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Zangge Mining SZSE:000408 Stock Report

Last Price

CN¥28.84

Market Cap

CN¥45.3b

7D

1.1%

1Y

27.8%

Updated

04 May, 2024

Data

Company Financials +

Zangge Mining Company Limited

SZSE:000408 Stock Report

Market Cap: CN¥45.3b

408 Stock Overview

Zangge Mining Company Limited produces and sells potassium chloride under the Blue Sky brand in China.

408 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
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¥28.84
52 Week HighCN¥34.08
52 Week LowCN¥20.90
Beta0.86
1 Month Change-13.55%
3 Month Change19.92%
1 Year Change27.78%
3 Year Change114.26%
5 Year Change207.46%
Change since IPO74.47%

Recent News & Updates

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

Recent updates

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

408CN ChemicalsCN Market
7D1.1%2.3%1.2%
1Y27.8%-16.6%-12.6%

Return vs Industry: 000408 exceeded the CN Chemicals industry which returned -16.6% over the past year.

Return vs Market: 000408 exceeded the CN Market which returned -12.6% over the past year.

Price Volatility

Is 408's price volatile compared to industry and market?
408 volatility
408 Average Weekly Movement6.5%
Chemicals Industry Average Movement8.5%
Market Average Movement8.5%
10% most volatile stocks in CN Market12.5%
10% least volatile stocks in CN Market5.1%

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

Volatility Over Time: 000408's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19961,737Yao Xiaowww.zanggekuangye.com

Zangge Mining Company Limited produces and sells 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?
408 fundamental statistics
Market capCN¥45.29b
Earnings (TTM)CN¥3.03b
Revenue (TTM)CN¥4.47b

15.0x

P/E Ratio

10.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
408 income statement (TTM)
RevenueCN¥4.47b
Cost of RevenueCN¥1.71b
Gross ProfitCN¥2.76b
Other Expenses-CN¥269.17m
EarningsCN¥3.03b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.93
Gross Margin61.78%
Net Profit Margin67.81%
Debt/Equity Ratio0%

How did 408 perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

82%

Payout Ratio
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