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GRG Metrology & Test Group XSEC:002967 Stock Report

Last Price

CN¥18.81

Market Cap

CN¥11.0b

7D

15.9%

1Y

59.0%

Updated

21 Jan, 2025

Data

Company Financials +

GRG Metrology & Test Group Co., Ltd.

XSEC:002967 Stock Report

Market Cap: CN¥11.0b

002967 Stock Overview

Operates as a third-party measurement and testing technology service company. More details

002967 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends2/6

Rewards

Trading at 60.8% below our estimate of its fair value

Earnings are forecast to grow 24.48% per year

Earnings grew by 5.7% over the past year

Risk Analysis

Dividend of 0.8% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

GRG Metrology & Test Group Co., Ltd. Competitors

China Machinery Huanyu Certification and Inspection

SZSE:301508

CN¥7.4b

CATARC Automotive Proving GroundLtd

SZSE:301215

CN¥7.6b

Arcplus Group

SHSE:600629

CN¥7.8b

Shenzhen Urban Transport Planning Center

SZSE:301091

CN¥18.0b

Price History & Performance

Summary of share price highs, lows and changes for GRG Metrology & Test Group
Historical stock prices
Current Share PriceCN¥18.81
52 Week HighCN¥18.90
52 Week LowCN¥9.48
Beta0.72
1 Month Change8.48%
3 Month Change13.18%
1 Year Change59.00%
3 Year Change-21.92%
5 Year Changen/a
Change since IPO-29.71%

Recent News & Updates

Recent updates

Shareholder Returns

002967CN Professional ServicesCN Market
7D15.9%1.4%0.8%
1Y59.0%14.0%15.3%

Return vs Industry: 002967 exceeded the CN Professional Services industry which returned 15% over the past year.

Return vs Market: 002967 exceeded the CN Market which returned 16.1% over the past year.

Price Volatility

Is 002967's price volatile compared to industry and market?
002967 volatility
002967 Average Weekly Movement5.4%
Professional Services Industry Average Movement7.1%
Market Average Movement7.0%
10% most volatile stocks in CN Market10.9%
10% least volatile stocks in CN Market4.1%

Stable Share Price: 002967 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002967's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20026,304Zhimao Mingwww.grgtest.com

GRG Metrology & Test Group Co., Ltd. operates as a third-party measurement and testing technology service company. Its services include measurement services; testing services, such as reliability and environmental testing, integrated circuit testing and analysis, electromagnetic compatibility testing, chemical analysis, food testing, ecological environment testing, etc.; and EHS evaluation services, including safety evaluation, environmental impact assessment, and occupational health evaluation.

GRG Metrology & Test Group Co., Ltd. Fundamentals Summary

How do GRG Metrology & Test Group's earnings and revenue compare to its market cap?
002967 fundamental statistics
Market capCN¥10.97b
Earnings (TTM)CN¥255.39m
Revenue (TTM)CN¥3.09b

43.0x

P/E Ratio

3.6x

P/S Ratio

Is 002967 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002967 income statement (TTM)
RevenueCN¥3.09b
Cost of RevenueCN¥1.73b
Gross ProfitCN¥1.35b
Other ExpensesCN¥1.10b
EarningsCN¥255.39m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 28, 2025

Earnings per share (EPS)0.44
Gross Margin43.83%
Net Profit Margin8.28%
Debt/Equity Ratio37.7%

How did 002967 perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

33%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 14:03
End of Day Share Price 2025/01/21 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

GRG Metrology & Test Group Co., Ltd. is covered by 6 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
Xiang LiCitic Securities Co., Ltd.
Rui WangEverbright Securities Co. Ltd.
Shuang WuGuosen Securities Co., Ltd.