600929 Stock Overview
Engages in production and sale of salt and salt products. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Snowsky Salt Industry Group CO.,LTD Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥5.44 |
| 52 Week High | CN¥6.76 |
| 52 Week Low | CN¥4.53 |
| Beta | 0.37 |
| 1 Month Change | -7.95% |
| 3 Month Change | -11.69% |
| 1 Year Change | -15.40% |
| 3 Year Change | -25.99% |
| 5 Year Change | -19.05% |
| Change since IPO | 1.87% |
Recent News & Updates
Recent updates
Sentiment Still Eluding Snowsky Salt Industry Group CO.,LTD (SHSE:600929)
Dec 23
Earnings Working Against Snowsky Salt Industry Group CO.,LTD's (SHSE:600929) Share Price
Aug 12We Think Snowsky Salt Industry GroupLTD (SHSE:600929) Can Stay On Top Of Its Debt
May 27Snowsky Salt Industry Group's (SHSE:600929) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 15Estimating The Intrinsic Value Of Snowsky Salt Industry Group Co., Ltd. (SHSE:600929)
Apr 01Shareholder Returns
| 600929 | CN Chemicals | CN Market | |
|---|---|---|---|
| 7D | -5.1% | -6.6% | -7.1% |
| 1Y | -15.4% | -7.9% | 3.9% |
Return vs Industry: 600929 underperformed the CN Chemicals industry which returned -7.9% over the past year.
Return vs Market: 600929 underperformed the CN Market which returned 3.9% over the past year.
Price Volatility
| 600929 volatility | |
|---|---|
| 600929 Average Weekly Movement | 4.0% |
| Chemicals Industry Average Movement | 7.7% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in CN Market | 12.2% |
| 10% least volatile stocks in CN Market | 5.1% |
Stable Share Price: 600929 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 600929's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 5,680 | Ha Bin Wang | www.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. The company was founded in 2011 and is headquartered in Changsha, China.
Snowsky Salt Industry Group CO.,LTD Fundamentals Summary
| 600929 fundamental statistics | |
|---|---|
| Market cap | CN¥9.02b |
| Earnings (TTM) | CN¥546.49m |
| Revenue (TTM) | CN¥6.00b |
16.5x
P/E Ratio1.5x
P/S RatioIs 600929 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 600929 income statement (TTM) | |
|---|---|
| Revenue | CN¥6.00b |
| Cost of Revenue | CN¥4.28b |
| Gross Profit | CN¥1.72b |
| Other Expenses | CN¥1.18b |
| Earnings | CN¥546.49m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Apr 15, 2025
| Earnings per share (EPS) | 0.33 |
| Gross Margin | 28.71% |
| Net Profit Margin | 9.11% |
| Debt/Equity Ratio | 5.5% |
How did 600929 perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield61%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 02:21 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
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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
Snowsky Salt Industry Group CO.,LTD is covered by 3 analysts. 2 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 |
|---|---|
| Jing Huang | Chasing Securities |
| Xiaohan Sun | Haitong International Research Limited |
| Wende Wu | Tianfeng Securities Brokerage Co., Ltd |