002708 Stock Overview
Engages in the research, development, manufacture, and sale of auto precision bearing products in China and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Changzhou Nrb Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥7.12 |
| 52 Week High | CN¥11.98 |
| 52 Week Low | CN¥5.32 |
| Beta | 0.71 |
| 11 Month Change | -7.65% |
| 3 Month Change | -21.15% |
| 1 Year Change | -7.29% |
| 33 Year Change | 18.86% |
| 5 Year Change | -14.73% |
| Change since IPO | 27.05% |
Recent News & Updates
Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?
Jun 05
Changzhou Nrb Corporation's (SZSE:002708) 27% Price Boost Is Out Of Tune With Revenues
Mar 04Shareholder Returns
| 002708 | CN Machinery | CN Market | |
|---|---|---|---|
| 7D | -2.6% | -2.4% | -1.5% |
| 1Y | -7.3% | -21.2% | -18.3% |
Return vs Industry: 002708 exceeded the CN Machinery industry which returned -20.7% over the past year.
Return vs Market: 002708 exceeded the CN Market which returned -18.5% over the past year.
Price Volatility
| 002708 volatility | |
|---|---|
| 002708 Average Weekly Movement | 8.9% |
| Machinery Industry Average Movement | 7.0% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in CN Market | 10.1% |
| 10% least volatile stocks in CN Market | 4.2% |
Stable Share Price: 002708's share price has been volatile over the past 3 months.
Volatility Over Time: 002708's weekly volatility (9%) 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¥4.05b |
| Earnings (TTM) | -CN¥84.36m |
| Revenue (TTM) | CN¥2.04b |
2.0x
P/S Ratio-47.4x
P/E RatioIs 002708 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 002708 income statement (TTM) | |
|---|---|
| Revenue | CN¥2.04b |
| Cost of Revenue | CN¥1.84b |
| Gross Profit | CN¥198.40m |
| Other Expenses | CN¥282.76m |
| Earnings | -CN¥84.36m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Aug 29, 2024
| Earnings per share (EPS) | -0.15 |
| Gross Margin | 9.73% |
| Net Profit Margin | -4.14% |
| Debt/Equity Ratio | 37.6% |
How did 002708 perform over the long term?
See historical performance and comparison