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Zhejiang Changsheng Sliding Bearings SZSE:300718 Stock Report

Last Price

CN¥15.22

Market Cap

CN¥4.5b

7D

2.2%

1Y

-12.5%

Updated

02 May, 2024

Data

Company Financials +

Zhejiang Changsheng Sliding Bearings Co., Ltd.

SZSE:300718 Stock Report

Market Cap: CN¥4.5b

Zhejiang Changsheng Sliding Bearings Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Changsheng Sliding Bearings
Historical stock prices
Current Share PriceCN¥15.22
52 Week HighCN¥23.69
52 Week LowCN¥11.24
Beta-0.20
1 Month Change-10.68%
3 Month Change16.01%
1 Year Change-12.48%
3 Year Change16.72%
5 Year Change32.19%
Change since IPO69.11%

Recent News & Updates

Market Might Still Lack Some Conviction On Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Even After 28% Share Price Boost

Mar 07
Market Might Still Lack Some Conviction On Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Even After 28% Share Price Boost

Recent updates

Market Might Still Lack Some Conviction On Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Even After 28% Share Price Boost

Mar 07
Market Might Still Lack Some Conviction On Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Even After 28% Share Price Boost

Shareholder Returns

300718CN MachineryCN Market
7D2.2%1.4%3.1%
1Y-12.5%-6.3%-13.1%

Return vs Industry: 300718 underperformed the CN Machinery industry which returned -6.3% over the past year.

Return vs Market: 300718 matched the CN Market which returned -13.1% over the past year.

Price Volatility

Is 300718's price volatile compared to industry and market?
300718 volatility
300718 Average Weekly Movement7.5%
Machinery Industry Average Movement9.4%
Market Average Movement8.6%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 300718 has not had significant price volatility in the past 3 months.

Volatility Over Time: 300718's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19951,133Xiao Lin Luwww.csb.com.cn

Zhejiang Changsheng Sliding Bearings Co., Ltd. researches, develops, produces, and sells lubricated bearings in China. It offers self-lubricated bearings, including metal-polymer, metallic, non-metallic, and high-performance steel self-lubricated bearings; and metal-polymer and metallic marginal-lubricated bearings.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Fundamentals Summary

How do Zhejiang Changsheng Sliding Bearings's earnings and revenue compare to its market cap?
300718 fundamental statistics
Market capCN¥4.54b
Earnings (TTM)CN¥242.90m
Revenue (TTM)CN¥1.12b

18.7x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300718 income statement (TTM)
RevenueCN¥1.12b
Cost of RevenueCN¥734.73m
Gross ProfitCN¥388.43m
Other ExpensesCN¥145.52m
EarningsCN¥242.90m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.81
Gross Margin34.58%
Net Profit Margin21.63%
Debt/Equity Ratio7.7%

How did 300718 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

29%

Payout Ratio
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