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AA Industrial Belting (Shanghai)Ltd SHSE:603580 Stock Report

Last Price

CN¥18.94

Market Cap

CN¥2.5b

7D

-0.05%

1Y

34.1%

Updated

29 Jul, 2024

Data

Company Financials

AA Industrial Belting (Shanghai) Co.,Ltd

SHSE:603580 Stock Report

Market Cap: CN¥2.5b

603580 Stock Overview

AA Industrial Belting (Shanghai) Co., Ltd produces and sells belts in China.

603580 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends0/6

AA Industrial Belting (Shanghai) Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AA Industrial Belting (Shanghai)Ltd
Historical stock prices
Current Share PriceCN¥18.94
52 Week HighCN¥33.01
52 Week LowCN¥6.72
Beta0.66
11 Month Change-0.47%
3 Month Change-19.54%
1 Year Change34.14%
33 Year Change91.12%
5 Year Change52.25%
Change since IPO162.72%

Recent News & Updates

Some Confidence Is Lacking In AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) As Shares Slide 35%

Jun 06
Some Confidence Is Lacking In AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) As Shares Slide 35%

Risks Still Elevated At These Prices As AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) Shares Dive 35%

Apr 21
Risks Still Elevated At These Prices As AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) Shares Dive 35%

Recent updates

Some Confidence Is Lacking In AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) As Shares Slide 35%

Jun 06
Some Confidence Is Lacking In AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) As Shares Slide 35%

Risks Still Elevated At These Prices As AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) Shares Dive 35%

Apr 21
Risks Still Elevated At These Prices As AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) Shares Dive 35%

AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Feb 26
AA Industrial Belting (Shanghai) Co.,Ltd (SHSE:603580) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Shareholder Returns

603580CN MachineryCN Market
7D-0.05%-1.2%-2.8%
1Y34.1%-19.4%-21.0%

Return vs Industry: 603580 exceeded the CN Machinery industry which returned -19.4% over the past year.

Return vs Market: 603580 exceeded the CN Market which returned -21% over the past year.

Price Volatility

Is 603580's price volatile compared to industry and market?
603580 volatility
603580 Average Weekly Movement10.5%
Machinery Industry Average Movement5.9%
Market Average Movement5.8%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 603580's share price has been volatile over the past 3 months.

Volatility Over Time: 603580's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
1997251Guosheng Tuwww.aabelt.com.cn

AA Industrial Belting (Shanghai) Co., Ltd produces and sells belts in China. It offers conveyor belts, including thermoplastic polyurethane elastomer conveyor belts, thermoplastic polyester elastomer conveyor belts, polyvinyl chloride conveyor belts, and polyethylene conveyor belts; and synchronous belts, roller belts, felt tapes, and processing accessories for application in various industries, such as aluminum profile processing, textiles, printing and dyeing, food processing, logistics transportation, agricultural products processing, entertainment and fitness, wood processing, electronics manufacturing, printing and packaging, etc. The company was founded in 1997 and is headquartered in Shanghai, China.

AA Industrial Belting (Shanghai) Co.,Ltd Fundamentals Summary

How do AA Industrial Belting (Shanghai)Ltd's earnings and revenue compare to its market cap?
603580 fundamental statistics
Market capCN¥2.47b
Earnings (TTM)CN¥3.09m
Revenue (TTM)CN¥159.29m

800.3x

P/E Ratio

15.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603580 income statement (TTM)
RevenueCN¥159.29m
Cost of RevenueCN¥105.82m
Gross ProfitCN¥53.47m
Other ExpensesCN¥50.38m
EarningsCN¥3.09m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 31, 2024

Earnings per share (EPS)0.024
Gross Margin33.57%
Net Profit Margin1.94%
Debt/Equity Ratio3.2%

How did 603580 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

345%

Payout Ratio
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