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HIT Welding IndustryLtd SZSE:301137 Stock Report

Last Price

CN¥14.60

Market Cap

CN¥2.7b

7D

3.6%

1Y

-2.8%

Updated

10 Aug, 2024

Data

Company Financials

HIT Welding Industry Co.,Ltd

SZSE:301137 Stock Report

Market Cap: CN¥2.7b

301137 Stock Overview

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

301137 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends2/6

HIT Welding Industry Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for HIT Welding IndustryLtd
Historical stock prices
Current Share PriceCN¥14.60
52 Week HighCN¥25.50
52 Week LowCN¥10.57
Beta0.74
11 Month Change2.60%
3 Month Change0.068%
1 Year Change-2.80%
33 Year Changen/a
5 Year Changen/a
Change since IPO-38.32%

Recent News & Updates

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

Recent updates

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
7D3.6%-3.1%-1.6%
1Y-2.8%-17.5%-19.6%

Return vs Industry: 301137 exceeded the CN Machinery industry which returned -17.5% over the past year.

Return vs Market: 301137 exceeded the CN Market which returned -19.6% over the past year.

Price Volatility

Is 301137's price volatile compared to industry and market?
301137 volatility
301137 Average Weekly Movement6.2%
Machinery Industry Average Movement5.8%
Market Average Movement5.7%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.8%

Stable Share Price: 301137 has not had significant price volatility in the past 3 months.

Volatility Over Time: 301137's weekly volatility (6%) 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¥2.65b
Earnings (TTM)CN¥58.60m
Revenue (TTM)CN¥1.56b

45.3x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301137 income statement (TTM)
RevenueCN¥1.56b
Cost of RevenueCN¥1.39b
Gross ProfitCN¥169.95m
Other ExpensesCN¥111.35m
EarningsCN¥58.60m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 21, 2024

Earnings per share (EPS)0.32
Gross Margin10.88%
Net Profit Margin3.75%
Debt/Equity Ratio20.1%

How did 301137 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

40%

Payout Ratio
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