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ST Zhongli Closes Down 1.48% with Latest P/B Ratio of -8.19 and Market Cap of 8.03 Billion Yuan

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*ST Zhongli closed down by 1.48% today, with the latest price-to-book ratio at -8.19 and a total market value of 8.03 billion yuan.

On March 21, *ST Zhongli’s stock closed at 2.67 yuan, reflecting a decline of 1.48%. The net outflow of main capital amounted to 3.24 million yuan on the same day, although the overall trend over the past five days showed a net inflow of 3.21 million yuan.

Jiangsu Zhongli Group Co., Ltd. primarily engages in the production of special cables and new energy photovoltaic components. Its main products include flame-retardant and fire-resistant flexible cables, copper conductors, cable materials, photovoltaic cells and modules, distributed photovoltaic power stations, centralized photovoltaic power stations, and operation and maintenance of power plants. The company is recognized as one of the leading manufacturers of special cables in China, focusing on research and development as well as production. It has participated in drafting multiple national and industry standards for the wire and cable sector. The company has several subsidiaries that are state-level high-tech enterprises specializing in the production of special cables.

The latest quarterly report for 2024 indicates that the company achieved an operating revenue of 2.477 billion yuan, a year-on-year decrease of 28.88%. The net profit was -454,010,793.24 yuan, representing a year-on-year decline of 52.65%, with a gross profit margin of 16.58%.

Here are some key financial metrics:

Stock Name PE (TTM) PE (Static) Price-to-Book Ratio Total Market Value (Yuan)
*ST Zhongli -4.86 -5.37 -8.19 8.03 billion
Industry Average 26.83 25.02 2.83 174.63 billion
Industry Median 25.07 24.12 2.20 80.30 billion
Tuor Energy -836.01 216.46 1.19 5.02 billion
JA Solar Technology -202.34 46.03 1.36 42.43 billion
ST Tianlong -179.97 -124.29 65.32 1.067 billion
Goodwe -176.53 -176.53 3.86 11.147 billion
Aerospace Electromechanical -147.93 -147.93 2.17 10.527 billion
Kaisheng New Energy -138.92 17.75 1.60 7.006 billion
Gaomai Technology -127.43 -127.43 1.61 6.157 billion
Yamathon -111.48 36.95 0.99 3.085 billion
Saifu Technology -60.38 44.97 1.62 4.659 billion
Mingguan New Materials -41.87 -41.87 1.03 2.867 billion
Jiawei New Energy -40.45 200.31 1.76 3.188 billion