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MGI Tech SHSE:688114 Stock Report

Last Price

CN¥59.00

Market Cap

CN¥25.3b

7D

1.4%

1Y

-24.2%

Updated

10 May, 2024

Data

Company Financials +

688114 Stock Overview

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.

688114 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 688114 from our risk checks.

MGI Tech Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MGI Tech
Historical stock prices
Current Share PriceCN¥59.00
52 Week HighCN¥106.68
52 Week LowCN¥50.30
Beta0
1 Month Change2.47%
3 Month Change-20.37%
1 Year Change-24.17%
3 Year Changen/a
5 Year Changen/a
Change since IPO-41.00%

Recent News & Updates

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

Recent updates

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
7D1.4%4.7%2.2%
1Y-24.2%-31.9%-10.2%

Return vs Industry: 688114 exceeded the CN Life Sciences industry which returned -31.9% over the past year.

Return vs Market: 688114 underperformed the CN Market which returned -10.2% over the past year.

Price Volatility

Is 688114's price volatile compared to industry and market?
688114 volatility
688114 Average Weekly Movement5.6%
Life Sciences Industry Average Movement7.8%
Market Average Movement7.4%
10% most volatile stocks in CN Market11.0%
10% least volatile stocks in CN Market4.3%

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

Volatility Over Time: 688114's weekly volatility (6%) has been stable over the past year.

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¥25.35b
Earnings (TTM)-CN¥658.67m
Revenue (TTM)CN¥2.82b

8.6x

P/S Ratio

-36.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688114 income statement (TTM)
RevenueCN¥2.82b
Cost of RevenueCN¥1.32b
Gross ProfitCN¥1.51b
Other ExpensesCN¥2.17b
Earnings-CN¥658.67m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.60
Gross Margin53.40%
Net Profit Margin-23.33%
Debt/Equity Ratio4.1%

How did 688114 perform over the long term?

See historical performance and comparison
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