603700 Stock Overview
Manufactures and sells water meters in China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Ningbo Water Meter (Group) Co.,Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥10.80 |
| 52 Week High | CN¥14.72 |
| 52 Week Low | CN¥8.36 |
| Beta | 0.26 |
| 1 Month Change | 1.69% |
| 3 Month Change | 17.78% |
| 1 Year Change | -21.57% |
| 3 Year Change | -41.75% |
| 5 Year Change | -40.05% |
| Change since IPO | -41.38% |
Recent News & Updates
The Returns On Capital At Ningbo Water Meter (Group)Ltd (SHSE:603700) Don't Inspire Confidence
Aug 30
Recent updates
The Returns On Capital At Ningbo Water Meter (Group)Ltd (SHSE:603700) Don't Inspire Confidence
Aug 30Ningbo Water Meter (Group)'s (SHSE:603700) Solid Earnings May Rest On Weak Foundations
May 03Ningbo Water Meter (Group) Co., LTD. (SHSE:603700) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 28Shareholder Returns
| 603700 | CN Electronic | CN Market | |
|---|---|---|---|
| 7D | -3.1% | 1.6% | -1.2% |
| 1Y | -21.6% | 21.3% | 11.8% |
Return vs Industry: 603700 underperformed the CN Electronic industry which returned 21.3% over the past year.
Return vs Market: 603700 underperformed the CN Market which returned 11.8% over the past year.
Price Volatility
| 603700 volatility | |
|---|---|
| 603700 Average Weekly Movement | 5.9% |
| Electronic Industry Average Movement | 9.9% |
| Market Average Movement | 8.7% |
| 10% most volatile stocks in CN Market | 12.8% |
| 10% least volatile stocks in CN Market | 5.7% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1958 | 1,148 | Lin Zhang | www.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
| 603700 fundamental statistics | |
|---|---|
| Market cap | CN¥2.14b |
| Earnings (TTM) | CN¥84.65m |
| Revenue (TTM) | CN¥1.54b |
25.2x
P/E Ratio1.4x
P/S RatioIs 603700 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 603700 income statement (TTM) | |
|---|---|
| Revenue | CN¥1.54b |
| Cost of Revenue | CN¥1.09b |
| Gross Profit | CN¥449.80m |
| Other Expenses | CN¥365.15m |
| Earnings | CN¥84.65m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.43 |
| Gross Margin | 29.14% |
| Net Profit Margin | 5.48% |
| Debt/Equity Ratio | 4.2% |
How did 603700 perform over the long term?
See historical performance and comparisonDividends
2.8%
Current Dividend Yield69%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:08 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
|---|---|
| Gen He | Everbright Securities Co. Ltd. |
| Li Wu | Tianfeng Securities Brokerage Co., Ltd |
| Yu Cui | Tianfeng Securities Brokerage Co., Ltd |