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HIT Welding IndustryLtd SZSE:301137 Stock Report

Last Price

CN¥19.86

Market Cap

CN¥3.6b

7D

11.4%

1Y

16.0%

Updated

24 Dec, 2024

Data

Company Financials

HIT Welding Industry Co.,Ltd

SZSE:301137 Stock Report

Market Cap: CN¥3.6b

301137 Stock Overview

Engages in the research, development, production, and sales of various welding material in China. More details

301137 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

HIT Welding Industry Co.,Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for HIT Welding IndustryLtd
Historical stock prices
Current Share PriceCN¥19.86
52 Week HighCN¥23.87
52 Week LowCN¥10.57
Beta1.1
1 Month Change11.39%
3 Month Change23.51%
1 Year Change16.00%
3 Year Changen/a
5 Year Changen/a
Change since IPO-16.10%

Recent News & Updates

HIT Welding IndustryLtd's (SZSE:301137) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 01
HIT Welding IndustryLtd's (SZSE:301137) Shareholders Have More To Worry About Than Only Soft Earnings

Be Wary Of HIT Welding IndustryLtd (SZSE:301137) And Its Returns On Capital

Oct 23
Be Wary Of HIT Welding IndustryLtd (SZSE:301137) And Its Returns On Capital

Recent updates

HIT Welding IndustryLtd's (SZSE:301137) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 01
HIT Welding IndustryLtd's (SZSE:301137) Shareholders Have More To Worry About Than Only Soft Earnings

Be Wary Of HIT Welding IndustryLtd (SZSE:301137) And Its Returns On Capital

Oct 23
Be Wary Of HIT Welding IndustryLtd (SZSE:301137) And Its Returns On Capital

HIT Welding Industry Co.,Ltd's (SZSE:301137) Shares Climb 30% But Its Business Is Yet to Catch Up

Sep 26
HIT Welding Industry Co.,Ltd's (SZSE:301137) Shares Climb 30% But Its Business Is Yet to Catch Up

HIT Welding IndustryLtd's (SZSE:301137) Dividend Will Be Increased To CN¥0.128

Jun 24
HIT Welding IndustryLtd's (SZSE:301137) Dividend Will Be Increased To CN¥0.128

Returns On Capital At HIT Welding IndustryLtd (SZSE:301137) Paint A Concerning Picture

Mar 28
Returns On Capital At HIT Welding IndustryLtd (SZSE:301137) Paint A Concerning Picture

Shareholder Returns

301137CN MachineryCN Market
7D11.4%-3.0%-2.1%
1Y16.0%8.4%9.8%

Return vs Industry: 301137 exceeded the CN Machinery industry which returned 8.4% over the past year.

Return vs Market: 301137 exceeded the CN Market which returned 9.8% over the past year.

Price Volatility

Is 301137's price volatile compared to industry and market?
301137 volatility
301137 Average Weekly Movement10.3%
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: 301137 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 301137's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996820Quanfa Zhouwww.htw.cn

HIT Welding Industry Co.,Ltd engages in the research, development, production, and sales of various welding material in China. The company offers gas shielding and submerged arc welding wires; mobile rail flash welding machines; trackless autonomous crawling arc welding robot machines; quantong stainless steel and aluminum welding wires; and arc light electric welding electrodes. It also provides flux-cored wires, low alloy steel welding wires, electroless copper plating welding wires, welding strips, and welding fittings.

HIT Welding Industry Co.,Ltd Fundamentals Summary

How do HIT Welding IndustryLtd's earnings and revenue compare to its market cap?
301137 fundamental statistics
Market capCN¥3.61b
Earnings (TTM)CN¥44.03m
Revenue (TTM)CN¥1.53b

82.0x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301137 income statement (TTM)
RevenueCN¥1.53b
Cost of RevenueCN¥1.36b
Gross ProfitCN¥167.69m
Other ExpensesCN¥123.66m
EarningsCN¥44.03m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.24
Gross Margin10.96%
Net Profit Margin2.88%
Debt/Equity Ratio17.6%

How did 301137 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

53%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 22:27
End of Day Share Price 2024/12/24 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

HIT Welding Industry Co.,Ltd is covered by 0 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