company background image
002998 logo

Elite Color Environmental Resources Science & Technology SZSE:002998 Stock Report

Last Price

CN¥6.62

Market Cap

CN¥2.1b

7D

5.8%

1Y

-21.5%

Updated

24 Nov, 2024

Data

Company Financials +

Elite Color Environmental Resources Science & Technology Co., Ltd.

SZSE:002998 Stock Report

Market Cap: CN¥2.1b

002998 Stock Overview

Elite Color Environmental Resources Science & Technology Co., Ltd. More details

002998 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 002998 from our risk checks.

Elite Color Environmental Resources Science & Technology Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Elite Color Environmental Resources Science & Technology
Historical stock prices
Current Share PriceCN¥6.62
52 Week HighCN¥8.60
52 Week LowCN¥4.56
Beta0.72
11 Month Change9.97%
3 Month Change28.79%
1 Year Change-21.47%
33 Year Change-24.60%
5 Year Changen/a
Change since IPO-21.38%

Recent News & Updates

Improved Earnings Required Before Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) Shares Find Their Feet

Sep 27
Improved Earnings Required Before Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) Shares Find Their Feet

Recent updates

Improved Earnings Required Before Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) Shares Find Their Feet

Sep 27
Improved Earnings Required Before Elite Color Environmental Resources Science & Technology Co., Ltd. (SZSE:002998) Shares Find Their Feet

Elite Color Environmental Resources Science & Technology (SZSE:002998) Might Be Having Difficulty Using Its Capital Effectively

Apr 17
Elite Color Environmental Resources Science & Technology (SZSE:002998) Might Be Having Difficulty Using Its Capital Effectively

Shareholder Returns

002998CN ChemicalsCN Market
7D5.8%-0.9%-2.1%
1Y-21.5%-5.3%2.8%

Return vs Industry: 002998 underperformed the CN Chemicals industry which returned -5.3% over the past year.

Return vs Market: 002998 underperformed the CN Market which returned 2.8% over the past year.

Price Volatility

Is 002998's price volatile compared to industry and market?
002998 volatility
002998 Average Weekly Movement5.6%
Chemicals Industry Average Movement8.0%
Market Average Movement8.4%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 002998 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002998's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20031,151Zexin Daiwww.elitecolor.cn

Elite Color Environmental Resources Science & Technology Co., Ltd. engages in the research and development, production, and sale of polyester fiber and its products in China. The company offers virgin and regenerated low melting fibers; home textile, cotton textile, carpet, scouring pad, geotextile, flame-retardant, and automotive interior trim material polyester staple fiber; ES fibers; melt-blown non-woven fabrics; and hot melt and low melting yarns.

Elite Color Environmental Resources Science & Technology Co., Ltd. Fundamentals Summary

How do Elite Color Environmental Resources Science & Technology's earnings and revenue compare to its market cap?
002998 fundamental statistics
Market capCN¥2.14b
Earnings (TTM)CN¥122.91m
Revenue (TTM)CN¥2.18b

17.5x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002998 income statement (TTM)
RevenueCN¥2.18b
Cost of RevenueCN¥1.90b
Gross ProfitCN¥284.29m
Other ExpensesCN¥161.38m
EarningsCN¥122.91m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.38
Gross Margin13.02%
Net Profit Margin5.63%
Debt/Equity Ratio30.8%

How did 002998 perform over the long term?

See historical performance and comparison