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TongweiLtd SHSE:600438 Stock Report

Last Price

CN¥22.66

Market Cap

CN¥99.7b

7D

-5.9%

1Y

-4.2%

Updated

21 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Tongwei Co.,Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for TongweiLtd
Historical stock prices
Current Share PriceCN¥22.66
52 Week HighCN¥32.05
52 Week LowCN¥15.79
Beta1.2
1 Month Change-16.54%
3 Month Change27.23%
1 Year Change-4.19%
3 Year Change-45.09%
5 Year Change74.31%
Change since IPO2,403.87%

Recent News & Updates

TongweiLtd (SHSE:600438) Is Carrying A Fair Bit Of Debt

Nov 28
TongweiLtd (SHSE:600438) Is Carrying A Fair Bit Of Debt

Tongwei Co.,Ltd's (SHSE:600438) Price Is Right But Growth Is Lacking After Shares Rocket 41%

Oct 23
Tongwei Co.,Ltd's (SHSE:600438) Price Is Right But Growth Is Lacking After Shares Rocket 41%

Recent updates

TongweiLtd (SHSE:600438) Is Carrying A Fair Bit Of Debt

Nov 28
TongweiLtd (SHSE:600438) Is Carrying A Fair Bit Of Debt

Tongwei Co.,Ltd's (SHSE:600438) Price Is Right But Growth Is Lacking After Shares Rocket 41%

Oct 23
Tongwei Co.,Ltd's (SHSE:600438) Price Is Right But Growth Is Lacking After Shares Rocket 41%

There's No Escaping Tongwei Co.,Ltd's (SHSE:600438) Muted Revenues

Aug 21
There's No Escaping Tongwei Co.,Ltd's (SHSE:600438) Muted Revenues

Tongwei Co.,Ltd's (SHSE:600438) Intrinsic Value Is Potentially 76% Above Its Share Price

Aug 08
Tongwei Co.,Ltd's (SHSE:600438) Intrinsic Value Is Potentially 76% Above Its Share Price

We Think TongweiLtd (SHSE:600438) Is Taking Some Risk With Its Debt

Jul 26
We Think TongweiLtd (SHSE:600438) Is Taking Some Risk With Its Debt

Is Now The Time To Look At Buying Tongwei Co.,Ltd (SHSE:600438)?

Jun 06
Is Now The Time To Look At Buying Tongwei Co.,Ltd (SHSE:600438)?

Improved Revenues Required Before Tongwei Co.,Ltd (SHSE:600438) Shares Find Their Feet

May 22
Improved Revenues Required Before Tongwei Co.,Ltd (SHSE:600438) Shares Find Their Feet

There May Be Reason For Hope In TongweiLtd's (SHSE:600438) Disappointing Earnings

May 06
There May Be Reason For Hope In TongweiLtd's (SHSE:600438) Disappointing Earnings

Tongwei Co.,Ltd Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

May 01
Tongwei Co.,Ltd Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

Under The Bonnet, TongweiLtd's (SHSE:600438) Returns Look Impressive

Apr 15
Under The Bonnet, TongweiLtd's (SHSE:600438) Returns Look Impressive

Does TongweiLtd (SHSE:600438) Have A Healthy Balance Sheet?

Feb 28
Does TongweiLtd (SHSE:600438) Have A Healthy Balance Sheet?

Shareholder Returns

600438CN SemiconductorCN Market
7D-5.9%2.6%-1.2%
1Y-4.2%16.8%11.8%

Return vs Industry: 600438 underperformed the CN Semiconductor industry which returned 16.8% over the past year.

Return vs Market: 600438 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 600438's price volatile compared to industry and market?
600438 volatility
600438 Average Weekly Movement8.9%
Semiconductor Industry Average Movement11.7%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 600438 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600438's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199556,406Shuqi Liuwww.tongwei.com.cn

Tongwei Co.,Ltd engages in the production and distribution of feed products in China and internationally. The company offers fish feed, pig feed, poultry feed and freshwater and marine aquaculture feed; aquatic products; breeding and seedling cultivation; production, wholesale and retail of veterinary drugs, feed pharmaceutical additives; slaughter and processing of fish, pig, duck food and sales of fresh fish. It also produces and sells polysilicon and monocrystalline silicon, polyvinyl chloride and its series products, and caustic soda and ancillary products.

Tongwei Co.,Ltd Fundamentals Summary

How do TongweiLtd's earnings and revenue compare to its market cap?
600438 fundamental statistics
Market capCN¥99.72b
Earnings (TTM)-CN¥6.70b
Revenue (TTM)CN¥95.96b

1.0x

P/S Ratio

-14.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600438 income statement (TTM)
RevenueCN¥95.96b
Cost of RevenueCN¥87.86b
Gross ProfitCN¥8.10b
Other ExpensesCN¥14.80b
Earnings-CN¥6.70b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.52
Gross Margin8.44%
Net Profit Margin-6.98%
Debt/Equity Ratio116.9%

How did 600438 perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

-61%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 01:36
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

Tongwei Co.,Ltd is covered by 48 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cheng ShenBOCI Research Ltd.
Miriam ChanBofA Global Research
Jian Xiong LimCFRA Equity Research