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GEM SZSE:002340 Stock Report

Last Price

CN¥6.55

Market Cap

CN¥34.1b

7D

-1.4%

1Y

24.5%

Updated

25 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

GEM Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for GEM
Historical stock prices
Current Share PriceCN¥6.55
52 Week HighCN¥7.84
52 Week LowCN¥3.95
Beta0.81
1 Month Change-8.52%
3 Month Change6.85%
1 Year Change24.52%
3 Year Change-35.97%
5 Year Change34.50%
Change since IPO163.90%

Recent News & Updates

GEM Co., Ltd. (SZSE:002340) Could Be Riskier Than It Looks

Nov 21
GEM Co., Ltd. (SZSE:002340) Could Be Riskier Than It Looks

GEM's (SZSE:002340) Attractive Earnings Are Not All Good News For Shareholders

Nov 05
GEM's (SZSE:002340) Attractive Earnings Are Not All Good News For Shareholders

With EPS Growth And More, GEM (SZSE:002340) Makes An Interesting Case

Oct 09
With EPS Growth And More, GEM (SZSE:002340) Makes An Interesting Case

Recent updates

GEM Co., Ltd. (SZSE:002340) Could Be Riskier Than It Looks

Nov 21
GEM Co., Ltd. (SZSE:002340) Could Be Riskier Than It Looks

GEM's (SZSE:002340) Attractive Earnings Are Not All Good News For Shareholders

Nov 05
GEM's (SZSE:002340) Attractive Earnings Are Not All Good News For Shareholders

With EPS Growth And More, GEM (SZSE:002340) Makes An Interesting Case

Oct 09
With EPS Growth And More, GEM (SZSE:002340) Makes An Interesting Case

GEM (SZSE:002340) May Have Issues Allocating Its Capital

Sep 22
GEM (SZSE:002340) May Have Issues Allocating Its Capital

GEM (SZSE:002340) Use Of Debt Could Be Considered Risky

Aug 25
GEM (SZSE:002340) Use Of Debt Could Be Considered Risky

GEM Co., Ltd.'s (SZSE:002340) Share Price Matching Investor Opinion

Jul 12
GEM Co., Ltd.'s (SZSE:002340) Share Price Matching Investor Opinion

Here's Why GEM (SZSE:002340) Is Weighed Down By Its Debt Load

May 25
Here's Why GEM (SZSE:002340) Is Weighed Down By Its Debt Load

We Think That There Are Some Issues For GEM (SZSE:002340) Beyond Its Promising Earnings

May 03
We Think That There Are Some Issues For GEM (SZSE:002340) Beyond Its Promising Earnings

GEM Co., Ltd. (SZSE:002340) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

May 01
GEM Co., Ltd. (SZSE:002340) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

GEM (SZSE:002340) Might Be Having Difficulty Using Its Capital Effectively

Mar 21
GEM (SZSE:002340) Might Be Having Difficulty Using Its Capital Effectively

Further Upside For GEM Co., Ltd. (SZSE:002340) Shares Could Introduce Price Risks After 25% Bounce

Mar 04
Further Upside For GEM Co., Ltd. (SZSE:002340) Shares Could Introduce Price Risks After 25% Bounce

Shareholder Returns

002340CN ElectricalCN Market
7D-1.4%0.8%0.4%
1Y24.5%24.1%12.3%

Return vs Industry: 002340 matched the CN Electrical industry which returned 24.1% over the past year.

Return vs Market: 002340 exceeded the CN Market which returned 12.3% over the past year.

Price Volatility

Is 002340's price volatile compared to industry and market?
002340 volatility
002340 Average Weekly Movement6.4%
Electrical Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 002340 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002340's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200110,000Kai Hua Xuwww.gem.com.cn

GEM Co., Ltd. operates in the recycling industry in China and internationally. The company offers nickel-cobalt-manganese and nickel-cobalt-aluminum ternary power battery materials; ultrafine cobalt-nickel powders and fine cobalt-nickel chemicals; ammonium para tungstate, recycled tungsten carbide, tungsten powder, tungsten carbide, and cemented carbide products; and other metal products, such as gold, silver, palladium, copper, and rhodium, as well as wood products for tourist attractions, indoor and outdoor places, garden landscapes, sanitation facilities, municipal engineering, and other projects. It also provides recycled plastic products, plastic wood, and other green recycled plastic products; energy storage power station, energy storage charging station, power backup, UPS, portable energy storage, and home energy storage battery products; lithium-ion battery systems for aerial work platforms, forklift batteries, etc.; batteries for sightseeing cars, two wheelers, tricycles, etc.; and black, copper, and aluminum powders.

GEM Co., Ltd. Fundamentals Summary

How do GEM's earnings and revenue compare to its market cap?
002340 fundamental statistics
Market capCN¥34.10b
Earnings (TTM)CN¥1.29b
Revenue (TTM)CN¥35.17b

25.9x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002340 income statement (TTM)
RevenueCN¥35.17b
Cost of RevenueCN¥31.60b
Gross ProfitCN¥3.57b
Other ExpensesCN¥2.28b
EarningsCN¥1.29b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin10.16%
Net Profit Margin3.67%
Debt/Equity Ratio98.5%

How did 002340 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

32%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 15:03
End of Day Share Price 2024/12/25 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

GEM Co., Ltd. is covered by 31 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Junfang GaoAvic Securities Co., Ltd
Jun GeChangjiang Securities Co. LTD.
Ce ZhouChasing Securities