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Qingdao Gaoce Technology SHSE:688556 Stock Report

Last Price

CN¥11.80

Market Cap

CN¥6.6b

7D

-8.7%

1Y

-46.0%

Updated

19 Dec, 2024

Data

Company Financials +

Qingdao Gaoce Technology Co., Ltd

SHSE:688556 Stock Report

Market Cap: CN¥6.6b

My Notes

Capture your thoughts, links and company narrative

Qingdao Gaoce Technology Co., Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Qingdao Gaoce Technology
Historical stock prices
Current Share PriceCN¥11.80
52 Week HighCN¥24.68
52 Week LowCN¥9.45
Beta0.33
1 Month Change-13.55%
3 Month Change23.43%
1 Year Change-46.00%
3 Year Change-48.94%
5 Year Changen/a
Change since IPO-24.56%

Recent News & Updates

Is Qingdao Gaoce Technology (SHSE:688556) Using Too Much Debt?

Nov 28
Is Qingdao Gaoce Technology (SHSE:688556) Using Too Much Debt?

We Think That There Are More Issues For Qingdao Gaoce Technology (SHSE:688556) Than Just Sluggish Earnings

Nov 07
We Think That There Are More Issues For Qingdao Gaoce Technology (SHSE:688556) Than Just Sluggish Earnings

Qingdao Gaoce Technology (SHSE:688556) Knows How To Allocate Capital Effectively

Oct 24
Qingdao Gaoce Technology (SHSE:688556) Knows How To Allocate Capital Effectively

Recent updates

Is Qingdao Gaoce Technology (SHSE:688556) Using Too Much Debt?

Nov 28
Is Qingdao Gaoce Technology (SHSE:688556) Using Too Much Debt?

We Think That There Are More Issues For Qingdao Gaoce Technology (SHSE:688556) Than Just Sluggish Earnings

Nov 07
We Think That There Are More Issues For Qingdao Gaoce Technology (SHSE:688556) Than Just Sluggish Earnings

Qingdao Gaoce Technology (SHSE:688556) Knows How To Allocate Capital Effectively

Oct 24
Qingdao Gaoce Technology (SHSE:688556) Knows How To Allocate Capital Effectively

Qingdao Gaoce Technology Co., Ltd's (SHSE:688556) Share Price Boosted 39% But Its Business Prospects Need A Lift Too

Oct 02
Qingdao Gaoce Technology Co., Ltd's (SHSE:688556) Share Price Boosted 39% But Its Business Prospects Need A Lift Too

These Analysts Just Made A Huge Downgrade To Their Qingdao Gaoce Technology Co., Ltd (SHSE:688556) EPS Forecasts

Sep 05
These Analysts Just Made A Huge Downgrade To Their Qingdao Gaoce Technology Co., Ltd (SHSE:688556) EPS Forecasts

Are Qingdao Gaoce Technology Co., Ltd (SHSE:688556) Investors Paying Above The Intrinsic Value?

Aug 20
Are Qingdao Gaoce Technology Co., Ltd (SHSE:688556) Investors Paying Above The Intrinsic Value?

Earnings Working Against Qingdao Gaoce Technology Co., Ltd's (SHSE:688556) Share Price Following 27% Dive

Jun 30
Earnings Working Against Qingdao Gaoce Technology Co., Ltd's (SHSE:688556) Share Price Following 27% Dive

Why The 31% Return On Capital At Qingdao Gaoce Technology (SHSE:688556) Should Have Your Attention

Jun 20
Why The 31% Return On Capital At Qingdao Gaoce Technology (SHSE:688556) Should Have Your Attention

We Think That There Are Some Issues For Qingdao Gaoce Technology (SHSE:688556) Beyond Its Promising Earnings

Apr 30
We Think That There Are Some Issues For Qingdao Gaoce Technology (SHSE:688556) Beyond Its Promising Earnings

Downgrade: Here's How Analysts See Qingdao Gaoce Technology Co., Ltd (SHSE:688556) Performing In The Near Term

Apr 29
Downgrade: Here's How Analysts See Qingdao Gaoce Technology Co., Ltd (SHSE:688556) Performing In The Near Term

CN¥42.18: That's What Analysts Think Qingdao Gaoce Technology Co., Ltd (SHSE:688556) Is Worth After Its Latest Results

Mar 30
CN¥42.18: That's What Analysts Think Qingdao Gaoce Technology Co., Ltd (SHSE:688556) Is Worth After Its Latest Results

Here's Why Qingdao Gaoce Technology (SHSE:688556) Has Caught The Eye Of Investors

Mar 22
Here's Why Qingdao Gaoce Technology (SHSE:688556) Has Caught The Eye Of Investors

Qingdao Gaoce Technology Co., Ltd (SHSE:688556) Held Back By Insufficient Growth Even After Shares Climb 26%

Mar 06
Qingdao Gaoce Technology Co., Ltd (SHSE:688556) Held Back By Insufficient Growth Even After Shares Climb 26%

Shareholder Returns

688556CN SemiconductorCN Market
7D-8.7%-2.2%-2.7%
1Y-46.0%13.4%11.8%

Return vs Industry: 688556 underperformed the CN Semiconductor industry which returned 13.4% over the past year.

Return vs Market: 688556 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 688556's price volatile compared to industry and market?
688556 volatility
688556 Average Weekly Movement12.6%
Semiconductor Industry Average Movement11.6%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 688556's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 688556's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20064,122n/awww.gaoce.cc

Qingdao Gaoce Technology Co., Ltd engages in the research, development, manufacture, and sale of cutting equipment for hard and brittle materials and cutting tools in China. The company offers photovoltaic cutting equipment, such as loop cutting machine, single crystal cutting machine, grinding and polishing machine, cutting and grinding machine, edge leather processing solutions, diamond wire slicer, diamond wire, looped diamond wire, and diamond grinding tools; semiconductor cutting equipment; silicon carbide cutting machines, which include silicon slicer, thinning, chamfering machines, and silicon carbide special diamond wire machines; sapphire cutting; magnetic material cutting equipment; and silicon wafer equipment. It offers its products to photovoltaic industry.

Qingdao Gaoce Technology Co., Ltd Fundamentals Summary

How do Qingdao Gaoce Technology's earnings and revenue compare to its market cap?
688556 fundamental statistics
Market capCN¥6.57b
Earnings (TTM)CN¥493.73m
Revenue (TTM)CN¥5.40b

13.1x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688556 income statement (TTM)
RevenueCN¥5.40b
Cost of RevenueCN¥3.96b
Gross ProfitCN¥1.44b
Other ExpensesCN¥949.80m
EarningsCN¥493.73m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.90
Gross Margin26.71%
Net Profit Margin9.13%
Debt/Equity Ratio13.3%

How did 688556 perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

72%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 08:58
End of Day Share Price 2024/12/19 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

Qingdao Gaoce Technology Co., Ltd is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fu YangChasing Securities
Pei LuChina Galaxy Securities Co., Ltd.
Yigong TaoChina Galaxy Securities Co., Ltd.