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Chengxin Lithium Group SZSE:002240 Stock Report

Last Price

CN¥11.26

Market Cap

CN¥10.3b

7D

-4.5%

1Y

-51.0%

Updated

23 Aug, 2024

Data

Company Financials +

Chengxin Lithium Group Co., Ltd.

SZSE:002240 Stock Report

Market Cap: CN¥10.3b

Chengxin Lithium Group Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Chengxin Lithium Group
Historical stock prices
Current Share PriceCN¥11.26
52 Week HighCN¥24.56
52 Week LowCN¥11.24
Beta0.58
11 Month Change-6.32%
3 Month Change-31.34%
1 Year Change-50.96%
33 Year Change-79.23%
5 Year Change45.48%
Change since IPO4.50%

Recent News & Updates

Chengxin Lithium Group Co., Ltd.'s (SZSE:002240) Shares May Have Run Too Fast Too Soon

May 27
Chengxin Lithium Group Co., Ltd.'s (SZSE:002240) Shares May Have Run Too Fast Too Soon

Chengxin Lithium Group's (SZSE:002240) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 03
Chengxin Lithium Group's (SZSE:002240) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Recent updates

Chengxin Lithium Group Co., Ltd.'s (SZSE:002240) Shares May Have Run Too Fast Too Soon

May 27
Chengxin Lithium Group Co., Ltd.'s (SZSE:002240) Shares May Have Run Too Fast Too Soon

Chengxin Lithium Group's (SZSE:002240) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 03
Chengxin Lithium Group's (SZSE:002240) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Chengxin Lithium Group (SZSE:002240) Is Looking To Continue Growing Its Returns On Capital

Feb 29
Chengxin Lithium Group (SZSE:002240) Is Looking To Continue Growing Its Returns On Capital

Shareholder Returns

002240CN ChemicalsCN Market
7D-4.5%-2.7%-2.3%
1Y-51.0%-26.1%-17.3%

Return vs Industry: 002240 underperformed the CN Chemicals industry which returned -26.6% over the past year.

Return vs Market: 002240 underperformed the CN Market which returned -18.4% over the past year.

Price Volatility

Is 002240's price volatile compared to industry and market?
002240 volatility
002240 Average Weekly Movement5.5%
Chemicals Industry Average Movement5.1%
Market Average Movement5.5%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.7%

Stable Share Price: 002240's share price has been volatile over the past 3 months.

Volatility Over Time: 002240's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19973,553Weijun Dengen.cxlithium.com

Chengxin Lithium Group Co., Ltd. engages in the mining, production, and sale of lithium salt and metal, and timber products in China. It operates through two segments: Forestry Planting and Sales Business; and Lithium Product Processing and Sales Business. The company offers lithium concentrate, carbonate, hydroxide, chloride, and other lithium metals.

Chengxin Lithium Group Co., Ltd. Fundamentals Summary

How do Chengxin Lithium Group's earnings and revenue compare to its market cap?
002240 fundamental statistics
Market capCN¥10.26b
Earnings (TTM)CN¥94.96m
Revenue (TTM)CN¥6.38b

108.0x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002240 income statement (TTM)
RevenueCN¥6.38b
Cost of RevenueCN¥6.14b
Gross ProfitCN¥244.92m
Other ExpensesCN¥149.96m
EarningsCN¥94.96m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 30, 2024

Earnings per share (EPS)0.10
Gross Margin3.84%
Net Profit Margin1.49%
Debt/Equity Ratio51.3%

How did 002240 perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

230%

Payout Ratio