company background image
603583 logo

Zhejiang Jiecang Linear Motion TechnologyLtd SHSE:603583 Stock Report

Last Price

CN¥21.70

Market Cap

CN¥8.3b

7D

3.0%

1Y

8.0%

Updated

24 Apr, 2024

Data

Company Financials +

Zhejiang Jiecang Linear Motion Technology Co.,Ltd.

SHSE:603583 Stock Report

Market Cap: CN¥8.3b

Zhejiang Jiecang Linear Motion Technology Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Jiecang Linear Motion TechnologyLtd
Historical stock prices
Current Share PriceCN¥21.70
52 Week HighCN¥23.67
52 Week LowCN¥12.87
Beta1.15
1 Month Change25.72%
3 Month Change21.43%
1 Year Change7.96%
3 Year Change-50.91%
5 Year Change-12.45%
Change since IPO46.84%

Recent News & Updates

Is There Now An Opportunity In Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583)?

Apr 12
Is There Now An Opportunity In Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583)?

The Market Lifts Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Shares 30% But It Can Do More

Mar 06
The Market Lifts Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Shares 30% But It Can Do More

Zhejiang Jiecang Linear Motion TechnologyLtd (SHSE:603583) Will Be Hoping To Turn Its Returns On Capital Around

Feb 28
Zhejiang Jiecang Linear Motion TechnologyLtd (SHSE:603583) Will Be Hoping To Turn Its Returns On Capital Around

Recent updates

Is There Now An Opportunity In Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583)?

Apr 12
Is There Now An Opportunity In Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583)?

The Market Lifts Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Shares 30% But It Can Do More

Mar 06
The Market Lifts Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Shares 30% But It Can Do More

Zhejiang Jiecang Linear Motion TechnologyLtd (SHSE:603583) Will Be Hoping To Turn Its Returns On Capital Around

Feb 28
Zhejiang Jiecang Linear Motion TechnologyLtd (SHSE:603583) Will Be Hoping To Turn Its Returns On Capital Around

Shareholder Returns

603583CN ElectronicCN Market
7D3.0%2.1%1.6%
1Y8.0%-13.7%-15.1%

Return vs Industry: 603583 exceeded the CN Electronic industry which returned -13.7% over the past year.

Return vs Market: 603583 exceeded the CN Market which returned -15.1% over the past year.

Price Volatility

Is 603583's price volatile compared to industry and market?
603583 volatility
603583 Average Weekly Movement7.2%
Electronic Industry Average Movement10.3%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 603583's share price has been volatile over the past 3 months.

Volatility Over Time: 603583's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20003,193n/awww.jiecang.com

Zhejiang Jiecang Linear Motion Technology Co.,Ltd. engages in the research and development, production, and sale of linear drive products. The company offers linear actuators, servo motors, lifting columns, control boxes, controllers, accessories, and other products.

Zhejiang Jiecang Linear Motion Technology Co.,Ltd. Fundamentals Summary

How do Zhejiang Jiecang Linear Motion TechnologyLtd's earnings and revenue compare to its market cap?
603583 fundamental statistics
Market capCN¥8.35b
Earnings (TTM)CN¥205.96m
Revenue (TTM)CN¥3.03b

40.5x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603583 income statement (TTM)
RevenueCN¥3.03b
Cost of RevenueCN¥2.15b
Gross ProfitCN¥884.70m
Other ExpensesCN¥678.73m
EarningsCN¥205.96m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.54
Gross Margin29.16%
Net Profit Margin6.79%
Debt/Equity Ratio37.1%

How did 603583 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

44%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.