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Luoyang Xinqianglian Slewing Bearing SZSE:300850 Stock Report

Last Price

CN¥19.98

Market Cap

CN¥7.2b

7D

-5.7%

1Y

-51.0%

Updated

26 Apr, 2024

Data

Company Financials +

Luoyang Xinqianglian Slewing Bearing Co., Ltd.

SZSE:300850 Stock Report

Market Cap: CN¥7.2b

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¥19.98
52 Week HighCN¥41.78
52 Week LowCN¥18.40
Beta0.096
1 Month Change-13.88%
3 Month Change-23.54%
1 Year Change-50.99%
3 Year Change-58.84%
5 Year Changen/a
Change since IPO103.96%

Recent News & Updates

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

Recent updates

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-5.7%-1.4%-0.3%
1Y-51.0%-7.4%-14.6%

Return vs Industry: 300850 underperformed the CN Machinery industry which returned -7.4% over the past year.

Return vs Market: 300850 underperformed the CN Market which returned -14.6% over the past year.

Price Volatility

Is 300850's price volatile compared to industry and market?
300850 volatility
300850 Average Weekly Movement7.7%
Machinery Industry Average Movement9.7%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.2%

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

Volatility Over Time: 300850's weekly volatility (8%) has been stable over the past year.

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¥7.17b
Earnings (TTM)CN¥278.74m
Revenue (TTM)CN¥2.76b

25.7x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300850 income statement (TTM)
RevenueCN¥2.76b
Cost of RevenueCN¥2.08b
Gross ProfitCN¥684.64m
Other ExpensesCN¥405.90m
EarningsCN¥278.74m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.78
Gross Margin24.77%
Net Profit Margin10.08%
Debt/Equity Ratio67.6%

How did 300850 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

13%

Payout Ratio
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