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Shandong Daye SHSE:603278 Stock Report

Last Price

CN¥5.95

Market Cap

CN¥1.8b

7D

15.1%

1Y

-51.7%

Updated

31 Jul, 2024

Data

Company Financials

Shandong Daye Co., Ltd.

SHSE:603278 Stock Report

Market Cap: CN¥1.8b

603278 Stock Overview

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

603278 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends1/6

Shandong Daye Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shandong Daye
Historical stock prices
Current Share PriceCN¥5.95
52 Week HighCN¥15.46
52 Week LowCN¥5.06
Beta0.24
11 Month Change-1.82%
3 Month Change-35.19%
1 Year Change-51.74%
33 Year Change-35.47%
5 Year Change-40.85%
Change since IPO-62.22%

Recent News & Updates

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

Recent updates

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
7D15.1%-0.7%-0.8%
1Y-51.7%-19.0%-21.8%

Return vs Industry: 603278 underperformed the CN Metals and Mining industry which returned -19% over the past year.

Return vs Market: 603278 underperformed the CN Market which returned -21.8% over the past year.

Price Volatility

Is 603278's price volatile compared to industry and market?
603278 volatility
603278 Average Weekly Movement7.3%
Metals and Mining Industry Average Movement5.4%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.8%

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

Volatility Over Time: 603278's weekly volatility (8%) 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¥1.85b
Earnings (TTM)CN¥69.36m
Revenue (TTM)CN¥5.53b

29.3x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603278 income statement (TTM)
RevenueCN¥5.53b
Cost of RevenueCN¥5.08b
Gross ProfitCN¥450.18m
Other ExpensesCN¥380.82m
EarningsCN¥69.36m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 22, 2024

Earnings per share (EPS)0.20
Gross Margin8.14%
Net Profit Margin1.25%
Debt/Equity Ratio106.1%

How did 603278 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

16%

Payout Ratio
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