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Jiangsu Rainbow Heavy Industries SZSE:002483 Stock Report

Last Price

CN¥4.70

Market Cap

CN¥4.4b

7D

-8.0%

1Y

-13.6%

Updated

03 Jun, 2024

Data

Company Financials +

Jiangsu Rainbow Heavy Industries Co., Ltd.

SZSE:002483 Stock Report

Market Cap: CN¥4.4b

Jiangsu Rainbow Heavy Industries Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jiangsu Rainbow Heavy Industries
Historical stock prices
Current Share PriceCN¥4.70
52 Week HighCN¥6.06
52 Week LowCN¥3.37
Beta0.19
1 Month Change-15.47%
3 Month Change11.37%
1 Year Change-13.60%
3 Year Change0.64%
5 Year Change18.69%
Change since IPO-51.83%

Recent News & Updates

Jiangsu Rainbow Heavy Industries' (SZSE:002483) Earnings Seem To Be Promising

Apr 08
Jiangsu Rainbow Heavy Industries' (SZSE:002483) Earnings Seem To Be Promising

Recent updates

Jiangsu Rainbow Heavy Industries' (SZSE:002483) Earnings Seem To Be Promising

Apr 08
Jiangsu Rainbow Heavy Industries' (SZSE:002483) Earnings Seem To Be Promising

Shareholder Returns

2483CN MachineryCN Market
7D-8.0%0.2%-0.4%
1Y-13.6%-8.1%-12.6%

Return vs Industry: 002483 underperformed the CN Machinery industry which returned -8.1% over the past year.

Return vs Market: 002483 matched the CN Market which returned -12.6% over the past year.

Price Volatility

Is 2483's price volatile compared to industry and market?
2483 volatility
2483 Average Weekly Movement6.2%
Machinery Industry Average Movement7.0%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.1%

Stable Share Price: 002483 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002483's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20032,969Jian Wuwww.rainbowco.com.cn

Jiangsu Rainbow Heavy Industries Co., Ltd. engages in equipment manufacturing, and energy conservation and environmental protection businesses worldwide. It provides a range of material handling equipment, offshore wind power equipment, ship supporting equipment, car parking equipment, engineering vessels, and other related products.

Jiangsu Rainbow Heavy Industries Co., Ltd. Fundamentals Summary

How do Jiangsu Rainbow Heavy Industries's earnings and revenue compare to its market cap?
2483 fundamental statistics
Market capCN¥4.43b
Earnings (TTM)CN¥75.77m
Revenue (TTM)CN¥7.44b

55.0x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2483 income statement (TTM)
RevenueCN¥7.44b
Cost of RevenueCN¥5.91b
Gross ProfitCN¥1.53b
Other ExpensesCN¥1.45b
EarningsCN¥75.77m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.085
Gross Margin20.57%
Net Profit Margin1.02%
Debt/Equity Ratio25.5%

How did 2483 perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

117%

Payout Ratio
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