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Yantai Zhenghai Magnetic Material SZSE:300224 Stock Report

Last Price

CN¥12.65

Market Cap

CN¥10.5b

7D

7.5%

1Y

14.3%

Updated

10 Jan, 2025

Data

Company Financials +

Yantai Zhenghai Magnetic Material Co., Ltd.

SZSE:300224 Stock Report

Market Cap: CN¥10.5b

My Notes

Capture your thoughts, links and company narrative

Yantai Zhenghai Magnetic Material Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Yantai Zhenghai Magnetic Material
Historical stock prices
Current Share PriceCN¥12.65
52 Week HighCN¥17.28
52 Week LowCN¥7.92
Beta0.23
1 Month Change-4.24%
3 Month Change23.41%
1 Year Change14.27%
3 Year Change-18.07%
5 Year Change34.86%
Change since IPO124.20%

Recent News & Updates

Recent updates

Yantai Zhenghai Magnetic Material (SZSE:300224) Has A Somewhat Strained Balance Sheet

Jan 06
Yantai Zhenghai Magnetic Material (SZSE:300224) Has A Somewhat Strained Balance Sheet

There's Been No Shortage Of Growth Recently For Yantai Zhenghai Magnetic Material's (SZSE:300224) Returns On Capital

Dec 15
There's Been No Shortage Of Growth Recently For Yantai Zhenghai Magnetic Material's (SZSE:300224) Returns On Capital

Subdued Growth No Barrier To Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) With Shares Advancing 26%

Nov 22
Subdued Growth No Barrier To Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) With Shares Advancing 26%

Investors Still Aren't Entirely Convinced By Yantai Zhenghai Magnetic Material Co., Ltd.'s (SZSE:300224) Earnings Despite 45% Price Jump

Oct 08
Investors Still Aren't Entirely Convinced By Yantai Zhenghai Magnetic Material Co., Ltd.'s (SZSE:300224) Earnings Despite 45% Price Jump

Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Could Be 46% Below Their Intrinsic Value Estimate

Sep 26
Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Could Be 46% Below Their Intrinsic Value Estimate

Improved Earnings Required Before Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Find Their Feet

Jun 26
Improved Earnings Required Before Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224) Shares Find Their Feet

Yantai Zhenghai Magnetic Material (SZSE:300224) Has Affirmed Its Dividend Of CN¥0.20

Apr 24
Yantai Zhenghai Magnetic Material (SZSE:300224) Has Affirmed Its Dividend Of CN¥0.20

Calculating The Fair Value Of Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224)

Apr 22
Calculating The Fair Value Of Yantai Zhenghai Magnetic Material Co., Ltd. (SZSE:300224)

We Think That There Are Some Issues For Yantai Zhenghai Magnetic Material (SZSE:300224) Beyond Its Promising Earnings

Apr 03
We Think That There Are Some Issues For Yantai Zhenghai Magnetic Material (SZSE:300224) Beyond Its Promising Earnings

We Think Yantai Zhenghai Magnetic Material (SZSE:300224) Can Stay On Top Of Its Debt

Mar 19
We Think Yantai Zhenghai Magnetic Material (SZSE:300224) Can Stay On Top Of Its Debt

Shareholder Returns

300224CN ElectricalCN Market
7D7.5%-1.0%-1.5%
1Y14.3%14.3%5.6%

Return vs Industry: 300224 matched the CN Electrical industry which returned 14.3% over the past year.

Return vs Market: 300224 exceeded the CN Market which returned 5.6% over the past year.

Price Volatility

Is 300224's price volatile compared to industry and market?
300224 volatility
300224 Average Weekly Movement10.4%
Electrical Industry Average Movement7.4%
Market Average Movement7.2%
10% most volatile stocks in CN Market11.2%
10% least volatile stocks in CN Market4.4%

Stable Share Price: 300224's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 300224's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20003,302Zhiqiang Liwww.zhmag.com

Yantai Zhenghai Magnetic Material Co., Ltd. engages in the research and development, manufacturing, and sale of rare earth permanent magnet materials and components in the People’s Republic of China. The company was incorporated in 2000 and is based in Yantai, China.

Yantai Zhenghai Magnetic Material Co., Ltd. Fundamentals Summary

How do Yantai Zhenghai Magnetic Material's earnings and revenue compare to its market cap?
300224 fundamental statistics
Market capCN¥10.55b
Earnings (TTM)CN¥269.10m
Revenue (TTM)CN¥5.06b

39.2x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300224 income statement (TTM)
RevenueCN¥5.06b
Cost of RevenueCN¥4.27b
Gross ProfitCN¥790.53m
Other ExpensesCN¥521.43m
EarningsCN¥269.10m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Apr 23, 2025

Earnings per share (EPS)0.32
Gross Margin15.63%
Net Profit Margin5.32%
Debt/Equity Ratio31.8%

How did 300224 perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

61%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 18:24
End of Day Share Price 2025/01/10 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

Yantai Zhenghai Magnetic Material Co., Ltd. is covered by 11 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jian Jun ZouChasing Securities
Qianming WangEverbright Securities Co. Ltd.
Lufa MingFounder Securities Co., Ltd.