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Dawei Technology (Guangdong) Group XSSC:600589 Stock Report

Last Price

CN¥7.00

Market Cap

CN¥10.3b

7D

5.4%

1Y

65.5%

Updated

28 Apr, 2025

Data

Company Financials

Dawei Technology (Guangdong) Group Co., Ltd.

XSSC:600589 Stock Report

Market Cap: CN¥10.3b

600589 Stock Overview

Through its subsidiaries, engages in the internet data center business in China. More details

600589 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends0/6

Risk Analysis

High level of non-cash earnings

Highly volatile share price over the past 3 months compared to the CN market

Profit margins (6%) are lower than last year (34.2%)


Dawei Technology (Guangdong) Group Co., Ltd. Competitors

UCloud Technology

SHSE:688158

CN¥9.6b

Beijing Topnew Info & Tech

SZSE:300895

CN¥6.3b

Capitalonline Data Service

SZSE:300846

CN¥9.2b

Beijing Advanced Digital Technology

SZSE:300541

CN¥5.6b

Price History & Performance

Summary of share price highs, lows and changes for Dawei Technology (Guangdong) Group
Historical stock prices
Current Share PriceCN¥7.00
52 Week HighCN¥9.83
52 Week LowCN¥2.07
Beta-0.29
1 Month Change-0.14%
3 Month Change100.00%
1 Year Change65.48%
3 Year Change278.38%
5 Year Change8.53%
Change since IPO14.57%

Recent News & Updates

Recent updates

Shareholder Returns

600589CN ITCN Market
7D5.4%0.04%1.1%
1Y65.5%34.9%7.4%

Return vs Industry: 600589 exceeded the CN IT industry which returned 34.9% over the past year.

Return vs Market: 600589 exceeded the CN Market which returned 7.4% over the past year.

Price Volatility

Is 600589's price volatile compared to industry and market?
600589 volatility
600589 Average Weekly Movement14.8%
IT Industry Average Movement9.3%
Market Average Movement7.1%
10% most volatile stocks in CN Market10.6%
10% least volatile stocks in CN Market4.3%

Stable Share Price: 600589's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 600589's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of CN stocks.

Community vs My Fair Value

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About the Company

FoundedEmployeesCEOWebsite
1997148Wei Zhangwww.gdrongtai.cn

Dawei Technology (Guangdong) Group Co., Ltd., through its subsidiaries, engages in the internet data center business in China. It offers server hosting, management, leasing, operation and maintenance, and network access services; and internet services, such as content delivery network acceleration, data synchronization, server procurement, and data center operation and maintenance. The company was formerly known as Guangdong Rongtai Industry Co.,Ltd and changed its name to Dawei Technology (Guangdong) Group Co., Ltd.

Dawei Technology (Guangdong) Group Co., Ltd. Fundamentals Summary

How do Dawei Technology (Guangdong) Group's earnings and revenue compare to its market cap?
600589 fundamental statistics
Market capCN¥10.35b
Earnings (TTM)CN¥24.68m
Revenue (TTM)CN¥409.73m

419.3x

P/E Ratio

25.3x

P/S Ratio

Is 600589 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600589 income statement (TTM)
RevenueCN¥409.73m
Cost of RevenueCN¥349.29m
Gross ProfitCN¥60.44m
Other ExpensesCN¥35.76m
EarningsCN¥24.68m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.017
Gross Margin14.75%
Net Profit Margin6.02%
Debt/Equity Ratio50.2%

How did 600589 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/28 03:11
End of Day Share Price 2025/04/28 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Dawei Technology (Guangdong) Group Co., Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Miao WangChina Merchants Securities Co. Ltd.
Zhi Yi KangHuatai Research