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Zhejiang Jiemei Electronic And Technology SZSE:002859 Stock Report

Last Price

CN¥21.81

Market Cap

CN¥9.3b

7D

1.4%

1Y

-7.7%

Updated

22 Dec, 2024

Data

Company Financials +

Zhejiang Jiemei Electronic And Technology Co., Ltd.

SZSE:002859 Stock Report

Market Cap: CN¥9.3b

My Notes

Capture your thoughts, links and company narrative

Zhejiang Jiemei Electronic And Technology Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Jiemei Electronic And Technology
Historical stock prices
Current Share PriceCN¥21.81
52 Week HighCN¥25.12
52 Week LowCN¥15.45
Beta0.57
1 Month Change2.39%
3 Month Change37.43%
1 Year Change-7.74%
3 Year Change-42.58%
5 Year Change1.53%
Change since IPO103.17%

Recent News & Updates

Zhejiang Jiemei Electronic And Technology (SZSE:002859) May Have Issues Allocating Its Capital

Dec 08
Zhejiang Jiemei Electronic And Technology (SZSE:002859) May Have Issues Allocating Its Capital

Market Still Lacking Some Conviction On Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859)

Nov 17
Market Still Lacking Some Conviction On Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859)

Recent updates

Zhejiang Jiemei Electronic And Technology (SZSE:002859) May Have Issues Allocating Its Capital

Dec 08
Zhejiang Jiemei Electronic And Technology (SZSE:002859) May Have Issues Allocating Its Capital

Market Still Lacking Some Conviction On Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859)

Nov 17
Market Still Lacking Some Conviction On Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859)

Zhejiang Jiemei Electronic And Technology (SZSE:002859) Has A Pretty Healthy Balance Sheet

Sep 08
Zhejiang Jiemei Electronic And Technology (SZSE:002859) Has A Pretty Healthy Balance Sheet

Zhejiang Jiemei Electronic And Technology (SZSE:002859) Is Reinvesting At Lower Rates Of Return

Aug 08
Zhejiang Jiemei Electronic And Technology (SZSE:002859) Is Reinvesting At Lower Rates Of Return

The Price Is Right For Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859)

Jun 17
The Price Is Right For Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859)

Investors Could Be Concerned With Zhejiang Jiemei Electronic And Technology's (SZSE:002859) Returns On Capital

May 07
Investors Could Be Concerned With Zhejiang Jiemei Electronic And Technology's (SZSE:002859) Returns On Capital

Is Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859) Expensive For A Reason? A Look At Its Intrinsic Value

Mar 17
Is Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859) Expensive For A Reason? A Look At Its Intrinsic Value

Shareholder Returns

002859CN PackagingCN Market
7D1.4%-4.5%-1.2%
1Y-7.7%4.7%11.8%

Return vs Industry: 002859 underperformed the CN Packaging industry which returned 4.7% over the past year.

Return vs Market: 002859 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 002859's price volatile compared to industry and market?
002859 volatility
002859 Average Weekly Movement7.3%
Packaging Industry Average Movement8.1%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 002859 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002859's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20012,746Jun Yun Fangwww.jmkj.com

Zhejiang Jiemei Electronic And Technology Co., Ltd. engages in the research and development, production, and sales of supporting materials for electronic components in China. Its principal products include un-punched paper tapes, pre-punched paper tapes, press pocket paper tapes, top and bottom tapes, embossed tapes and its covers, paper carrier tapes, plastic carrier tapes, plastic rolls, release films, optical films, plastic products, molds, mechanical equipment and parts, casting films, and chip carrier trays.

Zhejiang Jiemei Electronic And Technology Co., Ltd. Fundamentals Summary

How do Zhejiang Jiemei Electronic And Technology's earnings and revenue compare to its market cap?
002859 fundamental statistics
Market capCN¥9.29b
Earnings (TTM)CN¥260.32m
Revenue (TTM)CN¥1.79b

35.7x

P/E Ratio

5.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002859 income statement (TTM)
RevenueCN¥1.79b
Cost of RevenueCN¥1.14b
Gross ProfitCN¥649.63m
Other ExpensesCN¥389.31m
EarningsCN¥260.32m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin36.35%
Net Profit Margin14.57%
Debt/Equity Ratio77.2%

How did 002859 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

33%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:14
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zhejiang Jiemei Electronic And Technology Co., Ltd. is covered by 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Feng GaoChina Galaxy Securities Co., Ltd.
Fan YanChina Merchants Securities Co. Ltd.
Wang ZheCitic Securities Co., Ltd.