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Snowsky Salt Industry GroupLTD SHSE:600929 Stock Report

Last Price

CN¥5.70

Market Cap

CN¥9.7b

7D

-3.9%

1Y

-24.6%

Updated

03 Jun, 2024

Data

Company Financials +

Snowsky Salt Industry Group CO.,LTD

SHSE:600929 Stock Report

Market Cap: CN¥9.7b

Snowsky Salt Industry Group CO.,LTD Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Snowsky Salt Industry GroupLTD
Historical stock prices
Current Share PriceCN¥5.70
52 Week HighCN¥8.78
52 Week LowCN¥4.53
Beta0.26
1 Month Change-6.40%
3 Month Change2.52%
1 Year Change-24.60%
3 Year Change-11.08%
5 Year Change-30.32%
Change since IPO6.74%

Recent News & Updates

We Think Snowsky Salt Industry GroupLTD (SHSE:600929) Can Stay On Top Of Its Debt

May 27
We Think Snowsky Salt Industry GroupLTD (SHSE:600929) Can Stay On Top Of Its Debt

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

We Think Snowsky Salt Industry GroupLTD (SHSE:600929) Can Stay On Top Of Its Debt

May 27
We Think Snowsky Salt Industry GroupLTD (SHSE:600929) Can Stay On Top Of Its Debt

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-3.9%-0.9%-0.4%
1Y-24.6%-17.1%-12.6%

Return vs Industry: 600929 underperformed the CN Chemicals industry which returned -17.1% over the past year.

Return vs Market: 600929 underperformed the CN Market which returned -12.6% over the past year.

Price Volatility

Is 600929's price volatile compared to industry and market?
600929 volatility
600929 Average Weekly Movement3.1%
Chemicals Industry Average Movement6.8%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.1%

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

Volatility Over Time: 600929's weekly volatility (3%) 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 GroupLTD's earnings and revenue compare to its market cap?
600929 fundamental statistics
Market capCN¥9.67b
Earnings (TTM)CN¥689.02m
Revenue (TTM)CN¥6.32b

13.7x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600929 income statement (TTM)
RevenueCN¥6.32b
Cost of RevenueCN¥4.43b
Gross ProfitCN¥1.88b
Other ExpensesCN¥1.20b
EarningsCN¥689.02m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.42
Gross Margin29.84%
Net Profit Margin10.91%
Debt/Equity Ratio1.9%

How did 600929 perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

47%

Payout Ratio
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