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Wedge IndustrialLtd SZSE:000534 Stock Report

Last Price

CN¥13.20

Market Cap

CN¥6.3b

7D

1.9%

1Y

6.7%

Updated

21 Dec, 2024

Data

Company Financials +

Wedge Industrial Co.,Ltd.

SZSE:000534 Stock Report

Market Cap: CN¥6.3b

000534 Stock Overview

Engages in the research and development, production, and sale of micro-ecological live bacteria products, superalloys, and related products in China. More details

000534 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth6/6
Past Performance4/6
Financial Health2/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Wedge Industrial Co.,Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Wedge IndustrialLtd
Historical stock prices
Current Share PriceCN¥13.20
52 Week HighCN¥13.50
52 Week LowCN¥8.56
Beta0.41
1 Month Change2.64%
3 Month Change43.01%
1 Year Change6.71%
3 Year Change-28.49%
5 Year Change45.05%
Change since IPO687.57%

Recent News & Updates

Is Now The Time To Put Wedge IndustrialLtd (SZSE:000534) On Your Watchlist?

Dec 12
Is Now The Time To Put Wedge IndustrialLtd (SZSE:000534) On Your Watchlist?

Wedge IndustrialLtd's (SZSE:000534) Earnings Aren't As Good As They Appear

Nov 06
Wedge IndustrialLtd's (SZSE:000534) Earnings Aren't As Good As They Appear

Is Wedge IndustrialLtd (SZSE:000534) A Risky Investment?

Oct 23
Is Wedge IndustrialLtd (SZSE:000534) A Risky Investment?

Recent updates

Is Now The Time To Put Wedge IndustrialLtd (SZSE:000534) On Your Watchlist?

Dec 12
Is Now The Time To Put Wedge IndustrialLtd (SZSE:000534) On Your Watchlist?

Wedge IndustrialLtd's (SZSE:000534) Earnings Aren't As Good As They Appear

Nov 06
Wedge IndustrialLtd's (SZSE:000534) Earnings Aren't As Good As They Appear

Is Wedge IndustrialLtd (SZSE:000534) A Risky Investment?

Oct 23
Is Wedge IndustrialLtd (SZSE:000534) A Risky Investment?

Wedge IndustrialLtd (SZSE:000534) Is Increasing Its Dividend To CN¥0.12

Aug 26
Wedge IndustrialLtd (SZSE:000534) Is Increasing Its Dividend To CN¥0.12

Potential Upside For Wedge Industrial Co.,Ltd. (SZSE:000534) Not Without Risk

Jun 25
Potential Upside For Wedge Industrial Co.,Ltd. (SZSE:000534) Not Without Risk

Additional Considerations Required While Assessing Wedge IndustrialLtd's (SZSE:000534) Strong Earnings

Apr 08
Additional Considerations Required While Assessing Wedge IndustrialLtd's (SZSE:000534) Strong Earnings

Shareholder Returns

000534CN Real EstateCN Market
7D1.9%-4.4%-1.2%
1Y6.7%6.7%11.8%

Return vs Industry: 000534 matched the CN Real Estate industry which returned 6.7% over the past year.

Return vs Market: 000534 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 000534's price volatile compared to industry and market?
000534 volatility
000534 Average Weekly Movement7.3%
Real Estate Industry Average Movement8.9%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 000534 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 000534's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19921,000Tian Xiao Biwww.wedgeind.com

Wedge Industrial Co.,Ltd. engages in the research and development, production, and sale of micro-ecological live bacteria products, superalloys, and related products in China. The company operates through Microecological Preparations, and Superalloy and its Products segments.

Wedge Industrial Co.,Ltd. Fundamentals Summary

How do Wedge IndustrialLtd's earnings and revenue compare to its market cap?
000534 fundamental statistics
Market capCN¥6.27b
Earnings (TTM)CN¥192.91m
Revenue (TTM)CN¥1.03b

32.5x

P/E Ratio

6.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
000534 income statement (TTM)
RevenueCN¥1.03b
Cost of RevenueCN¥245.48m
Gross ProfitCN¥786.18m
Other ExpensesCN¥593.27m
EarningsCN¥192.91m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin76.21%
Net Profit Margin18.70%
Debt/Equity Ratio118.7%

How did 000534 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

30%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 07:48
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

Wedge Industrial Co.,Ltd. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chao WangChina Merchants Securities Co. Ltd.
Yi ShiHaitong Securities Co., Ltd.
Kang ShiIndustrial Securities Co. Ltd.