2645 logo

Jiangsu Huahong Technology XSEC:002645 Stock Report

Last Price

CN¥10.74

Market Cap

CN¥6.2b

7D

17.0%

1Y

-15.6%

Updated

03 May, 2024

Data

Company Financials +

Jiangsu Huahong Technology Co., Ltd.

XSEC:002645 Stock Report

Market Cap: CN¥6.2b

2645 Stock Overview

Jiangsu Huahong Technology Co., Ltd., together with its subsidiaries, engages in the research and development, manufacturing, marketing, and servicing of renewable resource processing equipment in the People’s Republic of China and internationally.

2645 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends3/6

Jiangsu Huahong Technology Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jiangsu Huahong Technology
Historical stock prices
Current Share PriceCN¥10.74
52 Week HighCN¥13.05
52 Week LowCN¥6.12
Beta0.58
1 Month Change-9.82%
3 Month Change39.84%
1 Year Change-15.57%
3 Year Changen/a
5 Year Changen/a
Change since IPO-54.61%

Recent News & Updates

Recent updates

Shareholder Returns

2645CN MachineryCN Market
7D17.0%0.5%1.2%
1Y-15.6%-5.3%-12.6%

Return vs Industry: 002645 underperformed the CN Machinery industry which returned -6.6% over the past year.

Return vs Market: 002645 underperformed the CN Market which returned -13.2% over the past year.

Price Volatility

Is 2645's price volatile compared to industry and market?
2645 volatility
2645 Average Weekly Movement10.6%
Machinery Industry Average Movement9.4%
Market Average Movement8.5%
10% most volatile stocks in CN Market12.5%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 002645's share price has been volatile over the past 3 months.

Volatility Over Time: 002645's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20042,383Pinlong Huwww.hhyyjx.net

Jiangsu Huahong Technology Co., Ltd., together with its subsidiaries, engages in the research and development, manufacturing, marketing, and servicing of renewable resource processing equipment in the People’s Republic of China and internationally. The company primarily offers scrap metal balers, guillotine and alligator shears, scrap metal shredders, waste automobile dismantling equipment, non-metal balers, compactors, briquetting press, and wastepaper, as well as unpacking machines, box shears, strapping balers, and household garbage products. Its products are applied to the national circular economy parks, national urban renewable resource bases, steel and nonferrous metal enterprises, waste steel processing centers, and household garbage processing centers.

Jiangsu Huahong Technology Co., Ltd. Fundamentals Summary

How do Jiangsu Huahong Technology's earnings and revenue compare to its market cap?
2645 fundamental statistics
Market capCN¥6.22b
Earnings (TTM)-CN¥127.45m
Revenue (TTM)CN¥6.33b

1.0x

P/S Ratio

-48.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2645 income statement (TTM)
RevenueCN¥6.33b
Cost of RevenueCN¥6.20b
Gross ProfitCN¥122.19m
Other ExpensesCN¥249.63m
Earnings-CN¥127.45m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.22
Gross Margin1.93%
Net Profit Margin-2.01%
Debt/Equity Ratio28.2%

How did 2645 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

-77%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.