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Chongyi Zhangyuan Tungsten SZSE:002378 Stock Report

Last Price

CN¥6.22

Market Cap

CN¥7.5b

7D

1.1%

1Y

8.7%

Updated

16 Jun, 2024

Data

Company Financials +

Chongyi Zhangyuan Tungsten Co., Ltd.

SZSE:002378 Stock Report

Market Cap: CN¥7.5b

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¥6.22
52 Week HighCN¥7.73
52 Week LowCN¥3.80
Beta0.64
1 Month Change-7.99%
3 Month Change14.34%
1 Year Change8.74%
3 Year Change-12.58%
5 Year Change5.01%
Change since IPO-46.02%

Recent News & Updates

Recent updates

Chongyi Zhangyuan Tungsten Co., Ltd.'s (SZSE:002378) Earnings Haven't Escaped The Attention Of Investors

Jun 11
Chongyi Zhangyuan Tungsten Co., Ltd.'s (SZSE:002378) Earnings Haven't Escaped The Attention Of Investors

Here's Why Chongyi Zhangyuan Tungsten (SZSE:002378) Has A Meaningful Debt Burden

May 21
Here's Why Chongyi Zhangyuan Tungsten (SZSE:002378) Has A Meaningful Debt Burden

There May Be Some Bright Spots In Chongyi Zhangyuan Tungsten's (SZSE:002378) Earnings

Apr 29
There May Be Some Bright Spots In Chongyi Zhangyuan Tungsten's (SZSE:002378) Earnings

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
7D1.1%-2.0%0.06%
1Y8.7%-6.3%-16.1%

Return vs Industry: 002378 exceeded the CN Metals and Mining industry which returned -6.3% over the past year.

Return vs Market: 002378 exceeded the CN Market which returned -16.1% over the past year.

Price Volatility

Is 2378's price volatile compared to industry and market?
2378 volatility
2378 Average Weekly Movement8.8%
Metals and Mining Industry Average Movement6.5%
Market Average Movement6.8%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 002378 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002378's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
19903,662Shichun 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¥7.47b
Earnings (TTM)CN¥136.09m
Revenue (TTM)CN¥3.45b

54.9x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2378 income statement (TTM)
RevenueCN¥3.45b
Cost of RevenueCN¥2.97b
Gross ProfitCN¥486.36m
Other ExpensesCN¥350.27m
EarningsCN¥136.09m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.11
Gross Margin14.09%
Net Profit Margin3.94%
Debt/Equity Ratio101.7%

How did 2378 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

55%

Payout Ratio
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