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Snowsky Salt Industry Group SHSE:600929 Stock Report

Last Price

CN¥5.99

Market Cap

CN¥9.9b

7D

-1.0%

1Y

-23.9%

Updated

18 Apr, 2024

Data

Company Financials

Snowsky Salt Industry Group Co., Ltd.

SHSE:600929 Stock Report

Market Cap: CN¥9.9b

600929 Stock Overview

Snowsky Salt Industry Group Co., Ltd. engages in production and sale of salt and salt products.

600929 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Snowsky Salt Industry Group Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Snowsky Salt Industry Group
Historical stock prices
Current Share PriceCN¥5.99
52 Week HighCN¥8.78
52 Week LowCN¥4.53
Beta0.26
1 Month Change5.27%
3 Month Change4.36%
1 Year Change-23.89%
3 Year Change1.01%
5 Year Change-31.78%
Change since IPO12.17%

Recent News & Updates

Snowsky Salt Industry Group's (SHSE:600929) Weak Earnings May Only Reveal A Part Of The Whole Picture

Apr 15
Snowsky Salt Industry Group's (SHSE:600929) Weak Earnings May Only Reveal A Part Of The Whole Picture

Estimating The Intrinsic Value Of Snowsky Salt Industry Group Co., Ltd. (SHSE:600929)

Apr 01
Estimating The Intrinsic Value Of Snowsky Salt Industry Group Co., Ltd. (SHSE:600929)

Recent updates

Snowsky Salt Industry Group's (SHSE:600929) Weak Earnings May Only Reveal A Part Of The Whole Picture

Apr 15
Snowsky Salt Industry Group's (SHSE:600929) Weak Earnings May Only Reveal A Part Of The Whole Picture

Estimating The Intrinsic Value Of Snowsky Salt Industry Group Co., Ltd. (SHSE:600929)

Apr 01
Estimating The Intrinsic Value Of Snowsky Salt Industry Group Co., Ltd. (SHSE:600929)

Shareholder Returns

600929CN ChemicalsCN Market
7D-1.0%-2.7%-0.4%
1Y-23.9%-23.6%-17.6%

Return vs Industry: 600929 exceeded the CN Chemicals industry which returned -25% over the past year.

Return vs Market: 600929 underperformed the CN Market which returned -17.8% over the past year.

Price Volatility

Is 600929's price volatile compared to industry and market?
600929 volatility
600929 Average Weekly Movement5.7%
Chemicals Industry Average Movement8.9%
Market Average Movement8.9%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.4%

Stable Share Price: 600929 has not had significant price volatility in the past 3 months.

Volatility Over Time: 600929's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20115,680Ha Bin Wangwww.snowskysalt.com.cn

Snowsky Salt Industry Group Co., Ltd. engages in production and sale of salt and salt products. It offers table salt, industrial salt, daily chemical salt, livestock salt, caustic soda, soda ash, ammonium chloride, hydrogen peroxide, glauber salt, etc. The company was formerly known as Hunan Salt Industry Co., Ltd.

Snowsky Salt Industry Group Co., Ltd. Fundamentals Summary

How do Snowsky Salt Industry Group's earnings and revenue compare to its market cap?
600929 fundamental statistics
Market capCN¥9.94b
Earnings (TTM)CN¥708.75m
Revenue (TTM)CN¥6.26b

14.0x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600929 income statement (TTM)
RevenueCN¥6.26b
Cost of RevenueCN¥4.33b
Gross ProfitCN¥1.94b
Other ExpensesCN¥1.23b
EarningsCN¥708.75m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 27, 2024

Earnings per share (EPS)0.43
Gross Margin30.90%
Net Profit Margin11.32%
Debt/Equity Ratio10.1%

How did 600929 perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

44%

Payout Ratio
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