408 Stock Overview
Zangge Mining Company Limited produces and sells potassium chloride under the Blue Sky brand in China.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Zangge Mining Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥28.64 |
| 52 Week High | CN¥34.08 |
| 52 Week Low | CN¥20.90 |
| Beta | 0.86 |
| 1 Month Change | -11.60% |
| 3 Month Change | 9.73% |
| 1 Year Change | 23.77% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -14.58% |
Recent News & Updates
Recent updates
Shareholder Returns
| 408 | CN Chemicals | CN Market | |
|---|---|---|---|
| 7D | -0.7% | 4.6% | 2.2% |
| 1Y | 23.8% | -12.9% | -10.2% |
Return vs Industry: 000408 exceeded the CN Chemicals industry which returned -13.5% over the past year.
Return vs Market: 000408 exceeded the CN Market which returned -11.3% over the past year.
Price Volatility
| 408 volatility | |
|---|---|
| 408 Average Weekly Movement | 6.1% |
| Chemicals Industry Average Movement | 7.4% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in CN Market | 11.0% |
| 10% least volatile stocks in CN Market | 4.3% |
Stable Share Price: 000408 has not had significant price volatility in the past 3 months.
Volatility Over Time: 000408's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 1,737 | Yao Xiao | www.zanggekuangye.com |
Zangge Mining Company Limited produces and sells potassium chloride under the Blue Sky brand in China. It also produces industrial salt, magnesium chloride, and battery-grade lithium carbonate. The company was formerly known as Zangge Holding Company Limited and changed its name to Zangge Mining Company Limited in December 2021.
Zangge Mining Company Limited Fundamentals Summary
| 408 fundamental statistics | |
|---|---|
| Market cap | CN¥44.98b |
| Earnings (TTM) | CN¥3.03b |
| Revenue (TTM) | CN¥4.47b |
14.9x
P/E Ratio10.1x
P/S RatioIs 408 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 408 income statement (TTM) | |
|---|---|
| Revenue | CN¥4.47b |
| Cost of Revenue | CN¥1.71b |
| Gross Profit | CN¥2.76b |
| Other Expenses | -CN¥269.17m |
| Earnings | CN¥3.03b |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.93 |
| Gross Margin | 61.78% |
| Net Profit Margin | 67.81% |
| Debt/Equity Ratio | 0% |
How did 408 perform over the long term?
See historical performance and comparison