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New Hope Dairy SZSE:002946 Stock Report

Last Price

CN¥10.19

Market Cap

CN¥8.9b

7D

3.3%

1Y

-39.4%

Updated

24 Apr, 2024

Data

Company Financials +

New Hope Dairy Co., Ltd.

SZSE:002946 Stock Report

Market Cap: CN¥8.9b

New Hope Dairy Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for New Hope Dairy
Historical stock prices
Current Share PriceCN¥10.19
52 Week HighCN¥17.72
52 Week LowCN¥8.10
Beta0.17
1 Month Change2.41%
3 Month Change-1.83%
1 Year Change-39.38%
3 Year Change-41.70%
5 Year Change-31.79%
Change since IPO29.81%

Recent News & Updates

The Returns At New Hope Dairy (SZSE:002946) Aren't Growing

Mar 17
The Returns At New Hope Dairy (SZSE:002946) Aren't Growing

These 4 Measures Indicate That New Hope Dairy (SZSE:002946) Is Using Debt Reasonably Well

Feb 27
These 4 Measures Indicate That New Hope Dairy (SZSE:002946) Is Using Debt Reasonably Well

Recent updates

The Returns At New Hope Dairy (SZSE:002946) Aren't Growing

Mar 17
The Returns At New Hope Dairy (SZSE:002946) Aren't Growing

These 4 Measures Indicate That New Hope Dairy (SZSE:002946) Is Using Debt Reasonably Well

Feb 27
These 4 Measures Indicate That New Hope Dairy (SZSE:002946) Is Using Debt Reasonably Well

Shareholder Returns

2946CN FoodCN Market
7D3.3%4.2%1.6%
1Y-39.4%-19.2%-15.1%

Return vs Industry: 002946 underperformed the CN Food industry which returned -19.2% over the past year.

Return vs Market: 002946 underperformed the CN Market which returned -15.1% over the past year.

Price Volatility

Is 2946's price volatile compared to industry and market?
2946 volatility
2946 Average Weekly Movement6.4%
Food Industry Average Movement7.0%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 002946 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002946's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20069,630Chuan Zhunewhopedairy.cn

New Hope Dairy Co., Ltd. produces and sells dairy products in China. It offers liquid milk, milk-containing beverages and milk powder. New Hope Dairy Co., Ltd.

New Hope Dairy Co., Ltd. Fundamentals Summary

How do New Hope Dairy's earnings and revenue compare to its market cap?
2946 fundamental statistics
Market capCN¥8.93b
Earnings (TTM)CN¥432.17m
Revenue (TTM)CN¥10.72b

20.4x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2946 income statement (TTM)
RevenueCN¥10.72b
Cost of RevenueCN¥8.01b
Gross ProfitCN¥2.71b
Other ExpensesCN¥2.28b
EarningsCN¥432.17m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 26, 2024

Earnings per share (EPS)0.50
Gross Margin25.28%
Net Profit Margin4.03%
Debt/Equity Ratio139.5%

How did 2946 perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

17%

Payout Ratio
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