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Qian Jiang Water Resources DevelopmentLtd SHSE:600283 Stock Report

Last Price

CN¥9.28

Market Cap

CN¥5.2b

7D

1.1%

1Y

23.0%

Updated

02 Feb, 2025

Data

Company Financials

Qian Jiang Water Resources Development Co.,Ltd

SHSE:600283 Stock Report

Market Cap: CN¥5.2b

My Notes

Capture your thoughts, links and company narrative

Qian Jiang Water Resources Development Co.,Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Qian Jiang Water Resources DevelopmentLtd
Historical stock prices
Current Share PriceCN¥9.28
52 Week HighCN¥10.77
52 Week LowCN¥6.57
Beta0.41
1 Month Change5.69%
3 Month Change-1.90%
1 Year Change23.03%
3 Year Change4.35%
5 Year Change47.30%
Change since IPO5.20%

Recent News & Updates

Is Qian Jiang Water Resources DevelopmentLtd (SHSE:600283) A Risky Investment?

Nov 28
Is Qian Jiang Water Resources DevelopmentLtd (SHSE:600283) A Risky Investment?

Solid Earnings May Not Tell The Whole Story For Qian Jiang Water Resources DevelopmentLtd (SHSE:600283)

Nov 05
Solid Earnings May Not Tell The Whole Story For Qian Jiang Water Resources DevelopmentLtd (SHSE:600283)

There's Been No Shortage Of Growth Recently For Qian Jiang Water Resources DevelopmentLtd's (SHSE:600283) Returns On Capital

Oct 01
There's Been No Shortage Of Growth Recently For Qian Jiang Water Resources DevelopmentLtd's (SHSE:600283) Returns On Capital

Recent updates

Is Qian Jiang Water Resources DevelopmentLtd (SHSE:600283) A Risky Investment?

Nov 28
Is Qian Jiang Water Resources DevelopmentLtd (SHSE:600283) A Risky Investment?

Solid Earnings May Not Tell The Whole Story For Qian Jiang Water Resources DevelopmentLtd (SHSE:600283)

Nov 05
Solid Earnings May Not Tell The Whole Story For Qian Jiang Water Resources DevelopmentLtd (SHSE:600283)

There's Been No Shortage Of Growth Recently For Qian Jiang Water Resources DevelopmentLtd's (SHSE:600283) Returns On Capital

Oct 01
There's Been No Shortage Of Growth Recently For Qian Jiang Water Resources DevelopmentLtd's (SHSE:600283) Returns On Capital

Qian Jiang Water Resources DevelopmentLtd's (SHSE:600283) Problems Go Beyond Weak Profit

May 06
Qian Jiang Water Resources DevelopmentLtd's (SHSE:600283) Problems Go Beyond Weak Profit

Shareholder Returns

600283CN Water UtilitiesCN Market
7D1.1%0.9%-0.9%
1Y23.0%10.9%22.0%

Return vs Industry: 600283 exceeded the CN Water Utilities industry which returned 10.9% over the past year.

Return vs Market: 600283 exceeded the CN Market which returned 22% over the past year.

Price Volatility

Is 600283's price volatile compared to industry and market?
600283 volatility
600283 Average Weekly Movement5.7%
Water Utilities Industry Average Movement5.1%
Market Average Movement6.7%
10% most volatile stocks in CN Market10.7%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 600283 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600283's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19981,588n/awww.qjwater.com

Qian Jiang Water Resources Development Co.,Ltd, together with its subsidiaries, engages in the production and supply of tap water in China. It is also involved in the operation of sewage treatment; and municipal water pipeline installation. The company was founded in 1998 and is headquartered in Hangzhou, China.

Qian Jiang Water Resources Development Co.,Ltd Fundamentals Summary

How do Qian Jiang Water Resources DevelopmentLtd's earnings and revenue compare to its market cap?
600283 fundamental statistics
Market capCN¥5.20b
Earnings (TTM)CN¥209.52m
Revenue (TTM)CN¥2.31b

24.8x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600283 income statement (TTM)
RevenueCN¥2.31b
Cost of RevenueCN¥1.51b
Gross ProfitCN¥798.11m
Other ExpensesCN¥588.60m
EarningsCN¥209.52m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Apr 17, 2025

Earnings per share (EPS)0.37
Gross Margin34.57%
Net Profit Margin9.07%
Debt/Equity Ratio108.5%

How did 600283 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

34%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 07:50
End of Day Share Price 2025/01/27 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

Qian Jiang Water Resources Development Co.,Ltd is covered by 2 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
Jun LiuChangjiang Securities Co. LTD.
Junjie GongGuodu Securities Co.