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Wuxi Xinhongye Wire & Cable SZSE:301310 Stock Report

Last Price

CN¥20.36

Market Cap

CN¥2.8b

7D

-6.2%

1Y

-49.8%

Updated

22 Aug, 2024

Data

Company Financials +

Wuxi Xinhongye Wire & Cable Co., Ltd.

SZSE:301310 Stock Report

Market Cap: CN¥2.8b

301310 Stock Overview

Researches and produces electrical equipment connecting wires, PV cables, new-energy automotive cables, locomotive cables, motors wires, and other electric wire harness products.

301310 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance1/6
Financial Health5/6
Dividends3/6

Wuxi Xinhongye Wire & Cable Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Wuxi Xinhongye Wire & Cable
Historical stock prices
Current Share PriceCN¥20.36
52 Week HighCN¥44.99
52 Week LowCN¥19.69
Beta0
11 Month Change-3.64%
3 Month Change-20.07%
1 Year Change-49.83%
33 Year Changen/a
5 Year Changen/a
Change since IPO-56.65%

Recent News & Updates

There Are Some Holes In Wuxi Xinhongye Wire & Cable's (SZSE:301310) Solid Earnings Release

Aug 22
There Are Some Holes In Wuxi Xinhongye Wire & Cable's (SZSE:301310) Solid Earnings Release

Wuxi Xinhongye Wire & Cable (SZSE:301310) May Have Issues Allocating Its Capital

Jun 24
Wuxi Xinhongye Wire & Cable (SZSE:301310) May Have Issues Allocating Its Capital

Recent updates

There Are Some Holes In Wuxi Xinhongye Wire & Cable's (SZSE:301310) Solid Earnings Release

Aug 22
There Are Some Holes In Wuxi Xinhongye Wire & Cable's (SZSE:301310) Solid Earnings Release

Wuxi Xinhongye Wire & Cable (SZSE:301310) May Have Issues Allocating Its Capital

Jun 24
Wuxi Xinhongye Wire & Cable (SZSE:301310) May Have Issues Allocating Its Capital

Shareholder Returns

301310CN ElectricalCN Market
7D-6.2%-2.2%-2.8%
1Y-49.8%-20.4%-18.4%

Return vs Industry: 301310 underperformed the CN Electrical industry which returned -20.5% over the past year.

Return vs Market: 301310 underperformed the CN Market which returned -17.4% over the past year.

Price Volatility

Is 301310's price volatile compared to industry and market?
301310 volatility
301310 Average Weekly Movement5.5%
Electrical Industry Average Movement5.9%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.7%

Stable Share Price: 301310's share price has been volatile over the past 3 months.

Volatility Over Time: 301310's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004621Xiaohua Puwww.xhycable.com

Wuxi Xinhongye Wire & Cable Co., Ltd. researches and produces electrical equipment connecting wires, PV cables, new-energy automotive cables, locomotive cables, motors wires, and other electric wire harness products. The company’s products include EV cables, PV cables, electrical wires, and robot cables.

Wuxi Xinhongye Wire & Cable Co., Ltd. Fundamentals Summary

How do Wuxi Xinhongye Wire & Cable's earnings and revenue compare to its market cap?
301310 fundamental statistics
Market capCN¥2.77b
Earnings (TTM)CN¥155.93m
Revenue (TTM)CN¥2.13b

17.7x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301310 income statement (TTM)
RevenueCN¥2.13b
Cost of RevenueCN¥1.88b
Gross ProfitCN¥255.37m
Other ExpensesCN¥99.44m
EarningsCN¥155.93m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.15
Gross Margin11.97%
Net Profit Margin7.31%
Debt/Equity Ratio3.6%

How did 301310 perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

69%

Payout Ratio