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MGI Tech SHSE:688114 Stock Report

Last Price

CN¥52.98

Market Cap

CN¥21.8b

7D

3.4%

1Y

-37.8%

Updated

21 Dec, 2024

Data

Company Financials +

688114 Stock Overview

Engages in the research, development, production, and sale of DNA sequencing instruments, reagents, and related products for precision medicine, agriculture, healthcare, and other relevant industries. More details

688114 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

MGI Tech Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for MGI Tech
Historical stock prices
Current Share PriceCN¥52.98
52 Week HighCN¥87.87
52 Week LowCN¥34.68
Beta0.15
1 Month Change3.07%
3 Month Change46.43%
1 Year Change-37.77%
3 Year Changen/a
5 Year Changen/a
Change since IPO-47.02%

Recent News & Updates

MGI Tech Co., Ltd.'s (SHSE:688114) Shares Climb 35% But Its Business Is Yet to Catch Up

Oct 02
MGI Tech Co., Ltd.'s (SHSE:688114) Shares Climb 35% But Its Business Is Yet to Catch Up

Recent updates

MGI Tech Co., Ltd.'s (SHSE:688114) Shares Climb 35% But Its Business Is Yet to Catch Up

Oct 02
MGI Tech Co., Ltd.'s (SHSE:688114) Shares Climb 35% But Its Business Is Yet to Catch Up

Things Look Grim For MGI Tech Co., Ltd. (SHSE:688114) After Today's Downgrade

Aug 30
Things Look Grim For MGI Tech Co., Ltd. (SHSE:688114) After Today's Downgrade

Is MGI Tech Co., Ltd. (SHSE:688114) Trading At A 26% Discount?

Jun 03
Is MGI Tech Co., Ltd. (SHSE:688114) Trading At A 26% Discount?

Newsflash: MGI Tech Co., Ltd. (SHSE:688114) Analysts Have Been Trimming Their Revenue Forecasts

Apr 29
Newsflash: MGI Tech Co., Ltd. (SHSE:688114) Analysts Have Been Trimming Their Revenue Forecasts

Is MGI Tech (SHSE:688114) Using Debt In A Risky Way?

Mar 28
Is MGI Tech (SHSE:688114) Using Debt In A Risky Way?

Investor Optimism Abounds MGI Tech Co., Ltd. (SHSE:688114) But Growth Is Lacking

Feb 29
Investor Optimism Abounds MGI Tech Co., Ltd. (SHSE:688114) But Growth Is Lacking

Shareholder Returns

688114CN Life SciencesCN Market
7D3.4%-1.5%-1.2%
1Y-37.8%-18.1%11.8%

Return vs Industry: 688114 underperformed the CN Life Sciences industry which returned -18.1% over the past year.

Return vs Market: 688114 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 688114's price volatile compared to industry and market?
688114 volatility
688114 Average Weekly Movement11.1%
Life Sciences Industry Average Movement10.1%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 688114's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 688114's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20162,867Dejian Yuen.mgi-tech.com

MGI Tech Co., Ltd. engages in the research, development, production, and sale of DNA sequencing instruments, reagents, and related products for precision medicine, agriculture, healthcare, and other relevant industries. in China and internationally. Its products include sequencers, such as genetic sequencers, sequencing reagents, library prep kits, and bioinformatics analysis; lab automation products, which includes automation system and sample treatment kits; and novel products, comprising single-cell platform, ultrasound platform, and BIT platform.

MGI Tech Co., Ltd. Fundamentals Summary

How do MGI Tech's earnings and revenue compare to its market cap?
688114 fundamental statistics
Market capCN¥21.78b
Earnings (TTM)-CN¥873.08m
Revenue (TTM)CN¥2.58b

8.5x

P/S Ratio

-24.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688114 income statement (TTM)
RevenueCN¥2.58b
Cost of RevenueCN¥1.23b
Gross ProfitCN¥1.34b
Other ExpensesCN¥2.21b
Earnings-CN¥873.08m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.12
Gross Margin52.08%
Net Profit Margin-33.89%
Debt/Equity Ratio6.1%

How did 688114 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 06:48
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

MGI Tech Co., Ltd. is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pei ChengChina Galaxy Securities Co., Ltd.
Xipeng FengChina International Capital Corporation Limited
Feifei XuChina Merchants Securities Co. Ltd.