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Fujian Newchoice Pipe Technology SZSE:300198 Stock Report

Last Price

CN¥1.38

Market Cap

CN¥1.4b

7D

14.0%

1Y

-57.0%

Updated

29 Jul, 2024

Data

Company Financials

Fujian Newchoice Pipe Technology Co., Ltd.

SZSE:300198 Stock Report

Market Cap: CN¥1.4b

Fujian Newchoice Pipe Technology Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fujian Newchoice Pipe Technology
Historical stock prices
Current Share PriceCN¥1.38
52 Week HighCN¥3.44
52 Week LowCN¥1.01
Beta0.47
11 Month Change25.45%
3 Month Change-12.66%
1 Year Change-57.01%
33 Year Change-67.68%
5 Year Change-58.56%
Change since IPO-53.81%

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
7D14.0%-1.8%-2.8%
1Y-57.0%-35.7%-21.0%

Return vs Industry: 300198 underperformed the CN Building industry which returned -35.7% over the past year.

Return vs Market: 300198 underperformed the CN Market which returned -21% over the past year.

Price Volatility

Is 300198's price volatile compared to industry and market?
300198 volatility
300198 Average Weekly Movement11.5%
Building Industry Average Movement5.7%
Market Average Movement5.8%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 300198 has not had significant price volatility in the past 3 months.

Volatility Over Time: 300198's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
2003548n/awww.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¥1.42b
Earnings (TTM)-CN¥319.79m
Revenue (TTM)CN¥375.22m

3.8x

P/S Ratio

-4.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300198 income statement (TTM)
RevenueCN¥375.22m
Cost of RevenueCN¥344.66m
Gross ProfitCN¥30.56m
Other ExpensesCN¥350.35m
Earnings-CN¥319.79m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 27, 2024

Earnings per share (EPS)-0.31
Gross Margin8.14%
Net Profit Margin-85.23%
Debt/Equity Ratio157.8%

How did 300198 perform over the long term?

See historical performance and comparison
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