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

Last Price

CN¥9.97

Market Cap

CN¥2.0b

7D

-6.4%

1Y

-26.6%

Updated

25 Dec, 2024

Data

Company Financials

Ningbo Water Meter (Group) Co.,Ltd.

SHSE:603700 Stock Report

Market Cap: CN¥2.0b

My Notes

Capture your thoughts, links and company narrative

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

Price History & Performance

Summary of share price highs, lows and changes for Ningbo Water Meter (Group)Ltd
Historical stock prices
Current Share PriceCN¥9.97
52 Week HighCN¥14.72
52 Week LowCN¥8.36
Beta0.26
1 Month Change-5.23%
3 Month Change4.29%
1 Year Change-26.58%
3 Year Change-48.45%
5 Year Change-43.72%
Change since IPO-45.88%

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

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
7D-6.4%2.0%0.4%
1Y-26.6%20.8%12.3%

Return vs Industry: 603700 underperformed the CN Electronic industry which returned 20.8% over the past year.

Return vs Market: 603700 underperformed the CN Market which returned 12.3% over the past year.

Price Volatility

Is 603700's price volatile compared to industry and market?
603700 volatility
603700 Average Weekly Movement6.1%
Electronic Industry Average Movement10.1%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

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

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¥2.02b
Earnings (TTM)CN¥84.65m
Revenue (TTM)CN¥1.54b

23.3x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603700 income statement (TTM)
RevenueCN¥1.54b
Cost of RevenueCN¥1.09b
Gross ProfitCN¥449.80m
Other ExpensesCN¥365.15m
EarningsCN¥84.65m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.43
Gross Margin29.14%
Net Profit Margin5.48%
Debt/Equity Ratio4.2%

How did 603700 perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

69%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 14:31
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Ningbo Water Meter (Group) Co.,Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gen HeEverbright Securities Co. Ltd.
Li WuTianfeng Securities Brokerage Co., Ltd
Yu CuiTianfeng Securities Brokerage Co., Ltd