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Neway Valve (Suzhou) SHSE:603699 Stock Report

Last Price

CN¥19.83

Market Cap

CN¥15.1b

7D

-2.5%

1Y

43.4%

Updated

31 May, 2024

Data

Company Financials +

Neway Valve (Suzhou) Co., Ltd.

SHSE:603699 Stock Report

Market Cap: CN¥15.1b

603699 Stock Overview

Researches, develops, produces, sells, and services industrial valves in the People’s Republic of China and internationally.

603699 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance6/6
Financial Health5/6
Dividends4/6

Neway Valve (Suzhou) Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Neway Valve (Suzhou)
Historical stock prices
Current Share PriceCN¥19.83
52 Week HighCN¥21.21
52 Week LowCN¥11.25
Beta0.70
1 Month Change6.33%
3 Month Change22.41%
1 Year Change43.38%
3 Year Change74.56%
5 Year Change65.11%
Change since IPO-21.74%

Recent News & Updates

Benign Growth For Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Underpins Its Share Price

May 30
Benign Growth For Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Underpins Its Share Price

Neway Valve (Suzhou) (SHSE:603699) Seems To Use Debt Rather Sparingly

May 13
Neway Valve (Suzhou) (SHSE:603699) Seems To Use Debt Rather Sparingly

Neway Valve (Suzhou) Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Apr 16
Neway Valve (Suzhou) Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Recent updates

Benign Growth For Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Underpins Its Share Price

May 30
Benign Growth For Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Underpins Its Share Price

Neway Valve (Suzhou) (SHSE:603699) Seems To Use Debt Rather Sparingly

May 13
Neway Valve (Suzhou) (SHSE:603699) Seems To Use Debt Rather Sparingly

Neway Valve (Suzhou) Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Apr 16
Neway Valve (Suzhou) Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Under The Bonnet, Neway Valve (Suzhou)'s (SHSE:603699) Returns Look Impressive

Mar 26
Under The Bonnet, Neway Valve (Suzhou)'s (SHSE:603699) Returns Look Impressive

Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Feb 29
Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Is Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Trading At A 40% Discount?

Feb 28
Is Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Trading At A 40% Discount?

Shareholder Returns

603699CN MachineryCN Market
7D-2.5%-1.0%-1.5%
1Y43.4%-8.6%-11.8%

Return vs Industry: 603699 exceeded the CN Machinery industry which returned -8.6% over the past year.

Return vs Market: 603699 exceeded the CN Market which returned -11.8% over the past year.

Price Volatility

Is 603699's price volatile compared to industry and market?
603699 volatility
603699 Average Weekly Movement4.6%
Machinery Industry Average Movement7.1%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.1%

Stable Share Price: 603699's share price has been volatile over the past 3 months.

Volatility Over Time: 603699's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19973,550Yinlong Fengwww.newayvalve.com

Neway Valve (Suzhou) Co., Ltd. researches, develops, produces, sells, and services industrial valves in the People’s Republic of China and internationally. The company provides gate, globe, and check valves, including cast steel, parallel gate, axial flow/dual plate check, and forged valves; ball valves, such as floating ball, trunnion mounted ball, DBB compact manifold, and other type ball valve; and butterfly valves comprising concentric, double offset, and triple offset butterfly valves. It also offers cryogenic valves, including cryogenic gate, cryogenic globe, cryogenic check, cryogenic ball, cryogenic offset butterfly, and cryogenic control valves; on-off valves, such as electric, pneumatic, hydraulic, electro-hydraulic, and pneumatic-hydraulic valves; and power plant valve comprising nuclear and conventional power plant valves.

Neway Valve (Suzhou) Co., Ltd. Fundamentals Summary

How do Neway Valve (Suzhou)'s earnings and revenue compare to its market cap?
603699 fundamental statistics
Market capCN¥15.08b
Earnings (TTM)CN¥820.39m
Revenue (TTM)CN¥5.81b

18.4x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603699 income statement (TTM)
RevenueCN¥5.81b
Cost of RevenueCN¥3.96b
Gross ProfitCN¥1.85b
Other ExpensesCN¥1.03b
EarningsCN¥820.39m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.08
Gross Margin31.81%
Net Profit Margin14.11%
Debt/Equity Ratio30.4%

How did 603699 perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

48%

Payout Ratio
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