840 Stock Overview
Designs, manufactures, and sells drip tapes, PVC/PE pipelines, and drip assemblies for use in agricultural water saving irrigation systems in the People's Republic of China.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Xinjiang Tianye Water Saving Irrigation System Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.19 |
| 52 Week High | HK$0.21 |
| 52 Week Low | HK$0.12 |
| Beta | -0.094 |
| 11 Month Change | 19.23% |
| 3 Month Change | 10.06% |
| 1 Year Change | -9.27% |
| 33 Year Change | -32.36% |
| 5 Year Change | -44.48% |
| Change since IPO | -88.00% |
Recent News & Updates
Recent updates
Xinjiang Tianye Water Saving Irrigation System Company Limited's (HKG:840) CEO Compensation Looks Acceptable To Us And Here's Why
May 31
Health Check: How Prudently Does Xinjiang Tianye Water Saving Irrigation System (HKG:840) Use Debt?
Sep 19Xinjiang Tianye Water Saving Irrigation System (HKG:840) Has Debt But No Earnings; Should You Worry?
Jun 01Health Check: How Prudently Does Xinjiang Tianye Water Saving Irrigation System (HKG:840) Use Debt?
Aug 18Is Xinjiang Tianye Water Saving Irrigation System (HKG:840) A Risky Investment?
Sep 29Is Xinjiang Tianye Water Saving Irrigation System (HKG:840) A Risky Investment?
May 25Xinjiang Tianye Water Saving Irrigation System (HKG:840) Shareholders Will Want The ROCE Trajectory To Continue
Apr 01Xinjiang Tianye Water Saving Irrigation System (HKG:840) Has Debt But No Earnings; Should You Worry?
Dec 22
Shareholder Returns
| 840 | HK Machinery | HK Market | |
|---|---|---|---|
| 7D | -0.5% | 4.7% | -0.7% |
| 1Y | -9.3% | 3.5% | -4.0% |
Return vs Industry: 840 underperformed the Hong Kong Machinery industry which returned 0.3% over the past year.
Return vs Market: 840 underperformed the Hong Kong Market which returned -7.5% over the past year.
Price Volatility
| 840 volatility | |
|---|---|
| 840 Average Weekly Movement | 12.0% |
| Machinery Industry Average Movement | 6.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in HK Market | 14.1% |
| 10% least volatile stocks in HK Market | 3.6% |
Stable Share Price: 840's share price has been volatile over the past 3 months.
Volatility Over Time: 840's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 407 | Wan Sen Yang | www.tianyejieshui.com.cn |
Xinjiang Tianye Water Saving Irrigation System Company Limited designs, manufactures, and sells drip tapes, PVC/PE pipelines, and drip assemblies for use in agricultural water saving irrigation systems in the People's Republic of China. It is also involved in provision of installation services for water saving irrigation systems. In addition, the company engages in land circulation and engineering business; and strategic developing digital agriculture and agriculture service business.
Xinjiang Tianye Water Saving Irrigation System Company Limited Fundamentals Summary
| 840 fundamental statistics | |
|---|---|
| Market cap | HK$96.63m |
| Earnings (TTM) | -HK$12.50m |
| Revenue (TTM) | HK$2.40b |
0.0x
P/S Ratio-7.7x
P/E RatioIs 840 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 840 income statement (TTM) | |
|---|---|
| Revenue | CN¥2.22b |
| Cost of Revenue | CN¥2.13b |
| Gross Profit | CN¥90.80m |
| Other Expenses | CN¥102.36m |
| Earnings | -CN¥11.55m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.022 |
| Gross Margin | 4.09% |
| Net Profit Margin | -0.52% |
| Debt/Equity Ratio | 16.6% |
How did 840 perform over the long term?
See historical performance and comparison