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Zhejiang Taihua New Material Group SHSE:603055 Stock Report

Last Price

CN¥11.62

Market Cap

CN¥9.7b

7D

-2.6%

1Y

-0.3%

Updated

21 Dec, 2024

Data

Company Financials +

Zhejiang Taihua New Material Group Co., Ltd.

SHSE:603055 Stock Report

Market Cap: CN¥9.7b

My Notes

Capture your thoughts, links and company narrative

Zhejiang Taihua New Material Group Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Taihua New Material Group
Historical stock prices
Current Share PriceCN¥11.62
52 Week HighCN¥13.56
52 Week LowCN¥7.78
Beta0.42
1 Month Change-1.94%
3 Month Change21.93%
1 Year Change-0.34%
3 Year Change-26.55%
5 Year Change68.90%
Change since IPO22.68%

Recent News & Updates

Zhejiang Taihua New Material Group Co., Ltd. (SHSE:603055) Shares Could Be 49% Below Their Intrinsic Value Estimate

Nov 18
Zhejiang Taihua New Material Group Co., Ltd. (SHSE:603055) Shares Could Be 49% Below Their Intrinsic Value Estimate

These 4 Measures Indicate That Zhejiang Taihua New Material Group (SHSE:603055) Is Using Debt Extensively

Oct 11
These 4 Measures Indicate That Zhejiang Taihua New Material Group (SHSE:603055) Is Using Debt Extensively

Recent updates

Zhejiang Taihua New Material Group Co., Ltd. (SHSE:603055) Shares Could Be 49% Below Their Intrinsic Value Estimate

Nov 18
Zhejiang Taihua New Material Group Co., Ltd. (SHSE:603055) Shares Could Be 49% Below Their Intrinsic Value Estimate

These 4 Measures Indicate That Zhejiang Taihua New Material Group (SHSE:603055) Is Using Debt Extensively

Oct 11
These 4 Measures Indicate That Zhejiang Taihua New Material Group (SHSE:603055) Is Using Debt Extensively

We Think That There Are Issues Underlying Zhejiang Taihua New Material Group's (SHSE:603055) Earnings

Sep 02
We Think That There Are Issues Underlying Zhejiang Taihua New Material Group's (SHSE:603055) Earnings

Do Zhejiang Taihua New Material Group's (SHSE:603055) Earnings Warrant Your Attention?

Aug 14
Do Zhejiang Taihua New Material Group's (SHSE:603055) Earnings Warrant Your Attention?

Cautious Investors Not Rewarding Zhejiang Taihua New Material Group Co., Ltd.'s (SHSE:603055) Performance Completely

Jul 28
Cautious Investors Not Rewarding Zhejiang Taihua New Material Group Co., Ltd.'s (SHSE:603055) Performance Completely

Returns On Capital Signal Tricky Times Ahead For Zhejiang Taihua New Material Group (SHSE:603055)

Jul 12
Returns On Capital Signal Tricky Times Ahead For Zhejiang Taihua New Material Group (SHSE:603055)

Zhejiang Taihua New MaterialLtd (SHSE:603055) Has A Somewhat Strained Balance Sheet

May 13
Zhejiang Taihua New MaterialLtd (SHSE:603055) Has A Somewhat Strained Balance Sheet

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
7D-2.6%-3.0%-1.2%
1Y-0.3%6.5%11.8%

Return vs Industry: 603055 underperformed the CN Luxury industry which returned 6.5% over the past year.

Return vs Market: 603055 underperformed the CN Market which returned 11.8% 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 Movement7.7%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

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

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 Group 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.

Zhejiang Taihua New Material Group Co., Ltd. Fundamentals Summary

How do Zhejiang Taihua New Material Group's earnings and revenue compare to its market cap?
603055 fundamental statistics
Market capCN¥9.67b
Earnings (TTM)CN¥740.75m
Revenue (TTM)CN¥6.76b

13.1x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603055 income statement (TTM)
RevenueCN¥6.76b
Cost of RevenueCN¥5.25b
Gross ProfitCN¥1.52b
Other ExpensesCN¥776.84m
EarningsCN¥740.75m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.89
Gross Margin22.44%
Net Profit Margin10.95%
Debt/Equity Ratio90.4%

How did 603055 perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

20%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 01:13
End of Day Share Price 2024/12/20 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

Zhejiang Taihua New Material Group Co., Ltd. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Li LiuChina Merchants Securities Co. Ltd.
Chongguang FengCitic Securities Co., Ltd.
Shijie DingGuosen Securities Co., Ltd.