How does 600884's PS Ratio compare to its peers?

600884 is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (9.5x).

How does 600884's PS Ratio compare vs other companies in the CN Chemicals Industry?

600884 is good value based on its Price-To-Sales Ratio (1.1x) compared to the CN Chemicals industry average (2.4x).

What is 600884's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

600884 is good value based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (1.6x).

What is the Fair Price of 600884 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

600884 (CN¥9.03) is trading below our estimate of [[fair value]] (CN¥27.3)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Ningbo ShanshanLtd (XSSC:600884) - Stock Price, News & Analysis

600884 Stock Overview

Provides lithium battery materials in China and internationally.

About the company

600884 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	4/6
Past Performance	0/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 66.9% below our estimate of its fair value

Earnings are forecast to grow 63.55% per year

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 2.21% is not well covered by earnings or free cash flows

Ningbo Shanshan Co.,Ltd. Competitors

Levima Advanced Materials

SZSE:003022

CN¥22.7b

Fujian Kuncai Material Technology

SHSE:603826

CN¥18.0b

Luxi Chemical Group

SZSE:000830

CN¥23.3b

Jiangsu Nata Opto-electronic Material

SZSE:300346

CN¥24.5b

Price History & Performance

Summary of all time highs, changes and price drops for Ningbo ShanshanLtd
Historical stock prices
Current Share Price	CN¥9.03
52 Week High	CN¥14.44
52 Week Low	CN¥6.60
Beta	1.24
11 Month Change	1.23%
3 Month Change	21.70%
1 Year Change	-36.05%
33 Year Change	-76.07%
5 Year Change	21.91%
Change since IPO	52.78%

Recent updates

Shareholder Returns

	600884	CN Chemicals	CN Market
7D	0.1%	5.5%	5.8%
1Y	-36.0%	-2.8%	9.0%

Return vs Industry: 600884 underperformed the CN Chemicals industry which returned -2.8% over the past year.

Return vs Market: 600884 underperformed the CN Market which returned 9% over the past year.

Price Volatility

Is 600884's price volatile compared to industry and market?
600884 volatility
600884 Average Weekly Movement	7.6%
Chemicals Industry Average Movement	7.3%
Market Average Movement	7.9%
10% most volatile stocks in CN Market	12.0%
10% least volatile stocks in CN Market	5.4%

Stable Share Price: 600884 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600884's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1992	8,095	Zhi Hua Li	www.ssgf.net

Ningbo Shanshan Co.,Ltd. provides lithium battery materials in China and internationally. The company provides lithium-ion battery materials; cathode materials, such as lithium cobalt oxide products, multi-material series products, lithium manganese oxide products, and ternary precursors; anode material products, including artificial and natural graphite, mesophase carbon microbeads, and composite graphite; silicon anode materials; and lithium battery electrolyte products.

Ningbo Shanshan Co.,Ltd. Fundamentals Summary

How do Ningbo ShanshanLtd's earnings and revenue compare to its market cap?
600884 fundamental statistics
Market cap	CN¥19.44b
Earnings (TTM)	-CN¥413.63m
Revenue (TTM)	CN¥17.64b

1.1x

P/S Ratio

-47.0x

P/E Ratio

Is 600884 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600884 income statement (TTM)
Revenue	CN¥17.64b
Cost of Revenue	CN¥15.37b
Gross Profit	CN¥2.28b
Other Expenses	CN¥2.69b
Earnings	-CN¥413.63m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.19
Gross Margin	12.92%
Net Profit Margin	-2.34%
Debt/Equity Ratio	74.7%

How did 600884 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

-118%

Payout Ratio

600884 Stock Overview

Rewards

Risk Analysis

Ningbo Shanshan Co.,Ltd. Competitors

SZSE:003022

CN¥22.7b

SHSE:603826

CN¥18.0b

SZSE:000830

CN¥23.3b

SZSE:300346

CN¥24.5b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.11 in 3Q 2023)

Ningbo Shanshan Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024

Second quarter 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.25 in 2Q 2023)

Ningbo Shanshan Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024

Ningbo Shanshan Co.,Ltd. (SHSE:600884) announces an Equity Buyback for CNY 400 million worth of its shares.

Dividend reduced to CN¥0.20

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.11 in 3Q 2023)

Ningbo Shanshan Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024

Second quarter 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.25 in 2Q 2023)

Ningbo Shanshan Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024

Ningbo Shanshan Co.,Ltd. (SHSE:600884) announces an Equity Buyback for CNY 400 million worth of its shares.

Dividend reduced to CN¥0.20

First quarter 2024 earnings released: CN¥0.033 loss per share (vs CN¥0.29 profit in 1Q 2023)

Ningbo Shanshan Co.,Ltd., Annual General Meeting, May 16, 2024

Ningbo Shanshan Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024

Ningbo Shanshan Co.,Ltd. (SHSE:600884) announces an Equity Buyback for CNY 500 million worth of its shares.

Investor sentiment deteriorates as stock falls 18%

Ningbo Shanshan Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024

New major risk - Financial position

Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.25 in 3Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.40 in 2Q 2022)

Full year 2022 earnings released: EPS: CN¥1.23 (vs CN¥2.04 in FY 2021)

Ningbo Shanshan Co.,Ltd. (SHSE:600884) announces an Equity Buyback for CNY 500 million worth of its shares.

Ningbo Shanshan Co.,Ltd. (SHSE:600884) announces an Equity Buyback for CNY 500 million worth of its shares.

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥1.22 in 3Q 2021)

Ningbo Shanshan Co.,Ltd. announced that it expects to receive CNY 6 billion in funding

Ningbo Shanshan Co.,Ltd. announced that it expects to receive CNY 6 billion in funding

Second quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.28 in 2Q 2021)

Ningbo Shanshan Co.,Ltd. has completed a Follow-on Equity Offering in the amount of $318.729072 million.

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: CN¥0.38 (vs CN¥0.19 in 1Q 2021)

Less than half of directors are independent

Third quarter 2021 earnings released: EPS CN¥1.22 (vs CN¥0.12 in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.28 (vs CN¥0.21 in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.052 loss in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.097 (vs CN¥0.17 in FY 2019)

Ningbo Shanshan Co.,Ltd.(XSSC:600884) dropped from FTSE All-World Index (USD)

Ningbo Shanshan Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 23, 2021

New 90-day high: CN¥19.02

New 90-day high: CN¥16.08

New 90-day high: CN¥13.23

Third quarter earnings released

Earnings released

New 90-day high - CN¥13.88

Ningbo Shanshan Co.,Ltd. to Report First Half, 2020 Results on Aug 25, 2020

Shareholder Returns

Price Volatility

About the Company

Ningbo Shanshan Co.,Ltd. Fundamentals Summary

1.1x

-47.0x

Earnings & Revenue

Dividends

2.2%

-118%