` 688556 (Qingdao Gaoce Technology Co Ltd) vs Shanghai Composite Comparison - Alpha Spread

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688556
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Shanghai Composite

Over the past 12 months, Qingdao Gaoce Technology Co Ltd has significantly outperformed Shanghai Composite, delivering a return of +94% compared to the Shanghai Composite's +25% growth.

Stocks Performance
688556 vs Shanghai Composite

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Performance Gap
688556 vs Shanghai Composite

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Performance By Year
688556 vs Shanghai Composite

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Competitors Performance
Qingdao Gaoce Technology Co Ltd vs Peers

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688556
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Qingdao Gaoce Technology Co Ltd
Glance View

Market Cap
11.8B CNY
Industry
Semiconductors

Qingdao Gaoce Technology Co., Ltd. engages in research and development, production and sales of high-hard and brittle material cutting equipment and cutting consumables. The company is headquartered in Qingdao, Shandong and currently employs 1,979 full-time employees. The company went IPO on 2020-08-07. The Company’s main products are divided into three categories: cutting equipment for hard and brittle materials, cutting tools for hard and brittle materials and tire testing equipment and consumables, including single silicon cutting machine, multi-silicon squarers, grinding polishing and chamfering machine, diamond wire slicer, diamond wire, tire section cutting machine, tire high-speed & endurance performance testing equipment, tire strength off-ring testing machine, tire water pressure blasting test machine, tire rolling resistance testing machine, tire section cutting wire and others. Its products are used in the cutting of silicon materials in the photovoltaic industry and tire product inspection. The firm operates its businesses within the domestic market and to overseas markets.

Intrinsic Value
8.77 CNY
Overvaluation 38%
Intrinsic Value
Price
Q
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