How does 600577's PE Ratio compare to its peers?

600577 is good value based on its Price-To-Earnings Ratio (22.4x) compared to the peer average (47.9x).

How does 600577's PE Ratio compare vs other companies in the CN Electrical Industry?

600577 is good value based on its Price-To-Earnings Ratio (22.4x) compared to the CN Electrical industry average (35.5x).

What is 600577's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

600577 is expensive based on its Price-To-Earnings Ratio (22.4x) compared to the estimated Fair Price-To-Earnings Ratio (19.3x).

What is the Fair Price of 600577 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

600577 (CN¥5.65) is trading above our estimate of [[fair value]] (CN¥2.45)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Tongling Jingda Special Magnet Wire (XSSC:600577) - Stock Price, News & Analysis

600577 Stock Overview

Tongling Jingda Special Magnet Wire Co., Ltd.

About the company

600577 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	5/6
Financial Health	3/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (22.4x) is below the CN market (34.4x)

Earnings are forecast to grow 12.04% per year

Earnings grew by 25.2% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 1.42% is not well covered by free cash flows

Tongling Jingda Special Magnet Wire Co., Ltd. Competitors

Qingdao Hanhe CableLtd

SZSE:002498

CN¥11.6b

Shenzhen Zhaowei Machinery & Electronics

SZSE:003021

CN¥12.7b

Keli Sensing Technology (Ningbo)Ltd

SHSE:603662

CN¥11.3b

Motic (Xiamen) Electric GroupLtd

SZSE:300341

CN¥12.7b

Price History & Performance

Summary of all time highs, changes and price drops for Tongling Jingda Special Magnet Wire
Historical stock prices
Current Share Price	CN¥5.65
52 Week High	CN¥6.26
52 Week Low	CN¥3.03
Beta	0.47
11 Month Change	7.82%
3 Month Change	22.83%
1 Year Change	35.49%
33 Year Change	-36.87%
5 Year Change	115.65%
Change since IPO	63.29%

Recent updates

Shareholder Returns

	600577	CN Electrical	CN Market
7D	-5.0%	-1.2%	-0.7%
1Y	35.5%	8.3%	3.0%

Return vs Industry: 600577 exceeded the CN Electrical industry which returned 8.3% over the past year.

Return vs Market: 600577 exceeded the CN Market which returned 3% over the past year.

Price Volatility

Is 600577's price volatile compared to industry and market?
600577 volatility
600577 Average Weekly Movement	9.5%
Electrical Industry Average Movement	8.2%
Market Average Movement	7.9%
10% most volatile stocks in CN Market	12.0%
10% least volatile stocks in CN Market	5.4%

Stable Share Price: 600577 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600577's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1990	3,557	n/a	www.jingda.cn

Tongling Jingda Special Magnet Wire Co., Ltd. manufactures and sells special magnet wires in China. The company offers round polyimide, polyamide-imide, self-lubricated multi-layer composite, solderable polyester, and polyvinyl formal (PVF) enameled copper wires; round enameled copper wires for DC inverter compressors; round multi-layer composite enameled copper wires for compressor of HFC air-conditioners; and round composite enameled copper wires for R134a compressors.

Tongling Jingda Special Magnet Wire Co., Ltd. Fundamentals Summary

How do Tongling Jingda Special Magnet Wire's earnings and revenue compare to its market cap?
600577 fundamental statistics
Market cap	CN¥11.91b
Earnings (TTM)	CN¥531.60m
Revenue (TTM)	CN¥20.85b

22.4x

P/E Ratio

0.6x

P/S Ratio

Is 600577 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600577 income statement (TTM)
Revenue	CN¥20.85b
Cost of Revenue	CN¥19.60b
Gross Profit	CN¥1.24b
Other Expenses	CN¥713.09m
Earnings	CN¥531.60m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.25
Gross Margin	5.97%
Net Profit Margin	2.55%
Debt/Equity Ratio	82.4%

How did 600577 perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

65%

Payout Ratio

600577 Stock Overview

Rewards

Risk Analysis

Tongling Jingda Special Magnet Wire Co., Ltd. Competitors

SZSE:002498

CN¥11.6b

SZSE:003021

CN¥12.7b

SHSE:603662

CN¥11.3b

SZSE:300341

CN¥12.7b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.05 in 3Q 2023)

Investor sentiment improves as stock rises 18%

Tongling Jingda Special Magnet Wire Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorates as stock falls 16%

New major risk - Financial position

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.05 in 3Q 2023)

Investor sentiment improves as stock rises 18%

Tongling Jingda Special Magnet Wire Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorates as stock falls 16%

New major risk - Financial position

Investor sentiment improves as stock rises 17%

Tongling Jingda Special Magnet Wire Co., Ltd. to Report First Half, 2024 Results on Aug 16, 2024

First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.05 in 1Q 2023)

Dividend of CN¥0.13 announced

Tongling Jingda Special Magnet Wire Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Investor sentiment improves as stock rises 21%

Tongling Jingda Special Magnet Wire Co., Ltd., Annual General Meeting, Apr 09, 2024

Full year 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.19 in FY 2022)

Investor sentiment deteriorates as stock falls 18%

Tongling Jingda Special Magnet Wire Co., Ltd. to Report Fiscal Year 2023 Results on Feb 28, 2024

Third quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.043 in 3Q 2022)

Tongling Jingda Special Magnet Wire Co., Ltd. to Report Q3, 2023 Results on Oct 24, 2023

Second quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.035 in 2Q 2022)

Tongling Jingda Special Magnet Wire Co., Ltd. to Report First Half, 2023 Results on Aug 15, 2023

Full year 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.28 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.043 (vs CN¥0.075 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.035 (vs CN¥0.083 in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: CN¥0.06 (vs CN¥0.059 in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: EPS: CN¥0.28 (vs CN¥0.22 in FY 2020)

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS CN¥0.075 (vs CN¥0.07 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS CN¥0.083 (vs CN¥0.055 in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Tongling Jingda Special Magnet Wire Co., Ltd. announced that it expects to receive CNY 299.999999 million in funding

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥0.059 (vs CN¥0.034 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.22 (vs CN¥0.23 in FY 2019)

Investor sentiment improved over the past week

New 90-day low: CN¥2.80

Tongling Jingda Special Magnet Wire Co., Ltd. to Report Fiscal Year 2020 Results on Mar 16, 2021

New 90-day low: CN¥3.06

New 90-day low: CN¥3.16

Third quarter earnings released

New 90-day low: CN¥3.26

Tongling Jingda Special Magnet Wire Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020

First half earnings released

Tongling Jingda Special Magnet Wire Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020

Shareholder Returns

Price Volatility

About the Company

Tongling Jingda Special Magnet Wire Co., Ltd. Fundamentals Summary

22.4x

0.6x

Earnings & Revenue

Dividends