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Luoyang Xinqianglian Slewing Bearing XSEC:300850 Stock Report

Last Price

CN¥19.80

Market Cap

CN¥7.1b

7D

42.9%

1Y

-36.1%

Updated

30 Sep, 2024

Data

Company Financials +

Luoyang Xinqianglian Slewing Bearing Co., Ltd.

XSEC:300850 Stock Report

Market Cap: CN¥7.1b

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¥19.80
52 Week HighCN¥38.40
52 Week LowCN¥13.68
Beta-0.0067
11 Month Change32.98%
3 Month Change31.21%
1 Year Change-36.15%
33 Year Change-81.29%
5 Year Changen/a
Change since IPO-61.44%

Recent News & Updates

Recent updates

Shareholder Returns

300850CN MachineryCN Market
7D42.9%13.2%15.4%
1Y-36.1%-9.8%-7.9%

Return vs Industry: 300850 underperformed the CN Machinery industry which returned -9.8% over the past year.

Return vs Market: 300850 underperformed the CN Market which returned -7.9% over the past year.

Price Volatility

Is 300850's price volatile compared to industry and market?
300850 volatility
300850 Average Weekly Movement10.2%
Machinery Industry Average Movement5.6%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.5%
10% least volatile stocks in CN Market3.9%

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

Volatility Over Time: 300850's weekly volatility (10%) 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¥7.10b
Earnings (TTM)CN¥173.38m
Revenue (TTM)CN¥2.67b

41.0x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
300850 income statement (TTM)
RevenueCN¥2.67b
Cost of RevenueCN¥2.09b
Gross ProfitCN¥579.56m
Other ExpensesCN¥406.18m
EarningsCN¥173.38m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 30, 2024

Earnings per share (EPS)0.48
Gross Margin21.74%
Net Profit Margin6.50%
Debt/Equity Ratio67.5%

How did 300850 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

21%

Payout Ratio