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Jiangsu Changbao SteeltubeLtd SZSE:002478 Stock Report

Last Price

CN¥4.92

Market Cap

CN¥4.4b

7D

1.9%

1Y

-32.8%

Updated

27 Jul, 2024

Data

Company Financials +

Jiangsu Changbao Steeltube Co.,Ltd

SZSE:002478 Stock Report

Market Cap: CN¥4.4b

Jiangsu Changbao Steeltube Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jiangsu Changbao SteeltubeLtd
Historical stock prices
Current Share PriceCN¥4.92
52 Week HighCN¥7.57
52 Week LowCN¥4.42
Beta0.29
11 Month Change-0.81%
3 Month Change-17.31%
1 Year Change-32.79%
33 Year Change11.56%
5 Year Change-18.27%
Change since IPO-44.63%

Recent News & Updates

Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Upcoming Dividend Will Be Larger Than Last Year's

May 21
Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Upcoming Dividend Will Be Larger Than Last Year's

Benign Growth For Jiangsu Changbao Steeltube Co.,Ltd (SZSE:002478) Underpins Its Share Price

Apr 26
Benign Growth For Jiangsu Changbao Steeltube Co.,Ltd (SZSE:002478) Underpins Its Share Price

Recent updates

Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Upcoming Dividend Will Be Larger Than Last Year's

May 21
Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Upcoming Dividend Will Be Larger Than Last Year's

Benign Growth For Jiangsu Changbao Steeltube Co.,Ltd (SZSE:002478) Underpins Its Share Price

Apr 26
Benign Growth For Jiangsu Changbao Steeltube Co.,Ltd (SZSE:002478) Underpins Its Share Price

Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Earnings Are Of Questionable Quality

Apr 08
Jiangsu Changbao SteeltubeLtd's (SZSE:002478) Earnings Are Of Questionable Quality

Jiangsu Changbao SteeltubeLtd (SZSE:002478) Has A Rock Solid Balance Sheet

Mar 21
Jiangsu Changbao SteeltubeLtd (SZSE:002478) Has A Rock Solid Balance Sheet

Shareholder Returns

002478CN Metals and MiningCN Market
7D1.9%-4.6%-2.8%
1Y-32.8%-17.1%-21.0%

Return vs Industry: 002478 underperformed the CN Metals and Mining industry which returned -17.1% over the past year.

Return vs Market: 002478 underperformed the CN Market which returned -21% over the past year.

Price Volatility

Is 002478's price volatile compared to industry and market?
002478 volatility
002478 Average Weekly Movement4.3%
Metals and Mining Industry Average Movement5.5%
Market Average Movement5.8%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 002478's share price has been volatile over the past 3 months.

Volatility Over Time: 002478's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19581,824Qiaolin Hanwww.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

How do Jiangsu Changbao SteeltubeLtd's earnings and revenue compare to its market cap?
002478 fundamental statistics
Market capCN¥4.40b
Earnings (TTM)CN¥750.45m
Revenue (TTM)CN¥6.14b

5.9x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002478 income statement (TTM)
RevenueCN¥6.14b
Cost of RevenueCN¥5.06b
Gross ProfitCN¥1.08b
Other ExpensesCN¥332.56m
EarningsCN¥750.45m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 23, 2024

Earnings per share (EPS)0.84
Gross Margin17.63%
Net Profit Margin12.22%
Debt/Equity Ratio6.6%

How did 002478 perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

33%

Payout Ratio
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