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Zhejiang Sling Automobile Bearing SZSE:301550 Stock Report

Last Price

CN¥78.34

Market Cap

CN¥8.6b

7D

3.1%

1Y

68.5%

Updated

20 Dec, 2024

Data

Company Financials +

Zhejiang Sling Automobile Bearing Co., Ltd.

SZSE:301550 Stock Report

Market Cap: CN¥8.6b

My Notes

Capture your thoughts, links and company narrative

Zhejiang Sling Automobile Bearing Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Sling Automobile Bearing
Historical stock prices
Current Share PriceCN¥78.34
52 Week HighCN¥92.00
52 Week LowCN¥24.44
Beta0
1 Month Change20.02%
3 Month Change120.68%
1 Year Change68.47%
3 Year Changen/a
5 Year Changen/a
Change since IPO42.23%

Recent News & Updates

Earnings Not Telling The Story For Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) After Shares Rise 30%

Nov 15
Earnings Not Telling The Story For Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) After Shares Rise 30%

Recent updates

Earnings Not Telling The Story For Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) After Shares Rise 30%

Nov 15
Earnings Not Telling The Story For Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) After Shares Rise 30%

An Intrinsic Calculation For Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) Suggests It's 21% Undervalued

Sep 27
An Intrinsic Calculation For Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) Suggests It's 21% Undervalued

Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Mar 18
Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Shareholder Returns

301550CN Auto ComponentsCN Market
7D3.1%-1.9%-1.2%
1Y68.5%11.9%11.8%

Return vs Industry: 301550 exceeded the CN Auto Components industry which returned 10.5% over the past year.

Return vs Market: 301550 exceeded the CN Market which returned 10.9% over the past year.

Price Volatility

Is 301550's price volatile compared to industry and market?
301550 volatility
301550 Average Weekly Movement13.8%
Auto Components Industry Average Movement8.3%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 301550's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 301550's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20041,143Ling Jiangwww.slingbearings.com

Zhejiang Sling Automobile Bearing Co., Ltd. engages in the research and development, manufacture, and sale of automotive bearings in China. The company’s products portfolio includes brake systems, such as wheel hub bearing, hub bearing, heavy truck bearing, and wheel bearing kits; and drive systems comprising single-row tapered roller, drive motor, and clutch release bearings.

Zhejiang Sling Automobile Bearing Co., Ltd. Fundamentals Summary

How do Zhejiang Sling Automobile Bearing's earnings and revenue compare to its market cap?
301550 fundamental statistics
Market capCN¥8.62b
Earnings (TTM)CN¥179.79m
Revenue (TTM)CN¥764.93m

47.9x

P/E Ratio

11.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301550 income statement (TTM)
RevenueCN¥764.93m
Cost of RevenueCN¥521.63m
Gross ProfitCN¥243.31m
Other ExpensesCN¥63.52m
EarningsCN¥179.79m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.63
Gross Margin31.81%
Net Profit Margin23.50%
Debt/Equity Ratio0%

How did 301550 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

31%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 11:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zhejiang Sling Automobile Bearing Co., Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xiaoya SunTianfeng Securities Brokerage Co., Ltd
Sheng FengZhongtai Securities Co. Ltd.