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Sumec SHSE:600710 Stock Report

Last Price

CN¥9.48

Market Cap

CN¥12.4b

7D

3.4%

1Y

30.4%

Updated

20 Dec, 2024

Data

Company Financials +

Sumec Corporation Limited

SHSE:600710 Stock Report

Market Cap: CN¥12.4b

My Notes

Capture your thoughts, links and company narrative

Sumec Corporation Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sumec
Historical stock prices
Current Share PriceCN¥9.48
52 Week HighCN¥10.11
52 Week LowCN¥6.37
Beta0.54
1 Month Change4.41%
3 Month Change14.63%
1 Year Change30.40%
3 Year Change43.85%
5 Year Change73.95%
Change since IPO313.67%

Recent News & Updates

Recent updates

We Like The Quality Of Sumec's (SHSE:600710) Earnings

Apr 25
We Like The Quality Of Sumec's (SHSE:600710) Earnings

Benign Growth For Sumec Corporation Limited (SHSE:600710) Underpins Its Share Price

Apr 02
Benign Growth For Sumec Corporation Limited (SHSE:600710) Underpins Its Share Price

We Think Sumec (SHSE:600710) Can Stay On Top Of Its Debt

Mar 04
We Think Sumec (SHSE:600710) Can Stay On Top Of Its Debt

Shareholder Returns

600710CN Trade DistributorsCN Market
7D3.4%-2.5%-1.2%
1Y30.4%0.9%11.8%

Return vs Industry: 600710 exceeded the CN Trade Distributors industry which returned -0.3% over the past year.

Return vs Market: 600710 exceeded the CN Market which returned 10.9% over the past year.

Price Volatility

Is 600710's price volatile compared to industry and market?
600710 volatility
600710 Average Weekly Movement5.9%
Trade Distributors Industry Average Movement8.4%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 600710 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600710's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196116,107Weilin Zhaowww.sumec.com

Sumec Corporation Limited engages in the supply and industrial chain business in China. The company offers power tools, including cleaning products, garden tools, and agriculture machinery; power generating equipment; high-speed rail parts; auto parts comprising aluminum wheels; textile and garment products; home textile products; school uniforms; engines; garden machinery; cleaning machinery; and gasoline generator sets. It engages in the bidding and import of electromechanical equipment; and domestic and foreign trade of bulk commodities, such as steel, iron ore, wool, mineral products, coal, wood, petrochemical products, building materials, and textile raw materials.

Sumec Corporation Limited Fundamentals Summary

How do Sumec's earnings and revenue compare to its market cap?
600710 fundamental statistics
Market capCN¥12.39b
Earnings (TTM)CN¥1.14b
Revenue (TTM)CN¥113.86b

10.9x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600710 income statement (TTM)
RevenueCN¥113.86b
Cost of RevenueCN¥106.18b
Gross ProfitCN¥7.68b
Other ExpensesCN¥6.54b
EarningsCN¥1.14b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.87
Gross Margin6.75%
Net Profit Margin1.00%
Debt/Equity Ratio21.2%

How did 600710 perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

38%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 08:05
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

Sumec Corporation Limited is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yanhui ChuAJ Securities Co., Ltd
Min Deng YunEverbright Securities Co. Ltd.
Jing WeiGuodu Securities Co.