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Qingdao Gaoce Technology SHSE:688556 Stock Report

Last Price

CN¥11.90

Market Cap

CN¥6.5b

7D

8.1%

1Y

-58.5%

Updated

22 Jul, 2024

Data

Company Financials +

Qingdao Gaoce Technology Co., Ltd

SHSE:688556 Stock Report

Market Cap: CN¥6.5b

Qingdao Gaoce Technology Co., Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Qingdao Gaoce Technology
Historical stock prices
Current Share PriceCN¥11.90
52 Week HighCN¥33.51
52 Week LowCN¥10.61
Beta0.15
11 Month Change-10.53%
3 Month Change-34.99%
1 Year Change-58.50%
33 Year Change24.02%
5 Year Changen/a
Change since IPO-23.92%

Recent News & Updates

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

Recent updates

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
7D8.1%4.4%0.2%
1Y-58.5%-26.9%-16.6%

Return vs Industry: 688556 underperformed the CN Semiconductor industry which returned -26.9% over the past year.

Return vs Market: 688556 underperformed the CN Market which returned -16.6% over the past year.

Price Volatility

Is 688556's price volatile compared to industry and market?
688556 volatility
688556 Average Weekly Movement5.5%
Semiconductor Industry Average Movement6.6%
Market Average Movement5.9%
10% most volatile stocks in CN Market9.1%
10% least volatile stocks in CN Market3.9%

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

Volatility Over Time: 688556's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20065,228n/awww.gaoce.cc

Qingdao Gaoce Technology Co., Ltd research, develops, manufactures, and sells cutting equipment for hard and brittle materials, and cutting tools in China. The company offers photovoltaic cutting equipment, such as diamond wire slicing machine, diamond wire single crystal cutting machine, diamond wire, wire polycrystalline cutting machine, diamond wire single crystal square cutting machine, etc; semiconductor cutting equipment; silicon carbide cutting machines, which include silicon slicer, thinning, chamfering machines, and diamond wire for silicon carbide cutting; magnetic cutting; sapphire cutting; 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¥6.54b
Earnings (TTM)CN¥1.34b
Revenue (TTM)CN¥6.34b

4.9x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688556 income statement (TTM)
RevenueCN¥6.34b
Cost of RevenueCN¥3.84b
Gross ProfitCN¥2.51b
Other ExpensesCN¥1.17b
EarningsCN¥1.34b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 30, 2024

Earnings per share (EPS)2.45
Gross Margin39.53%
Net Profit Margin21.09%
Debt/Equity Ratio10.6%

How did 688556 perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

36%

Payout Ratio
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