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Fujian Newchoice Pipe Technology SZSE:300198 Stock Report

Last Price

CN¥2.18

Market Cap

CN¥2.2b

7D

-16.5%

1Y

-18.4%

Updated

26 Dec, 2024

Data

Company Financials

Fujian Newchoice Pipe Technology Co., Ltd.

SZSE:300198 Stock Report

Market Cap: CN¥2.2b

My Notes

Capture your thoughts, links and company narrative

Fujian Newchoice Pipe Technology Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fujian Newchoice Pipe Technology
Historical stock prices
Current Share PriceCN¥2.18
52 Week HighCN¥3.48
52 Week LowCN¥1.01
Beta0.58
1 Month Change-6.84%
3 Month Change34.57%
1 Year Change-18.35%
3 Year Change-44.81%
5 Year Change-51.66%
Change since IPO-27.04%

Recent News & Updates

Fujian Newchoice Pipe Technology Co., Ltd.'s (SZSE:300198) 25% Price Boost Is Out Of Tune With Revenues

Jul 29
Fujian Newchoice Pipe Technology Co., Ltd.'s (SZSE:300198) 25% Price Boost Is Out Of Tune With Revenues

Fujian Newchoice Pipe Technology Co., Ltd.'s (SZSE:300198) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Jun 05
Fujian Newchoice Pipe Technology Co., Ltd.'s (SZSE:300198) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Recent updates

Fujian Newchoice Pipe Technology Co., Ltd.'s (SZSE:300198) 25% Price Boost Is Out Of Tune With Revenues

Jul 29
Fujian Newchoice Pipe Technology Co., Ltd.'s (SZSE:300198) 25% Price Boost Is Out Of Tune With Revenues

Fujian Newchoice Pipe Technology Co., Ltd.'s (SZSE:300198) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Jun 05
Fujian Newchoice Pipe Technology Co., Ltd.'s (SZSE:300198) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Risks Still Elevated At These Prices As Fujian Newchoice Pipe Technology Co., Ltd. (SZSE:300198) Shares Dive 33%

Apr 16
Risks Still Elevated At These Prices As Fujian Newchoice Pipe Technology Co., Ltd. (SZSE:300198) Shares Dive 33%

Fujian Newchoice Pipe Technology Co., Ltd.'s (SZSE:300198) Price Is Out Of Tune With Revenues

Feb 29
Fujian Newchoice Pipe Technology Co., Ltd.'s (SZSE:300198) Price Is Out Of Tune With Revenues

Shareholder Returns

300198CN BuildingCN Market
7D-16.5%-2.3%-1.0%
1Y-18.4%-6.8%10.8%

Return vs Industry: 300198 underperformed the CN Building industry which returned -6.8% over the past year.

Return vs Market: 300198 underperformed the CN Market which returned 10.8% over the past year.

Price Volatility

Is 300198's price volatile compared to industry and market?
300198 volatility
300198 Average Weekly Movement14.1%
Building Industry Average Movement7.9%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 300198's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 300198's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
2003548Xiao Hui Wuwww.nachuan.com

Fujian Newchoice Pipe Technology Co., Ltd. engages in the research, development, production, and sale of water supply and drainage pipes in China and internationally. It offers pipe products, such as high-density polyethylene (HDPE) winding reinforced pipes, steel-framed polyethylene plastic composite pipes, green environmental protection solid wall pipes, glass fiber reinforced continuous winding pipes, FRP reinforced pipes, and various pipe fittings, etc., as well as urban underground pipe networks and sewage treatment for use in municipal works, nuclear power and thermal power plants, petrochemical industries, and transportation hubs, etc. The company provides new energy automobile products and services consisting of power assemblies, lithium batteries and systems, and leasing services for cargo vans, coaches, and passenger cars.

Fujian Newchoice Pipe Technology Co., Ltd. Fundamentals Summary

How do Fujian Newchoice Pipe Technology's earnings and revenue compare to its market cap?
300198 fundamental statistics
Market capCN¥2.24b
Earnings (TTM)-CN¥329.25m
Revenue (TTM)CN¥228.37m

9.8x

P/S Ratio

-6.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300198 income statement (TTM)
RevenueCN¥228.37m
Cost of RevenueCN¥208.48m
Gross ProfitCN¥19.89m
Other ExpensesCN¥349.14m
Earnings-CN¥329.25m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.32
Gross Margin8.71%
Net Profit Margin-144.17%
Debt/Equity Ratio165.7%

How did 300198 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 09:09
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Fujian Newchoice Pipe Technology Co., Ltd. is covered by 9 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.

AnalystInstitution
Chao FanChangjiang Securities Co. LTD.
Zhenghua ZhangFounder Securities Co., Ltd.
Xian Dong ZhaoGuodu Securities Co.