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Shandong Daye SHSE:603278 Stock Report

Last Price

CN¥7.78

Market Cap

CN¥2.6b

7D

-2.9%

1Y

-35.9%

Updated

02 Jan, 2025

Data

Company Financials

Shandong Daye Co., Ltd.

SHSE:603278 Stock Report

Market Cap: CN¥2.6b

603278 Stock Overview

Engages in the research, development, production, and sales of bead wires, steel cords, and hose steel wires in China. More details

603278 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Shandong Daye Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Shandong Daye
Historical stock prices
Current Share PriceCN¥7.78
52 Week HighCN¥12.73
52 Week LowCN¥4.95
Beta0.19
1 Month Change-18.62%
3 Month Change22.52%
1 Year Change-35.86%
3 Year Change-32.11%
5 Year Change-16.70%
Change since IPO-50.60%

Recent News & Updates

There's No Escaping Shandong Daye Co., Ltd.'s (SHSE:603278) Muted Revenues Despite A 25% Share Price Rise

Dec 02
There's No Escaping Shandong Daye Co., Ltd.'s (SHSE:603278) Muted Revenues Despite A 25% Share Price Rise

Recent updates

There's No Escaping Shandong Daye Co., Ltd.'s (SHSE:603278) Muted Revenues Despite A 25% Share Price Rise

Dec 02
There's No Escaping Shandong Daye Co., Ltd.'s (SHSE:603278) Muted Revenues Despite A 25% Share Price Rise

Shandong Daye Co., Ltd. (SHSE:603278) Soars 36% But It's A Story Of Risk Vs Reward

Aug 05
Shandong Daye Co., Ltd. (SHSE:603278) Soars 36% But It's A Story Of Risk Vs Reward

Fewer Investors Than Expected Jumping On Shandong Daye Co., Ltd. (SHSE:603278)

Jun 07
Fewer Investors Than Expected Jumping On Shandong Daye Co., Ltd. (SHSE:603278)

Shandong Daye (SHSE:603278) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

May 02
Shandong Daye (SHSE:603278) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Shandong Daye Co., Ltd. (SHSE:603278) Soars 42% But It's A Story Of Risk Vs Reward

Mar 07
Shandong Daye Co., Ltd. (SHSE:603278) Soars 42% But It's A Story Of Risk Vs Reward

Shareholder Returns

603278CN Metals and MiningCN Market
7D-2.9%-1.8%-1.7%
1Y-35.9%0.2%7.0%

Return vs Industry: 603278 underperformed the CN Metals and Mining industry which returned 0.2% over the past year.

Return vs Market: 603278 underperformed the CN Market which returned 7% over the past year.

Price Volatility

Is 603278's price volatile compared to industry and market?
603278 volatility
603278 Average Weekly Movement11.9%
Metals and Mining Industry Average Movement6.8%
Market Average Movement8.2%
10% most volatile stocks in CN Market12.2%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 603278's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 603278's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20034,487n/awww.sddaye.com

Shandong Daye Co., Ltd. engages in the research, development, production, and sales of bead wires, steel cords, and hose steel wires in China. The company’s products are used in vehicle tires, truck tires, engineering tires, aviation tires and other tire products, and other rubber products, as well as passenger vehicles. Shandong Daye Co., Ltd.

Shandong Daye Co., Ltd. Fundamentals Summary

How do Shandong Daye's earnings and revenue compare to its market cap?
603278 fundamental statistics
Market capCN¥2.64b
Earnings (TTM)-CN¥117.24m
Revenue (TTM)CN¥5.22b

0.5x

P/S Ratio

-22.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603278 income statement (TTM)
RevenueCN¥5.22b
Cost of RevenueCN¥4.96b
Gross ProfitCN¥264.04m
Other ExpensesCN¥381.29m
Earnings-CN¥117.24m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Apr 29, 2025

Earnings per share (EPS)-0.35
Gross Margin5.06%
Net Profit Margin-2.24%
Debt/Equity Ratio118.2%

How did 603278 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

-10%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 02:16
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Shandong Daye Co., Ltd. is covered by 1 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.

AnalystInstitution
Sheng FengZhongtai Securities Co. Ltd.