002478 Stock Overview
Manufactures and sells steel tubes in the People’s Republic of China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Jiangsu Changbao Steeltube Co.,Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥5.42 |
| 52 Week High | CN¥6.89 |
| 52 Week Low | CN¥4.33 |
| Beta | 0.32 |
| 1 Month Change | 4.43% |
| 3 Month Change | 22.62% |
| 1 Year Change | 0.56% |
| 3 Year Change | 26.93% |
| 5 Year Change | -6.55% |
| Change since IPO | -39.00% |
Recent News & Updates
Here's Why Jiangsu Changbao SteeltubeLtd (SZSE:002478) Can Manage Its Debt Responsibly
Oct 15
Estimating The Intrinsic Value Of Jiangsu Changbao Steeltube Co.,Ltd (SZSE:002478)
Sep 26Recent updates
Here's Why Jiangsu Changbao SteeltubeLtd (SZSE:002478) Can Manage Its Debt Responsibly
Oct 15Estimating The Intrinsic Value Of Jiangsu Changbao Steeltube Co.,Ltd (SZSE:002478)
Sep 26Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Upcoming Dividend Will Be Larger Than Last Year's
May 21Benign Growth For Jiangsu Changbao Steeltube Co.,Ltd (SZSE:002478) Underpins Its Share Price
Apr 26Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Earnings Are Of Questionable Quality
Apr 08Jiangsu Changbao SteeltubeLtd (SZSE:002478) Has A Rock Solid Balance Sheet
Mar 21Shareholder Returns
| 002478 | CN Metals and Mining | CN Market | |
|---|---|---|---|
| 7D | 1.1% | -2.9% | -1.2% |
| 1Y | 0.6% | 7.7% | 11.8% |
Return vs Industry: 002478 underperformed the CN Metals and Mining industry which returned 7.7% over the past year.
Return vs Market: 002478 underperformed the CN Market which returned 11.8% over the past year.
Price Volatility
| 002478 volatility | |
|---|---|
| 002478 Average Weekly Movement | 5.1% |
| Metals and Mining Industry Average Movement | 7.5% |
| Market Average Movement | 8.7% |
| 10% most volatile stocks in CN Market | 12.8% |
| 10% least volatile stocks in CN Market | 5.7% |
Stable Share Price: 002478 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 002478's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1958 | 1,824 | Qiaolin Han | www.cbsteeltube.com |
Jiangsu Changbao Steeltube Co.,Ltd manufactures and sells steel tubes in the People’s Republic of China and internationally. The company offers OCTG products for petroleum industry, including connection tubing and casings, coupling stocks, perforation gun carrier pipes, petroleum tool pipes, drill and green pipes, and slotted pipes; boiler tubes for power generation, such as boiler tubes, water heater, boilers, and U bended tubes; steel tubes for auto industry comprising automobile precision tubes, piping for hydraulic cylinders, and axel tubes; petrochemical tubes, steel tubes for low temperature resistance, and high pressure fertilizer tubes; and steel tubes for engineering machinery industry, such as mechanical steel pipes, boom pipes, and piping for hydraulic cylinders. It also provides line pipes, geological drilling pipes, core barrels, rope corning drill pipe materials, gas cylinder pipes, and accumulator tubes, as well as steel pipes for marine engineering, structural purpose, and fluid transmission.
Jiangsu Changbao Steeltube Co.,Ltd Fundamentals Summary
| 002478 fundamental statistics | |
|---|---|
| Market cap | CN¥4.86b |
| Earnings (TTM) | CN¥572.79m |
| Revenue (TTM) | CN¥5.77b |
8.5x
P/E Ratio0.8x
P/S RatioIs 002478 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 002478 income statement (TTM) | |
|---|---|
| Revenue | CN¥5.77b |
| Cost of Revenue | CN¥4.82b |
| Gross Profit | CN¥949.55m |
| Other Expenses | CN¥376.75m |
| Earnings | CN¥572.79m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.64 |
| Gross Margin | 16.46% |
| Net Profit Margin | 9.93% |
| Debt/Equity Ratio | 7.5% |
How did 002478 perform over the long term?
See historical performance and comparisonDividends
5.2%
Current Dividend Yield44%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:08 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Jiangsu Changbao Steeltube Co.,Ltd is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Shi Bao Zhang | China Merchants Securities Co. Ltd. |
| Kai Wang | Everbright Securities Co. Ltd. |