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Tongling Jingda Special Magnet Wire SHSE:600577 Stock Report

Last Price

CN¥4.64

Market Cap

CN¥9.6b

7D

2.0%

1Y

6.4%

Updated

24 Apr, 2024

Data

Company Financials +

Tongling Jingda Special Magnet Wire Co., Ltd.

SHSE:600577 Stock Report

Market Cap: CN¥9.6b

Tongling Jingda Special Magnet Wire Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tongling Jingda Special Magnet Wire
Historical stock prices
Current Share PriceCN¥4.64
52 Week HighCN¥5.54
52 Week LowCN¥3.03
Beta0.49
1 Month Change-7.94%
3 Month Change20.21%
1 Year Change6.42%
3 Year Change24.73%
5 Year Change31.44%
Change since IPO133.41%

Recent News & Updates

These 4 Measures Indicate That Tongling Jingda Special Magnet Wire (SHSE:600577) Is Using Debt Reasonably Well

Apr 07
These 4 Measures Indicate That Tongling Jingda Special Magnet Wire (SHSE:600577) Is Using Debt Reasonably Well

Recent updates

These 4 Measures Indicate That Tongling Jingda Special Magnet Wire (SHSE:600577) Is Using Debt Reasonably Well

Apr 07
These 4 Measures Indicate That Tongling Jingda Special Magnet Wire (SHSE:600577) Is Using Debt Reasonably Well

Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Low P/E No Reason For Excitement

Mar 14
Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Low P/E No Reason For Excitement

Shareholder Returns

600577CN ElectricalCN Market
7D2.0%0.4%1.6%
1Y6.4%-15.8%-15.1%

Return vs Industry: 600577 exceeded the CN Electrical industry which returned -15.8% over the past year.

Return vs Market: 600577 exceeded the CN Market which returned -15.1% over the past year.

Price Volatility

Is 600577's price volatile compared to industry and market?
600577 volatility
600577 Average Weekly Movement8.5%
Electrical Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 600577's share price has been volatile over the past 3 months.

Volatility Over Time: 600577's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19903,557n/awww.jingda.cn

Tongling Jingda Special Magnet Wire Co., Ltd. manufactures and sells special magnet wires in China. The company provides round polyimide, polyamide-imide, self-lubricated multi-layer composite, solderable polyester, and polyvinyl formal (PVF) enameled copper wires; round enameled copper wires for DC inverter compressors; round multi-layer composite enameled copper wires for compressor of HFC air-conditioners; and round composite enameled copper wires for R134a compressors.

Tongling Jingda Special Magnet Wire Co., Ltd. Fundamentals Summary

How do Tongling Jingda Special Magnet Wire's earnings and revenue compare to its market cap?
600577 fundamental statistics
Market capCN¥9.65b
Earnings (TTM)CN¥426.45m
Revenue (TTM)CN¥17.91b

22.6x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600577 income statement (TTM)
RevenueCN¥17.91b
Cost of RevenueCN¥16.82b
Gross ProfitCN¥1.09b
Other ExpensesCN¥662.82m
EarningsCN¥426.45m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)0.21
Gross Margin6.08%
Net Profit Margin2.38%
Debt/Equity Ratio62.0%

How did 600577 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

62%

Payout Ratio

Does 600577 pay a reliable dividends?

See 600577 dividend history and benchmarks
When do you need to buy 600577 by to receive an upcoming dividend?
Tongling Jingda Special Magnet Wire dividend dates
Ex Dividend DateApr 26 2024
Dividend Pay DateApr 26 2024
Days until Ex dividend1 day
Days until Dividend pay date1 day

Does 600577 pay a reliable dividends?

See 600577 dividend history and benchmarks
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