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New East New Materials SHSE:603110 Stock Report

Last Price

CN¥17.50

Market Cap

CN¥3.5b

7D

15.5%

1Y

-31.3%

Updated

01 May, 2024

Data

Company Financials

New East New Materials Co., Ltd

SHSE:603110 Stock Report

Market Cap: CN¥3.5b

603110 Stock Overview

New East New Materials Co., Ltd manufactures and sells raw materials for the flexible packaging industry in China.

603110 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

New East New Materials Co., Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for New East New Materials
Historical stock prices
Current Share PriceCN¥17.50
52 Week HighCN¥37.33
52 Week LowCN¥12.32
Beta0.61
1 Month Change-0.057%
3 Month Change-0.91%
1 Year Change-31.32%
3 Year Change-35.85%
5 Year Change92.76%
Change since IPO82.64%

Recent News & Updates

New East New Materials Co., Ltd's (SHSE:603110) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Apr 16
New East New Materials Co., Ltd's (SHSE:603110) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

There Are Some Reasons To Suggest That New East New Materials' (SHSE:603110) Earnings Are A Poor Reflection Of Profitability

Apr 03
There Are Some Reasons To Suggest That New East New Materials' (SHSE:603110) Earnings Are A Poor Reflection Of Profitability

Recent updates

New East New Materials Co., Ltd's (SHSE:603110) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Apr 16
New East New Materials Co., Ltd's (SHSE:603110) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

There Are Some Reasons To Suggest That New East New Materials' (SHSE:603110) Earnings Are A Poor Reflection Of Profitability

Apr 03
There Are Some Reasons To Suggest That New East New Materials' (SHSE:603110) Earnings Are A Poor Reflection Of Profitability

Unpleasant Surprises Could Be In Store For New East New Materials Co., Ltd's (SHSE:603110) Shares

Feb 27
Unpleasant Surprises Could Be In Store For New East New Materials Co., Ltd's (SHSE:603110) Shares

Shareholder Returns

603110CN ChemicalsCN Market
7D15.5%4.8%4.2%
1Y-31.3%-18.0%-13.2%

Return vs Industry: 603110 underperformed the CN Chemicals industry which returned -18% over the past year.

Return vs Market: 603110 underperformed the CN Market which returned -13.2% over the past year.

Price Volatility

Is 603110's price volatile compared to industry and market?
603110 volatility
603110 Average Weekly Movement11.2%
Chemicals Industry Average Movement8.7%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 603110 has not had significant price volatility in the past 3 months.

Volatility Over Time: 603110's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
1983393Sheng Xin Zhuangwww.chinaneweast.com

New East New Materials Co., Ltd manufactures and sells raw materials for the flexible packaging industry in China. It offers pharmaceutical and food flexible packaging inks, plastic flexible packaging, composite adhesives, and liquid photosensitive solder resist. The company was founded in 1983 and is based in Taizhou, China.

New East New Materials Co., Ltd Fundamentals Summary

How do New East New Materials's earnings and revenue compare to its market cap?
603110 fundamental statistics
Market capCN¥3.52b
Earnings (TTM)CN¥50.15m
Revenue (TTM)CN¥398.47m

70.2x

P/E Ratio

8.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603110 income statement (TTM)
RevenueCN¥398.47m
Cost of RevenueCN¥291.14m
Gross ProfitCN¥107.33m
Other ExpensesCN¥57.18m
EarningsCN¥50.15m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin26.93%
Net Profit Margin12.58%
Debt/Equity Ratio0%

How did 603110 perform over the long term?

See historical performance and comparison
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