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Ningbo Water Meter (Group)Ltd SHSE:603700 Stock Report

Last Price

CN¥10.84

Market Cap

CN¥2.1b

7D

20.7%

1Y

-24.8%

Updated

31 Aug, 2024

Data

Company Financials

Ningbo Water Meter (Group) Co.,Ltd.

SHSE:603700 Stock Report

Market Cap: CN¥2.1b

603700 Stock Overview

Manufactures and sells water meters in China and internationally.

603700 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends4/6

Ningbo Water Meter (Group) Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ningbo Water Meter (Group)Ltd
Historical stock prices
Current Share PriceCN¥10.84
52 Week HighCN¥14.78
52 Week LowCN¥8.36
Beta0.27
11 Month Change16.18%
3 Month Change2.65%
1 Year Change-24.77%
33 Year Change-43.28%
5 Year Change-42.13%
Change since IPO-41.16%

Recent News & Updates

The Returns On Capital At Ningbo Water Meter (Group)Ltd (SHSE:603700) Don't Inspire Confidence

Aug 30
The Returns On Capital At Ningbo Water Meter (Group)Ltd (SHSE:603700) Don't Inspire Confidence

Ningbo Water Meter (Group)'s (SHSE:603700) Solid Earnings May Rest On Weak Foundations

May 03
Ningbo Water Meter (Group)'s (SHSE:603700) Solid Earnings May Rest On Weak Foundations

Recent updates

The Returns On Capital At Ningbo Water Meter (Group)Ltd (SHSE:603700) Don't Inspire Confidence

Aug 30
The Returns On Capital At Ningbo Water Meter (Group)Ltd (SHSE:603700) Don't Inspire Confidence

Ningbo Water Meter (Group)'s (SHSE:603700) Solid Earnings May Rest On Weak Foundations

May 03
Ningbo Water Meter (Group)'s (SHSE:603700) Solid Earnings May Rest On Weak Foundations

Ningbo Water Meter (Group) Co., LTD. (SHSE:603700) Looks Inexpensive But Perhaps Not Attractive Enough

Feb 28
Ningbo Water Meter (Group) Co., LTD. (SHSE:603700) Looks Inexpensive But Perhaps Not Attractive Enough

Shareholder Returns

603700CN ElectronicCN Market
7D20.7%3.0%1.5%
1Y-24.8%-11.4%-18.8%

Return vs Industry: 603700 underperformed the CN Electronic industry which returned -11.4% over the past year.

Return vs Market: 603700 underperformed the CN Market which returned -18.8% over the past year.

Price Volatility

Is 603700's price volatile compared to industry and market?
603700 volatility
603700 Average Weekly Movement5.7%
Electronic Industry Average Movement6.8%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.8%

Stable Share Price: 603700 has not had significant price volatility in the past 3 months.

Volatility Over Time: 603700's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19581,148Lin Zhangwww.nwmwatermeters.com

Ningbo Water Meter (Group) Co.,Ltd. manufactures and sells water meters in China and internationally. The company offers multi and single-jet, volumetric rotary piston water meter, heat meter, woltmann water meter, irrigation water meter, batch control water meter, and oscillating meter; AWWA standard; and test bench products; and water meter boxes, as well as spare parts for water meters.

Ningbo Water Meter (Group) Co.,Ltd. Fundamentals Summary

How do Ningbo Water Meter (Group)Ltd's earnings and revenue compare to its market cap?
603700 fundamental statistics
Market capCN¥2.15b
Earnings (TTM)CN¥110.32m
Revenue (TTM)CN¥1.62b

19.5x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603700 income statement (TTM)
RevenueCN¥1.62b
Cost of RevenueCN¥1.13b
Gross ProfitCN¥484.46m
Other ExpensesCN¥374.15m
EarningsCN¥110.32m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.56
Gross Margin29.95%
Net Profit Margin6.82%
Debt/Equity Ratio7.5%

How did 603700 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

54%

Payout Ratio