688308 Stock Overview
Engages in the research, development, production, and sale of cemented carbide and CNC cutting tool products. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
OKE Precision Cutting Tools Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥18.49 |
| 52 Week High | CN¥28.49 |
| 52 Week Low | CN¥14.07 |
| Beta | 0.52 |
| 1 Month Change | -5.23% |
| 3 Month Change | 9.15% |
| 1 Year Change | -29.72% |
| 3 Year Change | -63.59% |
| 5 Year Change | n/a |
| Change since IPO | -38.93% |
Recent News & Updates
Earnings Not Telling The Story For OKE Precision Cutting Tools Co., Ltd. (SHSE:688308) After Shares Rise 29%
Nov 11
We Think That There Are More Issues For OKE Precision Cutting Tools (SHSE:688308) Than Just Sluggish Earnings
Nov 07Recent updates
Earnings Not Telling The Story For OKE Precision Cutting Tools Co., Ltd. (SHSE:688308) After Shares Rise 29%
Nov 11We Think That There Are More Issues For OKE Precision Cutting Tools (SHSE:688308) Than Just Sluggish Earnings
Nov 07It's A Story Of Risk Vs Reward With OKE Precision Cutting Tools Co., Ltd. (SHSE:688308)
Sep 26OKE Precision Cutting Tools' (SHSE:688308) Returns On Capital Not Reflecting Well On The Business
Jun 26OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Shares Leap 26% Yet They're Still Not Telling The Full Story
May 09OKE Precision Cutting Tools' (SHSE:688308) Weak Earnings Might Be Worse Than They Appear
Apr 16OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Mar 04Shareholder Returns
| 688308 | CN Machinery | CN Market | |
|---|---|---|---|
| 7D | -4.6% | 0.09% | 0.4% |
| 1Y | -29.7% | 11.4% | 12.3% |
Return vs Industry: 688308 underperformed the CN Machinery industry which returned 11.4% over the past year.
Return vs Market: 688308 underperformed the CN Market which returned 12.3% over the past year.
Price Volatility
| 688308 volatility | |
|---|---|
| 688308 Average Weekly Movement | 9.5% |
| Machinery Industry Average Movement | 9.1% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in CN Market | 13.0% |
| 10% least volatile stocks in CN Market | 5.8% |
Stable Share Price: 688308 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 688308's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 1,274 | Wenqing Tan | 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
| 688308 fundamental statistics | |
|---|---|
| Market cap | CN¥2.91b |
| Earnings (TTM) | CN¥96.26m |
| Revenue (TTM) | CN¥1.12b |
30.3x
P/E Ratio2.6x
P/S RatioIs 688308 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 688308 income statement (TTM) | |
|---|---|
| Revenue | CN¥1.12b |
| Cost of Revenue | CN¥853.07m |
| Gross Profit | CN¥263.70m |
| Other Expenses | CN¥167.44m |
| Earnings | CN¥96.26m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.61 |
| Gross Margin | 23.61% |
| Net Profit Margin | 8.62% |
| Debt/Equity Ratio | 31.7% |
How did 688308 perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield57%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:01 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
OKE Precision Cutting Tools Co., Ltd. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fu Yang | Chasing Securities |
| Pei Lu | China Galaxy Securities Co., Ltd. |
| Weixiu Guo | China International Capital Corporation Limited |