2909 Stock Overview
Engages in the provision of rail freight transportation and ancillary services in the People’s Republic of China.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Canggang Railway Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$2.00 |
| 52 Week High | HK$2.15 |
| 52 Week Low | HK$1.71 |
| Beta | 0.44 |
| 1 Month Change | 5.26% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -0.99% |
Recent News & Updates
Recent updates
Shareholder Returns
| 2909 | HK Transportation | HK Market | |
|---|---|---|---|
| 7D | 0% | -2.4% | -1.4% |
| 1Y | n/a | -21.5% | 3.7% |
Return vs Industry: Insufficient data to determine how 2909 performed against the Hong Kong Transportation industry.
Return vs Market: Insufficient data to determine how 2909 performed against the Hong Kong Market.
Price Volatility
| 2909 volatility | |
|---|---|
| 2909 Average Weekly Movement | n/a |
| Transportation Industry Average Movement | 5.7% |
| Market Average Movement | 7.5% |
| 10% most volatile stocks in HK Market | 15.7% |
| 10% least volatile stocks in HK Market | 3.7% |
Stable Share Price: 2909 has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine 2909's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 750 | Weiming Yi | www.czcgtl.com |
Canggang Railway Limited engages in the provision of rail freight transportation and ancillary services in China. It also offers ancillary services comprising loading and unloading, and road freight transportation. In addition, the company provides construction, maintenance, and repair services.
Canggang Railway Limited Fundamentals Summary
| 2909 fundamental statistics | |
|---|---|
| Market cap | HK$5.86b |
| Earnings (TTM) | HK$80.03m |
| Revenue (TTM) | HK$386.92m |
71.3x
P/E Ratio14.7x
P/S RatioIs 2909 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2909 income statement (TTM) | |
|---|---|
| Revenue | CN¥355.70m |
| Cost of Revenue | CN¥186.61m |
| Gross Profit | CN¥169.09m |
| Other Expenses | CN¥95.52m |
| Earnings | CN¥73.57m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.019 |
| Gross Margin | 47.54% |
| Net Profit Margin | 20.68% |
| Debt/Equity Ratio | 64.1% |
How did 2909 perform over the long term?
See historical performance and comparison