8623 Stock Overview
An investment holding company, engages in the manufacture and supply of wires and cables, and aluminium products in the People’s Republic of China. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
China Saftower International Holding Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.12 |
| 52 Week High | HK$0.62 |
| 52 Week Low | HK$0.11 |
| Beta | -0.35 |
| 1 Month Change | -2.50% |
| 3 Month Change | -7.14% |
| 1 Year Change | -68.38% |
| 3 Year Change | -84.81% |
| 5 Year Change | n/a |
| Change since IPO | -94.61% |
Recent News & Updates
Recent updates
What China Saftower International Holding Group Limited's (HKG:8623) 46% Share Price Gain Is Not Telling You
May 23
Is China Saftower International Holding Group (HKG:8623) Using Debt In A Risky Way?
Apr 12Subdued Growth No Barrier To China Saftower International Holding Group Limited (HKG:8623) With Shares Advancing 60%
Aug 30Some Investors May Be Worried About China Saftower International Holding Group's (HKG:8623) Returns On Capital
Sep 07Shareholder Returns
| 8623 | HK Electrical | HK Market | |
|---|---|---|---|
| 7D | 0% | -5.3% | -2.2% |
| 1Y | -68.4% | 26.2% | 18.3% |
Return vs Industry: 8623 underperformed the Hong Kong Electrical industry which returned 29.8% over the past year.
Return vs Market: 8623 underperformed the Hong Kong Market which returned 19.2% over the past year.
Price Volatility
| 8623 volatility | |
|---|---|
| 8623 Average Weekly Movement | 6.3% |
| Electrical Industry Average Movement | 10.3% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in HK Market | 18.7% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 8623 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 8623's weekly volatility has decreased from 13% to 6% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 119 | Fei Dang | www.saftower.cn |
China Saftower International Holding Group Limited, an investment holding company, engages in the manufacture and supply of wires and cables, and aluminium products in the People’s Republic of China. It offers copper and aluminium wires and cables; aluminium rods and bare copper wires; and aluminium cast-rolled coils and plates. The company also trades in aluminium products.
China Saftower International Holding Group Limited Fundamentals Summary
| 8623 fundamental statistics | |
|---|---|
| Market cap | HK$12.92m |
| Earnings (TTM) | -HK$65.23m |
| Revenue (TTM) | HK$215.99m |
0.1x
P/S Ratio-0.2x
P/E RatioIs 8623 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 8623 income statement (TTM) | |
|---|---|
| Revenue | CN¥202.82m |
| Cost of Revenue | CN¥201.59m |
| Gross Profit | CN¥1.23m |
| Other Expenses | CN¥62.49m |
| Earnings | -CN¥61.26m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.55 |
| Gross Margin | 0.61% |
| Net Profit Margin | -30.20% |
| Debt/Equity Ratio | 165.7% |
How did 8623 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 14:18 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
China Saftower International Holding Group Limited is covered by 0 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.
| Analyst | Institution |
|---|