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Zhejiang grandwall electric science&technologyltd SHSE:603897 Stock Report

Last Price

CN¥17.43

Market Cap

CN¥3.6b

7D

-1.0%

1Y

-4.8%

Updated

09 Aug, 2024

Data

Company Financials

Zhejiang grandwall electric science&technology co.,ltd.

SHSE:603897 Stock Report

Market Cap: CN¥3.6b

603897 Stock Overview

Researches, develops, produces, and sells electromagnetic wire products in China and internationally.

603897 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends2/6

Zhejiang grandwall electric science&technology co.,ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang grandwall electric science&technologyltd
Historical stock prices
Current Share PriceCN¥17.43
52 Week HighCN¥22.20
52 Week LowCN¥12.88
Beta0.35
11 Month Change-1.36%
3 Month Change-17.82%
1 Year Change-4.81%
33 Year Change-56.96%
5 Year Change-3.81%
Change since IPO-31.46%

Recent News & Updates

Insufficient Growth At Zhejiang grandwall electric science&technology co.,ltd. (SHSE:603897) Hampers Share Price

Aug 01
Insufficient Growth At Zhejiang grandwall electric science&technology co.,ltd. (SHSE:603897) Hampers Share Price

Solid Earnings Reflect Zhejiang grandwall electric science&technologyltd's (SHSE:603897) Strength As A Business

May 02
Solid Earnings Reflect Zhejiang grandwall electric science&technologyltd's (SHSE:603897) Strength As A Business

Recent updates

Insufficient Growth At Zhejiang grandwall electric science&technology co.,ltd. (SHSE:603897) Hampers Share Price

Aug 01
Insufficient Growth At Zhejiang grandwall electric science&technology co.,ltd. (SHSE:603897) Hampers Share Price

Solid Earnings Reflect Zhejiang grandwall electric science&technologyltd's (SHSE:603897) Strength As A Business

May 02
Solid Earnings Reflect Zhejiang grandwall electric science&technologyltd's (SHSE:603897) Strength As A Business

Zhejiang grandwall electric science&technology co.,ltd. (SHSE:603897) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Mar 19
Zhejiang grandwall electric science&technology co.,ltd. (SHSE:603897) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Shareholder Returns

603897CN ElectricalCN Market
7D-1.0%-2.1%-1.6%
1Y-4.8%-23.9%-19.6%

Return vs Industry: 603897 exceeded the CN Electrical industry which returned -24.8% over the past year.

Return vs Market: 603897 exceeded the CN Market which returned -20.8% over the past year.

Price Volatility

Is 603897's price volatile compared to industry and market?
603897 volatility
603897 Average Weekly Movement5.8%
Electrical Industry Average Movement6.0%
Market Average Movement5.7%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.8%

Stable Share Price: 603897's share price has been volatile over the past 3 months.

Volatility Over Time: 603897's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007745Zhengwei Guwww.grandwall.com.cn

Zhejiang grandwall electric science&technology co.,ltd., together with its subsidiaries, researches, develops, produces, and sells electromagnetic wire products in China and internationally. The company offers enameled copper wires, magnet wires, winding wires, and rewinding wires to manufacturers. Its products are used in various industries, including new energy power generation, automobiles, industrial motors, white goods, electric tools, instruments and meters, lighting applications, etc. Zhejiang grandwall electric science&technology co.,ltd.

Zhejiang grandwall electric science&technology co.,ltd. Fundamentals Summary

How do Zhejiang grandwall electric science&technologyltd's earnings and revenue compare to its market cap?
603897 fundamental statistics
Market capCN¥3.60b
Earnings (TTM)CN¥269.62m
Revenue (TTM)CN¥12.28b

13.3x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603897 income statement (TTM)
RevenueCN¥12.28b
Cost of RevenueCN¥11.67b
Gross ProfitCN¥611.77m
Other ExpensesCN¥342.15m
EarningsCN¥269.62m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.31
Gross Margin4.98%
Net Profit Margin2.20%
Debt/Equity Ratio28.6%

How did 603897 perform over the long term?

See historical performance and comparison

Dividends

17.2%

Current Dividend Yield

114%

Payout Ratio
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