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Zangge Mining SZSE:000408 Stock Report

Last Price

CN¥29.39

Market Cap

CN¥46.3b

7D

0.2%

1Y

20.4%

Updated

21 Nov, 2024

Data

Company Financials +

Zangge Mining Company Limited

SZSE:000408 Stock Report

Market Cap: CN¥46.3b

000408 Stock Overview

Engages in the production and sale of potassium chloride under the Blue Sky brand in China. More details

000408 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance3/6
Financial Health6/6
Dividends3/6

Zangge Mining Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zangge Mining
Historical stock prices
Current Share PriceCN¥29.39
52 Week HighCN¥34.08
52 Week LowCN¥21.40
Beta0.75
11 Month Change5.08%
3 Month Change29.41%
1 Year Change20.40%
33 Year Change11.20%
5 Year Change238.99%
Change since IPO77.80%

Recent News & Updates

Some May Be Optimistic About Zangge Mining's (SZSE:000408) Earnings

Nov 02
Some May Be Optimistic About Zangge Mining's (SZSE:000408) Earnings

Returns At Zangge Mining (SZSE:000408) Are On The Way Up

Oct 15
Returns At Zangge Mining (SZSE:000408) Are On The Way Up

Zangge Mining's (SZSE:000408) Dividend Will Be Reduced To CN¥0.26

Sep 02
Zangge Mining's (SZSE:000408) Dividend Will Be Reduced To CN¥0.26

Recent updates

Some May Be Optimistic About Zangge Mining's (SZSE:000408) Earnings

Nov 02
Some May Be Optimistic About Zangge Mining's (SZSE:000408) Earnings

Returns At Zangge Mining (SZSE:000408) Are On The Way Up

Oct 15
Returns At Zangge Mining (SZSE:000408) Are On The Way Up

Zangge Mining's (SZSE:000408) Dividend Will Be Reduced To CN¥0.26

Sep 02
Zangge Mining's (SZSE:000408) Dividend Will Be Reduced To CN¥0.26

Insufficient Growth At Zangge Mining Company Limited (SZSE:000408) Hampers Share Price

Jul 31
Insufficient Growth At Zangge Mining Company Limited (SZSE:000408) Hampers Share Price

Estimating The Intrinsic Value Of Zangge Mining Company Limited (SZSE:000408)

Jun 05
Estimating The Intrinsic Value Of Zangge Mining Company Limited (SZSE:000408)

Here's What To Make Of Zangge Mining's (SZSE:000408) Decelerating Rates Of Return

May 21
Here's What To Make Of Zangge Mining's (SZSE:000408) Decelerating Rates Of Return

Zangge Mining's (SZSE:000408) Dividend Will Be CN¥0.80

Apr 17
Zangge Mining's (SZSE:000408) Dividend Will Be CN¥0.80

Benign Growth For Zangge Mining Company Limited (SZSE:000408) Underpins Its Share Price

Apr 12
Benign Growth For Zangge Mining Company Limited (SZSE:000408) Underpins Its Share Price

Rainbows and Unicorns: Zangge Mining Company Limited (SZSE:000408) Analysts Just Became A Lot More Optimistic

Mar 25
Rainbows and Unicorns: Zangge Mining Company Limited (SZSE:000408) Analysts Just Became A Lot More Optimistic

Zangge Mining Company Limited (SZSE:000408) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers

Mar 22
Zangge Mining Company Limited (SZSE:000408) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers

Is Now An Opportune Moment To Examine Zangge Mining Company Limited (SZSE:000408)?

Mar 16
Is Now An Opportune Moment To Examine Zangge Mining Company Limited (SZSE:000408)?

Shareholder Returns

000408CN ChemicalsCN Market
7D0.2%-2.1%-3.4%
1Y20.4%-2.1%6.1%

Return vs Industry: 000408 exceeded the CN Chemicals industry which returned -2.1% over the past year.

Return vs Market: 000408 exceeded the CN Market which returned 6.1% over the past year.

Price Volatility

Is 000408's price volatile compared to industry and market?
000408 volatility
000408 Average Weekly Movement5.4%
Chemicals Industry Average Movement7.8%
Market Average Movement8.2%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.5%

Stable Share Price: 000408 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 000408's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19961,737Yao Xiaowww.zanggekuangye.com

Zangge Mining Company Limited engages in the production and sale of potassium chloride under the Blue Sky brand in China. It also produces industrial salt, magnesium chloride, and battery-grade lithium carbonate. The company was formerly known as Zangge Holding Company Limited and changed its name to Zangge Mining Company Limited in December 2021.

Zangge Mining Company Limited Fundamentals Summary

How do Zangge Mining's earnings and revenue compare to its market cap?
000408 fundamental statistics
Market capCN¥46.30b
Earnings (TTM)CN¥2.32b
Revenue (TTM)CN¥3.36b

20.0x

P/E Ratio

13.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
000408 income statement (TTM)
RevenueCN¥3.36b
Cost of RevenueCN¥1.75b
Gross ProfitCN¥1.61b
Other Expenses-CN¥713.10m
EarningsCN¥2.32b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.47
Gross Margin47.80%
Net Profit Margin69.02%
Debt/Equity Ratio0%

How did 000408 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

72%

Payout Ratio