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CITIC Heavy Industries SHSE:601608 Stock Report

Last Price

CN¥4.03

Market Cap

CN¥18.5b

7D

0.2%

1Y

14.5%

Updated

18 Oct, 2024

Data

Company Financials

CITIC Heavy Industries Co., Ltd.

SHSE:601608 Stock Report

Market Cap: CN¥18.5b

601608 Stock Overview

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

601608 fundamental analysis
Snowflake Score
Valuation0/6
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¥4.03
52 Week HighCN¥5.06
52 Week LowCN¥3.25
Beta0.55
11 Month Change20.66%
3 Month Change10.71%
1 Year Change14.49%
33 Year Change-10.84%
5 Year Change6.05%
Change since IPO26.20%

Recent News & Updates

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

Recent updates

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
7D0.2%2.7%2.7%
1Y14.5%3.9%4.6%

Return vs Industry: 601608 exceeded the CN Machinery industry which returned -0.5% over the past year.

Return vs Market: 601608 exceeded the CN Market which returned 0.1% over the past year.

Price Volatility

Is 601608's price volatile compared to industry and market?
601608 volatility
601608 Average Weekly Movement6.0%
Machinery Industry Average Movement7.8%
Market Average Movement7.5%
10% most volatile stocks in CN Market11.4%
10% least volatile stocks in CN Market5.2%

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 (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19567,002Zhiyong 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¥18.46b
Earnings (TTM)CN¥384.66m
Revenue (TTM)CN¥8.79b

48.0x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601608 income statement (TTM)
RevenueCN¥8.79b
Cost of RevenueCN¥6.93b
Gross ProfitCN¥1.86b
Other ExpensesCN¥1.48b
EarningsCN¥384.66m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 30, 2024

Earnings per share (EPS)0.084
Gross Margin21.21%
Net Profit Margin4.37%
Debt/Equity Ratio27.2%

How did 601608 perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

32%

Payout Ratio