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Xinxing Ductile Iron Pipes SZSE:000778 Stock Report

Last Price

CN¥3.77

Market Cap

CN¥15.0b

7D

-1.6%

1Y

-19.3%

Updated

03 May, 2024

Data

Company Financials +

Xinxing Ductile Iron Pipes Co., Ltd.

SZSE:000778 Stock Report

Market Cap: CN¥15.0b

Xinxing Ductile Iron Pipes Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Xinxing Ductile Iron Pipes
Historical stock prices
Current Share PriceCN¥3.77
52 Week HighCN¥4.82
52 Week LowCN¥3.45
Beta0.41
1 Month Change-6.45%
3 Month Change4.72%
1 Year Change-19.27%
3 Year Change-11.71%
5 Year Change-15.85%
Change since IPO3.02%

Recent News & Updates

Xinxing Ductile Iron Pipes' (SZSE:000778) Shareholders Have More To Worry About Than Only Soft Earnings

May 02
Xinxing Ductile Iron Pipes' (SZSE:000778) Shareholders Have More To Worry About Than Only Soft Earnings

Downgrade: Here's How Analysts See Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778) Performing In The Near Term

Apr 17
Downgrade: Here's How Analysts See Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778) Performing In The Near Term

Recent updates

Xinxing Ductile Iron Pipes' (SZSE:000778) Shareholders Have More To Worry About Than Only Soft Earnings

May 02
Xinxing Ductile Iron Pipes' (SZSE:000778) Shareholders Have More To Worry About Than Only Soft Earnings

Downgrade: Here's How Analysts See Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778) Performing In The Near Term

Apr 17
Downgrade: Here's How Analysts See Xinxing Ductile Iron Pipes Co., Ltd. (SZSE:000778) Performing In The Near Term

Shareholder Returns

778CN Metals and MiningCN Market
7D-1.6%0.9%2.9%
1Y-19.3%-5.4%-13.2%

Return vs Industry: 000778 underperformed the CN Metals and Mining industry which returned -5.4% over the past year.

Return vs Market: 000778 underperformed the CN Market which returned -13.2% over the past year.

Price Volatility

Is 778's price volatile compared to industry and market?
778 volatility
778 Average Weekly Movement3.4%
Metals and Mining Industry Average Movement7.5%
Market Average Movement8.5%
10% most volatile stocks in CN Market12.5%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 000778 has not had significant price volatility in the past 3 months.

Volatility Over Time: 000778's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197114,004Tao Liuwww.xinxing-pipes.com

Xinxing Ductile Iron Pipes Co., Ltd. provides steel and iron products in China. It offers ductile iron pipes and pipe fittings, steel smelting and rolling products, casting products, steel-plastic composite pipes, steel grating, and special steel pipes; emerging cast pipes for water supply, drainage, industrial and mining water, and seawater desalination; emerging steel products, including ordinary steel, and special steel and other varieties; hot-rolled ribbed steel bars; and cold heading steel, steel strand, ball grinding steel, bearing steel, fastener steel, and other special steel wire and bar products.

Xinxing Ductile Iron Pipes Co., Ltd. Fundamentals Summary

How do Xinxing Ductile Iron Pipes's earnings and revenue compare to its market cap?
778 fundamental statistics
Market capCN¥15.03b
Earnings (TTM)CN¥1.18b
Revenue (TTM)CN¥40.53b

12.7x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
778 income statement (TTM)
RevenueCN¥40.53b
Cost of RevenueCN¥38.13b
Gross ProfitCN¥2.40b
Other ExpensesCN¥1.22b
EarningsCN¥1.18b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin5.91%
Net Profit Margin2.91%
Debt/Equity Ratio49.4%

How did 778 perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

20%

Payout Ratio
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