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Guangdong Haomei New MaterialsLtd SZSE:002988 Stock Report

Last Price

CN¥21.00

Market Cap

CN¥5.0b

7D

0.5%

1Y

22.4%

Updated

01 Feb, 2025

Data

Company Financials +

Guangdong Haomei New Materials Co.,Ltd

SZSE:002988 Stock Report

Market Cap: CN¥5.0b

My Notes

Capture your thoughts, links and company narrative

Guangdong Haomei New Materials Co.,Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Guangdong Haomei New MaterialsLtd
Historical stock prices
Current Share PriceCN¥21.00
52 Week HighCN¥23.98
52 Week LowCN¥12.74
Beta0.29
1 Month Change-1.59%
3 Month Change11.11%
1 Year Change22.38%
3 Year Change19.39%
5 Year Changen/a
Change since IPO33.33%

Recent News & Updates

Returns At Guangdong Haomei New MaterialsLtd (SZSE:002988) Appear To Be Weighed Down

Dec 24
Returns At Guangdong Haomei New MaterialsLtd (SZSE:002988) Appear To Be Weighed Down

Investors Still Aren't Entirely Convinced By Guangdong Haomei New Materials Co.,Ltd's (SZSE:002988) Revenues Despite 35% Price Jump

Nov 14
Investors Still Aren't Entirely Convinced By Guangdong Haomei New Materials Co.,Ltd's (SZSE:002988) Revenues Despite 35% Price Jump

We Think That There Are Issues Underlying Guangdong Haomei New MaterialsLtd's (SZSE:002988) Earnings

Nov 02
We Think That There Are Issues Underlying Guangdong Haomei New MaterialsLtd's (SZSE:002988) Earnings

Recent updates

Returns At Guangdong Haomei New MaterialsLtd (SZSE:002988) Appear To Be Weighed Down

Dec 24
Returns At Guangdong Haomei New MaterialsLtd (SZSE:002988) Appear To Be Weighed Down

Investors Still Aren't Entirely Convinced By Guangdong Haomei New Materials Co.,Ltd's (SZSE:002988) Revenues Despite 35% Price Jump

Nov 14
Investors Still Aren't Entirely Convinced By Guangdong Haomei New Materials Co.,Ltd's (SZSE:002988) Revenues Despite 35% Price Jump

We Think That There Are Issues Underlying Guangdong Haomei New MaterialsLtd's (SZSE:002988) Earnings

Nov 02
We Think That There Are Issues Underlying Guangdong Haomei New MaterialsLtd's (SZSE:002988) Earnings

Investors Holding Back On Guangdong Haomei New Materials Co.,Ltd (SZSE:002988)

Sep 30
Investors Holding Back On Guangdong Haomei New Materials Co.,Ltd (SZSE:002988)

Returns On Capital At Guangdong Haomei New MaterialsLtd (SZSE:002988) Have Stalled

Apr 28
Returns On Capital At Guangdong Haomei New MaterialsLtd (SZSE:002988) Have Stalled

Shareholder Returns

002988CN Metals and MiningCN Market
7D0.5%-0.1%-0.9%
1Y22.4%20.8%22.0%

Return vs Industry: 002988 exceeded the CN Metals and Mining industry which returned 20.8% over the past year.

Return vs Market: 002988 matched the CN Market which returned 22% over the past year.

Price Volatility

Is 002988's price volatile compared to industry and market?
002988 volatility
002988 Average Weekly Movement7.1%
Metals and Mining Industry Average Movement5.5%
Market Average Movement6.7%
10% most volatile stocks in CN Market10.7%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 002988 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002988's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19913,583Weifeng Dongwww.haomei-alu.com

Guangdong Haomei New Materials Co.,Ltd researches, develops, manufactures and sells aluminum profiles in China. The company offers automotive lightweight materials, including anti-collision beams, battery trays, shock absorber brackets, power brackets, by-frames, and motor housing products. It also offers doors and windows systems; aluminum alloy building profiles; and industrial aluminum and forging products, including machined and round bar, and extruded aluminum square tube.

Guangdong Haomei New Materials Co.,Ltd Fundamentals Summary

How do Guangdong Haomei New MaterialsLtd's earnings and revenue compare to its market cap?
002988 fundamental statistics
Market capCN¥5.02b
Earnings (TTM)CN¥228.85m
Revenue (TTM)CN¥6.58b

22.0x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002988 income statement (TTM)
RevenueCN¥6.58b
Cost of RevenueCN¥5.80b
Gross ProfitCN¥783.01m
Other ExpensesCN¥554.16m
EarningsCN¥228.85m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 29, 2025

Earnings per share (EPS)0.96
Gross Margin11.90%
Net Profit Margin3.48%
Debt/Equity Ratio102.7%

How did 002988 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

26%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 05:27
End of Day Share Price 2025/01/27 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

Guangdong Haomei New Materials Co.,Ltd is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xiaogang ZhengChina Merchants Securities Co. Ltd.
Zu Xue QiuIndustrial Securities Co. Ltd.
Rongfu BaoTianfeng Securities Brokerage Co., Ltd