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GEM SZSE:002340 Stock Report

Last Price

CN¥6.64

Market Cap

CN¥33.6b

7D

-1.9%

1Y

-0.4%

Updated

29 May, 2024

Data

Company Financials +

GEM Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for GEM
Historical stock prices
Current Share PriceCN¥6.64
52 Week HighCN¥7.19
52 Week LowCN¥3.95
Beta0.84
1 Month Change-3.07%
3 Month Change23.88%
1 Year Change-0.45%
3 Year Change-37.83%
5 Year Change53.00%
Change since IPO167.53%

Recent News & Updates

Here's Why GEM (SZSE:002340) Is Weighed Down By Its Debt Load

May 25
Here's Why GEM (SZSE:002340) Is Weighed Down By Its Debt Load

We Think That There Are Some Issues For GEM (SZSE:002340) Beyond Its Promising Earnings

May 03
We Think That There Are Some Issues For GEM (SZSE:002340) Beyond Its Promising Earnings

Recent updates

Here's Why GEM (SZSE:002340) Is Weighed Down By Its Debt Load

May 25
Here's Why GEM (SZSE:002340) Is Weighed Down By Its Debt Load

We Think That There Are Some Issues For GEM (SZSE:002340) Beyond Its Promising Earnings

May 03
We Think That There Are Some Issues For GEM (SZSE:002340) Beyond Its Promising Earnings

GEM Co., Ltd. (SZSE:002340) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

May 01
GEM Co., Ltd. (SZSE:002340) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

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-1.9%-2.6%-2.6%
1Y-0.4%0.9%-11.7%

Return vs Industry: 002340 underperformed the CN Metals and Mining industry which returned 0.9% over the past year.

Return vs Market: 002340 exceeded the CN Market which returned -11.7% over the past year.

Price Volatility

Is 2340's price volatile compared to industry and market?
2340 volatility
2340 Average Weekly Movement7.0%
Metals and Mining Industry Average Movement6.5%
Market Average Movement6.8%
10% most volatile stocks in CN Market10.1%
10% least volatile stocks in CN Market4.1%

Stable Share Price: 002340 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002340's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200110,253Kai 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¥33.56b
Earnings (TTM)CN¥1.22b
Revenue (TTM)CN¥32.75b

27.9x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2340 income statement (TTM)
RevenueCN¥32.75b
Cost of RevenueCN¥29.47b
Gross ProfitCN¥3.28b
Other ExpensesCN¥2.06b
EarningsCN¥1.22b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.24
Gross Margin10.02%
Net Profit Margin3.72%
Debt/Equity Ratio95.5%

How did 2340 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

33%

Payout Ratio
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