601608 Stock Overview
Engages in the manufacture and sale of heavy machinery in China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
CITIC Heavy Industries Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥3.91 |
| 52 Week High | CN¥5.06 |
| 52 Week Low | CN¥3.25 |
| Beta | 0.55 |
| 1 Month Change | -6.90% |
| 3 Month Change | -8.86% |
| 1 Year Change | 10.76% |
| 3 Year Change | -1.01% |
| 5 Year Change | 18.48% |
| Change since IPO | 22.44% |
Recent News & Updates
CITIC Heavy Industries (SHSE:601608) Has Some Way To Go To Become A Multi-Bagger
Jan 24
CITIC Heavy Industries Co., Ltd.'s (SHSE:601608) Business Is Yet to Catch Up With Its Share Price
Jan 02We Think That There Are Some Issues For CITIC Heavy Industries (SHSE:601608) Beyond Its Promising Earnings
Nov 05Here's Why CITIC Heavy Industries (SHSE:601608) Has Caught The Eye Of Investors
Oct 15Recent updates
CITIC Heavy Industries (SHSE:601608) Has Some Way To Go To Become A Multi-Bagger
Jan 24CITIC Heavy Industries Co., Ltd.'s (SHSE:601608) Business Is Yet to Catch Up With Its Share Price
Jan 02We Think That There Are Some Issues For CITIC Heavy Industries (SHSE:601608) Beyond Its Promising Earnings
Nov 05Here's Why CITIC Heavy Industries (SHSE:601608) Has Caught The Eye Of Investors
Oct 15CITIC Heavy Industries (SHSE:601608) Has More To Do To Multiply In Value Going Forward
Sep 25Estimating The Fair Value Of CITIC Heavy Industries Co., Ltd. (SHSE:601608)
Jul 21Investors Met With Slowing Returns on Capital At CITIC Heavy Industries (SHSE:601608)
Jun 07With EPS Growth And More, CITIC Heavy Industries (SHSE:601608) Makes An Interesting Case
May 13CITIC Heavy Industries' (SHSE:601608) Solid Profits Have Weak Fundamentals
Mar 22Here's Why CITIC Heavy Industries (SHSE:601608) Can Afford Some Debt
Feb 27Shareholder Returns
| 601608 | CN Machinery | CN Market | |
|---|---|---|---|
| 7D | -1.3% | -1.9% | -0.9% |
| 1Y | 10.8% | 28.4% | 22.0% |
Return vs Industry: 601608 underperformed the CN Machinery industry which returned 24% over the past year.
Return vs Market: 601608 underperformed the CN Market which returned 18.4% over the past year.
Price Volatility
| 601608 volatility | |
|---|---|
| 601608 Average Weekly Movement | 5.2% |
| Machinery Industry Average Movement | 7.0% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in CN Market | 10.7% |
| 10% least volatile stocks in CN Market | 4.0% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1956 | 7,002 | Zhiyong Zhang | 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
| 601608 fundamental statistics | |
|---|---|
| Market cap | CN¥17.91b |
| Earnings (TTM) | CN¥401.50m |
| Revenue (TTM) | CN¥8.45b |
44.6x
P/E Ratio2.1x
P/S RatioIs 601608 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 601608 income statement (TTM) | |
|---|---|
| Revenue | CN¥8.45b |
| Cost of Revenue | CN¥6.63b |
| Gross Profit | CN¥1.81b |
| Other Expenses | CN¥1.41b |
| Earnings | CN¥401.50m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Mar 15, 2025
| Earnings per share (EPS) | 0.088 |
| Gross Margin | 21.48% |
| Net Profit Margin | 4.75% |
| Debt/Equity Ratio | 23.1% |
How did 601608 perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield31%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 05:25 |
| End of Day Share Price | 2025/01/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
CITIC Heavy Industries Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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