601608 Stock Overview
Engages in the manufacture and sale of heavy machinery in China and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
CITIC Heavy Industries Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥4.06 |
| 52 Week High | CN¥5.06 |
| 52 Week Low | CN¥3.25 |
| Beta | 0.55 |
| 1 Month Change | -9.58% |
| 3 Month Change | -4.92% |
| 1 Year Change | 4.10% |
| 3 Year Change | 19.76% |
| 5 Year Change | -9.38% |
| Change since IPO | 27.14% |
Recent News & Updates
With EPS Growth And More, CITIC Heavy Industries (SHSE:601608) Makes An Interesting Case
May 13
CITIC Heavy Industries' (SHSE:601608) Solid Profits Have Weak Fundamentals
Mar 22Shareholder Returns
| 601608 | CN Machinery | CN Market | |
|---|---|---|---|
| 7D | -0.7% | -0.5% | -0.4% |
| 1Y | 4.1% | -7.0% | -11.1% |
Return vs Industry: 601608 exceeded the CN Machinery industry which returned -7% over the past year.
Return vs Market: 601608 exceeded the CN Market which returned -11.1% over the past year.
Price Volatility
| 601608 volatility | |
|---|---|
| 601608 Average Weekly Movement | 4.5% |
| Machinery Industry Average Movement | 7.1% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in CN Market | 9.9% |
| 10% least volatile stocks in CN Market | 4.1% |
Stable Share Price: 601608 has not had significant price volatility in the past 3 months.
Volatility Over Time: 601608's weekly volatility (4%) 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¥17.62b |
| Earnings (TTM) | CN¥393.30m |
| Revenue (TTM) | CN¥9.56b |
44.8x
P/E Ratio1.8x
P/S RatioIs 601608 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 601608 income statement (TTM) | |
|---|---|
| Revenue | CN¥9.56b |
| Cost of Revenue | CN¥7.70b |
| Gross Profit | CN¥1.86b |
| Other Expenses | CN¥1.47b |
| Earnings | CN¥393.30m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.091 |
| Gross Margin | 19.50% |
| Net Profit Margin | 4.11% |
| Debt/Equity Ratio | 25.6% |
How did 601608 perform over the long term?
See historical performance and comparison