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GEM SZSE:002340 Stock Report

Last Price

CN¥5.96

Market Cap

CN¥30.6b

7D

-5.7%

1Y

-13.9%

Updated

24 Apr, 2024

Data

Company Financials +

2340 Stock Overview

GEM Co., Ltd. operates in the recycling industry in China and internationally.

2340 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance2/6
Financial Health3/6
Dividends3/6

GEM Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for GEM
Historical stock prices
Current Share PriceCN¥5.96
52 Week HighCN¥7.17
52 Week LowCN¥3.95
Beta0.83
1 Month Change-2.30%
3 Month Change19.92%
1 Year Change-13.87%
3 Year Change-39.68%
5 Year Change23.14%
Change since IPO140.13%

Recent News & Updates

GEM (SZSE:002340) Might Be Having Difficulty Using Its Capital Effectively

Mar 21
GEM (SZSE:002340) Might Be Having Difficulty Using Its Capital Effectively

Further Upside For GEM Co., Ltd. (SZSE:002340) Shares Could Introduce Price Risks After 25% Bounce

Mar 04
Further Upside For GEM Co., Ltd. (SZSE:002340) Shares Could Introduce Price Risks After 25% Bounce

Recent updates

GEM (SZSE:002340) Might Be Having Difficulty Using Its Capital Effectively

Mar 21
GEM (SZSE:002340) Might Be Having Difficulty Using Its Capital Effectively

Further Upside For GEM Co., Ltd. (SZSE:002340) Shares Could Introduce Price Risks After 25% Bounce

Mar 04
Further Upside For GEM Co., Ltd. (SZSE:002340) Shares Could Introduce Price Risks After 25% Bounce

Shareholder Returns

2340CN Metals and MiningCN Market
7D-5.7%-1.6%1.6%
1Y-13.9%-6.3%-15.1%

Return vs Industry: 002340 underperformed the CN Metals and Mining industry which returned -6.3% over the past year.

Return vs Market: 002340 exceeded the CN Market which returned -15.1% over the past year.

Price Volatility

Is 2340's price volatile compared to industry and market?
2340 volatility
2340 Average Weekly Movement7.9%
Metals and Mining Industry Average Movement7.6%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 002340's share price has been volatile over the past 3 months.

Volatility Over Time: 002340's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200110,372Kai Hua Xuwww.gem.com.cn

GEM Co., Ltd. operates in the recycling industry in China and internationally. The company offers nickel-cobalt-manganese and nickel-cobalt-aluminum ternary power battery materials; ultrafine cobalt-nickel powders and fine cobalt-nickel chemicals; ammonium para tungstate, recycled tungsten carbide, tungsten powder, tungsten carbide, and cemented carbide products; and other metal products, such as gold, silver, palladium, copper, and rhodium, as well as wood products for tourist attractions, indoor and outdoor places, garden landscapes, sanitation facilities, municipal engineering, and other projects. It also provides recycled plastic products, plastic wood, and other green recycled plastic products; energy storage power station, energy storage charging station, power backup, UPS, portable energy storage, and home energy storage battery products; lithium-ion battery systems for aerial work platforms, forklift batteries, etc.; batteries for sightseeing cars, two wheelers, tricycles, etc.; and black, copper, and aluminum powders.

GEM Co., Ltd. Fundamentals Summary

How do GEM's earnings and revenue compare to its market cap?
2340 fundamental statistics
Market capCN¥30.61b
Earnings (TTM)CN¥837.65m
Revenue (TTM)CN¥28.25b

36.5x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2340 income statement (TTM)
RevenueCN¥28.25b
Cost of RevenueCN¥24.56b
Gross ProfitCN¥3.68b
Other ExpensesCN¥2.84b
EarningsCN¥837.65m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 27, 2024

Earnings per share (EPS)0.16
Gross Margin13.03%
Net Profit Margin2.97%
Debt/Equity Ratio84.1%

How did 2340 perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

31%

Payout Ratio
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