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Zhejiang Taihua New MaterialLtd SHSE:603055 Stock Report

Last Price

CN¥10.25

Market Cap

CN¥8.5b

7D

0.3%

1Y

1.0%

Updated

24 Apr, 2024

Data

Company Financials +

Zhejiang Taihua New Material Co.,Ltd

SHSE:603055 Stock Report

Market Cap: CN¥8.5b

603055 Stock Overview

Zhejiang Taihua New Material Co.,Ltd engages in the research and development, spinning, weaving, dyeing, finishing, and selling of environmental protection and health, outdoor sports, special protection, and other functional fabrics in the People’s Republic of China.

603055 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance4/6
Financial Health3/6
Dividends2/6

Zhejiang Taihua New Material Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Taihua New MaterialLtd
Historical stock prices
Current Share PriceCN¥10.25
52 Week HighCN¥12.78
52 Week LowCN¥7.78
Beta0.39
1 Month Change11.90%
3 Month Change0.49%
1 Year Change0.99%
3 Year Change68.86%
5 Year Change31.65%
Change since IPO8.22%

Recent News & Updates

Revenue Beat: Zhejiang Taihua New Material Co.,Ltd Exceeded Revenue Forecasts By 7.5% And Analysts Are Updating Their Estimates

Apr 12
Revenue Beat: Zhejiang Taihua New Material Co.,Ltd Exceeded Revenue Forecasts By 7.5% And Analysts Are Updating Their Estimates

Recent updates

Revenue Beat: Zhejiang Taihua New Material Co.,Ltd Exceeded Revenue Forecasts By 7.5% And Analysts Are Updating Their Estimates

Apr 12
Revenue Beat: Zhejiang Taihua New Material Co.,Ltd Exceeded Revenue Forecasts By 7.5% And Analysts Are Updating Their Estimates

Many Still Looking Away From Zhejiang Taihua New Material Co.,Ltd (SHSE:603055)

Mar 24
Many Still Looking Away From Zhejiang Taihua New Material Co.,Ltd (SHSE:603055)

Shareholder Returns

603055CN LuxuryCN Market
7D0.3%-1.2%-0.4%
1Y1.0%-7.7%-14.4%

Return vs Industry: 603055 exceeded the CN Luxury industry which returned -7.3% over the past year.

Return vs Market: 603055 exceeded the CN Market which returned -15.1% over the past year.

Price Volatility

Is 603055's price volatile compared to industry and market?
603055 volatility
603055 Average Weekly Movement6.5%
Luxury Industry Average Movement8.4%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 603055 has not had significant price volatility in the past 3 months.

Volatility Over Time: 603055's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20015,758Wei Feng Shenwww.textaihua.com

Zhejiang Taihua New Material Co.,Ltd engages in the research and development, spinning, weaving, dyeing, finishing, and selling of environmental protection and health, outdoor sports, special protection, and other functional fabrics in the People’s Republic of China. The company offers cool, antibacterial, hygroscopic and sweat releasing, recycled environment-friendly, nylon mechanical stretch, air textured, and dope dyed yarns; nylon filaments; grey fabrics; and functional finished fabrics. It also trades in finished nylon fabrics.

Zhejiang Taihua New Material Co.,Ltd Fundamentals Summary

How do Zhejiang Taihua New MaterialLtd's earnings and revenue compare to its market cap?
603055 fundamental statistics
Market capCN¥8.53b
Earnings (TTM)CN¥449.11m
Revenue (TTM)CN¥5.09b

19.0x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603055 income statement (TTM)
RevenueCN¥5.09b
Cost of RevenueCN¥4.06b
Gross ProfitCN¥1.04b
Other ExpensesCN¥588.70m
EarningsCN¥449.11m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 27, 2024

Earnings per share (EPS)0.54
Gross Margin20.37%
Net Profit Margin8.82%
Debt/Equity Ratio82.1%

How did 603055 perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

32%

Payout Ratio
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