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OKE Precision Cutting Tools SHSE:688308 Stock Report

Last Price

CN¥19.72

Market Cap

CN¥3.1b

7D

-14.0%

1Y

-57.4%

Updated

28 Mar, 2024

Data

Company Financials +

OKE Precision Cutting Tools Co., Ltd.

SHSE:688308 Stock Report

Market Cap: CN¥3.1b

688308 Stock Overview

OKE Precision Cutting Tools Co., Ltd. engages in the research, development, production, and sale of cemented carbide and CNC cutting tool products.

688308 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends3/6

OKE Precision Cutting Tools Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for OKE Precision Cutting Tools
Historical stock prices
Current Share PriceCN¥19.72
52 Week HighCN¥52.77
52 Week LowCN¥15.82
Beta0.50
1 Month Change-18.81%
3 Month Change-29.32%
1 Year Change-57.45%
3 Year Change-36.69%
5 Year Changen/a
Change since IPO-34.87%

Recent News & Updates

OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Share Price Boosted 28% But Its Business Prospects Need A Lift Too

Mar 04
OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Share Price Boosted 28% But Its Business Prospects Need A Lift Too

Recent updates

OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Share Price Boosted 28% But Its Business Prospects Need A Lift Too

Mar 04
OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Share Price Boosted 28% But Its Business Prospects Need A Lift Too

Shareholder Returns

688308CN MachineryCN Market
7D-14.0%-5.6%-4.9%
1Y-57.4%-11.5%-16.6%

Return vs Industry: 688308 underperformed the CN Machinery industry which returned -11.5% over the past year.

Return vs Market: 688308 underperformed the CN Market which returned -16.6% over the past year.

Price Volatility

Is 688308's price volatile compared to industry and market?
688308 volatility
688308 Average Weekly Movement10.4%
Machinery Industry Average Movement9.0%
Market Average Movement8.2%
10% most volatile stocks in CN Market11.5%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 688308's share price has been volatile over the past 3 months.

Volatility Over Time: 688308's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
19961,034Wenqing Tanhttps://www.oke-carbide.com

OKE Precision Cutting Tools Co., Ltd. engages in the research, development, production, and sale of cemented carbide and CNC cutting tool products. The company offers cutting tools, such as turning, milling, and drilling tools; carbide saw tips for wood, metal, grass, and band applications; and solid carbide saw discs.

OKE Precision Cutting Tools Co., Ltd. Fundamentals Summary

How do OKE Precision Cutting Tools's earnings and revenue compare to its market cap?
688308 fundamental statistics
Market capCN¥3.13b
Earnings (TTM)CN¥163.51m
Revenue (TTM)CN¥1.03b

19.2x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688308 income statement (TTM)
RevenueCN¥1.03b
Cost of RevenueCN¥844.87m
Gross ProfitCN¥181.59m
Other ExpensesCN¥18.08m
EarningsCN¥163.51m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 10, 2024

Earnings per share (EPS)1.03
Gross Margin17.69%
Net Profit Margin15.93%
Debt/Equity Ratio21.4%

How did 688308 perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

51%

Payout Ratio
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