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Ningbo CixingLtd SZSE:300307 Stock Report

Last Price

CN¥8.19

Market Cap

CN¥6.5b

7D

5.1%

1Y

34.3%

Updated

25 Dec, 2024

Data

Company Financials

Ningbo Cixing Co.,Ltd.

SZSE:300307 Stock Report

Market Cap: CN¥6.5b

300307 Stock Overview

Manufactures and sells knitting machinery in China and internationally. More details

300307 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Ningbo Cixing Co.,Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ningbo CixingLtd
Historical stock prices
Current Share PriceCN¥8.19
52 Week HighCN¥9.20
52 Week LowCN¥3.79
Beta0.68
1 Month Change4.73%
3 Month Change42.93%
1 Year Change34.26%
3 Year Change2.76%
5 Year Change87.84%
Change since IPO-45.80%

Recent News & Updates

Should You Be Adding Ningbo CixingLtd (SZSE:300307) To Your Watchlist Today?

Oct 24
Should You Be Adding Ningbo CixingLtd (SZSE:300307) To Your Watchlist Today?

Ningbo Cixing Co.,Ltd. (SZSE:300307) Shares Fly 51% But Investors Aren't Buying For Growth

Oct 08
Ningbo Cixing Co.,Ltd. (SZSE:300307) Shares Fly 51% But Investors Aren't Buying For Growth

We Think Ningbo CixingLtd (SZSE:300307) Can Stay On Top Of Its Debt

Oct 01
We Think Ningbo CixingLtd (SZSE:300307) Can Stay On Top Of Its Debt

Recent updates

Should You Be Adding Ningbo CixingLtd (SZSE:300307) To Your Watchlist Today?

Oct 24
Should You Be Adding Ningbo CixingLtd (SZSE:300307) To Your Watchlist Today?

Ningbo Cixing Co.,Ltd. (SZSE:300307) Shares Fly 51% But Investors Aren't Buying For Growth

Oct 08
Ningbo Cixing Co.,Ltd. (SZSE:300307) Shares Fly 51% But Investors Aren't Buying For Growth

We Think Ningbo CixingLtd (SZSE:300307) Can Stay On Top Of Its Debt

Oct 01
We Think Ningbo CixingLtd (SZSE:300307) Can Stay On Top Of Its Debt

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
7D5.1%0.09%0.4%
1Y34.3%11.4%12.3%

Return vs Industry: 300307 exceeded the CN Machinery industry which returned 11.4% over the past year.

Return vs Market: 300307 exceeded the CN Market which returned 12.3% over the past year.

Price Volatility

Is 300307's price volatile compared to industry and market?
300307 volatility
300307 Average Weekly Movement10.8%
Machinery Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 300307 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 300307's weekly volatility (11%) has been stable over the past year.

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¥6.45b
Earnings (TTM)CN¥306.31m
Revenue (TTM)CN¥2.10b

21.1x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300307 income statement (TTM)
RevenueCN¥2.10b
Cost of RevenueCN¥1.42b
Gross ProfitCN¥679.98m
Other ExpensesCN¥373.68m
EarningsCN¥306.31m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.39
Gross Margin32.44%
Net Profit Margin14.61%
Debt/Equity Ratio7.8%

How did 300307 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

25%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 01:32
End of Day Share Price 2024/12/25 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

Ningbo Cixing Co.,Ltd. is covered by 5 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
Jun LiuChangjiang Securities Co. LTD.
Jin Ju SunGuotai Junan Securities
Ming Xuan ShiIndustrial Securities Co. Ltd.