Corporate Update: Beijing Easpring Material
Date: Friday, 23 September 2024Time of Market Close: 01:31 AM Central Europe (CET)
Beijing Easpring Material Technology Co. Ltd. (ticker 300073.SZ) concluded the trading session with a neutral performance, showing a 0 % change over the 24‑hour period ending at 01:31 AM CET. The share price remained steady at CNY 34.58 on the Shenzhen Stock Exchange, while the total number of shares available for trading was 573.4 million.
Market Position
- Market Capitalisation: CNY 20.1 billion
- 24‑Hour Volume: CNY 724.4 million worth of shares were traded, reflecting moderate liquidity in the current session.
- Recent Performance: Since the close of the previous month, the stock has declined by 8.93 %.
- Moving Average: The simple moving average (SMA) over the past 200 days sits at CNY 43.35, indicating that the current price is below the medium‑term trend.
- 52‑Week Range: The all‑time high reached CNY 73.90 on 30 October 2025, whereas the low was CNY 34.87 on 21 October 2026. This volatility suggests a cautious outlook for investors.
Peer Comparison
The following table summarises the performance of related stocks during the last 24 hours, providing context for Beijing Easpring Material’s position within its sector:
| Stock | Symbol | Daily Movement | Current Price | Market Cap | P/E Ratio |
|---|---|---|---|---|---|
| Haitian | 1882.HK | -2.45 % | HKD 16.84 | HKD 28 billion | 7.33 |
| Anhui Expressway –H | 0995.HK | -0.67 % | HKD 16.18 | HKD 28.1 billion | 12.47 |
| Dajin Heavy Industry Lt | 002487.SZ | 0 % | CNY 31.4 | CNY 24.1 billion | 18.7 |
| Anhui Yingliu Electromecha | 603308.SS | 0 % | CNY 32.48 | CNY 23.9 billion | 62.58 |
| Bank Of Qingdao –H | 3866.HK | +1.45 % | HKD 4.83 | HKD 28.1 billion | 4.53 |
Beijing Easpring Material’s share price sits roughly in the mid‑range of its peers, with a valuation that is neither markedly undervalued nor overvalued relative to its sector peers.
Company Overview
Beijing Easpring Material Technology Co. Ltd. is a Beijing‑based manufacturer specialising in energy materials. Since its founding in 2001, the company has focused on the research, development, production, and sale of cathode materials for lithium‑ion batteries, offering products such as NCM532, NCM622, and lithium cobalt oxide. The company went public on the Shenzhen Stock Exchange on 27 April 2010 and continues to serve both domestic and international markets.
The information presented is based on publicly available market data as of the closing time indicated above. Investors should conduct further analysis before making investment decisions.