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Sinomag Technology Co LtdSHE 300835 Stock Report

Last reporting period 30 Sep, 2023

Updated 13 Nov, 2024

Last price

Market cap $B

0.29

Micro

Exchange

XSHE - Shenzhen Stock Exchange

300835.SZ Stock Analysis

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Avoid

Based on Eyestock quantitative analysis, 300835.SZ`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

4/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-20.5 %

Greatly overvalued

Market cap $B

0.29

Dividend yield

0.82 %

Shares outstanding

119.12 B

Sinomag Technology Co., Ltd. engages in the research, development, production, and sale of new functional materials for permanent ferrite and soft magnetic products. The company is headquartered in Hefei, Anhui and currently employs 1,888 full-time employees. The company went IPO on 2020-05-25. Its main products are wet-pressed magnetic tiles, commutators and other products, which are mainly used in the automotive, motorcycle and frequency conversion home appliance industries. The firm also provides outsourced processing products such as plastic magnets, rubber magnets, magnetic tiles and magnetic rings. The firm distributes its products in domestic and to overseas markets.

View Section: Eyestock Rating