002708 Stock Overview
Engages in the research, development, manufacture, and sale of auto precision bearing products in China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Changzhou Nrb Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥9.19 |
| 52 Week High | CN¥12.50 |
| 52 Week Low | CN¥5.32 |
| Beta | 0.66 |
| 1 Month Change | -11.55% |
| 3 Month Change | 7.36% |
| 1 Year Change | 22.21% |
| 3 Year Change | 35.95% |
| 5 Year Change | 16.77% |
| Change since IPO | 63.99% |
Recent News & Updates
Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?
Oct 28
Changzhou Nrb Corporation's (SZSE:002708) Shares Climb 30% But Its Business Is Yet to Catch Up
Oct 28Recent updates
Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?
Oct 28Changzhou Nrb Corporation's (SZSE:002708) Shares Climb 30% But Its Business Is Yet to Catch Up
Oct 28Risks To Shareholder Returns Are Elevated At These Prices For Changzhou Nrb Corporation (SZSE:002708)
Jul 12Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?
Jun 05Changzhou Nrb Corporation's (SZSE:002708) 27% Price Boost Is Out Of Tune With Revenues
Mar 04Shareholder Returns
| 002708 | CN Machinery | CN Market | |
|---|---|---|---|
| 7D | -17.0% | -7.7% | -7.1% |
| 1Y | 22.2% | 1.7% | 3.9% |
Return vs Industry: 002708 exceeded the CN Machinery industry which returned 1.7% over the past year.
Return vs Market: 002708 exceeded the CN Market which returned 3.9% over the past year.
Price Volatility
| 002708 volatility | |
|---|---|
| 002708 Average Weekly Movement | 10.4% |
| Machinery Industry Average Movement | 8.5% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in CN Market | 12.2% |
| 10% least volatile stocks in CN Market | 5.1% |
Stable Share Price: 002708's share price has been volatile over the past 3 months compared to the CN market.
Volatility Over Time: 002708's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 3,636 | Chaoyang Wu | www.nrb.com.cn |
Changzhou Nrb Corporation engages in the research, development, manufacture, and sale of auto precision bearing products in China and internationally. The company’s primary products include needle roller bearings, roller bearings, clutch release bearings, and hub bearings. It also provides hydraulic clutch release, robot, single and double row cylindrical roller, push and pull type clutch release, single and double row tapered roller, deep groove ball, joint, and four-point contact ball bearings, as well as synchronizer intermediate ring and large size industrial bearings, and shaft sleeves.
Changzhou Nrb Corporation Fundamentals Summary
| 002708 fundamental statistics | |
|---|---|
| Market cap | CN¥5.17b |
| Earnings (TTM) | -CN¥13.95m |
| Revenue (TTM) | CN¥2.23b |
2.3x
P/S Ratio-370.4x
P/E RatioIs 002708 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 002708 income statement (TTM) | |
|---|---|
| Revenue | CN¥2.23b |
| Cost of Revenue | CN¥1.97b |
| Gross Profit | CN¥256.49m |
| Other Expenses | CN¥270.44m |
| Earnings | -CN¥13.95m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Apr 26, 2025
| Earnings per share (EPS) | -0.025 |
| Gross Margin | 11.51% |
| Net Profit Margin | -0.63% |
| Debt/Equity Ratio | 43.6% |
How did 002708 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 23:26 |
| End of Day Share Price | 2025/01/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Changzhou Nrb Corporation is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Liquan Huang | Founder Securities Co., Ltd. |
| Jiang Shao | Minsheng Securities Co. |
| Li Wu | Tianfeng Securities Brokerage Co., Ltd |