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Wedge IndustrialLtd SZSE:000534 Stock Report

Last Price

CN¥10.87

Market Cap

CN¥5.2b

7D

-5.3%

1Y

-31.9%

Updated

17 Apr, 2024

Data

Company Financials +

Wedge Industrial Co.,Ltd.

SZSE:000534 Stock Report

Market Cap: CN¥5.2b

534 Stock Overview

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.

534 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance4/6
Financial Health2/6
Dividends3/6

Wedge Industrial Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Wedge IndustrialLtd
Historical stock prices
Current Share PriceCN¥10.87
52 Week HighCN¥17.74
52 Week LowCN¥8.56
Beta0.41
1 Month Change-9.04%
3 Month Change-8.66%
1 Year Change-31.89%
3 Year Change-15.21%
5 Year Change-8.42%
Change since IPO548.56%

Recent News & Updates

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

Recent updates

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

534CN Real EstateCN Market
7D-5.3%-2.8%-0.2%
1Y-31.9%-31.4%-17.8%

Return vs Industry: 000534 exceeded the CN Real Estate industry which returned -34.5% over the past year.

Return vs Market: 000534 underperformed the CN Market which returned -21.1% over the past year.

Price Volatility

Is 534's price volatile compared to industry and market?
534 volatility
534 Average Weekly Movement8.2%
Real Estate Industry Average Movement7.8%
Market Average Movement8.9%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.4%

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

Volatility Over Time: 000534's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19921,390Tian 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?
534 fundamental statistics
Market capCN¥5.19b
Earnings (TTM)CN¥176.55m
Revenue (TTM)CN¥981.44m

29.4x

P/E Ratio

5.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
534 income statement (TTM)
RevenueCN¥981.44m
Cost of RevenueCN¥254.69m
Gross ProfitCN¥726.75m
Other ExpensesCN¥550.19m
EarningsCN¥176.55m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 29, 2024

Earnings per share (EPS)0.37
Gross Margin74.05%
Net Profit Margin17.99%
Debt/Equity Ratio81.2%

How did 534 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

34%

Payout Ratio
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