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OKE Precision Cutting Tools XSSC:688308 Stock Report

Last Price

CN¥18.81

Market Cap

CN¥3.0b

7D

-3.0%

1Y

-30.8%

Updated

26 Dec, 2024

Data

Company Financials +

OKE Precision Cutting Tools Co., Ltd.

XSSC:688308 Stock Report

Market Cap: CN¥3.0b

688308 Stock Overview

Engages in the research, development, production, and sale of cemented carbide and CNC cutting tool products. More details

688308 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance1/6
Financial Health4/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

OKE Precision Cutting Tools Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for OKE Precision Cutting Tools
Historical stock prices
Current Share PriceCN¥18.81
52 Week HighCN¥28.49
52 Week LowCN¥14.07
Beta0.52
1 Month Change-1.57%
3 Month Change1.68%
1 Year Change-30.82%
3 Year Changen/a
5 Year Changen/a
Change since IPO-63.23%

Recent News & Updates

Recent updates

Shareholder Returns

688308CN MachineryCN Market
7D-3.0%-1.5%-1.0%
1Y-30.8%9.0%10.8%

Return vs Industry: 688308 underperformed the CN Machinery industry which returned 9% over the past year.

Return vs Market: 688308 underperformed the CN Market which returned 10.8% over the past year.

Price Volatility

Is 688308's price volatile compared to industry and market?
688308 volatility
688308 Average Weekly Movement9.3%
Machinery Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 688308 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 688308's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19961,274Wenqing 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¥2.96b
Earnings (TTM)CN¥96.26m
Revenue (TTM)CN¥1.12b

30.8x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688308 income statement (TTM)
RevenueCN¥1.12b
Cost of RevenueCN¥853.07m
Gross ProfitCN¥263.70m
Other ExpensesCN¥167.44m
EarningsCN¥96.26m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin23.61%
Net Profit Margin8.62%
Debt/Equity Ratio31.7%

How did 688308 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

57%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 17:54
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

OKE Precision Cutting Tools Co., Ltd. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fu YangChasing Securities
Pei LuChina Galaxy Securities Co., Ltd.
Weixiu GuoChina International Capital Corporation Limited