688308 logo

OKE Precision Cutting Tools XSSC:688308 Stock Report

Last Price

CN¥17.98

Market Cap

CN¥2.8b

7D

-8.5%

1Y

-54.6%

Updated

04 Jul, 2024

Data

Company Financials +

OKE Precision Cutting Tools Co., Ltd.

XSSC:688308 Stock Report

Market Cap: CN¥2.8b

OKE Precision Cutting Tools Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for OKE Precision Cutting Tools
Historical stock prices
Current Share PriceCN¥17.98
52 Week HighCN¥43.98
52 Week LowCN¥15.82
Beta0.47
11 Month Change-22.77%
3 Month Change-12.59%
1 Year Change-54.57%
33 Year Changen/a
5 Year Changen/a
Change since IPO-64.85%

Recent News & Updates

Recent updates

Shareholder Returns

688308CN MachineryCN Market
7D-8.5%-1.9%-1.4%
1Y-54.6%-21.8%-19.1%

Return vs Industry: 688308 underperformed the CN Machinery industry which returned -21.8% over the past year.

Return vs Market: 688308 underperformed the CN Market which returned -19.1% over the past year.

Price Volatility

Is 688308's price volatile compared to industry and market?
688308 volatility
688308 Average Weekly Movement8.7%
Machinery Industry Average Movement6.9%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 688308's share price has been volatile over the past 3 months.

Volatility Over Time: 688308's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
19961,070Wenqing Tanwww.oke-carbide.com

OKE Precision Cutting Tools Co., Ltd. engages in the research, development, production, and sale of cemented carbide and CNC cutting tool products. The company offers cutting tools, such as turning, milling, and drilling tools; carbide saw tips for wood, metal, grass, and band applications; and solid carbide saw discs.

OKE Precision Cutting Tools Co., Ltd. Fundamentals Summary

How do OKE Precision Cutting Tools's earnings and revenue compare to its market cap?
688308 fundamental statistics
Market capCN¥2.84b
Earnings (TTM)CN¥136.56m
Revenue (TTM)CN¥1.01b

20.8x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688308 income statement (TTM)
RevenueCN¥1.01b
Cost of RevenueCN¥737.42m
Gross ProfitCN¥269.09m
Other ExpensesCN¥132.54m
EarningsCN¥136.56m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 31, 2024

Earnings per share (EPS)0.86
Gross Margin26.74%
Net Profit Margin13.57%
Debt/Equity Ratio32.3%

How did 688308 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

41%

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.