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Guangdong Haomei New MaterialsLtd SZSE:002988 Stock Report

Last Price

CN¥19.65

Market Cap

CN¥4.7b

7D

-5.8%

1Y

-31.1%

Updated

19 Nov, 2024

Data

Company Financials +

Guangdong Haomei New Materials Co.,Ltd

SZSE:002988 Stock Report

Market Cap: CN¥4.7b

Guangdong Haomei New Materials Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Guangdong Haomei New MaterialsLtd
Historical stock prices
Current Share PriceCN¥19.65
52 Week HighCN¥30.70
52 Week LowCN¥12.74
Beta0.30
11 Month Change13.91%
3 Month Change39.86%
1 Year Change-31.10%
33 Year Change-5.89%
5 Year Changen/a
Change since IPO24.76%

Recent News & Updates

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

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
7D-5.8%-6.6%-6.7%
1Y-31.1%1.7%1.9%

Return vs Industry: 002988 underperformed the CN Metals and Mining industry which returned 1.7% over the past year.

Return vs Market: 002988 underperformed the CN Market which returned 1.9% over the past year.

Price Volatility

Is 002988's price volatile compared to industry and market?
002988 volatility
002988 Average Weekly Movement8.0%
Metals and Mining Industry Average Movement7.0%
Market Average Movement8.2%
10% most volatile stocks in CN Market12.5%
10% least volatile stocks in CN Market5.5%

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 (8%) 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¥4.70b
Earnings (TTM)CN¥228.85m
Revenue (TTM)CN¥6.58b

20.5x

P/E Ratio

0.7x

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

n/a

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

2.5%

Current Dividend Yield

26%

Payout Ratio