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Suzhou Cheersson Precision Metal Forming SZSE:002976 Stock Report

Last Price

CN¥24.87

Market Cap

CN¥3.0b

7D

0.08%

1Y

2.0%

Updated

09 May, 2024

Data

Company Financials +

Suzhou Cheersson Precision Metal Forming Co., Ltd.

SZSE:002976 Stock Report

Market Cap: CN¥3.0b

Suzhou Cheersson Precision Metal Forming Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Suzhou Cheersson Precision Metal Forming
Historical stock prices
Current Share PriceCN¥24.87
52 Week HighCN¥43.42
52 Week LowCN¥16.75
Beta0.24
1 Month Change-15.26%
3 Month Change31.45%
1 Year Change2.01%
3 Year Change32.52%
5 Year Changen/a
Change since IPO9.04%

Recent News & Updates

There May Be Reason For Hope In Suzhou Cheersson Precision Metal Forming's (SZSE:002976) Disappointing Earnings

Apr 18
There May Be Reason For Hope In Suzhou Cheersson Precision Metal Forming's (SZSE:002976) Disappointing Earnings

Recent updates

There May Be Reason For Hope In Suzhou Cheersson Precision Metal Forming's (SZSE:002976) Disappointing Earnings

Apr 18
There May Be Reason For Hope In Suzhou Cheersson Precision Metal Forming's (SZSE:002976) Disappointing Earnings

Suzhou Cheersson Precision Metal Forming Co., Ltd.'s (SZSE:002976) P/E Still Appears To Be Reasonable

Feb 28
Suzhou Cheersson Precision Metal Forming Co., Ltd.'s (SZSE:002976) P/E Still Appears To Be Reasonable

Shareholder Returns

2976CN MachineryCN Market
7D0.08%1.4%0.9%
1Y2.0%-3.8%-11.3%

Return vs Industry: 002976 exceeded the CN Machinery industry which returned -3.8% over the past year.

Return vs Market: 002976 exceeded the CN Market which returned -11.3% over the past year.

Price Volatility

Is 2976's price volatile compared to industry and market?
2976 volatility
2976 Average Weekly Movement9.9%
Machinery Industry Average Movement8.1%
Market Average Movement7.4%
10% most volatile stocks in CN Market11.1%
10% least volatile stocks in CN Market4.3%

Stable Share Price: 002976's share price has been volatile over the past 3 months.

Volatility Over Time: 002976's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20122,226Xiaomin Chenwww.cheersson.com

Suzhou Cheersson Precision Metal Forming Co., Ltd. produces and sells communication equipment parts. The company offers precision metal parts, such as resonator, low pass, cover plate, rivets and other communication parts, automotive safety system, transmission system, and intelligent connection system; and automotive seat parts, including bracket, solenoid valve housing, oil seal skeleton, gearbox hub and other precision metal parts, bolts, nuts, and other fastening system components.

Suzhou Cheersson Precision Metal Forming Co., Ltd. Fundamentals Summary

How do Suzhou Cheersson Precision Metal Forming's earnings and revenue compare to its market cap?
2976 fundamental statistics
Market capCN¥3.00b
Earnings (TTM)CN¥29.89m
Revenue (TTM)CN¥1.55b

100.4x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2976 income statement (TTM)
RevenueCN¥1.55b
Cost of RevenueCN¥1.23b
Gross ProfitCN¥324.76m
Other ExpensesCN¥294.86m
EarningsCN¥29.89m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin20.91%
Net Profit Margin1.92%
Debt/Equity Ratio37.4%

How did 2976 perform over the long term?

See historical performance and comparison
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