600589 Stock Overview
Through its subsidiary, engages in the internet data center business in China. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Dawei Technology (Guangdong) Group Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥4.11 |
| 52 Week High | CN¥6.62 |
| 52 Week Low | CN¥2.07 |
| Beta | -0.31 |
| 1 Month Change | -22.01% |
| 3 Month Change | 21.60% |
| 1 Year Change | 5.66% |
| 3 Year Change | 82.67% |
| 5 Year Change | -27.77% |
| Change since IPO | -66.84% |
Recent News & Updates
Is Dawei Technology (Guangdong) Group (SHSE:600589) Using Too Much Debt?
Dec 05
Optimistic Investors Push Guangdong Rongtai Industry Co.,Ltd (SHSE:600589) Shares Up 40% But Growth Is Lacking
Nov 08Recent updates
Is Dawei Technology (Guangdong) Group (SHSE:600589) Using Too Much Debt?
Dec 05Optimistic Investors Push Guangdong Rongtai Industry Co.,Ltd (SHSE:600589) Shares Up 40% But Growth Is Lacking
Nov 08Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 30% Share Price Surge Not Quite Adding Up
Sep 24Guangdong Rongtai IndustryLtd (SHSE:600589) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Aug 29Guangdong Rongtai IndustryLtd (SHSE:600589) Has Debt But No Earnings; Should You Worry?
Aug 21Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jul 16Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 28% Share Price Plunge Could Signal Some Risk
May 13Does Guangdong Rongtai IndustryLtd (SHSE:600589) Have A Healthy Balance Sheet?
Apr 26Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) Shares Climb 31% But Its Business Is Yet to Catch Up
Mar 04Shareholder Returns
| 600589 | CN Chemicals | CN Market | |
|---|---|---|---|
| 7D | -14.7% | -4.3% | -4.8% |
| 1Y | 5.7% | -7.3% | 5.0% |
Return vs Industry: 600589 exceeded the CN Chemicals industry which returned -7.3% over the past year.
Return vs Market: 600589 matched the CN Market which returned 5% over the past year.
Price Volatility
| 600589 volatility | |
|---|---|
| 600589 Average Weekly Movement | 11.8% |
| Chemicals Industry Average Movement | 7.7% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CN Market | 12.2% |
| 10% least volatile stocks in CN Market | 5.1% |
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 (12%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 115 | Wei Zhang | n/a |
Dawei Technology (Guangdong) Group Co., Ltd., through its subsidiary, engages in the internet data center business in China. It also provides internet services, such as CDN acceleration, data synchronization, server procurement, and data center operation and maintenance. The company was formerly known as Guangdong Rongtai Industry Co.,Ltd and changed its name to Dawei Technology (Guangdong) Group Co., Ltd.
Dawei Technology (Guangdong) Group Co., Ltd. Fundamentals Summary
| 600589 fundamental statistics | |
|---|---|
| Market cap | CN¥6.08b |
| Earnings (TTM) | CN¥176.34m |
| Revenue (TTM) | CN¥394.73m |
34.5x
P/E Ratio15.4x
P/S RatioIs 600589 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 600589 income statement (TTM) | |
|---|---|
| Revenue | CN¥394.73m |
| Cost of Revenue | CN¥367.56m |
| Gross Profit | CN¥27.17m |
| Other Expenses | -CN¥149.17m |
| Earnings | CN¥176.34m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Mar 19, 2025
| Earnings per share (EPS) | 0.12 |
| Gross Margin | 6.88% |
| Net Profit Margin | 44.67% |
| Debt/Equity Ratio | 82.8% |
How did 600589 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 19:35 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Dawei Technology (Guangdong) Group Co., Ltd. is covered by 2 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.
| Analyst | Institution |
|---|---|
| Miao Wang | China Merchants Securities Co. Ltd. |
| Zhi Yi Kang | Huatai Research |