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Qingdao Gaoce Technology XSSC:688556 Stock Report

Last Price

CN¥29.61

Market Cap

CN¥10.0b

7D

1.1%

1Y

-39.6%

Updated

17 Apr, 2024

Data

Company Financials +

Qingdao Gaoce Technology Co., Ltd

XSSC:688556 Stock Report

Market Cap: CN¥10.0b

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¥29.61
52 Week HighCN¥55.00
52 Week LowCN¥23.30
Beta0.25
1 Month Change-8.84%
3 Month Change-16.83%
1 Year Change-39.57%
3 Year Changen/a
5 Year Changen/a
Change since IPO-43.64%

Recent News & Updates

Recent updates

Shareholder Returns

688556CN SemiconductorCN Market
7D1.1%0.2%-0.2%
1Y-39.6%-39.4%-17.8%

Return vs Industry: 688556 exceeded the CN Semiconductor industry which returned -41.9% over the past year.

Return vs Market: 688556 underperformed the CN Market which returned -21.1% over the past year.

Price Volatility

Is 688556's price volatile compared to industry and market?
688556 volatility
688556 Average Weekly Movement7.5%
Semiconductor Industry Average Movement8.9%
Market Average Movement8.9%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.4%

Stable Share Price: 688556 has not had significant price volatility in the past 3 months.

Volatility Over Time: 688556's weekly volatility (8%) 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¥10.04b
Earnings (TTM)CN¥1.46b
Revenue (TTM)CN¥6.18b

6.9x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688556 income statement (TTM)
RevenueCN¥6.18b
Cost of RevenueCN¥3.59b
Gross ProfitCN¥2.59b
Other ExpensesCN¥1.13b
EarningsCN¥1.46b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 24, 2024

Earnings per share (EPS)4.31
Gross Margin41.90%
Net Profit Margin23.63%
Debt/Equity Ratio11.0%

How did 688556 perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

33%

Payout Ratio
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