603338 Stock Overview
Zhejiang Dingli Machinery Co.,Ltd develops, manufactures, sells, and services various aerial working platforms in China, Europe, the United States, Asia, and Africa.
Zhejiang Dingli MachineryLtd Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥51.21|
|52 Week High||CN¥88.88|
|52 Week Low||CN¥32.16|
|1 Month Change||8.08%|
|3 Month Change||13.45%|
|1 Year Change||-10.10%|
|3 Year Change||23.93%|
|5 Year Change||119.08%|
|Change since IPO||725.23%|
Recent News & Updates
|603338||CN Machinery||CN Market|
Return vs Industry: 603338 underperformed the CN Machinery industry which returned 0% over the past year.
Return vs Market: 603338 underperformed the CN Market which returned -6.8% over the past year.
|603338 Average Weekly Movement||7.2%|
|Machinery Industry Average Movement||7.2%|
|Market Average Movement||7.2%|
|10% most volatile stocks in CN Market||10.2%|
|10% least volatile stocks in CN Market||5.0%|
Stable Share Price: 603338 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 603338's weekly volatility (7%) has been stable over the past year.
About the Company
Zhejiang Dingli Machinery Co.,Ltd develops, manufactures, sells, and services various aerial working platforms in China, Europe, the United States, Asia, and Africa. It offers electric and engine boom, engine and electric scissor, electric vertical, telescopic boom, and articulating boom lifts, as well as electric aerial stock pickers and mast-climbers. The company’s products are used in construction, commercial, and industrial applications.
Zhejiang Dingli MachineryLtd Fundamentals Summary
|603338 fundamental statistics|
Is 603338 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|603338 income statement (TTM)|
|Cost of Revenue||CN¥3.79b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.80|
|Net Profit Margin||17.01%|
How did 603338 perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Is 603338 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 603338?
Other financial metrics that can be useful for relative valuation.
|What is 603338's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 603338's PE Ratio compare to its peers?
|603338 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
601717 Zhengzhou Coal Mining Machinery Group
000425 XCMG Construction Machinery
000951 Sinotruk Jinan Truck
000157 Zoomlion Heavy Industry Science and Technology
603338 Zhejiang Dingli MachineryLtd
Price-To-Earnings vs Peers: 603338 is expensive based on its Price-To-Earnings Ratio (28.5x) compared to the peer average (15.8x).
Price to Earnings Ratio vs Industry
How does 603338's PE Ratio compare vs other companies in the CN Machinery Industry?
Price-To-Earnings vs Industry: 603338 is good value based on its Price-To-Earnings Ratio (28.5x) compared to the CN Machinery industry average (33.7x)
Price to Earnings Ratio vs Fair Ratio
What is 603338's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||28.5x|
|Fair PE Ratio||28.5x|
Price-To-Earnings vs Fair Ratio: 603338 is expensive based on its Price-To-Earnings Ratio (28.5x) compared to the estimated Fair Price-To-Earnings Ratio (28.5x).
Share Price vs Fair Value
What is the Fair Price of 603338 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 603338 (CN¥51.21) is trading below our estimate of fair value (CN¥144.52)
Significantly Below Fair Value: 603338 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 603338 is poor value based on its PEG Ratio (1.2x)
Discover undervalued companies
How is Zhejiang Dingli MachineryLtd forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 603338's forecast earnings growth (23.7% per year) is above the savings rate (3.2%).
Earnings vs Market: 603338's earnings (23.7% per year) are forecast to grow slower than the CN market (23.9% per year).
High Growth Earnings: 603338's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 603338's revenue (19.4% per year) is forecast to grow faster than the CN market (17.5% per year).
High Growth Revenue: 603338's revenue (19.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 603338's Return on Equity is forecast to be low in 3 years time (18.4%).
Discover growth companies
How has Zhejiang Dingli MachineryLtd performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603338 has a high level of non-cash earnings.
Growing Profit Margin: 603338's current net profit margins (17%) are lower than last year (21%).
Past Earnings Growth Analysis
Earnings Trend: 603338's earnings have grown significantly by 25.2% per year over the past 5 years.
Accelerating Growth: 603338's earnings growth over the past year (27.8%) exceeds its 5-year average (25.2% per year).
Earnings vs Industry: 603338 earnings growth over the past year (27.8%) exceeded the Machinery industry 2.5%.
Return on Equity
High ROE: 603338's Return on Equity (14.7%) is considered low.
Discover strong past performing companies
How is Zhejiang Dingli MachineryLtd's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 603338's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 603338's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥439.0M).
Debt to Equity History and Analysis
Debt Level: 603338 has more cash than its total debt.
Reducing Debt: 603338's debt to equity ratio has increased from 5.4% to 17.3% over the past 5 years.
Debt Coverage: 603338's debt is well covered by operating cash flow (48.6%).
Interest Coverage: 603338 earns more interest than it pays, so coverage of interest payments is not a concern.
Discover healthy companies
What is Zhejiang Dingli MachineryLtd current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603338's dividend (0.66%) is higher than the bottom 25% of dividend payers in the CN market (0.48%).
High Dividend: 603338's dividend (0.66%) is low compared to the top 25% of dividend payers in the CN market (1.92%).
Stability and Growth of Payments
Stable Dividend: 603338 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603338's dividend payments have increased, but the company has only paid a dividend for 7 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.3%), 603338's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (316.3%), 603338's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Shu Xu (55 yo)
Mr. Shu Gen Xu serves as the Chairman and General Manager of Zhejiang Dingli Machinery Co., Ltd. and serves as its Director since August 20, 2011.
Experienced Board: 603338's board of directors are seasoned and experienced ( 10.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.3%.
Zhejiang Dingli Machinery Co.,Ltd's employee growth, exchange listings and data sources
- Name: Zhejiang Dingli Machinery Co.,Ltd
- Ticker: 603338
- Exchange: SHSE
- Founded: 2005
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Implied Market Cap: CN¥25.930b
- Shares outstanding: 506.35m
- Website: https://www.cndingli.com
Number of Employees
- Zhejiang Dingli Machinery Co.,Ltd
- No.1255 Baiyun South Road
- Leidian Town
- Zhejiang Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/03 00:00|
|End of Day Share Price||2022/07/01 00:00|
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.