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Wencan Group SHSE:603348 Stock Report

Last Price

CN¥25.75

Market Cap

CN¥7.8b

7D

-2.0%

1Y

-26.5%

Updated

20 Dec, 2024

Data

Company Financials +

Wencan Group Co., Ltd.

SHSE:603348 Stock Report

Market Cap: CN¥7.8b

603348 Stock Overview

Engages in the research and development, production, and sale of automotive aluminum alloy precision die castings in China and internationally. More details

603348 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance5/6
Financial Health3/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Wencan Group Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Wencan Group
Historical stock prices
Current Share PriceCN¥25.75
52 Week HighCN¥40.70
52 Week LowCN¥20.00
Beta0.86
1 Month Change-6.50%
3 Month Change26.16%
1 Year Change-26.51%
3 Year Change-58.13%
5 Year Change27.98%
Change since IPO17.21%

Recent News & Updates

Here's Why Wencan Group (SHSE:603348) Has A Meaningful Debt Burden

Dec 05
Here's Why Wencan Group (SHSE:603348) Has A Meaningful Debt Burden

Returns Are Gaining Momentum At Wencan Group (SHSE:603348)

Nov 17
Returns Are Gaining Momentum At Wencan Group (SHSE:603348)

Recent updates

Here's Why Wencan Group (SHSE:603348) Has A Meaningful Debt Burden

Dec 05
Here's Why Wencan Group (SHSE:603348) Has A Meaningful Debt Burden

Returns Are Gaining Momentum At Wencan Group (SHSE:603348)

Nov 17
Returns Are Gaining Momentum At Wencan Group (SHSE:603348)

Is Now The Time To Look At Buying Wencan Group Co., Ltd. (SHSE:603348)?

Sep 26
Is Now The Time To Look At Buying Wencan Group Co., Ltd. (SHSE:603348)?

Wencan Group's (SHSE:603348) Profits May Not Reveal Underlying Issues

Aug 27
Wencan Group's (SHSE:603348) Profits May Not Reveal Underlying Issues

Wencan Group Co., Ltd.'s (SHSE:603348) Popularity With Investors Is Clear

Aug 08
Wencan Group Co., Ltd.'s (SHSE:603348) Popularity With Investors Is Clear

Wencan Group Co., Ltd. (SHSE:603348) Doing What It Can To Lift Shares

Apr 17
Wencan Group Co., Ltd. (SHSE:603348) Doing What It Can To Lift Shares

Shareholder Returns

603348CN Auto ComponentsCN Market
7D-2.0%-4.5%-3.5%
1Y-26.5%10.5%10.9%

Return vs Industry: 603348 underperformed the CN Auto Components industry which returned 10.5% over the past year.

Return vs Market: 603348 underperformed the CN Market which returned 10.9% over the past year.

Price Volatility

Is 603348's price volatile compared to industry and market?
603348 volatility
603348 Average Weekly Movement8.4%
Auto Components Industry Average Movement8.3%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 603348 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 603348's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19985,963Jie Xiong Tangwww.wencan.com

Wencan Group Co., Ltd. engages in the research and development, production, and sale of automotive aluminum alloy precision die castings in China and internationally. The company was formerly known as Guangdong Wencan Die Casting Co., Ltd. and changed its name to Wencan Group Co., Ltd.

Wencan Group Co., Ltd. Fundamentals Summary

How do Wencan Group's earnings and revenue compare to its market cap?
603348 fundamental statistics
Market capCN¥7.85b
Earnings (TTM)CN¥97.91m
Revenue (TTM)CN¥5.98b

81.1x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603348 income statement (TTM)
RevenueCN¥5.98b
Cost of RevenueCN¥5.14b
Gross ProfitCN¥839.74m
Other ExpensesCN¥741.83m
EarningsCN¥97.91m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.32
Gross Margin14.04%
Net Profit Margin1.64%
Debt/Equity Ratio57.8%

How did 603348 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

43%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 17:10
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Wencan Group Co., Ltd. is covered by 15 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joey YangBofA Global Research
Fu YangChasing Securities
Chen HeChasing Securities