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Qinghai Spring Medicinal Resources Technology SHSE:600381 Stock Report

Last Price

CN¥3.61

Market Cap

CN¥2.1b

7D

-0.8%

1Y

-52.1%

Updated

22 Dec, 2024

Data

Company Financials

Qinghai Spring Medicinal Resources Technology Co., Ltd.

SHSE:600381 Stock Report

Market Cap: CN¥2.1b

600381 Stock Overview

Qinghai Spring Medicinal Resources Technology Co., Ltd. More details

600381 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Qinghai Spring Medicinal Resources Technology Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Qinghai Spring Medicinal Resources Technology
Historical stock prices
Current Share PriceCN¥3.61
52 Week HighCN¥8.28
52 Week LowCN¥1.84
Beta0.45
1 Month Change19.54%
3 Month Change38.85%
1 Year Change-52.06%
3 Year Change-57.23%
5 Year Change-32.02%
Change since IPO-87.43%

Recent News & Updates

There's Reason For Concern Over Qinghai Spring Medicinal Resources Technology Co., Ltd.'s (SHSE:600381) Massive 30% Price Jump

Nov 11
There's Reason For Concern Over Qinghai Spring Medicinal Resources Technology Co., Ltd.'s (SHSE:600381) Massive 30% Price Jump

Recent updates

There's Reason For Concern Over Qinghai Spring Medicinal Resources Technology Co., Ltd.'s (SHSE:600381) Massive 30% Price Jump

Nov 11
There's Reason For Concern Over Qinghai Spring Medicinal Resources Technology Co., Ltd.'s (SHSE:600381) Massive 30% Price Jump

Qinghai Spring Medicinal Resources Technology Co., Ltd.'s (SHSE:600381) Share Price Is Still Matching Investor Opinion Despite 30% Slump

Jun 24
Qinghai Spring Medicinal Resources Technology Co., Ltd.'s (SHSE:600381) Share Price Is Still Matching Investor Opinion Despite 30% Slump

Qinghai Spring Medicinal Resources Technology Co., Ltd.'s (SHSE:600381) 26% Cheaper Price Remains In Tune With Revenues

May 09
Qinghai Spring Medicinal Resources Technology Co., Ltd.'s (SHSE:600381) 26% Cheaper Price Remains In Tune With Revenues

Qinghai Spring Medicinal Resources Technology Co., Ltd.'s (SHSE:600381) 27% Price Boost Is Out Of Tune With Revenues

Mar 12
Qinghai Spring Medicinal Resources Technology Co., Ltd.'s (SHSE:600381) 27% Price Boost Is Out Of Tune With Revenues

Shareholder Returns

600381CN PharmaceuticalsCN Market
7D-0.8%-1.9%-1.2%
1Y-52.1%-1.8%11.8%

Return vs Industry: 600381 underperformed the CN Pharmaceuticals industry which returned -1.8% over the past year.

Return vs Market: 600381 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 600381's price volatile compared to industry and market?
600381 volatility
600381 Average Weekly Movement7.5%
Pharmaceuticals Industry Average Movement7.4%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 600381 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600381's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003173Xuefeng Zhangwww.verygrass.com

Qinghai Spring Medicinal Resources Technology Co., Ltd. research and development, production, and sale of cordyceps products. It is also involved in the sale of beverages and aquatic products; advertising; and foreign investment business.

Qinghai Spring Medicinal Resources Technology Co., Ltd. Fundamentals Summary

How do Qinghai Spring Medicinal Resources Technology's earnings and revenue compare to its market cap?
600381 fundamental statistics
Market capCN¥2.07b
Earnings (TTM)-CN¥287.99m
Revenue (TTM)CN¥251.20m

8.2x

P/S Ratio

-7.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600381 income statement (TTM)
RevenueCN¥251.20m
Cost of RevenueCN¥147.09m
Gross ProfitCN¥104.11m
Other ExpensesCN¥392.09m
Earnings-CN¥287.99m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.50
Gross Margin41.44%
Net Profit Margin-114.64%
Debt/Equity Ratio0%

How did 600381 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 06:08
End of Day Share Price 2024/12/20 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

Qinghai Spring Medicinal Resources 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
Qi HeHuatai Research