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Dongguan Chitwing Technology SZSE:002855 Stock Report

Last Price

CN¥20.34

Market Cap

CN¥5.0b

7D

-6.7%

1Y

-47.9%

Updated

26 Dec, 2024

Data

Company Financials

Dongguan Chitwing Technology Co., Ltd.

SZSE:002855 Stock Report

Market Cap: CN¥5.0b

002855 Stock Overview

Manufactures and sells precision structural parts and dies in China. More details

002855 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Dongguan Chitwing Technology Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Dongguan Chitwing Technology
Historical stock prices
Current Share PriceCN¥20.34
52 Week HighCN¥43.74
52 Week LowCN¥16.53
Beta0.12
1 Month Change-14.57%
3 Month Change2.11%
1 Year Change-47.93%
3 Year Change123.52%
5 Year Change50.11%
Change since IPO115.92%

Recent News & Updates

Does Dongguan Chitwing Technology (SZSE:002855) Have A Healthy Balance Sheet?

Nov 27
Does Dongguan Chitwing Technology (SZSE:002855) Have A Healthy Balance Sheet?

Dongguan Chitwing Technology Co., Ltd. (SZSE:002855) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected

Oct 17
Dongguan Chitwing Technology Co., Ltd. (SZSE:002855) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected

Subdued Growth No Barrier To Dongguan Chitwing Technology Co., Ltd.'s (SZSE:002855) Price

Aug 02
Subdued Growth No Barrier To Dongguan Chitwing Technology Co., Ltd.'s (SZSE:002855) Price

Recent updates

Does Dongguan Chitwing Technology (SZSE:002855) Have A Healthy Balance Sheet?

Nov 27
Does Dongguan Chitwing Technology (SZSE:002855) Have A Healthy Balance Sheet?

Dongguan Chitwing Technology Co., Ltd. (SZSE:002855) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected

Oct 17
Dongguan Chitwing Technology Co., Ltd. (SZSE:002855) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected

Subdued Growth No Barrier To Dongguan Chitwing Technology Co., Ltd.'s (SZSE:002855) Price

Aug 02
Subdued Growth No Barrier To Dongguan Chitwing Technology Co., Ltd.'s (SZSE:002855) Price

Would Dongguan Chitwing Technology (SZSE:002855) Be Better Off With Less Debt?

Jun 26
Would Dongguan Chitwing Technology (SZSE:002855) Be Better Off With Less Debt?

More Unpleasant Surprises Could Be In Store For Dongguan Chitwing Technology Co., Ltd.'s (SZSE:002855) Shares After Tumbling 30%

Apr 16
More Unpleasant Surprises Could Be In Store For Dongguan Chitwing Technology Co., Ltd.'s (SZSE:002855) Shares After Tumbling 30%

Investor Optimism Abounds Dongguan Chitwing Technology Co., Ltd. (SZSE:002855) But Growth Is Lacking

Feb 28
Investor Optimism Abounds Dongguan Chitwing Technology Co., Ltd. (SZSE:002855) But Growth Is Lacking

Shareholder Returns

002855CN MachineryCN Market
7D-6.7%-0.5%-0.5%
1Y-47.9%8.3%9.2%

Return vs Industry: 002855 underperformed the CN Machinery industry which returned 9% over the past year.

Return vs Market: 002855 underperformed the CN Market which returned 10.8% over the past year.

Price Volatility

Is 002855's price volatile compared to industry and market?
002855 volatility
002855 Average Weekly Movement9.9%
Machinery Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 002855 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002855's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20073,707Kai Kangwww.chitwing.com

Dongguan Chitwing Technology Co., Ltd. manufactures and sells precision structural parts and dies in China. It also offers Composite material panels, glass and sapphire products, and smart wearables. Its products are used in smartphones, smart watches, TWS headsets, VR/AR, tablet/PC, smart speakers, smart home, and other products.

Dongguan Chitwing Technology Co., Ltd. Fundamentals Summary

How do Dongguan Chitwing Technology's earnings and revenue compare to its market cap?
002855 fundamental statistics
Market capCN¥5.01b
Earnings (TTM)-CN¥242.49m
Revenue (TTM)CN¥1.37b

3.7x

P/S Ratio

-20.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002855 income statement (TTM)
RevenueCN¥1.37b
Cost of RevenueCN¥1.26b
Gross ProfitCN¥115.41m
Other ExpensesCN¥357.89m
Earnings-CN¥242.49m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.98
Gross Margin8.42%
Net Profit Margin-17.69%
Debt/Equity Ratio60.5%

How did 002855 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 08:21
End of Day Share Price 2024/12/26 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

Dongguan Chitwing Technology Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shang Wen ChengIndustrial Securities Co. Ltd.