company background image
603916 logo

Sobute New Materials SHSE:603916 Stock Report

Last Price

CN¥7.87

Market Cap

CN¥3.4b

7D

-5.3%

1Y

-25.0%

Updated

21 Dec, 2024

Data

Company Financials +

Sobute New Materials Co., Ltd

SHSE:603916 Stock Report

Market Cap: CN¥3.4b

603916 Stock Overview

Engages in the research, development, production, and sale of concrete admixtures in Mainland China and internationally. More details

603916 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance1/6
Financial Health5/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Sobute New Materials Co., Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sobute New Materials
Historical stock prices
Current Share PriceCN¥7.87
52 Week HighCN¥10.51
52 Week LowCN¥6.10
Beta0.51
1 Month Change-6.31%
3 Month Change19.79%
1 Year Change-24.98%
3 Year Change-68.02%
5 Year Change-41.74%
Change since IPO-27.30%

Recent News & Updates

Sobute New Materials Co., Ltd's (SHSE:603916) Shares Not Telling The Full Story

Sep 26
Sobute New Materials Co., Ltd's (SHSE:603916) Shares Not Telling The Full Story

Recent updates

Sobute New Materials Co., Ltd's (SHSE:603916) Shares Not Telling The Full Story

Sep 26
Sobute New Materials Co., Ltd's (SHSE:603916) Shares Not Telling The Full Story

Earnings Release: Here's Why Analysts Cut Their Sobute New Materials Co., Ltd (SHSE:603916) Price Target To CN¥9.24

Aug 28
Earnings Release: Here's Why Analysts Cut Their Sobute New Materials Co., Ltd (SHSE:603916) Price Target To CN¥9.24

Sobute New Materials (SHSE:603916) Might Be Having Difficulty Using Its Capital Effectively

Aug 14
Sobute New Materials (SHSE:603916) Might Be Having Difficulty Using Its Capital Effectively

Sobute New Materials Co., Ltd (SHSE:603916) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Jun 19
Sobute New Materials Co., Ltd (SHSE:603916) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Earnings Update: Sobute New Materials Co., Ltd (SHSE:603916) Just Reported And Analysts Are Trimming Their Forecasts

Apr 29
Earnings Update: Sobute New Materials Co., Ltd (SHSE:603916) Just Reported And Analysts Are Trimming Their Forecasts

Shareholder Returns

603916CN ChemicalsCN Market
7D-5.3%-2.3%-1.2%
1Y-25.0%0.7%11.8%

Return vs Industry: 603916 underperformed the CN Chemicals industry which returned 0.7% over the past year.

Return vs Market: 603916 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 603916's price volatile compared to industry and market?
603916 volatility
603916 Average Weekly Movement5.7%
Chemicals Industry Average Movement8.2%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 603916 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 603916's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20043,026Mao Liangxiwww.sobute.com

Sobute New Materials Co., Ltd engages in the research, development, production, and sale of concrete admixtures in Mainland China and internationally. The company offers high performance water reducer, superplasticizer, crack control material, durability enhancing material, high-performance cement based material, and superplasticizer additive; and special concrete, traffic engineering materials, and waterproof repair materials. Its products are used in the construction of various projects, including bridge, nuclear power, high speed railway, tunnels, high-rise buildings, and other fields.

Sobute New Materials Co., Ltd Fundamentals Summary

How do Sobute New Materials's earnings and revenue compare to its market cap?
603916 fundamental statistics
Market capCN¥3.41b
Earnings (TTM)CN¥97.59m
Revenue (TTM)CN¥3.48b

34.9x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603916 income statement (TTM)
RevenueCN¥3.48b
Cost of RevenueCN¥2.31b
Gross ProfitCN¥1.17b
Other ExpensesCN¥1.07b
EarningsCN¥97.59m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.23
Gross Margin33.58%
Net Profit Margin2.80%
Debt/Equity Ratio39.0%

How did 603916 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

67%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 01:24
End of Day Share Price 2024/12/20 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

Sobute New Materials Co., Ltd is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tai MaChangjiang Securities Co. LTD.
Qing GongChina International Capital Corporation Limited
Zhe WangCitic Securities Co., Ltd.