000408.SZ
Price:
$79.8
Market Cap:
$125.16B
Zangge Mining Company Limited produces and sells potassium chloride under the Blue Sky brand in China. It also produces industrial salt, magnesium chloride, and battery-grade lithium carbonate. The company was formerly known as Zangge Holding Company Limited and changed its name to Zangge Mining Company Limited in December 2021. Zangge Mining Company Limited was founded in 1996 and is based in Golmud, China.
Industry
Agricultural Inputs
IPO Date
1996-06-28
Stock Exchange
SHZ
Ticker
000408.SZ
According to Zangge Mining Company Limited’s latest financial reports and current stock price. The company's current ROE is 23.41%. This represents a change of 302.11% compared to the average of 5.82% of the last 4 quarters.
The mean historical ROE of Zangge Mining Company Limited over the last ten years is 146.45%. The current 23.41% ROE has changed -84.01% with respect to the historical average. Over the past ten years (40 quarters), 000408.SZ's ROE was at its highest in in the December 2015 quarter at 626.34%. The ROE was at its lowest in in the March 2020 quarter at -3.52%.
Average
146.45%
Median
16.94%
Minimum
2.89%
Maximum
1.31%
Discovering the peaks and valleys of Zangge Mining Company Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 422.24%
Maximum Annual ROE = 1.31%
Minimum Annual Increase = -98.83%
Minimum Annual ROE = 2.89%
| Year | ROE | Change |
|---|---|---|
| 2024 | 18.61% | -28.95% |
| 2023 | 26.19% | -43.85% |
| 2022 | 46.64% | 208.94% |
| 2021 | 15.10% | 422.24% |
| 2020 | 2.89% | -25.85% |
| 2019 | 3.90% | -65.90% |
| 2018 | 11.43% | -38.47% |
| 2017 | 18.58% | 21.43% |
| 2016 | 15.30% | -98.83% |
| 2015 | 1.31% | 106.73% |
The current ROE of Zangge Mining Company Limited (000408.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
30.48%
5-year avg
21.89%
10-year avg
146.45%
Zangge Mining Company Limited’s ROE is less than Zhejiang Juhua Co., Ltd. (20.77%), less than Yunnan Aluminium Co., Ltd. (16.55%), greater than Tianqi Lithium Corporation (-4.82%), less than Qinghai Salt Lake Industry Co.,Ltd (15.61%), less than Zhongjin Gold Corp.,Ltd (15.61%), less than Shandong Hualu-Hengsheng Chemical Co., Ltd. (10.13%), less than Zhejiang Huayou Cobalt Co., Ltd (13.20%), less than Yunnan Yuntianhua Co., Ltd. (24.29%), less than Citic Pacific Special Steel Group Co., Ltd. (13.48%), less than Asia-potash International Investment (Guangzhou)Co.,Ltd. (14.42%),
| Company | ROE | Market cap |
|---|---|---|
| 20.77% | $98.54B | |
| 16.55% | $101.37B | |
| -4.82% | $86.63B | |
| 15.61% | $143.03B | |
| 15.61% | $110.86B | |
| 10.13% | $63.30B | |
| 13.20% | $106.61B | |
| 24.29% | $54.42B | |
| 13.48% | $79.04B | |
| 14.42% | $42.84B |
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