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Dawei Technology (Guangdong) Group SHSE:600589 Stock Report

Last Price

CN¥5.47

Market Cap

CN¥7.3b

7D

23.8%

1Y

16.9%

Updated

29 Nov, 2024

Data

Company Financials

Dawei Technology (Guangdong) Group Co., Ltd.

SHSE:600589 Stock Report

Market Cap: CN¥7.3b

600589 Stock Overview

Guangdong Rongtai Industry Co.,Ltd produces and sells chemical materials and other chemical products in China. More details

600589 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends0/6

Dawei Technology (Guangdong) Group Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Dawei Technology (Guangdong) Group
Historical stock prices
Current Share PriceCN¥5.47
52 Week HighCN¥5.08
52 Week LowCN¥2.07
Beta-0.19
11 Month Change19.69%
3 Month Change123.27%
1 Year Change16.88%
33 Year Change144.20%
5 Year Change14.20%
Change since IPO-55.86%

Recent News & Updates

Optimistic Investors Push Guangdong Rongtai Industry Co.,Ltd (SHSE:600589) Shares Up 40% But Growth Is Lacking

Nov 08
Optimistic Investors Push Guangdong Rongtai Industry Co.,Ltd (SHSE:600589) Shares Up 40% But Growth Is Lacking

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 30% Share Price Surge Not Quite Adding Up

Sep 24
Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 30% Share Price Surge Not Quite Adding Up

Recent updates

Optimistic Investors Push Guangdong Rongtai Industry Co.,Ltd (SHSE:600589) Shares Up 40% But Growth Is Lacking

Nov 08
Optimistic Investors Push Guangdong Rongtai Industry Co.,Ltd (SHSE:600589) Shares Up 40% But Growth Is Lacking

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 30% Share Price Surge Not Quite Adding Up

Sep 24
Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 30% Share Price Surge Not Quite Adding Up

Guangdong Rongtai IndustryLtd (SHSE:600589) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Aug 29
Guangdong Rongtai IndustryLtd (SHSE:600589) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Guangdong Rongtai IndustryLtd (SHSE:600589) Has Debt But No Earnings; Should You Worry?

Aug 21
Guangdong Rongtai IndustryLtd (SHSE:600589) Has Debt But No Earnings; Should You Worry?

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Jul 16
Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 28% Share Price Plunge Could Signal Some Risk

May 13
Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 28% Share Price Plunge Could Signal Some Risk

Does Guangdong Rongtai IndustryLtd (SHSE:600589) Have A Healthy Balance Sheet?

Apr 26
Does Guangdong Rongtai IndustryLtd (SHSE:600589) Have A Healthy Balance Sheet?

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) Shares Climb 31% But Its Business Is Yet to Catch Up

Mar 04
Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) Shares Climb 31% But Its Business Is Yet to Catch Up

Shareholder Returns

600589CN ChemicalsCN Market
7D23.8%-3.2%-2.6%
1Y16.9%-3.5%4.2%

Return vs Industry: 600589 exceeded the CN Chemicals industry which returned -3.5% over the past year.

Return vs Market: 600589 exceeded the CN Market which returned 4.2% over the past year.

Price Volatility

Is 600589's price volatile compared to industry and market?
600589 volatility
600589 Average Weekly Movement11.0%
Chemicals Industry Average Movement8.0%
Market Average Movement8.4%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.6%

Stable Share Price: 600589's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 600589's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
1997115Wei Zhangwww.gdrongtai.cn

Guangdong Rongtai Industry Co.,Ltd produces and sells chemical materials and other chemical products in China. The company operates through Chemical Materials and Internet Comprehensive Service Segments. It offers amino plastics and composite materials, formaldehyde solution, phthalic anhydride, and phthalate plasticizers.

Dawei Technology (Guangdong) Group Co., Ltd. Fundamentals Summary

How do Dawei Technology (Guangdong) Group's earnings and revenue compare to its market cap?
600589 fundamental statistics
Market capCN¥7.35b
Earnings (TTM)CN¥176.34m
Revenue (TTM)CN¥394.73m

45.9x

P/E Ratio

20.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600589 income statement (TTM)
RevenueCN¥394.73m
Cost of RevenueCN¥367.56m
Gross ProfitCN¥27.17m
Other Expenses-CN¥149.17m
EarningsCN¥176.34m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin6.88%
Net Profit Margin44.67%
Debt/Equity Ratio82.8%

How did 600589 perform over the long term?

See historical performance and comparison