company background image
002404 logo

Zhejiang Jiaxin SilkLtd SZSE:002404 Stock Report

Last Price

CN¥5.33

Market Cap

CN¥3.0b

7D

-0.9%

1Y

-17.4%

Updated

18 Aug, 2024

Data

Company Financials

Zhejiang Jiaxin Silk Corp.,Ltd.

SZSE:002404 Stock Report

Market Cap: CN¥3.0b

002404 Stock Overview

Zhejiang Jiaxin Silk Corp., Ltd. manufactures and sells silk products.

002404 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends6/6

Rewards

Risk Analysis

No risks detected for 002404 from our risk checks.

Zhejiang Jiaxin Silk Corp.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Jiaxin SilkLtd
Historical stock prices
Current Share PriceCN¥5.33
52 Week HighCN¥7.30
52 Week LowCN¥4.07
Beta0.64
11 Month Change2.50%
3 Month Change-15.40%
1 Year Change-17.36%
33 Year Change-9.81%
5 Year Change-0.93%
Change since IPO-3.67%

Recent News & Updates

Zhejiang Jiaxin Silk Corp.,Ltd. (SZSE:002404) Surges 25% Yet Its Low P/E Is No Reason For Excitement

May 22
Zhejiang Jiaxin Silk Corp.,Ltd. (SZSE:002404) Surges 25% Yet Its Low P/E Is No Reason For Excitement

Recent updates

Zhejiang Jiaxin Silk Corp.,Ltd. (SZSE:002404) Surges 25% Yet Its Low P/E Is No Reason For Excitement

May 22
Zhejiang Jiaxin Silk Corp.,Ltd. (SZSE:002404) Surges 25% Yet Its Low P/E Is No Reason For Excitement

Shareholder Returns

002404CN LuxuryCN Market
7D-0.9%-1.1%-0.3%
1Y-17.4%-24.3%-18.1%

Return vs Industry: 002404 exceeded the CN Luxury industry which returned -24.3% over the past year.

Return vs Market: 002404 matched the CN Market which returned -18.1% over the past year.

Price Volatility

Is 002404's price volatile compared to industry and market?
002404 volatility
002404 Average Weekly Movement5.3%
Luxury Industry Average Movement5.1%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.7%

Stable Share Price: 002404's share price has been volatile over the past 3 months.

Volatility Over Time: 002404's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19843,856Hong Xuwww.chinesesilk.cn

Zhejiang Jiaxin Silk Corp., Ltd. manufactures and sells silk products. It offers silk, silk blended, and non-silk clothing products; silk knitted silk and silk woven silk fabrics for use in manufacture of various fashions, underwear, home textile and decorative items, etc.; and white silk products for weaving silk fabrics. The company is involved in the bleaching, dyeing and printing, and processing of grey fabrics; and manufacturing of precision hardware components, including clothing hardware, electrical hardware, electronic hardware, electrical appliance hardware, furniture hardware, etc. The company was founded in 1984 and is based in Jiaxing, China.

Zhejiang Jiaxin Silk Corp.,Ltd. Fundamentals Summary

How do Zhejiang Jiaxin SilkLtd's earnings and revenue compare to its market cap?
002404 fundamental statistics
Market capCN¥2.99b
Earnings (TTM)CN¥212.87m
Revenue (TTM)CN¥4.50b

14.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002404 income statement (TTM)
RevenueCN¥4.50b
Cost of RevenueCN¥3.90b
Gross ProfitCN¥601.22m
Other ExpensesCN¥388.35m
EarningsCN¥212.87m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 29, 2024

Earnings per share (EPS)0.38
Gross Margin13.35%
Net Profit Margin4.73%
Debt/Equity Ratio47.7%

How did 002404 perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

79%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.