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CITIC Heavy Industries SHSE:601608 Stock Report

Last Price

CN¥4.11

Market Cap

CN¥17.8b

7D

-4.4%

1Y

11.1%

Updated

27 Mar, 2024

Data

Company Financials

CITIC Heavy Industries Co., Ltd.

SHSE:601608 Stock Report

Market Cap: CN¥17.8b

601608 Stock Overview

CITIC Heavy Industries Co., Ltd. engages in the manufacture and sale of heavy machinery in China and internationally.

601608 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends3/6

CITIC Heavy Industries Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CITIC Heavy Industries
Historical stock prices
Current Share PriceCN¥4.11
52 Week HighCN¥4.45
52 Week LowCN¥3.25
Beta0.54
1 Month Change-1.67%
3 Month Change7.87%
1 Year Change11.08%
3 Year Change14.17%
5 Year Change-23.75%
Change since IPO28.71%

Recent News & Updates

CITIC Heavy Industries' (SHSE:601608) Solid Profits Have Weak Fundamentals

Mar 22
CITIC Heavy Industries' (SHSE:601608) Solid Profits Have Weak Fundamentals

Here's Why CITIC Heavy Industries (SHSE:601608) Can Afford Some Debt

Feb 27
Here's Why CITIC Heavy Industries (SHSE:601608) Can Afford Some Debt

Recent updates

CITIC Heavy Industries' (SHSE:601608) Solid Profits Have Weak Fundamentals

Mar 22
CITIC Heavy Industries' (SHSE:601608) Solid Profits Have Weak Fundamentals

Here's Why CITIC Heavy Industries (SHSE:601608) Can Afford Some Debt

Feb 27
Here's Why CITIC Heavy Industries (SHSE:601608) Can Afford Some Debt

Shareholder Returns

601608CN MachineryCN Market
7D-4.4%-5.6%-4.9%
1Y11.1%-11.5%-16.6%

Return vs Industry: 601608 exceeded the CN Machinery industry which returned -8.7% over the past year.

Return vs Market: 601608 exceeded the CN Market which returned -14.8% over the past year.

Price Volatility

Is 601608's price volatile compared to industry and market?
601608 volatility
601608 Average Weekly Movement4.9%
Machinery Industry Average Movement9.0%
Market Average Movement8.2%
10% most volatile stocks in CN Market11.5%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 601608 has not had significant price volatility in the past 3 months.

Volatility Over Time: 601608's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19567,002Zhiyong Zhanghttps://citicheavyindustries.com

CITIC Heavy Industries Co., Ltd. engages in the manufacture and sale of heavy machinery in China and internationally. The company offers grinding mills; crushers; vertical stirred mills; high pressure grinding rolls; mine hoists; vertical roller mills; rotary kilns; and liners. It also provides equipment installation, testing, maintenance, refurbishing, remote monitoring and diagnosis, upgrading and retrofitting, and performance guarantee services.

CITIC Heavy Industries Co., Ltd. Fundamentals Summary

How do CITIC Heavy Industries's earnings and revenue compare to its market cap?
601608 fundamental statistics
Market capCN¥17.84b
Earnings (TTM)CN¥383.60m
Revenue (TTM)CN¥9.56b

46.5x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601608 income statement (TTM)
RevenueCN¥9.56b
Cost of RevenueCN¥7.67b
Gross ProfitCN¥1.88b
Other ExpensesCN¥1.50b
EarningsCN¥383.60m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.088
Gross Margin19.71%
Net Profit Margin4.01%
Debt/Equity Ratio27.5%

How did 601608 perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

32%

Payout Ratio
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