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Innovation New Material Technology SHSE:600361 Stock Report

Last Price

CN¥4.11

Market Cap

CN¥16.9b

7D

-4.0%

1Y

-10.8%

Updated

21 Dec, 2024

Data

Company Financials +

Innovation New Material Technology Co., Ltd.

SHSE:600361 Stock Report

Market Cap: CN¥16.9b

My Notes

Capture your thoughts, links and company narrative

Innovation New Material Technology Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Innovation New Material Technology
Historical stock prices
Current Share PriceCN¥4.11
52 Week HighCN¥5.11
52 Week LowCN¥3.34
Beta0.15
1 Month Change1.99%
3 Month Change17.77%
1 Year Change-10.85%
3 Year Change-28.65%
5 Year Change9.60%
Change since IPO-38.23%

Recent News & Updates

These 4 Measures Indicate That Innovation New Material Technology (SHSE:600361) Is Using Debt Extensively

Dec 20
These 4 Measures Indicate That Innovation New Material Technology (SHSE:600361) Is Using Debt Extensively

Innovation New Material Technology Co., Ltd. (SHSE:600361) Screens Well But There Might Be A Catch

Oct 17
Innovation New Material Technology Co., Ltd. (SHSE:600361) Screens Well But There Might Be A Catch

Recent updates

These 4 Measures Indicate That Innovation New Material Technology (SHSE:600361) Is Using Debt Extensively

Dec 20
These 4 Measures Indicate That Innovation New Material Technology (SHSE:600361) Is Using Debt Extensively

Innovation New Material Technology Co., Ltd. (SHSE:600361) Screens Well But There Might Be A Catch

Oct 17
Innovation New Material Technology Co., Ltd. (SHSE:600361) Screens Well But There Might Be A Catch

Innovation New Material Technology Co., Ltd.'s (SHSE:600361) Shares Lagging The Market But So Is The Business

Jul 12
Innovation New Material Technology Co., Ltd.'s (SHSE:600361) Shares Lagging The Market But So Is The Business

Here's Why Innovation New Material Technology (SHSE:600361) Has A Meaningful Debt Burden

May 24
Here's Why Innovation New Material Technology (SHSE:600361) Has A Meaningful Debt Burden

Concerns Surrounding Innovation New Material Technology's (SHSE:600361) Performance

May 02
Concerns Surrounding Innovation New Material Technology's (SHSE:600361) Performance

Sentiment Still Eluding Innovation New Material Technology Co., Ltd. (SHSE:600361)

Feb 29
Sentiment Still Eluding Innovation New Material Technology Co., Ltd. (SHSE:600361)

Shareholder Returns

600361CN Consumer RetailingCN Market
7D-4.0%-6.3%-1.2%
1Y-10.8%5.8%11.8%

Return vs Industry: 600361 underperformed the CN Consumer Retailing industry which returned 5.8% over the past year.

Return vs Market: 600361 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 600361's price volatile compared to industry and market?
600361 volatility
600361 Average Weekly Movement6.2%
Consumer Retailing Industry Average Movement8.6%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 600361 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600361's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199610,724Wei Wangwww.innovationmetal.com

Innovation New Material Technology Co., Ltd. engages in the research, development, production, and processing of aluminum alloys and their products in China. Its products portfolio includes high-end aluminum alloy rods, profiles, structural parts, strip foil, and aluminum rods and cables used in 3C electronics, such as mobile phones, tablets, earphones, TV frames, and other products; automotive lightweight, including automobile wheels, battery trays, anti-collision beams, car seats, decorative strips and other components, and related products; new energy, such as solar panels, photovoltaic modules, and photovoltaic pillars; construction projects comprising urban rail transit, high-speed rail, and motor vehicle transportation; and other fields.

Innovation New Material Technology Co., Ltd. Fundamentals Summary

How do Innovation New Material Technology's earnings and revenue compare to its market cap?
600361 fundamental statistics
Market capCN¥16.88b
Earnings (TTM)CN¥1.03b
Revenue (TTM)CN¥78.91b

16.4x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600361 income statement (TTM)
RevenueCN¥78.91b
Cost of RevenueCN¥76.16b
Gross ProfitCN¥2.75b
Other ExpensesCN¥1.72b
EarningsCN¥1.03b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin3.48%
Net Profit Margin1.31%
Debt/Equity Ratio99.1%

How did 600361 perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

29%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 23:33
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

Innovation New Material Technology Co., Ltd. is covered by 16 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Changzhou WangChina International Capital Corporation Limited
Zheng WangChina International Capital Corporation Limited
Chong AoCitic Securities Co., Ltd.