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Pingtan Marine Enterprise NasdaqCM:PME Stock Report

Last Price

US$0.27

Market Cap

US$23.2m

7D

-10.0%

1Y

-54.2%

Updated

02 Mar, 2023

Data

Company Financials

Pingtan Marine Enterprise Ltd.

NasdaqCM:PME Stock Report

Market Cap: US$23.2m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

PME Stock Overview

Pingtan Marine Enterprise Ltd., together with its subsidiaries, engages in the ocean fishing business. More details

PME fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Pingtan Marine Enterprise Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Pingtan Marine Enterprise
Historical stock prices
Current Share PriceUS$0.27
52 Week HighUS$1.12
52 Week LowUS$0.0001
Beta-0.74
1 Month Change-19.31%
3 Month Change-55.09%
1 Year Change-54.24%
3 Year Change-79.85%
5 Year Change-91.48%
Change since IPO-97.32%

Recent News & Updates

Recent updates

Pingtan Marine climbs 18% premarket on regaining compliance with Nasdaq minimum bid price requirement

Jul 05

Pingtan Marine Enterprise gets another noncompliance notice

May 28

Pingtan Marine rallies on reporting 100% increase in revenue guidance for FY 2021

Jan 14

Pingtan Marine Enterprise prices registered direct offering for $4M

Jan 08

Should You Use Pingtan Marine Enterprise's (NASDAQ:PME) Statutory Earnings To Analyse It?

Dec 18
Should You Use Pingtan Marine Enterprise's (NASDAQ:PME) Statutory Earnings To Analyse It?

How Much Did Pingtan Marine Enterprise's(NASDAQ:PME) Shareholders Earn From Share Price Movements Over The Last Three Years?

Nov 30
How Much Did Pingtan Marine Enterprise's(NASDAQ:PME) Shareholders Earn From Share Price Movements Over The Last Three Years?

Pingtan Marine reports Q3 results

Nov 09

Shareholder Returns

PMEUS FoodUS Market
7D-10.0%0.7%2.8%
1Y-54.2%-6.0%24.6%

Return vs Industry: PME underperformed the US Food industry which returned -4% over the past year.

Return vs Market: PME underperformed the US Market which returned -10.9% over the past year.

Price Volatility

Is PME's price volatile compared to industry and market?
PME volatility
PME Average Weekly Movementn/a
Food Industry Average Movement5.1%
Market Average Movement6.3%
10% most volatile stocks in US Market17.4%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: Insufficient data to determine PME's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a2,356Xinrong Zhuowww.ptmarine.com

Pingtan Marine Enterprise Ltd., together with its subsidiaries, engages in the ocean fishing business. The company catches a range of fish species, such as red fish, ribbon fish, sea catfish, seabream, shrimp, silver pomfret and seaperch, slender shad, sole fish, Spanish mackerel, and threadfin. As of December 31, 2021, it owned 51 squid jigging vessels, 26 trawlers, 25 seine vessels, 13 drifters, four longline fishing vessels, and 3 transport vessels, as well as had operating license rights to 20 drifters.

Pingtan Marine Enterprise Ltd. Fundamentals Summary

How do Pingtan Marine Enterprise's earnings and revenue compare to its market cap?
PME fundamental statistics
Market capUS$23.20m
Earnings (TTM)US$1.23m
Revenue (TTM)US$171.13m

18.8x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PME income statement (TTM)
RevenueUS$171.13m
Cost of RevenueUS$169.05m
Gross ProfitUS$2.09m
Other ExpensesUS$856.18k
EarningsUS$1.23m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.014
Gross Margin1.22%
Net Profit Margin0.72%
Debt/Equity Ratio451.0%

How did PME perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/03/02 18:42
End of Day Share Price 2023/02/28 00:00
Earnings2022/06/30
Annual Earnings2021/12/31

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 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

Pingtan Marine Enterprise Ltd. is covered by 2 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yi ChenAegis Capital Corporation
Li WuTianfeng Securities Brokerage Co., Ltd