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CITIC Heavy Industries Co., Ltd.SHSE:601608 Stock Report

Market Cap CN¥24.1b
Share Price
CN¥5.27
My Fair Value
CN¥0.093
5.6k% overvalued intrinsic discount
1Y52.8%
7D-5.0%
Portfolio Value
View

CITIC Heavy Industries Co., Ltd.

SHSE:601608 Stock Report

Market Cap: CN¥24.1b

CITIC Heavy Industries (601608) Stock Overview

Engages in the manufacture and sale of heavy machinery in China and internationally. More details

601608 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance3/6
Financial Health5/6
Dividends2/6

601608 Community Fair Values

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CITIC Heavy Industries Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for CITIC Heavy Industries
Historical stock prices
Current Share PriceCN¥5.27
52 Week HighCN¥6.25
52 Week LowCN¥3.28
Beta0.41
1 Month Change13.82%
3 Month Change19.50%
1 Year Change52.75%
3 Year Change37.24%
5 Year Change32.41%
Change since IPO65.03%

Recent News & Updates

Recent updates

CITIC Heavy Industries Co., Ltd.'s (SHSE:601608) 26% Price Boost Is Out Of Tune With Earnings

Mar 23
CITIC Heavy Industries Co., Ltd.'s (SHSE:601608) 26% Price Boost Is Out Of Tune With Earnings

CITIC Heavy Industries (SHSE:601608) Has A Pretty Healthy Balance Sheet

Feb 10
CITIC Heavy Industries (SHSE:601608) Has A Pretty Healthy Balance Sheet

CITIC Heavy Industries (SHSE:601608) Has Some Way To Go To Become A Multi-Bagger

Jan 24
CITIC Heavy Industries (SHSE:601608) Has Some Way To Go To Become A Multi-Bagger

CITIC Heavy Industries Co., Ltd.'s (SHSE:601608) Business Is Yet to Catch Up With Its Share Price

Jan 02
CITIC Heavy Industries Co., Ltd.'s (SHSE:601608) Business Is Yet to Catch Up With Its Share Price

We Think That There Are Some Issues For CITIC Heavy Industries (SHSE:601608) Beyond Its Promising Earnings

Nov 05
We Think That There Are Some Issues For CITIC Heavy Industries (SHSE:601608) Beyond Its Promising Earnings

Here's Why CITIC Heavy Industries (SHSE:601608) Has Caught The Eye Of Investors

Oct 15
Here's Why CITIC Heavy Industries (SHSE:601608) Has Caught The Eye Of Investors

CITIC Heavy Industries (SHSE:601608) Has More To Do To Multiply In Value Going Forward

Sep 25
CITIC Heavy Industries (SHSE:601608) Has More To Do To Multiply In Value Going Forward

Estimating The Fair Value Of CITIC Heavy Industries Co., Ltd. (SHSE:601608)

Jul 21
Estimating The Fair Value Of CITIC Heavy Industries Co., Ltd. (SHSE:601608)

Investors Met With Slowing Returns on Capital At CITIC Heavy Industries (SHSE:601608)

Jun 07
Investors Met With Slowing Returns on Capital At CITIC Heavy Industries (SHSE:601608)

With EPS Growth And More, CITIC Heavy Industries (SHSE:601608) Makes An Interesting Case

May 13
With EPS Growth And More, CITIC Heavy Industries (SHSE:601608) Makes An Interesting Case

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-5.0%0.08%0.7%
1Y52.8%63.6%52.5%

Return vs Industry: 601608 underperformed the CN Machinery industry which returned 63.6% over the past year.

Return vs Market: 601608 matched the CN Market which returned 52.5% over the past year.

Price Volatility

Is 601608's price volatile compared to industry and market?
601608 volatility
601608 Average Weekly Movement5.2%
Machinery Industry Average Movement5.2%
Market Average Movement5.0%
10% most volatile stocks in CN Market8.6%
10% least volatile stocks in CN Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
19566,983Zhiyong Zhangciticheavyindustries.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¥24.13b
Earnings (TTM)CN¥386.75m
Revenue (TTM)CN¥8.13b
62.4x
P/E Ratio
3.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601608 income statement (TTM)
RevenueCN¥8.13b
Cost of RevenueCN¥6.37b
Gross ProfitCN¥1.75b
Other ExpensesCN¥1.37b
EarningsCN¥386.75m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.084
Gross Margin21.59%
Net Profit Margin4.76%
Debt/Equity Ratio21.0%

How did 601608 perform over the long term?

See historical performance and comparison

Dividends

0.5%
Current Dividend Yield
34%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/02 17:03
End of Day Share Price 2025/09/02 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

CITIC Heavy Industries Co., Ltd. is covered by 0 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.