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Luoyang Xinqianglian Slewing Bearing SZSE:300850 Stock Report

Last Price

CN¥23.14

Market Cap

CN¥8.3b

7D

-3.0%

1Y

-30.4%

Updated

24 Nov, 2024

Data

Company Financials +

Luoyang Xinqianglian Slewing Bearing Co., Ltd.

SZSE:300850 Stock Report

Market Cap: CN¥8.3b

300850 Stock Overview

Luoyang Xinqianglian Slewing Bearing Co., Ltd. More details

300850 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Luoyang Xinqianglian Slewing Bearing Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Luoyang Xinqianglian Slewing Bearing
Historical stock prices
Current Share PriceCN¥23.14
52 Week HighCN¥33.98
52 Week LowCN¥13.68
Beta0.11
11 Month Change4.61%
3 Month Change59.81%
1 Year Change-30.43%
33 Year Change-81.40%
5 Year Changen/a
Change since IPO136.22%

Recent News & Updates

Market Participants Recognise Luoyang Xinqianglian Slewing Bearing Co., Ltd.'s (SZSE:300850) Earnings Pushing Shares 53% Higher

Oct 08
Market Participants Recognise Luoyang Xinqianglian Slewing Bearing Co., Ltd.'s (SZSE:300850) Earnings Pushing Shares 53% Higher

Recent updates

Market Participants Recognise Luoyang Xinqianglian Slewing Bearing Co., Ltd.'s (SZSE:300850) Earnings Pushing Shares 53% Higher

Oct 08
Market Participants Recognise Luoyang Xinqianglian Slewing Bearing Co., Ltd.'s (SZSE:300850) Earnings Pushing Shares 53% Higher

Investors Could Be Concerned With Luoyang Xinqianglian Slewing Bearing's (SZSE:300850) Returns On Capital

Aug 18
Investors Could Be Concerned With Luoyang Xinqianglian Slewing Bearing's (SZSE:300850) Returns On Capital

A Piece Of The Puzzle Missing From Luoyang Xinqianglian Slewing Bearing Co., Ltd.'s (SZSE:300850) 25% Share Price Climb

Jul 28
A Piece Of The Puzzle Missing From Luoyang Xinqianglian Slewing Bearing Co., Ltd.'s (SZSE:300850) 25% Share Price Climb

Luoyang Xinqianglian Slewing Bearing (SZSE:300850) Is Increasing Its Dividend To CN¥0.104

May 21
Luoyang Xinqianglian Slewing Bearing (SZSE:300850) Is Increasing Its Dividend To CN¥0.104

Shareholders In Luoyang Xinqianglian Slewing Bearing (SZSE:300850) Should Look Beyond Earnings For The Full Story

Apr 25
Shareholders In Luoyang Xinqianglian Slewing Bearing (SZSE:300850) Should Look Beyond Earnings For The Full Story

Market Cool On Luoyang Xinqianglian Slewing Bearing Co., Ltd.'s (SZSE:300850) Earnings

Apr 04
Market Cool On Luoyang Xinqianglian Slewing Bearing Co., Ltd.'s (SZSE:300850) Earnings

Shareholder Returns

300850CN MachineryCN Market
7D-3.0%-1.1%-2.1%
1Y-30.4%4.0%2.8%

Return vs Industry: 300850 underperformed the CN Machinery industry which returned 4% over the past year.

Return vs Market: 300850 underperformed the CN Market which returned 2.8% over the past year.

Price Volatility

Is 300850's price volatile compared to industry and market?
300850 volatility
300850 Average Weekly Movement12.3%
Machinery Industry Average Movement8.6%
Market Average Movement8.4%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 300850's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 300850's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
20051,818Gaoqiang Xiaowww.lyxqlbearing.com.cn

Luoyang Xinqianglian Slewing Bearing Co., Ltd. researches, develops, produces, and sells slewing bearings, shrink discs, and industrial forgings in China and internationally. The company offers single row tapered, triple-row, and double-row tapered roller main bearings, as well as individual triple-row roller pitch bearings and yaw bearings for wind turbine generators; tunnel boring machine main bearings; drive plates; large size slewing bearing for floating crane; and slewing bearing for ferris wheel.

Luoyang Xinqianglian Slewing Bearing Co., Ltd. Fundamentals Summary

How do Luoyang Xinqianglian Slewing Bearing's earnings and revenue compare to its market cap?
300850 fundamental statistics
Market capCN¥8.30b
Earnings (TTM)-CN¥804.81k
Revenue (TTM)CN¥2.70b

3.1x

P/S Ratio

9,999x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300850 income statement (TTM)
RevenueCN¥2.70b
Cost of RevenueCN¥2.19b
Gross ProfitCN¥507.00m
Other ExpensesCN¥507.81m
Earnings-CN¥804.81k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0022
Gross Margin18.80%
Net Profit Margin-0.03%
Debt/Equity Ratio56.6%

How did 300850 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

-4,477%

Payout Ratio