601608 Stock Overview
Engages in the manufacture and sale of heavy machinery in China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| 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¥4.20 |
| 52 Week High | CN¥5.06 |
| 52 Week Low | CN¥3.25 |
| Beta | 0.55 |
| 1 Month Change | -3.45% |
| 3 Month Change | 1.20% |
| 1 Year Change | 7.97% |
| 3 Year Change | -6.25% |
| 5 Year Change | 0.48% |
| Change since IPO | 31.52% |
Recent News & Updates
We Think That There Are Some Issues For CITIC Heavy Industries (SHSE:601608) Beyond Its Promising Earnings
Nov 05
Here's Why CITIC Heavy Industries (SHSE:601608) Has Caught The Eye Of Investors
Oct 15Recent updates
We 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 | -3.7% | 1.1% | 1.0% |
| 1Y | 8.0% | 6.5% | 8.2% |
Return vs Industry: 601608 exceeded the CN Machinery industry which returned 6.5% over the past year.
Return vs Market: 601608 matched the CN Market which returned 8.2% over the past year.
Price Volatility
| 601608 volatility | |
|---|---|
| 601608 Average Weekly Movement | 6.6% |
| Machinery Industry Average Movement | 8.4% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CN Market | 12.2% |
| 10% least volatile stocks in CN Market | 5.1% |
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 (7%) 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¥19.23b |
| Earnings (TTM) | CN¥401.50m |
| Revenue (TTM) | CN¥8.45b |
47.9x
P/E Ratio2.3x
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 | 2024/12/31 19:55 |
| End of Day Share Price | 2024/12/31 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
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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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