Jiangsu Changbao Steeltube Co.,Ltd Logo

Jiangsu Changbao Steeltube Co.,Ltd

002478.SZ

(3.5)
Stock Price

5,29 CNY

8.39% ROA

12.53% ROE

7.73x PER

Market Cap.

5.092.672.700,00 CNY

34.45% DER

4.96% Yield

10.99% NPM

Jiangsu Changbao Steeltube Co.,Ltd Stock Analysis

Jiangsu Changbao Steeltube Co.,Ltd Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Jiangsu Changbao Steeltube Co.,Ltd Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (15.52%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 DER

The stock has a minimal amount of debt (3%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

4 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

5 ROA

The stock's ROA (9.75%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 PBV

The stock's PBV ratio (1.09x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

7 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

8 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

9 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

10 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (64) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

Jiangsu Changbao Steeltube Co.,Ltd Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Jiangsu Changbao Steeltube Co.,Ltd Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Jiangsu Changbao Steeltube Co.,Ltd Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Jiangsu Changbao Steeltube Co.,Ltd Revenue
Year Revenue Growth
2007 1.649.201.443
2008 3.374.559.513 51.13%
2009 2.168.279.425 -55.63%
2010 2.878.606.149 24.68%
2011 3.719.114.009 22.6%
2012 3.434.911.613 -8.27%
2013 3.988.017.887 13.87%
2014 3.776.571.873 -5.6%
2015 2.923.080.553 -29.2%
2016 2.205.317.623 -32.55%
2017 3.494.406.305 36.89%
2018 5.376.126.917 35%
2019 5.285.111.388 -1.72%
2020 3.941.856.261 -34.08%
2021 4.226.439.754 6.73%
2022 6.223.365.024 32.09%
2023 6.623.878.851 6.05%
2023 6.660.790.273 0.55%
2024 5.985.972.180 -11.27%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Jiangsu Changbao Steeltube Co.,Ltd Research and Development Expenses
Year Research and Development Expenses Growth
2007 26.389.723
2008 47.462.796 44.4%
2009 67.794.560 29.99%
2010 88.772.446 23.63%
2011 115.337.069 23.03%
2012 141.012.456 18.21%
2013 156.370.488 9.82%
2014 141.297.781 -10.67%
2015 100.070.718 -41.2%
2016 84.355.598 -18.63%
2017 125.886.708 32.99%
2018 178.764.035 29.58%
2019 176.278.293 -1.41%
2020 132.333.498 -33.21%
2021 158.624.525 16.57%
2022 230.582.267 31.21%
2023 244.620.465 5.74%
2023 251.152.047 2.6%
2024 182.501.996 -37.62%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Jiangsu Changbao Steeltube Co.,Ltd General and Administrative Expenses
Year General and Administrative Expenses Growth
2007 14.444.949
2008 23.892.158 39.54%
2009 17.153.419 -39.29%
2010 16.806.060 -2.07%
2011 18.371.390 8.52%
2012 23.857.065 22.99%
2013 24.133.544 1.15%
2014 24.176.082 0.18%
2015 23.646.407 -2.24%
2016 21.758.625 -8.68%
2017 24.836.785 12.39%
2018 37.186.138 33.21%
2019 40.963.546 9.22%
2020 46.087.662 11.12%
2021 36.653.170 -25.74%
2022 41.540.244 11.76%
2023 272.139.518 84.74%
2023 60.108.548 -352.75%
2024 23.374.716 -157.15%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Jiangsu Changbao Steeltube Co.,Ltd EBITDA
Year EBITDA Growth
2007 245.536.567
2008 470.138.215 47.77%
2009 362.758.395 -29.6%
2010 346.355.578 -4.74%
2011 411.280.724 15.79%
2012 344.961.670 -19.23%
2013 419.526.071 17.77%
2014 469.393.745 10.62%
2015 407.800.918 -15.1%
2016 290.134.575 -40.56%
2017 346.940.003 16.37%
2018 851.141.601 59.24%
2019 1.027.922.792 17.2%
2020 589.550.633 -74.36%
2021 345.175.041 -70.8%
2022 899.516.815 61.63%
2023 866.441.242 -3.82%
2023 1.235.243.714 29.86%
2024 796.052.360 -55.17%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Jiangsu Changbao Steeltube Co.,Ltd Gross Profit
Year Gross Profit Growth
2007 353.000.338
2008 605.646.981 41.72%
2009 455.433.450 -32.98%
2010 496.608.147 8.29%
2011 587.205.183 15.43%
2012 579.215.427 -1.38%
2013 686.193.163 15.59%
2014 662.640.494 -3.55%
2015 469.770.122 -41.06%
2016 309.747.306 -51.66%
2017 536.890.371 42.31%
2018 1.181.171.050 54.55%
2019 1.363.157.498 13.35%
2020 700.693.899 -94.54%
2021 362.608.609 -93.24%
2022 932.060.750 61.1%
2023 1.344.094.531 30.66%
2023 1.249.689.265 -7.55%
2024 919.459.560 -35.92%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Jiangsu Changbao Steeltube Co.,Ltd Net Profit
Year Net Profit Growth
2007 147.541.746
2008 262.183.885 43.73%
2009 192.783.389 -36%
2010 183.031.882 -5.33%
2011 229.686.822 20.31%
2012 206.413.137 -11.28%
2013 227.003.692 9.07%
2014 245.902.250 7.69%
2015 206.061.869 -19.33%
2016 109.696.178 -87.85%
2017 143.675.508 23.65%
2018 480.262.756 70.08%
2019 601.156.011 20.11%
2020 123.649.130 -386.18%
2021 135.829.222 8.97%
2022 471.032.813 71.16%
2023 685.332.413 31.27%
2023 783.028.900 12.48%
2024 639.892.940 -22.37%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Jiangsu Changbao Steeltube Co.,Ltd Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2007 0
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 1 0%
2020 0 0%
2021 0 0%
2022 1 0%
2023 1 0%
2023 1 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Jiangsu Changbao Steeltube Co.,Ltd Free Cashflow
Year Free Cashflow Growth
2007 155.242.653
2008 577.845.415 73.13%
2009 -331.375.516 274.38%
2010 203.117.302 263.14%
2011 -512.705.138 139.62%
2012 -128.689.382 -298.41%
2013 -69.013.057 -86.47%
2014 792.132.046 108.71%
2015 292.081.233 -171.2%
2016 123.808.172 -135.91%
2017 503.418.919 75.41%
2018 501.486.782 -0.39%
2019 289.618.982 -73.15%
2020 284.964.016 -1.63%
2021 -660.378.845 143.15%
2022 696.154.028 194.86%
2023 293.461.755 -137.22%
2023 -259.548.785 213.07%
2024 141.543.455 283.37%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Jiangsu Changbao Steeltube Co.,Ltd Operating Cashflow
Year Operating Cashflow Growth
2007 254.715.001
2008 786.398.170 67.61%
2009 -220.470.295 456.69%
2010 284.211.967 177.57%
2011 -359.497.468 179.06%
2012 162.435.409 321.32%
2013 219.425.263 25.97%
2014 918.346.815 76.11%
2015 376.906.829 -143.65%
2016 150.679.417 -150.14%
2017 574.119.192 73.75%
2018 686.332.973 16.35%
2019 669.182.117 -2.56%
2020 671.468.657 0.34%
2021 -482.757.773 239.09%
2022 783.199.195 161.64%
2023 489.614.004 -59.96%
2023 -235.264.140 308.11%
2024 192.261.600 222.37%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Jiangsu Changbao Steeltube Co.,Ltd Capital Expenditure
Year Capital Expenditure Growth
2007 99.472.347
2008 208.552.754 52.3%
2009 110.905.220 -88.05%
2010 81.094.664 -36.76%
2011 153.207.670 47.07%
2012 291.124.791 47.37%
2013 288.438.320 -0.93%
2014 126.214.769 -128.53%
2015 84.825.595 -48.79%
2016 26.871.244 -215.67%
2017 70.700.272 61.99%
2018 184.846.191 61.75%
2019 379.563.135 51.3%
2020 386.504.640 1.8%
2021 177.621.072 -117.6%
2022 87.045.166 -104.06%
2023 196.152.248 55.62%
2023 24.284.645 -707.72%
2024 50.718.145 52.12%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Jiangsu Changbao Steeltube Co.,Ltd Equity
Year Equity Growth
2007 496.838.238
2008 868.026.627 42.76%
2009 1.068.503.550 18.76%
2010 2.351.604.418 54.56%
2011 2.586.046.020 9.07%
2012 2.690.409.802 3.88%
2013 2.875.256.756 6.43%
2014 3.064.279.426 6.17%
2015 3.100.073.827 1.15%
2016 3.152.235.061 1.65%
2017 3.960.920.232 20.42%
2018 4.447.509.889 10.94%
2019 4.980.312.299 10.7%
2020 4.683.435.582 -6.34%
2021 4.386.397.464 -6.77%
2022 4.739.029.480 7.44%
2023 5.410.382.657 12.41%
2023 5.233.820.509 -3.37%
2024 5.524.027.236 5.25%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Jiangsu Changbao Steeltube Co.,Ltd Assets
Year Assets Growth
2007 1.260.239.484
2008 2.746.397.438 54.11%
2009 2.258.297.879 -21.61%
2010 3.587.074.150 37.04%
2011 3.003.048.281 -19.45%
2012 3.299.882.760 9%
2013 3.698.104.536 10.77%
2014 3.980.314.596 7.09%
2015 3.948.368.304 -0.81%
2016 3.932.547.948 -0.4%
2017 5.679.357.146 30.76%
2018 6.422.603.881 11.57%
2019 6.844.041.142 6.16%
2020 6.887.804.718 0.64%
2021 6.970.682.706 1.19%
2022 7.335.394.006 4.97%
2023 7.819.431.790 6.19%
2023 7.826.177.148 0.09%
2024 8.016.365.340 2.37%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Jiangsu Changbao Steeltube Co.,Ltd Liabilities
Year Liabilities Growth
2007 763.401.246
2008 1.878.370.810 59.36%
2009 1.189.794.328 -57.87%
2010 1.235.469.731 3.7%
2011 417.002.260 -196.27%
2012 609.472.957 31.58%
2013 822.847.779 25.93%
2014 916.035.169 10.17%
2015 848.294.477 -7.99%
2016 780.312.886 -8.71%
2017 1.718.436.913 54.59%
2018 1.975.093.991 12.99%
2019 1.863.728.842 -5.98%
2020 2.204.369.135 15.45%
2021 2.584.285.241 14.7%
2022 2.596.364.525 0.47%
2023 2.409.049.132 -7.78%
2023 2.592.356.639 7.07%
2024 2.492.338.104 -4.01%

Jiangsu Changbao Steeltube Co.,Ltd Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.65
Net Income per Share
0.73
Price to Earning Ratio
7.73x
Price To Sales Ratio
0.85x
POCF Ratio
65.81
PFCF Ratio
-29.1
Price to Book Ratio
0.96
EV to Sales
0.84
EV Over EBITDA
6.16
EV to Operating CashFlow
64.78
EV to FreeCashFlow
-28.64
Earnings Yield
0.13
FreeCashFlow Yield
-0.03
Market Cap
5,09 Bil.
Enterprise Value
5,01 Bil.
Graham Number
9.86
Graham NetNet
1.91

Income Statement Metrics

Net Income per Share
0.73
Income Quality
0.12
ROE
0.13
Return On Assets
0.08
Return On Capital Employed
0.12
Net Income per EBT
0.85
EBT Per Ebit
1.18
Ebit per Revenue
0.11
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.18
Operating Profit Margin
0.11
Pretax Profit Margin
0.13
Net Profit Margin
0.11

Dividends

Dividend Yield
0.05
Dividend Yield %
4.96
Payout Ratio
0.63
Dividend Per Share
0.28

Operating Metrics

Operating Cashflow per Share
0.09
Free CashFlow per Share
-0.19
Capex to Operating CashFlow
3.26
Capex to Revenue
0.04
Capex to Depreciation
4.68
Return on Invested Capital
0.08
Return on Tangible Assets
0.08
Days Sales Outstanding
99.22
Days Payables Outstanding
27.44
Days of Inventory on Hand
97.6
Receivables Turnover
3.68
Payables Turnover
13.3
Inventory Turnover
3.74
Capex per Share
0.28

Balance Sheet

Cash per Share
2,59
Book Value per Share
6,13
Tangible Book Value per Share
5.94
Shareholders Equity per Share
5.91
Interest Debt per Share
2.04
Debt to Equity
0.34
Debt to Assets
0.23
Net Debt to EBITDA
-0.1
Current Ratio
2.21
Tangible Asset Value
5,36 Bil.
Net Current Asset Value
2,85 Bil.
Invested Capital
5435682927
Working Capital
2,93 Bil.
Intangibles to Total Assets
0.02
Average Receivables
1,64 Bil.
Average Payables
0,33 Bil.
Average Inventory
1293668922.5
Debt to Market Cap
0.36

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Jiangsu Changbao Steeltube Co.,Ltd Dividends
Year Dividends Growth
2011 0
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 1 100%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Jiangsu Changbao Steeltube Co.,Ltd Profile

About Jiangsu Changbao Steeltube Co.,Ltd

Jiangsu Changbao Steeltube Co.,Ltd produces and sells steel tubes in the People's Republic of China. The company offers OCTG products for petroleum industry, including connection tubings and casings, coupling stocks, perforating gun carrier pipes, petroleum tool pipes, drill pipes, and slotted pipes; boiler tubes for power generation; steel tubes for auto industry comprising automobile precision tubes, piping for hydraulic cylinders, and axel tubes; petrochemical tubes, steel tubes for low temperature resistance, and high pressure fertilizer tubes; and steel tubes for engineering machinery industry, such as mechanical steel pipes, boom pipes, and piping for hydraulic cylinders. It also provides line pipes, geological drilling pipes, core barrels, rope corning drill pipe materials, gas cylinder pipes, and accumulator tubes, as well as steel pipes for marine engineering, structural purpose, and fluid transmission. It exports its products to Europe, the Americas, the Middle East, CIS, Southeast Asia, Australia, Africa, and internationally. The company was founded in 1958 and is based in Changzhou, China.

CEO
Mr. Jian Cao
Employee
1.824
Address
No.558, Yanling East Road
Changzhou, 213018

Jiangsu Changbao Steeltube Co.,Ltd Executives & BODs

Jiangsu Changbao Steeltube Co.,Ltd Executives & BODs
# Name Age
1 Mr. Qiaolin Han
GM & Vice Chairman
70
2 Mr. Zheng Chun Dai
Deputy GM & Non-Independent Director
70
3 Mr. Zhifeng Liu
Secretary of the Board of Directors
70
4 Mr. Jian Cao
Non-Independent Chairman of the Board & Acting Financial Manager
70
5 Mr. Songlin Chen
Deputy General Manager
70

Jiangsu Changbao Steeltube Co.,Ltd Competitors