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Neway CNC Equipment (Suzhou) SHSE:688697 Stock Report

Last Price

CN¥16.41

Market Cap

CN¥5.4b

7D

-1.3%

1Y

-37.1%

Updated

15 Jun, 2024

Data

Company Financials +

Neway CNC Equipment (Suzhou) Co., Ltd.

SHSE:688697 Stock Report

Market Cap: CN¥5.4b

688697 Stock Overview

Engages in the research and development, production, and sales of medium and high-end CNC machine tools in China and internationally.

688697 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends3/6

Neway CNC Equipment (Suzhou) Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Neway CNC Equipment (Suzhou)
Historical stock prices
Current Share PriceCN¥16.41
52 Week HighCN¥27.82
52 Week LowCN¥11.81
Beta0.59
1 Month Change-6.18%
3 Month Change-22.56%
1 Year Change-37.08%
3 Year Changen/a
5 Year Changen/a
Change since IPO-26.97%

Recent News & Updates

Lacklustre Performance Is Driving Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Low P/E

Jun 07
Lacklustre Performance Is Driving Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Low P/E

Neway CNC Equipment (Suzhou)'s (SHSE:688697) Solid Earnings May Rest On Weak Foundations

Apr 01
Neway CNC Equipment (Suzhou)'s (SHSE:688697) Solid Earnings May Rest On Weak Foundations

Analysts Have Lowered Expectations For Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) After Its Latest Results

Mar 30
Analysts Have Lowered Expectations For Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) After Its Latest Results

Recent updates

Lacklustre Performance Is Driving Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Low P/E

Jun 07
Lacklustre Performance Is Driving Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Low P/E

Neway CNC Equipment (Suzhou)'s (SHSE:688697) Solid Earnings May Rest On Weak Foundations

Apr 01
Neway CNC Equipment (Suzhou)'s (SHSE:688697) Solid Earnings May Rest On Weak Foundations

Analysts Have Lowered Expectations For Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) After Its Latest Results

Mar 30
Analysts Have Lowered Expectations For Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) After Its Latest Results

Calculating The Intrinsic Value Of Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697)

Mar 22
Calculating The Intrinsic Value Of Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697)

Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Shares Bounce 33% But Its Business Still Trails The Market

Feb 26
Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Shares Bounce 33% But Its Business Still Trails The Market

Shareholder Returns

688697CN MachineryCN Market
7D-1.3%-0.3%0.06%
1Y-37.1%-14.3%-16.1%

Return vs Industry: 688697 underperformed the CN Machinery industry which returned -14.3% over the past year.

Return vs Market: 688697 underperformed the CN Market which returned -16.1% over the past year.

Price Volatility

Is 688697's price volatile compared to industry and market?
688697 volatility
688697 Average Weekly Movement5.5%
Machinery Industry Average Movement7.1%
Market Average Movement6.7%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 688697's share price has been volatile over the past 3 months.

Volatility Over Time: 688697's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19971,241n/awww.newaycnc.com

Neway CNC Equipment (Suzhou) Co., Ltd. engages in the research and development, production, and sales of medium and high-end CNC machine tools in China and internationally. It offers large-scale machining centers, vertical and horizontal CNC machine tools, typical industrial application machine tools, fixed-column gantry processing centers, moving-column gantry processing centers, and viaduct-type gantry processing centers, five-axis linkage gantry machining centers, and CNC milling and boring machine.

Neway CNC Equipment (Suzhou) Co., Ltd. Fundamentals Summary

How do Neway CNC Equipment (Suzhou)'s earnings and revenue compare to its market cap?
688697 fundamental statistics
Market capCN¥5.36b
Earnings (TTM)CN¥315.47m
Revenue (TTM)CN¥2.34b

17.0x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688697 income statement (TTM)
RevenueCN¥2.34b
Cost of RevenueCN¥1.73b
Gross ProfitCN¥612.28m
Other ExpensesCN¥296.81m
EarningsCN¥315.47m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.97
Gross Margin26.14%
Net Profit Margin13.47%
Debt/Equity Ratio33.7%

How did 688697 perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

62%

Payout Ratio
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