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Tongling Jingda Special Magnet Wire SHSE:600577 Stock Report

Last Price

CN¥4.40

Market Cap

CN¥8.7b

7D

9.5%

1Y

7.8%

Updated

24 Sep, 2024

Data

Company Financials +

Tongling Jingda Special Magnet Wire Co., Ltd.

SHSE:600577 Stock Report

Market Cap: CN¥8.7b

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¥4.40
52 Week HighCN¥5.54
52 Week LowCN¥3.03
Beta0.46
11 Month Change-9.09%
3 Month Change10.00%
1 Year Change7.84%
33 Year Change-36.14%
5 Year Change67.30%
Change since IPO121.33%

Recent News & Updates

Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Price Is Right But Growth Is Lacking After Shares Rocket 32%

Aug 16
Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Price Is Right But Growth Is Lacking After Shares Rocket 32%

Here's Why Tongling Jingda Special Magnet Wire (SHSE:600577) Can Manage Its Debt Responsibly

Aug 16
Here's Why Tongling Jingda Special Magnet Wire (SHSE:600577) Can Manage Its Debt Responsibly

Recent updates

Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Price Is Right But Growth Is Lacking After Shares Rocket 32%

Aug 16
Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Price Is Right But Growth Is Lacking After Shares Rocket 32%

Here's Why Tongling Jingda Special Magnet Wire (SHSE:600577) Can Manage Its Debt Responsibly

Aug 16
Here's Why Tongling Jingda Special Magnet Wire (SHSE:600577) Can Manage Its Debt Responsibly

Tongling Jingda Special Magnet Wire (SHSE:600577) Is Reinvesting At Lower Rates Of Return

Jul 25
Tongling Jingda Special Magnet Wire (SHSE:600577) Is Reinvesting At Lower Rates Of Return

Analysts Have Just Cut Their Tongling Jingda Special Magnet Wire Co., Ltd. (SHSE:600577) Revenue Estimates By 12%

May 01
Analysts Have Just Cut Their Tongling Jingda Special Magnet Wire Co., Ltd. (SHSE:600577) Revenue Estimates By 12%

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
7D9.5%0.5%1.1%
1Y7.8%-15.6%-20.4%

Return vs Industry: 600577 exceeded the CN Electrical industry which returned -15.6% over the past year.

Return vs Market: 600577 exceeded the CN Market which returned -20.4% over the past year.

Price Volatility

Is 600577's price volatile compared to industry and market?
600577 volatility
600577 Average Weekly Movement6.8%
Electrical Industry Average Movement5.7%
Market Average Movement5.4%
10% most volatile stocks in CN Market8.5%
10% least volatile stocks in CN Market3.6%

Stable Share Price: 600577 has not had significant price volatility in the past 3 months.

Volatility Over Time: 600577's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of CN stocks.

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 offers 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¥8.69b
Earnings (TTM)CN¥506.95m
Revenue (TTM)CN¥19.63b

18.3x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600577 income statement (TTM)
RevenueCN¥19.63b
Cost of RevenueCN¥18.42b
Gross ProfitCN¥1.21b
Other ExpensesCN¥701.96m
EarningsCN¥506.95m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.24
Gross Margin6.16%
Net Profit Margin2.58%
Debt/Equity Ratio81.1%

How did 600577 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

68%

Payout Ratio