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Ningxia Qinglong Pipes Industry Group SZSE:002457 Stock Report

Last Price

CN¥12.34

Market Cap

CN¥4.1b

7D

-10.8%

1Y

25.5%

Updated

19 Nov, 2024

Data

Company Financials

Ningxia Qinglong Pipes Industry Group Co., Ltd.

SZSE:002457 Stock Report

Market Cap: CN¥4.1b

Ningxia Qinglong Pipes Industry Group Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ningxia Qinglong Pipes Industry Group
Historical stock prices
Current Share PriceCN¥12.34
52 Week HighCN¥17.10
52 Week LowCN¥5.81
Beta0.20
11 Month Change-17.73%
3 Month Change45.69%
1 Year Change25.53%
33 Year Change59.43%
5 Year Change56.20%
Change since IPO-8.31%

Recent News & Updates

Ningxia Qinglong Pipes Industry Group Co., Ltd.'s (SZSE:002457) Shares Climb 38% But Its Business Is Yet to Catch Up

Oct 11
Ningxia Qinglong Pipes Industry Group Co., Ltd.'s (SZSE:002457) Shares Climb 38% But Its Business Is Yet to Catch Up

Here's What's Concerning About Ningxia Qinglong Pipes Industry Group's (SZSE:002457) Returns On Capital

Oct 01
Here's What's Concerning About Ningxia Qinglong Pipes Industry Group's (SZSE:002457) Returns On Capital

Recent updates

Ningxia Qinglong Pipes Industry Group Co., Ltd.'s (SZSE:002457) Shares Climb 38% But Its Business Is Yet to Catch Up

Oct 11
Ningxia Qinglong Pipes Industry Group Co., Ltd.'s (SZSE:002457) Shares Climb 38% But Its Business Is Yet to Catch Up

Here's What's Concerning About Ningxia Qinglong Pipes Industry Group's (SZSE:002457) Returns On Capital

Oct 01
Here's What's Concerning About Ningxia Qinglong Pipes Industry Group's (SZSE:002457) Returns On Capital

Ningxia Qinglong Pipes Industry Group (SZSE:002457) Will Pay A Smaller Dividend Than Last Year

May 12
Ningxia Qinglong Pipes Industry Group (SZSE:002457) Will Pay A Smaller Dividend Than Last Year

Ningxia Qinglong Pipes Industry Group's (SZSE:002457) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 16
Ningxia Qinglong Pipes Industry Group's (SZSE:002457) Shareholders Have More To Worry About Than Only Soft Earnings

Shareholder Returns

002457CN ConstructionCN Market
7D-10.8%-1.1%-6.7%
1Y25.5%8.4%1.9%

Return vs Industry: 002457 exceeded the CN Construction industry which returned 8.4% over the past year.

Return vs Market: 002457 exceeded the CN Market which returned 1.9% over the past year.

Price Volatility

Is 002457's price volatile compared to industry and market?
002457 volatility
002457 Average Weekly Movement10.2%
Construction Industry Average Movement7.6%
Market Average Movement8.2%
10% most volatile stocks in CN Market12.5%
10% least volatile stocks in CN Market5.5%

Stable Share Price: 002457 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002457's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19742,186Jingze Zhangwww.qlgd.com.cn

Ningxia Qinglong Pipes Industry Group Co., Ltd. engages in the research and development, production, and sale of water pipelines and related products in China. The company’s products include prestressed concrete cylinder pipes, rebar wrapped concrete cylinder pipes, prestressed concrete pipes, reinforced concrete drain and cylindrical pipes, and precast concrete integrated pipes; polyethylene(PE) pipes, PE steel mesh skeleton pipes, rigid polyvinyl chloride pipes, and impact resistant modified polyvinyl chloride pipes for water supply, PE-RT II heat-resistant PE heating pipes, buried gas high density polyethylene (HDPE) and PE double wall corrugated pipes, and drip irrigation products.

Ningxia Qinglong Pipes Industry Group Co., Ltd. Fundamentals Summary

How do Ningxia Qinglong Pipes Industry Group's earnings and revenue compare to its market cap?
002457 fundamental statistics
Market capCN¥4.08b
Earnings (TTM)CN¥127.04m
Revenue (TTM)CN¥2.56b

32.1x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002457 income statement (TTM)
RevenueCN¥2.56b
Cost of RevenueCN¥1.75b
Gross ProfitCN¥813.75m
Other ExpensesCN¥686.71m
EarningsCN¥127.04m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.38
Gross Margin31.73%
Net Profit Margin4.95%
Debt/Equity Ratio29.0%

How did 002457 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

50%

Payout Ratio