% Surge, Cautious Investors Are Not Rewarding Shanghai Pret Composites Co., Ltd.'s (SZSE:002324) Performance Completely

Shareholder Returns

2324CN ChemicalsCN Market
7D2.3%-0.8%0.06%
1Y-29.9%-19.9%-16.1%

Return vs Industry: 002324 underperformed the CN Chemicals industry which returned -19.9% over the past year.

Return vs Market: 002324 underperformed the CN Market which returned -16.1% over the past year.

Price Volatility

Is 2324's price volatile compared to industry and market?
2324 volatility
2324 Average Weekly Movement6.9%
Chemicals Industry Average Movement7.1%
Market Average Movement6.7%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 002324 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002324's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19933,314Wen Zhouwww.pret.com.cn

Shanghai Pret Composites Co., Ltd. engages in the research and development, production, sale, and service of polymer and composite materials in China. It offers modified polyolefin materials, ABS, polycarbonate alloy, and nylon material products for use in automotive interior and exterior decoration, electronic electrical, and military aerospace material applications; and LCP resin, LCP film, and LCP fiber materials for use in 5G high-frequency high-speed communication materials, high-frequency electronic connectors, acoustic wires, and military aerospace materials. Shanghai Pret Composites Co., Ltd.

Shanghai Pret Composites Co., Ltd. Fundamentals Summary

How do Shanghai Pret Composites's earnings and revenue compare to its market cap?
2324 fundamental statistics
Market capCN¥10.49b
Earnings (TTM)CN¥443.26m
Revenue (TTM)CN¥8.75b

23.7x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2324 income statement (TTM)
RevenueCN¥8.75b
Cost of RevenueCN¥7.34b
Gross ProfitCN¥1.41b
Other ExpensesCN¥968.09m
EarningsCN¥443.26m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.40
Gross Margin16.13%
Net Profit Margin5.07%
Debt/Equity Ratio85.6%

How did 2324 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

12%

Payout Ratio
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