company background image
002998 logo

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

Last Price

CN¥6.11

Market Cap

CN¥2.0b

7D

-5.9%

1Y

-21.0%

Updated

25 Dec, 2024

Data

Company Financials

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

SZSE:002998 Stock Report

Market Cap: CN¥2.0b

002998 Stock Overview

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

002998 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 002998 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

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

Price History & Performance

Summary of share price highs, lows and changes for Elite Color Environmental Resources Science & Technology
Historical stock prices
Current Share PriceCN¥6.11
52 Week HighCN¥8.27
52 Week LowCN¥4.56
Beta0.68
1 Month Change-16.07%
3 Month Change13.15%
1 Year Change-20.96%
3 Year Change-30.25%
5 Year Changen/a
Change since IPO-27.43%

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
7D-5.9%-0.7%0.4%
1Y-21.0%0.05%12.3%

Return vs Industry: 002998 underperformed the CN Chemicals industry which returned 0.1% over the past year.

Return vs Market: 002998 underperformed the CN Market which returned 12.3% over the past year.

Price Volatility

Is 002998's price volatile compared to industry and market?
002998 volatility
002998 Average Weekly Movement6.8%
Chemicals Industry Average Movement8.3%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

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 (7%) 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¥1.98b
Earnings (TTM)CN¥122.91m
Revenue (TTM)CN¥2.18b

16.1x

P/E Ratio

0.9x

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 20:18
End of Day Share Price 2024/12/25 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

Elite Color Environmental Resources Science & Technology Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhe WangCitic Securities Co., Ltd.