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Zhejiang Taihua New Material Group SHSE:603055 Stock Report

Last Price

CN¥11.53

Market Cap

CN¥9.6b

7D

1.2%

1Y

20.1%

Updated

02 Jun, 2024

Data

Company Financials +

Zhejiang Taihua New Material Group Co., Ltd.

SHSE:603055 Stock Report

Market Cap: CN¥9.6b

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¥11.53
52 Week HighCN¥13.04
52 Week LowCN¥7.78
Beta0.40
1 Month Change3.59%
3 Month Change24.92%
1 Year Change20.10%
3 Year Change91.21%
5 Year Change42.22%
Change since IPO21.73%

Recent News & Updates

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

Recent updates

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
7D1.2%-0.9%-0.4%
1Y20.1%-7.8%-12.6%

Return vs Industry: 603055 exceeded the CN Luxury industry which returned -7.8% over the past year.

Return vs Market: 603055 exceeded the CN Market which returned -12.6% over the past year.

Price Volatility

Is 603055's price volatile compared to industry and market?
603055 volatility
603055 Average Weekly Movement5.9%
Luxury Industry Average Movement6.2%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.1%

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¥9.60b
Earnings (TTM)CN¥524.43m
Revenue (TTM)CN¥5.60b

18.3x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603055 income statement (TTM)
RevenueCN¥5.60b
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

n/a

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

1.4%

Current Dividend Yield

27%

Payout Ratio

Does 603055 pay a reliable dividends?

See 603055 dividend history and benchmarks
When do you need to buy 603055 by to receive an upcoming dividend?
Zhejiang Taihua New Material Group dividend dates
Ex Dividend DateJun 06 2024
Dividend Pay DateJun 06 2024
Days until Ex dividend3 days
Days until Dividend pay date3 days

Does 603055 pay a reliable dividends?

See 603055 dividend history and benchmarks
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