company background image
002708 logo

Changzhou Nrb SZSE:002708 Stock Report

Last Price

CN¥9.30

Market Cap

CN¥5.2b

7D

2.9%

1Y

10.8%

Updated

29 Nov, 2024

Data

Company Financials

Changzhou Nrb Corporation

SZSE:002708 Stock Report

Market Cap: CN¥5.2b

002708 Stock Overview

Engages in the research, development, manufacture, and sale of auto precision bearing products in China and internationally. More details

002708 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Changzhou Nrb Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Changzhou Nrb
Historical stock prices
Current Share PriceCN¥9.30
52 Week HighCN¥11.98
52 Week LowCN¥5.32
Beta0.66
11 Month Change-9.18%
3 Month Change28.28%
1 Year Change10.85%
33 Year Change25.85%
5 Year Change23.51%
Change since IPO65.96%

Recent News & Updates

Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?

Oct 28
Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?

Changzhou Nrb Corporation's (SZSE:002708) Shares Climb 30% But Its Business Is Yet to Catch Up

Oct 28
Changzhou Nrb Corporation's (SZSE:002708) Shares Climb 30% But Its Business Is Yet to Catch Up

Risks To Shareholder Returns Are Elevated At These Prices For Changzhou Nrb Corporation (SZSE:002708)

Jul 12
Risks To Shareholder Returns Are Elevated At These Prices For Changzhou Nrb Corporation (SZSE:002708)

Recent updates

Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?

Oct 28
Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?

Changzhou Nrb Corporation's (SZSE:002708) Shares Climb 30% But Its Business Is Yet to Catch Up

Oct 28
Changzhou Nrb Corporation's (SZSE:002708) Shares Climb 30% But Its Business Is Yet to Catch Up

Risks To Shareholder Returns Are Elevated At These Prices For Changzhou Nrb Corporation (SZSE:002708)

Jul 12
Risks To Shareholder Returns Are Elevated At These Prices For Changzhou Nrb Corporation (SZSE:002708)

Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?

Jun 05
Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?

Changzhou Nrb Corporation's (SZSE:002708) 27% Price Boost Is Out Of Tune With Revenues

Mar 04
Changzhou Nrb Corporation's (SZSE:002708) 27% Price Boost Is Out Of Tune With Revenues

Shareholder Returns

002708CN MachineryCN Market
7D2.9%-3.6%-2.6%
1Y10.8%3.4%4.2%

Return vs Industry: 002708 exceeded the CN Machinery industry which returned 3.4% over the past year.

Return vs Market: 002708 exceeded the CN Market which returned 4.2% over the past year.

Price Volatility

Is 002708's price volatile compared to industry and market?
002708 volatility
002708 Average Weekly Movement9.2%
Machinery Industry Average Movement8.7%
Market Average Movement8.4%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.6%

Stable Share Price: 002708 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002708's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19943,636Chaoyang Wuwww.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

How do Changzhou Nrb's earnings and revenue compare to its market cap?
002708 fundamental statistics
Market capCN¥5.23b
Earnings (TTM)-CN¥13.95m
Revenue (TTM)CN¥2.23b

2.3x

P/S Ratio

-374.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002708 income statement (TTM)
RevenueCN¥2.23b
Cost of RevenueCN¥1.97b
Gross ProfitCN¥256.49m
Other ExpensesCN¥270.44m
Earnings-CN¥13.95m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.025
Gross Margin11.51%
Net Profit Margin-0.63%
Debt/Equity Ratio43.6%

How did 002708 perform over the long term?

See historical performance and comparison