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Ningbo Changhong Polymer Scientific and Technical SHSE:605008 Stock Report

Last Price

CN¥12.05

Market Cap

CN¥7.7b

7D

-3.4%

1Y

-24.4%

Updated

22 Dec, 2024

Data

Company Financials +

Ningbo Changhong Polymer Scientific and Technical Inc.

SHSE:605008 Stock Report

Market Cap: CN¥7.7b

My Notes

Capture your thoughts, links and company narrative

Ningbo Changhong Polymer Scientific and Technical Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ningbo Changhong Polymer Scientific and Technical
Historical stock prices
Current Share PriceCN¥12.05
52 Week HighCN¥16.25
52 Week LowCN¥10.93
Beta0.67
1 Month Change-0.82%
3 Month Change5.98%
1 Year Change-24.40%
3 Year Change-18.64%
5 Year Changen/a
Change since IPO11.13%

Recent News & Updates

Does Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Have A Healthy Balance Sheet?

Dec 03
Does Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Have A Healthy Balance Sheet?

Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Could Be Struggling To Allocate Capital

Oct 03
Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Could Be Struggling To Allocate Capital

Recent updates

Does Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Have A Healthy Balance Sheet?

Dec 03
Does Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Have A Healthy Balance Sheet?

Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Could Be Struggling To Allocate Capital

Oct 03
Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Could Be Struggling To Allocate Capital

Ningbo Changhong Polymer Scientific and Technical's (SHSE:605008) Earnings Quality Is Low

Sep 06
Ningbo Changhong Polymer Scientific and Technical's (SHSE:605008) Earnings Quality Is Low

Is Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) A Risky Investment?

Jul 03
Is Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) A Risky Investment?

Ningbo Changhong Polymer Scientific and Technical Inc.'s (SHSE:605008) P/S Is On The Mark

Jun 06
Ningbo Changhong Polymer Scientific and Technical Inc.'s (SHSE:605008) P/S Is On The Mark

Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Could Be Struggling To Allocate Capital

May 07
Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Could Be Struggling To Allocate Capital

Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Use Of Debt Could Be Considered Risky

Mar 18
Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Use Of Debt Could Be Considered Risky

Shareholder Returns

605008CN ChemicalsCN Market
7D-3.4%-2.3%-1.2%
1Y-24.4%0.7%11.8%

Return vs Industry: 605008 underperformed the CN Chemicals industry which returned 0.7% over the past year.

Return vs Market: 605008 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 605008's price volatile compared to industry and market?
605008 volatility
605008 Average Weekly Movement5.3%
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: 605008 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 605008's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012504n/awww.changhongpolymer.com

Ningbo Changhong Polymer Scientific and Technical Inc. engages in the research, development, production, and sale of styrene-based thermoplastic elastomers in China. It offers SBS, SEBS, SIS, and SEPS used in rubber products, polymer modifiers, asphalt modifiers, adhesives, coating materials, wires, toys, ground paving materials, disposable infusion tubes, blood bags, medical human surgery teaching models, medical equipment, medical treatment, electrical insulation, packaging, protection, masking, marking, bonding, fixing, composite bags interlayer bonding, optical fiber and cable filling ointment, lubricating oil viscosity index modifier, cosmetics, high-transparency medical materials, and plastic modification. The company was founded in 2012 and is based in Ningbo, China.

Ningbo Changhong Polymer Scientific and Technical Inc. Fundamentals Summary

How do Ningbo Changhong Polymer Scientific and Technical's earnings and revenue compare to its market cap?
605008 fundamental statistics
Market capCN¥7.75b
Earnings (TTM)CN¥95.34m
Revenue (TTM)CN¥2.84b

81.2x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
605008 income statement (TTM)
RevenueCN¥2.84b
Cost of RevenueCN¥2.59b
Gross ProfitCN¥250.35m
Other ExpensesCN¥155.01m
EarningsCN¥95.34m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin8.80%
Net Profit Margin3.35%
Debt/Equity Ratio122.0%

How did 605008 perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

206%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 10:28
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

Ningbo Changhong Polymer Scientific and Technical Inc. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Di WuChina International Capital Corporation Limited
Zheng ZhouChina Merchants Securities Co. Ltd.
Zhe WangCitic Securities Co., Ltd.