688355.SS
Price:
$18.19
Market Cap:
$2.24B
Suzhou Mingzhi Technology Co., Ltd. designs, develops, and produces core shop products and aluminum castings in the People's Republic of China. The company offers core shop products, such as core shooters; gassing units; sand preparation systems; permanent molds, semi permanents molds, fixtures, and core boxes; and in line, core centers, and inorganic process core production solutions. It also provides aluminum casting parts for commercial and passenger vehicles, heat exchangers, and locomotive and valve parts, as well as offers core and casting development services. The company was founded in 2003 and is headquartered in Suzhou, the People's Republic of China.
Industry
Manufacturing - Metal Fabrication
IPO Date
2021-05-12
Stock Exchange
SHH
Ticker
688355.SS
According to Suzhou Mingzhi Technology Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 5.31%. This represents a change of 299.50% compared to the average of 1.33% of the last 4 quarters.
The mean historical ROE of Suzhou Mingzhi Technology Co., Ltd. over the last ten years is 12.87%. The current 5.31% ROE has changed -58.72% with respect to the historical average. Over the past ten years (40 quarters), 688355.SS's ROE was at its highest in in the December 2019 quarter at 12.10%. The ROE was at its lowest in in the September 2023 quarter at -0.95%.
Average
12.87%
Median
10.89%
Minimum
1.38%
Maximum
25.92%
Discovering the peaks and valleys of Suzhou Mingzhi Technology Co., Ltd. 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 = 339.55%
Maximum Annual ROE = 25.92%
Minimum Annual Increase = -69.88%
Minimum Annual ROE = 1.38%
| Year | ROE | Change |
|---|---|---|
| 2024 | 6.08% | 339.55% |
| 2023 | 1.38% | -60.00% |
| 2022 | 3.46% | -69.88% |
| 2021 | 11.49% | -55.68% |
| 2020 | 25.92% | 17.26% |
| 2019 | 22.10% | 114.72% |
| 2018 | 10.29% | -53.63% |
The current ROE of Suzhou Mingzhi Technology Co., Ltd. (688355.SS) 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
3.64%
5-year avg
9.67%
10-year avg
12.87%
Suzhou Mingzhi Technology Co., Ltd.’s ROE is less than Jiangsu Hongde Special Parts Co.,Ltd. (3.21%), greater than Guangzheng Eye Hospital Group Co., Ltd. (-132.19%), greater than Fengxing Co., Ltd. (-7.10%), greater than Shandong Liancheng Precision Manufacturing Co., Ltd (-2.12%), less than Xiangyang BOYA Precision Industrial Equipments Co., Ltd (7.21%), less than Shandong Swan CottonIndustrial Machinery Stock Co.,Ltd. (8.96%), less than Xinjiang Hejin Holding Co.,Ltd (8.16%), less than Ningbo United Group Co.,Ltd. (2.76%), less than Meter Instruments Co., Ltd. (7.01%), less than Xuchang KETOP Testing Research Institute Co.,Ltd (8.15%),
| Company | ROE | Market cap |
|---|---|---|
| 3.21% | $2.32B | |
| -132.19% | $2.38B | |
| -7.10% | $2.47B | |
| -2.12% | $2.37B | |
| 7.21% | $2.88B | |
| 8.96% | $2.30B | |
| 8.16% | $3.43B | |
| 2.76% | $2.41B | |
| 7.01% | $2.43B | |
| 8.15% | $2.44B |
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