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Cangzhou Mingzhu PlasticLtd SZSE:002108 Stock Report

Last Price

CN¥3.59

Market Cap

CN¥6.0b

7D

-4.8%

1Y

-11.1%

Updated

25 Dec, 2024

Data

Company Financials

Cangzhou Mingzhu Plastic Co.,Ltd.

SZSE:002108 Stock Report

Market Cap: CN¥6.0b

002108 Stock Overview

Manufactures and sells PE pipe systems, BOPA films, Li-ion battery separators, and composite piping systems in China. More details

002108 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Cangzhou Mingzhu Plastic Co.,Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cangzhou Mingzhu PlasticLtd
Historical stock prices
Current Share PriceCN¥3.59
52 Week HighCN¥4.36
52 Week LowCN¥2.87
Beta0.58
1 Month Change-0.83%
3 Month Change13.25%
1 Year Change-11.14%
3 Year Change-53.74%
5 Year Change-8.18%
Change since IPO164.85%

Recent News & Updates

Returns On Capital At Cangzhou Mingzhu PlasticLtd (SZSE:002108) Paint A Concerning Picture

Dec 03
Returns On Capital At Cangzhou Mingzhu PlasticLtd (SZSE:002108) Paint A Concerning Picture

Earnings Troubles May Signal Larger Issues for Cangzhou Mingzhu PlasticLtd (SZSE:002108) Shareholders

Nov 05
Earnings Troubles May Signal Larger Issues for Cangzhou Mingzhu PlasticLtd (SZSE:002108) Shareholders

Lacklustre Performance Is Driving Cangzhou Mingzhu Plastic Co.,Ltd.'s (SZSE:002108) Low P/E

Oct 28
Lacklustre Performance Is Driving Cangzhou Mingzhu Plastic Co.,Ltd.'s (SZSE:002108) Low P/E

Recent updates

Returns On Capital At Cangzhou Mingzhu PlasticLtd (SZSE:002108) Paint A Concerning Picture

Dec 03
Returns On Capital At Cangzhou Mingzhu PlasticLtd (SZSE:002108) Paint A Concerning Picture

Earnings Troubles May Signal Larger Issues for Cangzhou Mingzhu PlasticLtd (SZSE:002108) Shareholders

Nov 05
Earnings Troubles May Signal Larger Issues for Cangzhou Mingzhu PlasticLtd (SZSE:002108) Shareholders

Lacklustre Performance Is Driving Cangzhou Mingzhu Plastic Co.,Ltd.'s (SZSE:002108) Low P/E

Oct 28
Lacklustre Performance Is Driving Cangzhou Mingzhu Plastic Co.,Ltd.'s (SZSE:002108) Low P/E

Cangzhou Mingzhu PlasticLtd's (SZSE:002108) Dividend Will Be CN¥0.10

May 23
Cangzhou Mingzhu PlasticLtd's (SZSE:002108) Dividend Will Be CN¥0.10

Earnings Troubles May Signal Larger Issues for Cangzhou Mingzhu PlasticLtd (SZSE:002108) Shareholders

May 02
Earnings Troubles May Signal Larger Issues for Cangzhou Mingzhu PlasticLtd (SZSE:002108) Shareholders

Shareholder Returns

002108CN Energy ServicesCN Market
7D-4.8%0.8%0.4%
1Y-11.1%20.0%12.3%

Return vs Industry: 002108 underperformed the CN Energy Services industry which returned 20% over the past year.

Return vs Market: 002108 underperformed the CN Market which returned 12.3% over the past year.

Price Volatility

Is 002108's price volatile compared to industry and market?
002108 volatility
002108 Average Weekly Movement6.6%
Energy Services Industry Average Movement8.0%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 002108 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002108's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995n/aZengsheng Yuwww.cz-mz.com

Cangzhou Mingzhu Plastic Co.,Ltd. manufactures and sells PE pipe systems, BOPA films, Li-ion battery separators, and composite piping systems in China. The company was founded in 1995 and is headquartered in Cangzhou, China.

Cangzhou Mingzhu Plastic Co.,Ltd. Fundamentals Summary

How do Cangzhou Mingzhu PlasticLtd's earnings and revenue compare to its market cap?
002108 fundamental statistics
Market capCN¥6.01b
Earnings (TTM)CN¥168.11m
Revenue (TTM)CN¥2.59b

35.1x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002108 income statement (TTM)
RevenueCN¥2.59b
Cost of RevenueCN¥2.31b
Gross ProfitCN¥278.91m
Other ExpensesCN¥110.80m
EarningsCN¥168.11m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin10.78%
Net Profit Margin6.49%
Debt/Equity Ratio28.4%

How did 002108 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

99%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 16:31
End of Day Share Price 2024/12/25 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

Cangzhou Mingzhu Plastic Co.,Ltd. is covered by 20 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bo Hua WuChangjiang Securities Co. LTD.
Siting XiaChina International Capital Corporation Limited
Liangyong ZhangChina Merchants Securities Co. Ltd.