408 Stock Overview
Engages in the production and sale of potassium chloride under the Blue Sky brand in China.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Zangge Mining Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥24.19 |
| 52 Week High | CN¥34.08 |
| 52 Week Low | CN¥20.90 |
| Beta | 0.75 |
| 11 Month Change | -9.81% |
| 3 Month Change | -18.99% |
| 1 Year Change | 7.27% |
| 33 Year Change | 8.33% |
| 5 Year Change | 191.10% |
| Change since IPO | 46.34% |
Recent News & Updates
Estimating The Intrinsic Value Of Zangge Mining Company Limited (SZSE:000408)
Jun 05
Here's What To Make Of Zangge Mining's (SZSE:000408) Decelerating Rates Of Return
May 21Zangge Mining's (SZSE:000408) Dividend Will Be CN¥0.80
Apr 17Benign Growth For Zangge Mining Company Limited (SZSE:000408) Underpins Its Share Price
Apr 12Recent updates
Estimating The Intrinsic Value Of Zangge Mining Company Limited (SZSE:000408)
Jun 05Here's What To Make Of Zangge Mining's (SZSE:000408) Decelerating Rates Of Return
May 21Zangge Mining's (SZSE:000408) Dividend Will Be CN¥0.80
Apr 17Benign Growth For Zangge Mining Company Limited (SZSE:000408) Underpins Its Share Price
Apr 12Rainbows and Unicorns: Zangge Mining Company Limited (SZSE:000408) Analysts Just Became A Lot More Optimistic
Mar 25Zangge Mining Company Limited (SZSE:000408) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers
Mar 22Is Now An Opportune Moment To Examine Zangge Mining Company Limited (SZSE:000408)?
Mar 16Shareholder Returns
| 408 | CN Chemicals | CN Market | |
|---|---|---|---|
| 7D | -3.6% | -4.3% | -3.6% |
| 1Y | 7.3% | -20.8% | -16.0% |
Return vs Industry: 000408 exceeded the CN Chemicals industry which returned -20.8% over the past year.
Return vs Market: 000408 exceeded the CN Market which returned -16% over the past year.
Price Volatility
| 408 volatility | |
|---|---|
| 408 Average Weekly Movement | 5.3% |
| Chemicals Industry Average Movement | 7.1% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in CN Market | 10.2% |
| 10% least volatile stocks in CN Market | 4.2% |
Stable Share Price: 000408's share price has been volatile over the past 3 months.
Volatility Over Time: 000408's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 1,737 | Yao Xiao | www.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
| 408 fundamental statistics | |
|---|---|
| Market cap | CN¥37.99b |
| Earnings (TTM) | CN¥3.03b |
| Revenue (TTM) | CN¥4.47b |
12.5x
P/E Ratio8.5x
P/S RatioIs 408 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 408 income statement (TTM) | |
|---|---|
| Revenue | CN¥4.47b |
| Cost of Revenue | CN¥1.71b |
| Gross Profit | CN¥2.76b |
| Other Expenses | -CN¥269.17m |
| Earnings | CN¥3.03b |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.93 |
| Gross Margin | 61.78% |
| Net Profit Margin | 67.81% |
| Debt/Equity Ratio | 0% |
How did 408 perform over the long term?
See historical performance and comparison