Zangge Holding Company Limited produces and sells potassium chloride under the Blue Sky brand in China.
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥28.80|
|52 Week High||CN¥6.49|
|52 Week Low||CN¥35.55|
|1 Month Change||-6.40%|
|3 Month Change||39.06%|
|1 Year Change||302.24%|
|3 Year Change||137.04%|
|5 Year Change||81.70%|
|Change since IPO||74.23%|
Recent News & Updates
|408||CN Chemicals||CN Market|
Return vs Industry: 000408 exceeded the CN Chemicals industry which returned 78% over the past year.
Return vs Market: 000408 exceeded the CN Market which returned 13.7% over the past year.
Stable Share Price: 000408 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 000408's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
Zangge Holding Company Limited produces and sells potassium chloride under the Blue Sky brand in China. It also produces magnesium chloride under the Airline brand. The company was founded in 1996 and is based in Golmud City, China.
Zangge Holding Fundamentals Summary
|408 fundamental statistics|
Is 408 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|408 income statement (TTM)|
|Cost of Revenue||CN¥1.39b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.41|
|Net Profit Margin||38.57%|
How did 408 perform over the long term?See historical performance and comparison
Is Zangge Holding undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 000408 (CN¥28.8) is trading above our estimate of fair value (CN¥0.5)
Significantly Below Fair Value: 000408 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 000408 is poor value based on its PE Ratio (69.4x) compared to the CN Chemicals industry average (35.5x).
PE vs Market: 000408 is poor value based on its PE Ratio (69.4x) compared to the CN market (35.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 000408's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 000408 is overvalued based on its PB Ratio (6.8x) compared to the CN Chemicals industry average (3.5x).
How is Zangge Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zangge Holding has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Zangge Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 000408 has a large one-off gain of CN¥194.3M impacting its June 30 2021 financial results.
Growing Profit Margin: 000408 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 000408's earnings have declined by 26.6% per year over the past 5 years.
Accelerating Growth: 000408 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 000408 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (36.5%).
Return on Equity
High ROE: 000408's Return on Equity (9.8%) is considered low.
How is Zangge Holding's financial position?
Financial Position Analysis
Short Term Liabilities: 000408's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥550.8M).
Long Term Liabilities: 000408's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥27.7M).
Debt to Equity History and Analysis
Debt Level: 000408 is debt free.
Reducing Debt: 000408 has no debt compared to 5 years ago when its debt to equity ratio was 21.6%.
Debt Coverage: 000408 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000408 has no debt, therefore coverage of interest payments is not a concern.
What is Zangge Holding current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 000408's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 000408's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 000408's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 000408's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 000408 is not paying a notable dividend for the CN market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 000408's dividend in 3 years as they are not forecast to pay a notable one for the CN market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Yao Xiao (31 yo)
Mr. Yao Xiao serves as General Manager and serves as Non-Independent Director since August 16, 2019 at Zangge Holding Company Limited.
Experienced Board: 000408's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Zangge Holding Company Limited's employee growth, exchange listings and data sources
- Name: Zangge Holding Company Limited
- Ticker: 408
- Exchange: SZSE
- Founded: 1996
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Market Cap: CN¥56.656b
- Shares outstanding: 1.97b
- Website: https://www.zanggegf.com
Number of Employees
- Zangge Holding Company Limited
- No. 15-02, Kunlun South Road
- Golmud City
- Qinghai Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 15:42|
|End of Day Share Price||2021/09/24 00:00|
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.