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Zhejiang Jiecang Linear Motion TechnologyLtd SHSE:603583 Stock Report

Last Price

CN¥22.52

Market Cap

CN¥8.7b

7D

4.9%

1Y

9.7%

Updated

21 Nov, 2024

Data

Company Financials +

Zhejiang Jiecang Linear Motion Technology Co.,Ltd.

SHSE:603583 Stock Report

Market Cap: CN¥8.7b

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¥22.52
52 Week HighCN¥23.90
52 Week LowCN¥12.87
Beta1.1
11 Month Change16.08%
3 Month Change43.26%
1 Year Change9.75%
33 Year Change-57.51%
5 Year Change10.29%
Change since IPO52.39%

Recent News & Updates

Even With A 25% Surge, Cautious Investors Are Not Rewarding Zhejiang Jiecang Linear Motion Technology Co.,Ltd.'s (SHSE:603583) Performance Completely

Nov 12
Even With A 25% Surge, Cautious Investors Are Not Rewarding Zhejiang Jiecang Linear Motion Technology Co.,Ltd.'s (SHSE:603583) Performance Completely

Shareholders Will Be Pleased With The Quality of Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

Nov 04
Shareholders Will Be Pleased With The Quality of Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

Recent updates

Even With A 25% Surge, Cautious Investors Are Not Rewarding Zhejiang Jiecang Linear Motion Technology Co.,Ltd.'s (SHSE:603583) Performance Completely

Nov 12
Even With A 25% Surge, Cautious Investors Are Not Rewarding Zhejiang Jiecang Linear Motion Technology Co.,Ltd.'s (SHSE:603583) Performance Completely

Shareholders Will Be Pleased With The Quality of Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

Nov 04
Shareholders Will Be Pleased With The Quality of Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

Investors Continue Waiting On Sidelines For Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583)

Sep 12
Investors Continue Waiting On Sidelines For Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583)

Here's What's Concerning About Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Returns On Capital

Aug 08
Here's What's Concerning About Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Returns On Capital

Is Zhejiang Jiecang Linear Motion TechnologyLtd (SHSE:603583) A Risky Investment?

Jun 06
Is Zhejiang Jiecang Linear Motion TechnologyLtd (SHSE:603583) A Risky Investment?

There May Be Some Bright Spots In Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

May 01
There May Be Some Bright Spots In Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings

Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Looks Just Right With A 26% Price Jump

Apr 25
Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Looks Just Right With A 26% Price Jump

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
7D4.9%-5.8%-3.4%
1Y9.7%13.2%6.1%

Return vs Industry: 603583 underperformed the CN Electronic industry which returned 13.2% over the past year.

Return vs Market: 603583 exceeded the CN Market which returned 6.1% over the past year.

Price Volatility

Is 603583's price volatile compared to industry and market?
603583 volatility
603583 Average Weekly Movement7.0%
Electronic Industry Average Movement9.8%
Market Average Movement8.2%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.5%

Stable Share Price: 603583 has not had significant price volatility in the past 3 months compared to the CN market.

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

About the Company

FoundedEmployeesCEOWebsite
20003,749Xiaojian Luwww.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¥8.66b
Earnings (TTM)CN¥310.73m
Revenue (TTM)CN¥3.50b

27.9x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603583 income statement (TTM)
RevenueCN¥3.50b
Cost of RevenueCN¥2.45b
Gross ProfitCN¥1.05b
Other ExpensesCN¥738.68m
EarningsCN¥310.73m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.81
Gross Margin29.98%
Net Profit Margin8.88%
Debt/Equity Ratio24.6%

How did 603583 perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

21%

Payout Ratio