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Chongyi Zhangyuan Tungsten SZSE:002378 Stock Report

Last Price

CN¥6.67

Market Cap

CN¥8.0b

7D

-1.5%

1Y

14.1%

Updated

26 Apr, 2024

Data

Company Financials +

Chongyi Zhangyuan Tungsten Co., Ltd.

SZSE:002378 Stock Report

Market Cap: CN¥8.0b

2378 Stock Overview

Chongyi Zhangyuan Tungsten Co., Ltd. engages in the mining of tungsten and other metal mineral products in China and internationally.

2378 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance2/6
Financial Health3/6
Dividends3/6

Chongyi Zhangyuan Tungsten Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Chongyi Zhangyuan Tungsten
Historical stock prices
Current Share PriceCN¥6.67
52 Week HighCN¥7.50
52 Week LowCN¥3.80
Beta0.52
1 Month Change21.94%
3 Month Change32.34%
1 Year Change14.09%
3 Year Change-23.60%
5 Year Change44.52%
Change since IPO-42.12%

Recent News & Updates

Why Investors Shouldn't Be Surprised By Chongyi Zhangyuan Tungsten Co., Ltd.'s (SZSE:002378) 25% Share Price Surge

Mar 07
Why Investors Shouldn't Be Surprised By Chongyi Zhangyuan Tungsten Co., Ltd.'s (SZSE:002378) 25% Share Price Surge

Recent updates

Why Investors Shouldn't Be Surprised By Chongyi Zhangyuan Tungsten Co., Ltd.'s (SZSE:002378) 25% Share Price Surge

Mar 07
Why Investors Shouldn't Be Surprised By Chongyi Zhangyuan Tungsten Co., Ltd.'s (SZSE:002378) 25% Share Price Surge

Shareholder Returns

2378CN Metals and MiningCN Market
7D-1.5%-1.8%2.1%
1Y14.1%-4.5%-14.2%

Return vs Industry: 002378 exceeded the CN Metals and Mining industry which returned -5.3% over the past year.

Return vs Market: 002378 exceeded the CN Market which returned -14.6% over the past year.

Price Volatility

Is 2378's price volatile compared to industry and market?
2378 volatility
2378 Average Weekly Movement8.5%
Metals and Mining Industry Average Movement7.6%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 002378's share price has been volatile over the past 3 months.

Volatility Over Time: 002378's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19903,451Shichun Huangwww.zy-tungsten.com

Chongyi Zhangyuan Tungsten Co., Ltd. engages in the mining of tungsten and other metal mineral products in China and internationally. Its products include tungsten concentrate, ammonium paratungstate, tungsten oxide, tungsten powder, tungsten carbide powder, thermal spray powder, and cemented carbide, as well as hard surface materials, bars, ball teeth, and other products. The company was founded in 1990 and is headquartered in Ganzhou, China.

Chongyi Zhangyuan Tungsten Co., Ltd. Fundamentals Summary

How do Chongyi Zhangyuan Tungsten's earnings and revenue compare to its market cap?
2378 fundamental statistics
Market capCN¥8.01b
Earnings (TTM)CN¥143.96m
Revenue (TTM)CN¥3.40b

55.7x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2378 income statement (TTM)
RevenueCN¥3.40b
Cost of RevenueCN¥2.89b
Gross ProfitCN¥511.18m
Other ExpensesCN¥367.22m
EarningsCN¥143.96m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)0.12
Gross Margin15.03%
Net Profit Margin4.23%
Debt/Equity Ratio97.1%

How did 2378 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

82%

Payout Ratio
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