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Zhejiang Taihua New Material Group SHSE:603055 Stock Report

Last Price

CN¥10.97

Market Cap

CN¥9.1b

7D

-5.8%

1Y

-4.0%

Updated

27 Jul, 2024

Data

Company Financials +

Zhejiang Taihua New Material Group Co., Ltd.

SHSE:603055 Stock Report

Market Cap: CN¥9.1b

Zhejiang Taihua New Material Group Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Taihua New Material Group
Historical stock prices
Current Share PriceCN¥10.97
52 Week HighCN¥13.04
52 Week LowCN¥7.78
Beta0.38
11 Month Change8.72%
3 Month Change5.99%
1 Year Change-4.02%
33 Year Change21.48%
5 Year Change55.82%
Change since IPO15.82%

Recent News & Updates

Recent updates

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-5.8%-1.6%-2.8%
1Y-4.0%-27.7%-21.0%

Return vs Industry: 603055 exceeded the CN Luxury industry which returned -27.7% over the past year.

Return vs Market: 603055 exceeded the CN Market which returned -21% over the past year.

Price Volatility

Is 603055's price volatile compared to industry and market?
603055 volatility
603055 Average Weekly Movement6.2%
Luxury Industry Average Movement5.3%
Market Average Movement5.8%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.9%

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 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¥9.13b
Earnings (TTM)CN¥524.43m
Revenue (TTM)CN¥5.60b

17.4x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603055 income statement (TTM)
RevenueCN¥5.60b
Cost of RevenueCN¥4.41b
Gross ProfitCN¥1.18b
Other ExpensesCN¥658.18m
EarningsCN¥524.43m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 27, 2024

Earnings per share (EPS)0.63
Gross Margin21.13%
Net Profit Margin9.37%
Debt/Equity Ratio90.8%

How did 603055 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

27%

Payout Ratio
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