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Snowsky Salt Industry GroupLTD XSSC:600929 Stock Report

Last Price

CN¥5.59

Market Cap

CN¥9.3b

7D

-5.7%

1Y

-9.7%

Updated

23 Dec, 2024

Data

Company Financials +

Snowsky Salt Industry Group CO.,LTD

XSSC:600929 Stock Report

Market Cap: CN¥9.3b

My Notes

Capture your thoughts, links and company narrative

Snowsky Salt Industry Group CO.,LTD Competitors

Price History & Performance

Summary of share price highs, lows and changes for Snowsky Salt Industry GroupLTD
Historical stock prices
Current Share PriceCN¥5.59
52 Week HighCN¥6.76
52 Week LowCN¥4.53
Beta0.37
1 Month Change-1.58%
3 Month Change4.29%
1 Year Change-9.69%
3 Year Changen/a
5 Year Changen/a
Change since IPO-31.16%

Recent News & Updates

Recent updates

Shareholder Returns

600929CN ChemicalsCN Market
7D-5.7%-2.3%-1.2%
1Y-9.7%0.7%11.8%

Return vs Industry: 600929 underperformed the CN Chemicals industry which returned 0.7% over the past year.

Return vs Market: 600929 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 600929's price volatile compared to industry and market?
600929 volatility
600929 Average Weekly Movement5.0%
Chemicals Industry Average Movement8.2%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 600929 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600929's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20115,680Ha Bin Wangwww.snowskysalt.com.cn

Snowsky Salt Industry Group CO.,LTD engages in production and sale of salt and salt products. It offers table salt, industrial salt, daily chemical salt, livestock salt, caustic soda, soda ash, ammonium chloride, hydrogen peroxide, glauber salt, etc. The company was formerly known as Hunan Salt Industry Co., Ltd. The company was founded in 2011 and is headquartered in Changsha, China.

Snowsky Salt Industry Group CO.,LTD Fundamentals Summary

How do Snowsky Salt Industry GroupLTD's earnings and revenue compare to its market cap?
600929 fundamental statistics
Market capCN¥9.27b
Earnings (TTM)CN¥546.49m
Revenue (TTM)CN¥6.00b

17.0x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600929 income statement (TTM)
RevenueCN¥6.00b
Cost of RevenueCN¥4.28b
Gross ProfitCN¥1.72b
Other ExpensesCN¥1.18b
EarningsCN¥546.49m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.33
Gross Margin28.71%
Net Profit Margin9.11%
Debt/Equity Ratio5.5%

How did 600929 perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

61%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 18:28
End of Day Share Price 2024/12/23 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

Snowsky Salt Industry Group CO.,LTD is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jing HuangChasing Securities
Xiaohan SunHaitong International Research Limited
Wende WuTianfeng Securities Brokerage Co., Ltd