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Luoyang Xinqianglian Slewing Bearing XSEC:300850 Stock Report

Last Price

CN¥19.85

Market Cap

CN¥7.1b

7D

-5.6%

1Y

-36.7%

Updated

26 Dec, 2024

Data

Company Financials +

Luoyang Xinqianglian Slewing Bearing Co., Ltd.

XSEC:300850 Stock Report

Market Cap: CN¥7.1b

300850 Stock Overview

Luoyang Xinqianglian Slewing Bearing Co., Ltd. More details

300850 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Luoyang Xinqianglian Slewing Bearing Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Luoyang Xinqianglian Slewing Bearing
Historical stock prices
Current Share PriceCN¥19.85
52 Week HighCN¥32.30
52 Week LowCN¥13.68
Beta0.082
1 Month Change-16.07%
3 Month Change16.49%
1 Year Change-36.68%
3 Year Change-81.40%
5 Year Changen/a
Change since IPO-61.34%

Recent News & Updates

Recent updates

Shareholder Returns

300850CN MachineryCN Market
7D-5.6%-0.5%-0.5%
1Y-36.7%8.3%9.2%

Return vs Industry: 300850 underperformed the CN Machinery industry which returned 9% over the past year.

Return vs Market: 300850 underperformed the CN Market which returned 10.8% over the past year.

Price Volatility

Is 300850's price volatile compared to industry and market?
300850 volatility
300850 Average Weekly Movement12.2%
Machinery Industry Average Movement9.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
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¥7.12b
Earnings (TTM)-CN¥804.81k
Revenue (TTM)CN¥2.70b

2.6x

P/S Ratio

-8,848x

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

0.5%

Current Dividend Yield

-4,628%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 14:45
End of Day Share Price 2024/12/26 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

Luoyang Xinqianglian Slewing Bearing Co., Ltd. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yue LiCitic Securities Co., Ltd.
Dennis IpDaiwa Securities Co. Ltd.
Chao JiGoldman Sachs