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About
Hengdian Group DMEGC Magnetics Co., Ltd, founded in 1980 and headquartered in Dongyang, China, operates as a global producer and vendor of magnetic materials. The company's core business involves the manufacturing and distribution of hard ferrite magnets and ferrite cores, with its market presence spanning China, the European Union, the United States, Japan, South America, Southeast Asia, and other international regions. Its comprehensive product line includes a variety of magnet types. For instance, its ferrite magnet offerings consist of ring, segment, microwave oven, square, and isotropic magnets. The ferrite core range features Mn-Zn ferrite power, Ni-Zn ferrite, Mn-Zn high permeability ferrite, iron powder, and magnetic powder cores. Additionally, the company provides NdFeB magnets, available as bonded square, segment, and ring configurations. Beyond magnets, DMEGC also supplies motor housing and assembly components, such as seamless steel tube cutting, rolling steel, and deep-drawn motor housings. It produces sintered powder for hard ferrite magnets and bonded powder for hard ferrite applications. The company is active in the renewable energy sector, offering solar cells and modules, and manufactures alkaline Zn-Mn dry batteries. Furthermore, its portfolio extends to purifying household appliances like water and air purifiers. It also produces an array of hard alloy products, including tungsten powder, carbonized tungsten powder, mold and anisotropic hard alloys, mining tools, as well as anvil and compound sheet products. The company is a key provider of cells for electric vehicles (EV/EB) and power tools, alongside complete battery packs for electric vehicles, smaller automotive systems, and power tool applications. In terms of advanced materials, DMEGC offers flexible copper clad laminates, encompassing polyimide FCCL and polyimide cladding. It also deals in rare earth materials, such as fluorescent-grade europium, terbium, dysprosium, lanthanum, praseodymium-neodymium, and other oxide compounds. Diversifying its business interests, Hengdian Group DMEGC Magnetics Co., Ltd invests in, develops, constructs, and manages solar grid-connected and building-integrated photovoltaic (BIPV) initiatives. The company also operates a hotel within the tourism sector and engages in various international trade activities. These products and services primarily serve the electronic appliance, automotive, and communication industries, among others.
What is Hengdian Group DMEGC Magnetics. stock price today?▼
The current price of 002056.SZ is ¥19.72 CNY — it has decreased by -2.23% in the past 24 hours. Watch Hengdian Group DMEGC Magnetics. stock price performance more closely on the chart.
What is Hengdian Group DMEGC Magnetics. stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on Shenzhen Stock Exchange exchange Hengdian Group DMEGC Magnetics. stocks are traded under the ticker 002056.SZ.
Is Hengdian Group DMEGC Magnetics. stock price growing?▼
002056.SZ stock has fallen by -7.42% compared to the previous week, the month change is a -9.04% fall, over the last year Hengdian Group DMEGC Magnetics. has showed a +6.02% increase.
What is Hengdian Group DMEGC Magnetics. market cap?▼
Today Hengdian Group DMEGC Magnetics. has the market capitalization of 32.08B
When is the next Hengdian Group DMEGC Magnetics. earnings date?▼
Hengdian Group DMEGC Magnetics. is going to release the next earnings report on October 28, 2026.
What were Hengdian Group DMEGC Magnetics. earnings last quarter?▼
002056.SZ earnings for the last quarter are 0.24 CNY per share, whereas the estimation was N/A CNY resulting in a N/A surprise. The estimated earnings for the next quarter are N/A CNY per share.
What is Hengdian Group DMEGC Magnetics. revenue for the last year?▼
Hengdian Group DMEGC Magnetics. revenue for the last year amounts to 36.37B CNY.
What is Hengdian Group DMEGC Magnetics. net income for the last year?▼
002056.SZ net income for the last year is -1.22M CNY.
Does Hengdian Group DMEGC Magnetics. pay dividends?▼
Yes, 002056.SZ dividends are paid annual. The last dividend per share was 0.38 CNY. As of today, Dividend Yield (FWD)% is 1.93%.
How many employees does Hengdian Group DMEGC Magnetics. have?▼
As of September 06, 2026, the company has 19,159 employees.
In which sector is Hengdian Group DMEGC Magnetics. located?▼
Hengdian Group DMEGC Magnetics. operates in the Energy sector.
When did Hengdian Group DMEGC Magnetics. complete a stock split?▼
The last stock split for Hengdian Group DMEGC Magnetics. was on April 26, 2017 with a ratio of 1:1.
Where is Hengdian Group DMEGC Magnetics. headquartered?▼
Hengdian Group DMEGC Magnetics. is headquartered in Dongyang, China.