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Zhejiang Medicine SHSE:600216 Stock Report

Last Price

CN¥14.81

Market Cap

CN¥13.3b

7D

19.1%

1Y

32.0%

Updated

01 Aug, 2024

Data

Company Financials +

Zhejiang Medicine Co., Ltd.

SHSE:600216 Stock Report

Market Cap: CN¥13.3b

600216 Stock Overview

Manufactures and sells life nutrition and pharmaceutical products in China.

600216 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance3/6
Financial Health4/6
Dividends2/6

Zhejiang Medicine Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Medicine
Historical stock prices
Current Share PriceCN¥14.81
52 Week HighCN¥13.90
52 Week LowCN¥7.97
Beta-0.054
11 Month Change30.14%
3 Month Change48.55%
1 Year Change32.00%
33 Year Change-5.73%
5 Year Change42.68%
Change since IPO433.06%

Recent News & Updates

Zhejiang Medicine (SHSE:600216) Is Reducing Its Dividend To CN¥0.15

Jul 05
Zhejiang Medicine (SHSE:600216) Is Reducing Its Dividend To CN¥0.15

The Market Doesn't Like What It Sees From Zhejiang Medicine Co., Ltd.'s (SHSE:600216) Earnings Yet

Jun 21
The Market Doesn't Like What It Sees From Zhejiang Medicine Co., Ltd.'s (SHSE:600216) Earnings Yet

Recent updates

Zhejiang Medicine (SHSE:600216) Is Reducing Its Dividend To CN¥0.15

Jul 05
Zhejiang Medicine (SHSE:600216) Is Reducing Its Dividend To CN¥0.15

The Market Doesn't Like What It Sees From Zhejiang Medicine Co., Ltd.'s (SHSE:600216) Earnings Yet

Jun 21
The Market Doesn't Like What It Sees From Zhejiang Medicine Co., Ltd.'s (SHSE:600216) Earnings Yet

Zhejiang Medicine's (SHSE:600216) Earnings Are Weaker Than They Seem

May 02
Zhejiang Medicine's (SHSE:600216) Earnings Are Weaker Than They Seem

Zhejiang Medicine (SHSE:600216) Has A Somewhat Strained Balance Sheet

Mar 29
Zhejiang Medicine (SHSE:600216) Has A Somewhat Strained Balance Sheet

Shareholder Returns

600216CN PharmaceuticalsCN Market
7D19.1%2.5%3.3%
1Y32.0%-12.2%-19.1%

Return vs Industry: 600216 exceeded the CN Pharmaceuticals industry which returned -12.2% over the past year.

Return vs Market: 600216 exceeded the CN Market which returned -19.1% over the past year.

Price Volatility

Is 600216's price volatile compared to industry and market?
600216 volatility
600216 Average Weekly Movement6.3%
Pharmaceuticals Industry Average Movement5.1%
Market Average Movement5.7%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 600216's share price has been volatile over the past 3 months.

Volatility Over Time: 600216's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19976,227Chun Lei Luwww.zmc.top

Zhejiang Medicine Co., Ltd. manufactures and sells life nutrition and pharmaceutical products in China. The company products include synthetic vitamin E, natural vitamin E, ß-carotene, cantharidin, vancomycin hydrochloride, and teicoplanin. It also offers fat-soluble vitamins, retinoids, quinolone antibiotics, anti-resistance antibiotics, and other products, as well as animal nutrition products.

Zhejiang Medicine Co., Ltd. Fundamentals Summary

How do Zhejiang Medicine's earnings and revenue compare to its market cap?
600216 fundamental statistics
Market capCN¥13.27b
Earnings (TTM)CN¥425.74m
Revenue (TTM)CN¥8.04b

33.2x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600216 income statement (TTM)
RevenueCN¥8.04b
Cost of RevenueCN¥5.57b
Gross ProfitCN¥2.46b
Other ExpensesCN¥2.04b
EarningsCN¥425.74m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 23, 2024

Earnings per share (EPS)0.45
Gross Margin30.67%
Net Profit Margin5.30%
Debt/Equity Ratio8.5%

How did 600216 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

34%

Payout Ratio
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