Shareate Tools Ltd. (688257.SS)

CNY 17.79

(5.7%)

Market Cap (In CNY)

3.17 Billion

Revenue (In CNY)

1.54 Billion

Net Income (In CNY)

162.98 Million

Avg. Volume

733.27 Thousand

Currency
CNY
Country
Industrials
Open
-
Prev. Close
-
Day Range
-
Year Range
12.292857-20.0
PE
-
EPS
-
Beta Value
1.044
ISIN
CNE100004ZR8
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Industrials
Industry
Manufacturing - Tools & Accessories
CEO
Mr. Hehong Wu
Employee Count
-
Website
https://en.shareate.com
Ipo Date
2021-10-27
Details
Shareate Tools Ltd. manufactures and sells cemented carbide products and drilling tools in China. The company offers rock drill tools, including rotary tricone bits, tri-cone drill bits, water well bits, down-the-hole (DTH) hammers, and DTH hammer bits; mining tungsten carbide products, including tungsten carbide insert, carbide substrate, shield machine tool, coal cutter pick, and tungsten carbide tubular electrode; precision components; cutting tools; tungsten carbide die products, such as carbide plates, cold headings, hobs, and powder metallurgy dies; and cermet products. It serves mining, oil drilling, metal cutting, petroleum, aerospace, electronics, shipbuilding, chemical, textile, machinery manufacturing, and other industries. The company exports its products to South America, Africa, Australia, Russia, South Korea, the United States, Canada, and other countries. The company was formerly known as Kingdream Shareate Tools Ltd. and changed its name to Shareate Tools Ltd. in May 2012. Shareate Tools Ltd. was founded in 1973 and is based in Suzhou, China.