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Longxing Chemical Stock SZSE:002442 Stock Report

Last Price

CN¥4.29

Market Cap

CN¥2.1b

7D

0.2%

1Y

-14.7%

Updated

10 Aug, 2024

Data

Company Financials

Longxing Chemical Stock Co., Ltd.

SZSE:002442 Stock Report

Market Cap: CN¥2.1b

002442 Stock Overview

Produces and sells carbon black products under the Longxing brand in China.

002442 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends4/6

Longxing Chemical Stock Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Longxing Chemical Stock
Historical stock prices
Current Share PriceCN¥4.29
52 Week HighCN¥7.38
52 Week LowCN¥3.36
Beta0.68
11 Month Change-2.72%
3 Month Change-13.33%
1 Year Change-14.71%
33 Year Change-49.59%
5 Year Change-13.68%
Change since IPO-31.86%

Recent News & Updates

Why Longxing Chemical Stock's (SZSE:002442) Earnings Are Better Than They Seem

May 06
Why Longxing Chemical Stock's (SZSE:002442) Earnings Are Better Than They Seem

Capital Allocation Trends At Longxing Chemical Stock (SZSE:002442) Aren't Ideal

Apr 30
Capital Allocation Trends At Longxing Chemical Stock (SZSE:002442) Aren't Ideal

Recent updates

Why Longxing Chemical Stock's (SZSE:002442) Earnings Are Better Than They Seem

May 06
Why Longxing Chemical Stock's (SZSE:002442) Earnings Are Better Than They Seem

Capital Allocation Trends At Longxing Chemical Stock (SZSE:002442) Aren't Ideal

Apr 30
Capital Allocation Trends At Longxing Chemical Stock (SZSE:002442) Aren't Ideal

A Piece Of The Puzzle Missing From Longxing Chemical Stock Co., Ltd.'s (SZSE:002442) 27% Share Price Climb

Mar 08
A Piece Of The Puzzle Missing From Longxing Chemical Stock Co., Ltd.'s (SZSE:002442) 27% Share Price Climb

Shareholder Returns

002442CN ChemicalsCN Market
7D0.2%-1.2%-1.6%
1Y-14.7%-27.4%-19.6%

Return vs Industry: 002442 exceeded the CN Chemicals industry which returned -27.4% over the past year.

Return vs Market: 002442 exceeded the CN Market which returned -19.6% over the past year.

Price Volatility

Is 002442's price volatile compared to industry and market?
002442 volatility
002442 Average Weekly Movement5.5%
Chemicals Industry Average Movement5.4%
Market Average Movement5.7%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.8%

Stable Share Price: 002442 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002442's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19941,484Liang Weiwww.hb-lx.com.cn

Longxing Chemical Stock Co., Ltd. produces and sells carbon black products under the Longxing brand in China. The company offers carbon black, white carbon black, silica, and coal tar products. Its carbon black is used for the production of steel and semi-steel radial tires and inner tubes; and used in door and window sealing strips, oil pipes, shock absorbers, brake pads, and other auto parts, as well as rubbers, building materials, electronics, paper, plastics, color master batches, paint, fuel, chemical fibers, coloring of fiber, ink, wash painting, and papermaking.

Longxing Chemical Stock Co., Ltd. Fundamentals Summary

How do Longxing Chemical Stock's earnings and revenue compare to its market cap?
002442 fundamental statistics
Market capCN¥2.11b
Earnings (TTM)CN¥124.86m
Revenue (TTM)CN¥4.15b

16.9x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002442 income statement (TTM)
RevenueCN¥4.15b
Cost of RevenueCN¥3.75b
Gross ProfitCN¥403.29m
Other ExpensesCN¥278.43m
EarningsCN¥124.86m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 16, 2024

Earnings per share (EPS)0.25
Gross Margin9.71%
Net Profit Margin3.01%
Debt/Equity Ratio126.0%

How did 002442 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

47%

Payout Ratio
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