company background image
300307 logo

Ningbo CixingLtd SZSE:300307 Stock Report

Last Price

CN¥6.00

Market Cap

CN¥4.7b

7D

-0.3%

1Y

-4.0%

Updated

22 Jun, 2024

Data

Company Financials

Ningbo Cixing Co.,Ltd.

SZSE:300307 Stock Report

Market Cap: CN¥4.7b

300307 Stock Overview

Manufactures and sells knitting machinery in China and internationally.

300307 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

Ningbo Cixing Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ningbo CixingLtd
Historical stock prices
Current Share PriceCN¥6.00
52 Week HighCN¥9.72
52 Week LowCN¥3.79
Beta0.69
11 Month Change-6.69%
3 Month Change4.35%
1 Year Change-4.00%
33 Year Change-28.57%
5 Year Change-13.79%
Change since IPO-60.29%

Recent News & Updates

Ningbo Cixing Co.,Ltd. (SZSE:300307) Held Back By Insufficient Growth Even After Shares Climb 26%

May 13
Ningbo Cixing Co.,Ltd. (SZSE:300307) Held Back By Insufficient Growth Even After Shares Climb 26%

Impressive Earnings May Not Tell The Whole Story For Ningbo CixingLtd (SZSE:300307)

Apr 25
Impressive Earnings May Not Tell The Whole Story For Ningbo CixingLtd (SZSE:300307)

Recent updates

Ningbo Cixing Co.,Ltd. (SZSE:300307) Held Back By Insufficient Growth Even After Shares Climb 26%

May 13
Ningbo Cixing Co.,Ltd. (SZSE:300307) Held Back By Insufficient Growth Even After Shares Climb 26%

Impressive Earnings May Not Tell The Whole Story For Ningbo CixingLtd (SZSE:300307)

Apr 25
Impressive Earnings May Not Tell The Whole Story For Ningbo CixingLtd (SZSE:300307)

Ningbo Cixing Co.,Ltd.'s (SZSE:300307) Shareholders Might Be Looking For Exit

Feb 27
Ningbo Cixing Co.,Ltd.'s (SZSE:300307) Shareholders Might Be Looking For Exit

Shareholder Returns

300307CN MachineryCN Market
7D-0.3%-1.4%-1.9%
1Y-4.0%-16.2%-15.8%

Return vs Industry: 300307 exceeded the CN Machinery industry which returned -16.2% over the past year.

Return vs Market: 300307 exceeded the CN Market which returned -15.8% over the past year.

Price Volatility

Is 300307's price volatile compared to industry and market?
300307 volatility
300307 Average Weekly Movement9.3%
Machinery Industry Average Movement7.1%
Market Average Movement6.7%
10% most volatile stocks in CN Market10.1%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 300307's share price has been volatile over the past 3 months.

Volatility Over Time: 300307's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
19881,652Pingfan Sunwww.ci-xing.com

Ningbo Cixing Co.,Ltd. manufactures and sells knitting machinery in China and internationally. Its products include flat knitting machines, steiger, circular machines, computerized shoe machines, automated shoe-making production line, automatic ironing machines, industrial robots, etc. The company also provides after-sales and technical support services.

Ningbo Cixing Co.,Ltd. Fundamentals Summary

How do Ningbo CixingLtd's earnings and revenue compare to its market cap?
300307 fundamental statistics
Market capCN¥4.73b
Earnings (TTM)CN¥302.86m
Revenue (TTM)CN¥2.09b

15.6x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300307 income statement (TTM)
RevenueCN¥2.09b
Cost of RevenueCN¥1.50b
Gross ProfitCN¥593.56m
Other ExpensesCN¥290.70m
EarningsCN¥302.86m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.38
Gross Margin28.34%
Net Profit Margin14.46%
Debt/Equity Ratio12.1%

How did 300307 perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.