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Taier Heavy Industry SZSE:002347 Stock Report

Last Price

CN¥6.22

Market Cap

CN¥3.1b

7D

18.5%

1Y

11.5%

Updated

29 Nov, 2024

Data

Company Financials

Taier Heavy Industry Co., Ltd.

SZSE:002347 Stock Report

Market Cap: CN¥3.1b

002347 Stock Overview

Designs, develops, manufactures, markets, and services metallurgical equipment and spare parts in China. More details

002347 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Taier Heavy Industry Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Taier Heavy Industry
Historical stock prices
Current Share PriceCN¥6.22
52 Week HighCN¥8.13
52 Week LowCN¥3.10
Beta0.42
11 Month Change33.76%
3 Month Change70.41%
1 Year Change11.47%
33 Year Change36.70%
5 Year Change43.32%
Change since IPO-20.03%

Recent News & Updates

Taier Heavy Industry Co., Ltd. (SZSE:002347) Stock Rockets 51% As Investors Are Less Pessimistic Than Expected

Oct 10
Taier Heavy Industry Co., Ltd. (SZSE:002347) Stock Rockets 51% As Investors Are Less Pessimistic Than Expected

Risks To Shareholder Returns Are Elevated At These Prices For Taier Heavy Industry Co., Ltd. (SZSE:002347)

Jul 27
Risks To Shareholder Returns Are Elevated At These Prices For Taier Heavy Industry Co., Ltd. (SZSE:002347)

Recent updates

Taier Heavy Industry Co., Ltd. (SZSE:002347) Stock Rockets 51% As Investors Are Less Pessimistic Than Expected

Oct 10
Taier Heavy Industry Co., Ltd. (SZSE:002347) Stock Rockets 51% As Investors Are Less Pessimistic Than Expected

Risks To Shareholder Returns Are Elevated At These Prices For Taier Heavy Industry Co., Ltd. (SZSE:002347)

Jul 27
Risks To Shareholder Returns Are Elevated At These Prices For Taier Heavy Industry Co., Ltd. (SZSE:002347)

Taier Heavy Industry Co., Ltd. (SZSE:002347) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough

Apr 22
Taier Heavy Industry Co., Ltd. (SZSE:002347) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough

Taier Heavy Industry Co., Ltd.'s (SZSE:002347) Share Price Boosted 41% But Its Business Prospects Need A Lift Too

Mar 07
Taier Heavy Industry Co., Ltd.'s (SZSE:002347) Share Price Boosted 41% But Its Business Prospects Need A Lift Too

Shareholder Returns

002347CN MachineryCN Market
7D18.5%-3.6%-2.6%
1Y11.5%3.4%4.2%

Return vs Industry: 002347 exceeded the CN Machinery industry which returned 3.4% over the past year.

Return vs Market: 002347 exceeded the CN Market which returned 4.2% over the past year.

Price Volatility

Is 002347's price volatile compared to industry and market?
002347 volatility
002347 Average Weekly Movement8.7%
Machinery Industry Average Movement8.7%
Market Average Movement8.4%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.6%

Stable Share Price: 002347 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002347's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20001,359Zipeng Taiwww.taiergroup.com

Taier Heavy Industry Co., Ltd. designs, develops, manufactures, markets, and services metallurgical equipment and spare parts in China. The company provides universal joint shafts, gear couplings, shear blades, sliding plates, mandrels; and cold-rolled hot-dip galvanized shaft sleeve and bush, sink roll and stabilizing roll series, furnace roll, process roll, side guide, laminar colling roll, and crystallizer for continuous casting. It also offers wire rod coil compactors; bar bundling, H-beam tying, strapping, and spray marking machines; and de-coilers/re-coilers, as well as compactor spare parts, and cold and hot rolling equipment.

Taier Heavy Industry Co., Ltd. Fundamentals Summary

How do Taier Heavy Industry's earnings and revenue compare to its market cap?
002347 fundamental statistics
Market capCN¥3.14b
Earnings (TTM)-CN¥53.82m
Revenue (TTM)CN¥1.04b

3.0x

P/S Ratio

-58.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002347 income statement (TTM)
RevenueCN¥1.04b
Cost of RevenueCN¥878.09m
Gross ProfitCN¥161.30m
Other ExpensesCN¥215.12m
Earnings-CN¥53.82m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.11
Gross Margin15.52%
Net Profit Margin-5.18%
Debt/Equity Ratio7.9%

How did 002347 perform over the long term?

See historical performance and comparison