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OKE Precision Cutting Tools SHSE:688308 Stock Report

Last Price

CN¥19.60

Market Cap

CN¥3.1b

7D

-3.6%

1Y

-37.9%

Updated

22 Nov, 2024

Data

Company Financials +

OKE Precision Cutting Tools Co., Ltd.

SHSE:688308 Stock Report

Market Cap: CN¥3.1b

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¥19.60
52 Week HighCN¥32.70
52 Week LowCN¥14.07
Beta0.54
11 Month Change2.62%
3 Month Change30.41%
1 Year Change-37.86%
33 Year Change-62.02%
5 Year Changen/a
Change since IPO-35.27%

Recent News & Updates

Earnings Not Telling The Story For OKE Precision Cutting Tools Co., Ltd. (SHSE:688308) After Shares Rise 29%

Nov 11
Earnings Not Telling The Story For OKE Precision Cutting Tools Co., Ltd. (SHSE:688308) After Shares Rise 29%

We Think That There Are More Issues For OKE Precision Cutting Tools (SHSE:688308) Than Just Sluggish Earnings

Nov 07
We Think That There Are More Issues For OKE Precision Cutting Tools (SHSE:688308) Than Just Sluggish Earnings

Recent updates

Earnings Not Telling The Story For OKE Precision Cutting Tools Co., Ltd. (SHSE:688308) After Shares Rise 29%

Nov 11
Earnings Not Telling The Story For OKE Precision Cutting Tools Co., Ltd. (SHSE:688308) After Shares Rise 29%

We Think That There Are More Issues For OKE Precision Cutting Tools (SHSE:688308) Than Just Sluggish Earnings

Nov 07
We Think That There Are More Issues For OKE Precision Cutting Tools (SHSE:688308) Than Just Sluggish Earnings

It's A Story Of Risk Vs Reward With OKE Precision Cutting Tools Co., Ltd. (SHSE:688308)

Sep 26
It's A Story Of Risk Vs Reward With OKE Precision Cutting Tools Co., Ltd. (SHSE:688308)

OKE Precision Cutting Tools' (SHSE:688308) Returns On Capital Not Reflecting Well On The Business

Jun 26
OKE Precision Cutting Tools' (SHSE:688308) Returns On Capital Not Reflecting Well On The Business

OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Shares Leap 26% Yet They're Still Not Telling The Full Story

May 09
OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Shares Leap 26% Yet They're Still Not Telling The Full Story

OKE Precision Cutting Tools' (SHSE:688308) Weak Earnings Might Be Worse Than They Appear

Apr 16
OKE Precision Cutting Tools' (SHSE:688308) Weak Earnings Might Be Worse Than They Appear

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-3.6%-1.1%-2.1%
1Y-37.9%4.0%2.8%

Return vs Industry: 688308 underperformed the CN Machinery industry which returned 6.4% over the past year.

Return vs Market: 688308 underperformed the CN Market which returned 5.4% over the past year.

Price Volatility

Is 688308's price volatile compared to industry and market?
688308 volatility
688308 Average Weekly Movement10.0%
Machinery Industry Average Movement8.6%
Market Average Movement8.3%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.6%

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

FoundedEmployeesCEOWebsite
19961,274Wenqing Tanwww.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¥3.09b
Earnings (TTM)CN¥96.26m
Revenue (TTM)CN¥1.12b

32.1x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688308 income statement (TTM)
RevenueCN¥1.12b
Cost of RevenueCN¥853.07m
Gross ProfitCN¥263.70m
Other ExpensesCN¥167.44m
EarningsCN¥96.26m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin23.61%
Net Profit Margin8.62%
Debt/Equity Ratio31.7%

How did 688308 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

57%

Payout Ratio