company background image
601890 logo

Asian Star Anchor Chain Jiangsu SHSE:601890 Stock Report

Last Price

CN¥8.05

Market Cap

CN¥7.7b

7D

-2.2%

1Y

-13.3%

Updated

24 Dec, 2024

Data

Company Financials +

Asian Star Anchor Chain Co., Ltd. Jiangsu

SHSE:601890 Stock Report

Market Cap: CN¥7.7b

601890 Stock Overview

Engages in the manufacture and sale of anchor chains, marine mooring chains, and related accessories worldwide. More details

601890 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance4/6
Financial Health5/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Asian Star Anchor Chain Co., Ltd. Jiangsu Competitors

Price History & Performance

Summary of share price highs, lows and changes for Asian Star Anchor Chain Jiangsu
Historical stock prices
Current Share PriceCN¥8.05
52 Week HighCN¥10.45
52 Week LowCN¥6.35
Beta0.36
1 Month Change2.16%
3 Month Change16.16%
1 Year Change-13.35%
3 Year Change-10.06%
5 Year Change40.73%
Change since IPO-10.54%

Recent News & Updates

Asian Star Anchor Chain Jiangsu (SHSE:601890) Has A Rock Solid Balance Sheet

Dec 24
Asian Star Anchor Chain Jiangsu (SHSE:601890) Has A Rock Solid Balance Sheet

Asian Star Anchor Chain Jiangsu's (SHSE:601890) Solid Earnings May Rest On Weak Foundations

Nov 04
Asian Star Anchor Chain Jiangsu's (SHSE:601890) Solid Earnings May Rest On Weak Foundations

Recent updates

Asian Star Anchor Chain Jiangsu (SHSE:601890) Has A Rock Solid Balance Sheet

Dec 24
Asian Star Anchor Chain Jiangsu (SHSE:601890) Has A Rock Solid Balance Sheet

Asian Star Anchor Chain Jiangsu's (SHSE:601890) Solid Earnings May Rest On Weak Foundations

Nov 04
Asian Star Anchor Chain Jiangsu's (SHSE:601890) Solid Earnings May Rest On Weak Foundations

Asian Star Anchor Chain Jiangsu (SHSE:601890) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Apr 29
Asian Star Anchor Chain Jiangsu (SHSE:601890) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Should You Be Adding Asian Star Anchor Chain Jiangsu (SHSE:601890) To Your Watchlist Today?

Apr 17
Should You Be Adding Asian Star Anchor Chain Jiangsu (SHSE:601890) To Your Watchlist Today?

Shareholder Returns

601890CN MachineryCN Market
7D-2.2%-3.0%-2.1%
1Y-13.3%8.4%9.8%

Return vs Industry: 601890 underperformed the CN Machinery industry which returned 8.4% over the past year.

Return vs Market: 601890 underperformed the CN Market which returned 9.8% over the past year.

Price Volatility

Is 601890's price volatile compared to industry and market?
601890 volatility
601890 Average Weekly Movement6.6%
Machinery Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 601890 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 601890's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19811,612Liangfeng Taowww.asac.cn

Asian Star Anchor Chain Co., Ltd. Jiangsu, together with its subsidiaries, engages in the manufacture and sale of anchor chains, marine mooring chains, and related accessories worldwide. It offers marine anchor chains and offshore mooring chains, including stud and studless links; mining chains; accessories, such as shackles, swivels, eye plates, mounting rings, and mooring hooks; and other products comprising chafe and buoy chains, and anchors. The company also exports its products.

Asian Star Anchor Chain Co., Ltd. Jiangsu Fundamentals Summary

How do Asian Star Anchor Chain Jiangsu's earnings and revenue compare to its market cap?
601890 fundamental statistics
Market capCN¥7.72b
Earnings (TTM)CN¥253.92m
Revenue (TTM)CN¥1.91b

30.4x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601890 income statement (TTM)
RevenueCN¥1.91b
Cost of RevenueCN¥1.34b
Gross ProfitCN¥566.25m
Other ExpensesCN¥312.33m
EarningsCN¥253.92m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.26
Gross Margin29.69%
Net Profit Margin13.32%
Debt/Equity Ratio18.6%

How did 601890 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

40%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 22:55
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

Asian Star Anchor Chain Co., Ltd. Jiangsu is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuanrui LiuChangjiang Securities Co. LTD.
Weizhi YuanChasing Securities
Jian DingChina International Capital Corporation Limited