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Taier Heavy Industry SZSE:002347 Stock Report

Last Price

CN¥4.22

Market Cap

CN¥2.1b

7D

-0.2%

1Y

-9.1%

Updated

24 Apr, 2024

Data

Company Financials

Taier Heavy Industry Co., Ltd.

SZSE:002347 Stock Report

Market Cap: CN¥2.1b

2347 Stock Overview

Taier Heavy Industry Co., Ltd. designs, develops, manufactures, markets, and services metallurgical equipment and spare parts in China.

2347 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis


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¥4.22
52 Week HighCN¥8.13
52 Week LowCN¥3.10
Beta0.49
1 Month Change-18.53%
3 Month Change-13.70%
1 Year Change-9.05%
3 Year Change4.98%
5 Year Change-30.25%
Change since IPO-45.74%

Recent News & Updates

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

Recent updates

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

2347CN MachineryCN Market
7D-0.2%2.0%1.6%
1Y-9.1%-6.2%-15.1%

Return vs Industry: 002347 underperformed the CN Machinery industry which returned -6.2% over the past year.

Return vs Market: 002347 exceeded the CN Market which returned -15.1% over the past year.

Price Volatility

Is 2347's price volatile compared to industry and market?
2347 volatility
2347 Average Weekly Movement10.7%
Machinery Industry Average Movement9.7%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 002347's share price has been volatile over the past 3 months.

Volatility Over Time: 002347's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20001,272Zipeng 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?
2347 fundamental statistics
Market capCN¥2.13b
Earnings (TTM)-CN¥33.91m
Revenue (TTM)CN¥1.12b

1.9x

P/S Ratio

-62.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2347 income statement (TTM)
RevenueCN¥1.12b
Cost of RevenueCN¥973.02m
Gross ProfitCN¥146.02m
Other ExpensesCN¥179.93m
Earnings-CN¥33.91m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 26, 2024

Earnings per share (EPS)-0.067
Gross Margin13.05%
Net Profit Margin-3.03%
Debt/Equity Ratio10.6%

How did 2347 perform over the long term?

See historical performance and comparison
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