Corporate News – Chengdu Galaxy Magnets (300127.SZ)
Chengdu Galaxy Magnets Co. Ltd. (Shenzhen Stock Exchange: 300127.SZ) closed the trading session on Thursday, 22 October 2026 at 08:26 PM Central European Time with a flat change of 0 %. The last traded price is CNY 21.85.
| Item | Value |
|---|---|
| Current market capitalisation | CNY 7.4 bn |
| Outstanding shares | 323.8 million |
| 24‑hour trading volume | CNY 42.2 mn |
| 24‑hour price change | 0 % |
| 24‑hour trading day‑end price | CNY 21.85 |
| Simple moving average (200 days) | CNY 25.46 |
| 52‑week high | CNY 42.00 (29 January 2026) |
| 52‑week low | CNY 21.42 (21 July 2026) |
| Price‑to‑earnings ratio | Not disclosed |
| Net change since last month‑end | -7.45 % |
Latest Financial Update
Chengdu Galaxy Magnets reported its third‑quarter results for 2026.
- Revenue increased, driven by higher sales volumes and adjusted prices.
- Net profit declined slightly, resulting in a modest drop in earnings per share.
- Cumulative earnings for the first three quarters rose, with profit growth outpacing revenue growth.
- Cash generated from operating activities increased. Management indicated that the quarterly profit dip is a temporary fluctuation and that overall profitability is improving relative to the same period last year.
Peer Performance (24 Hours)
| Stock | 24‑hour change | Current price | Market capitalisation | P/E ratio |
|---|---|---|---|---|
| Guizhou Qianyuan Power (002039.SZ) | 0 % | CNY 19.69 | CNY 8.8 bn | 12.32 |
| Hicon Network (301262.SZ) | 0 % | CNY 19.74 | CNY 8.8 bn | 24.75 |
| Cq Pharmaceutical (000950.SZ) | 0 % | CNY 5.11 | CNY 8.8 bn | 24.78 |
| Guangdong Cellwise Microel (688325.SS) | 0 % | CNY 103.41 | CNY 8.8 bn | 105.04 |
| Jilin Sino‑microelectronic (600360.SS) | 0 % | CNY 9.26 | CNY 8.8 bn | 48.42 |
Company Overview
Chengdu Galaxy Magnets Co. Ltd. was founded in 1993 and is headquartered in Chengdu, China. The company designs, manufactures, and sells magnets worldwide, targeting markets in China, Japan, Korea, Europe, the United States, and Taiwan. Its product portfolio includes bonded NdFeB magnets for spindle, stepping, synchronous, DC, and brushless motors; rotor assemblies; HDD magnets; samarium‑cobalt magnets for aerospace and automotive applications; isotropic and anisotropic NdFeB magnets; and magnetizing coils and magnetic circuit solutions. The company is listed on the Shenzhen Stock Exchange; its IPO was dated 13 October 2010. The official website is www.galaxymagnets.com .