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Zhejiang Baida Precision Manufacturing SHSE:603331 Stock Report

Last Price

CN¥10.85

Market Cap

CN¥2.2b

7D

1.4%

1Y

-21.5%

Updated

05 May, 2024

Data

Company Financials

Zhejiang Baida Precision Manufacturing Corp.

SHSE:603331 Stock Report

Market Cap: CN¥2.2b

Zhejiang Baida Precision Manufacturing Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Baida Precision Manufacturing
Historical stock prices
Current Share PriceCN¥10.85
52 Week HighCN¥15.16
52 Week LowCN¥7.37
Beta0.030
1 Month Change-3.81%
3 Month Change32.48%
1 Year Change-21.49%
3 Year Change6.58%
5 Year Change-7.04%
Change since IPO9.52%

Recent News & Updates

Zhejiang Baida Precision Manufacturing's (SHSE:603331) Solid Profits Have Weak Fundamentals

May 06
Zhejiang Baida Precision Manufacturing's (SHSE:603331) Solid Profits Have Weak Fundamentals

The Market Doesn't Like What It Sees From Zhejiang Baida Precision Manufacturing Corp.'s (SHSE:603331) Earnings Yet As Shares Tumble 29%

Apr 22
The Market Doesn't Like What It Sees From Zhejiang Baida Precision Manufacturing Corp.'s (SHSE:603331) Earnings Yet As Shares Tumble 29%

Recent updates

Zhejiang Baida Precision Manufacturing's (SHSE:603331) Solid Profits Have Weak Fundamentals

May 06
Zhejiang Baida Precision Manufacturing's (SHSE:603331) Solid Profits Have Weak Fundamentals

The Market Doesn't Like What It Sees From Zhejiang Baida Precision Manufacturing Corp.'s (SHSE:603331) Earnings Yet As Shares Tumble 29%

Apr 22
The Market Doesn't Like What It Sees From Zhejiang Baida Precision Manufacturing Corp.'s (SHSE:603331) Earnings Yet As Shares Tumble 29%

Zhejiang Baida Precision Manufacturing Corp.'s (SHSE:603331) Shares Bounce 32% But Its Business Still Trails The Market

Mar 06
Zhejiang Baida Precision Manufacturing Corp.'s (SHSE:603331) Shares Bounce 32% But Its Business Still Trails The Market

Be Wary Of Zhejiang Baida Precision Manufacturing (SHSE:603331) And Its Returns On Capital

Mar 01
Be Wary Of Zhejiang Baida Precision Manufacturing (SHSE:603331) And Its Returns On Capital

Shareholder Returns

603331CN MachineryCN Market
7D1.4%0.5%1.2%
1Y-21.5%-5.3%-12.6%

Return vs Industry: 603331 underperformed the CN Machinery industry which returned -5.3% over the past year.

Return vs Market: 603331 underperformed the CN Market which returned -12.6% over the past year.

Price Volatility

Is 603331's price volatile compared to industry and market?
603331 volatility
603331 Average Weekly Movement10.1%
Machinery Industry Average Movement9.0%
Market Average Movement8.3%
10% most volatile stocks in CN Market12.1%
10% least volatile stocks in CN Market5.0%

Stable Share Price: 603331's share price has been volatile over the past 3 months.

Volatility Over Time: 603331's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19952,594Ji Lin Ruanwww.baidapm.com

Zhejiang Baida Precision Manufacturing Corp. engages in the research, development, manufacture, and sale of compressor and auto parts in China. It offers air-conditioning compressors, refrigerator compressors, air compressors, blades, balance blocks, auto parts, hardware, machinery, and equipment and electrical accessories. The company was founded in 1995 and is based in Taizhou, China.

Zhejiang Baida Precision Manufacturing Corp. Fundamentals Summary

How do Zhejiang Baida Precision Manufacturing's earnings and revenue compare to its market cap?
603331 fundamental statistics
Market capCN¥2.20b
Earnings (TTM)CN¥113.44m
Revenue (TTM)CN¥1.47b

19.4x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603331 income statement (TTM)
RevenueCN¥1.47b
Cost of RevenueCN¥1.14b
Gross ProfitCN¥327.85m
Other ExpensesCN¥214.41m
EarningsCN¥113.44m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.56
Gross Margin22.36%
Net Profit Margin7.74%
Debt/Equity Ratio47.3%

How did 603331 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

35%

Payout Ratio
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