company background image
2946 logo

New Hope Dairy SZSE:002946 Stock Report

Last Price

CN¥9.98

Market Cap

CN¥8.6b

7D

0.2%

1Y

-39.1%

Updated

16 Jun, 2024

Data

Company Financials +

New Hope Dairy Co., Ltd.

SZSE:002946 Stock Report

Market Cap: CN¥8.6b

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¥9.98
52 Week HighCN¥16.56
52 Week LowCN¥8.10
Beta0.20
1 Month Change-8.52%
3 Month Change-5.13%
1 Year Change-39.07%
3 Year Change-38.20%
5 Year Change-33.82%
Change since IPO27.13%

Recent News & Updates

New Hope Dairy Co., Ltd.'s (SZSE:002946) Earnings Are Not Doing Enough For Some Investors

Jun 11
New Hope Dairy Co., Ltd.'s (SZSE:002946) Earnings Are Not Doing Enough For Some Investors

New Hope Dairy's (SZSE:002946) Solid Earnings Are Supported By Other Strong Factors

May 02
New Hope Dairy's (SZSE:002946) Solid Earnings Are Supported By Other Strong Factors

Recent updates

New Hope Dairy Co., Ltd.'s (SZSE:002946) Earnings Are Not Doing Enough For Some Investors

Jun 11
New Hope Dairy Co., Ltd.'s (SZSE:002946) Earnings Are Not Doing Enough For Some Investors

New Hope Dairy's (SZSE:002946) Solid Earnings Are Supported By Other Strong Factors

May 02
New Hope Dairy's (SZSE:002946) Solid Earnings Are Supported By Other Strong Factors

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
7D0.2%-1.5%0.06%
1Y-39.1%-17.0%-16.1%

Return vs Industry: 002946 underperformed the CN Food industry which returned -17% over the past year.

Return vs Market: 002946 underperformed the CN Market which returned -16.1% over the past year.

Price Volatility

Is 2946's price volatile compared to industry and market?
2946 volatility
2946 Average Weekly Movement5.2%
Food Industry Average Movement5.8%
Market Average Movement6.8%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market4.2%

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

Volatility Over Time: 002946's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20068,793Chuan 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¥8.59b
Earnings (TTM)CN¥459.49m
Revenue (TTM)CN¥11.08b

18.7x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2946 income statement (TTM)
RevenueCN¥11.08b
Cost of RevenueCN¥8.14b
Gross ProfitCN¥2.94b
Other ExpensesCN¥2.48b
EarningsCN¥459.49m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin26.55%
Net Profit Margin4.15%
Debt/Equity Ratio150.1%

How did 2946 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

28%

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.