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Suzhou Mingzhi Technology SHSE:688355 Stock Report

Last Price

CN¥18.05

Market Cap

CN¥2.2b

7D

-6.2%

1Y

-10.9%

Updated

23 Nov, 2024

Data

Company Financials

Suzhou Mingzhi Technology Co., Ltd.

SHSE:688355 Stock Report

Market Cap: CN¥2.2b

688355 Stock Overview

Engages in the design, production, sale, and related services of casting equipment, and casting accessories and products in the People’s Republic of China. More details

688355 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

Suzhou Mingzhi Technology Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Suzhou Mingzhi Technology
Historical stock prices
Current Share PriceCN¥18.05
52 Week HighCN¥21.72
52 Week LowCN¥10.51
Beta1.27
11 Month Change2.21%
3 Month Change58.19%
1 Year Change-10.86%
33 Year Change-35.86%
5 Year Changen/a
Change since IPO-33.64%

Recent News & Updates

Subdued Growth No Barrier To Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355) With Shares Advancing 31%

Nov 11
Subdued Growth No Barrier To Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355) With Shares Advancing 31%

We Think That There Are Issues Underlying Suzhou Mingzhi Technology's (SHSE:688355) Earnings

Nov 06
We Think That There Are Issues Underlying Suzhou Mingzhi Technology's (SHSE:688355) Earnings

Suzhou Mingzhi Technology (SHSE:688355) Will Be Hoping To Turn Its Returns On Capital Around

Oct 25
Suzhou Mingzhi Technology (SHSE:688355) Will Be Hoping To Turn Its Returns On Capital Around

Recent updates

Subdued Growth No Barrier To Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355) With Shares Advancing 31%

Nov 11
Subdued Growth No Barrier To Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355) With Shares Advancing 31%

We Think That There Are Issues Underlying Suzhou Mingzhi Technology's (SHSE:688355) Earnings

Nov 06
We Think That There Are Issues Underlying Suzhou Mingzhi Technology's (SHSE:688355) Earnings

Suzhou Mingzhi Technology (SHSE:688355) Will Be Hoping To Turn Its Returns On Capital Around

Oct 25
Suzhou Mingzhi Technology (SHSE:688355) Will Be Hoping To Turn Its Returns On Capital Around

Pinning Down Suzhou Mingzhi Technology Co., Ltd.'s (SHSE:688355) P/E Is Difficult Right Now

Aug 30
Pinning Down Suzhou Mingzhi Technology Co., Ltd.'s (SHSE:688355) P/E Is Difficult Right Now

Suzhou Mingzhi Technology Co., Ltd.'s (SHSE:688355) 26% Share Price Surge Not Quite Adding Up

May 20
Suzhou Mingzhi Technology Co., Ltd.'s (SHSE:688355) 26% Share Price Surge Not Quite Adding Up

We Think That There Are More Issues For Suzhou Mingzhi Technology (SHSE:688355) Than Just Sluggish Earnings

Apr 25
We Think That There Are More Issues For Suzhou Mingzhi Technology (SHSE:688355) Than Just Sluggish Earnings

A Look At The Fair Value Of Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355)

Apr 17
A Look At The Fair Value Of Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355)

Revenues Tell The Story For Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355) As Its Stock Soars 28%

Mar 08
Revenues Tell The Story For Suzhou Mingzhi Technology Co., Ltd. (SHSE:688355) As Its Stock Soars 28%

Shareholder Returns

688355CN Metals and MiningCN Market
7D-6.2%-1.1%-2.1%
1Y-10.9%3.1%2.8%

Return vs Industry: 688355 underperformed the CN Metals and Mining industry which returned 3.1% over the past year.

Return vs Market: 688355 underperformed the CN Market which returned 2.8% over the past year.

Price Volatility

Is 688355's price volatile compared to industry and market?
688355 volatility
688355 Average Weekly Movement9.4%
Metals and Mining Industry Average Movement7.3%
Market Average Movement8.4%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 688355 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 688355's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003715He Qiuwww.mingzhi-tech.com

Suzhou Mingzhi Technology Co., Ltd. engages in the design, production, sale, and related services of casting equipment, and casting accessories and products in the People’s Republic of China. It provides core shop products, including core shooters; gassing units; sand preparation systems; and permanent molds, semi permanents molds, fixtures, and core boxes, as well as the in line, core centers, and inorganic process core production solutions. The company also offers aluminum casting services, including core and casting development services.

Suzhou Mingzhi Technology Co., Ltd. Fundamentals Summary

How do Suzhou Mingzhi Technology's earnings and revenue compare to its market cap?
688355 fundamental statistics
Market capCN¥2.22b
Earnings (TTM)CN¥68.08m
Revenue (TTM)CN¥621.89m

32.5x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688355 income statement (TTM)
RevenueCN¥621.89m
Cost of RevenueCN¥427.43m
Gross ProfitCN¥194.46m
Other ExpensesCN¥126.38m
EarningsCN¥68.08m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.55
Gross Margin31.27%
Net Profit Margin10.95%
Debt/Equity Ratio4.6%

How did 688355 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

81%

Payout Ratio