002708.SHE Changzhou NRB Corp
- Market cap
- CNY 11.2B
- P/E
- 105.3x
- P/B
- 6.04x
- ROE
- 4.4%
- Dividend yield
- 0.28%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002708.SHE undervalued?
Graham numberThe Graham number of Changzhou NRB Corp cannot be estimated reliably (the estimate is too far from the market price).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Changzhou NRB Corp fundamental analysis
No fundamental analysis for Changzhou NRB Corp yet.
Changzhou NRB Corp stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Changzhou NRB Corp
Changzhou Nrb Corporation engages in the research, development, manufacture, and sale of auto precision bearing products in China and internationally. Its products include hydraulic clutch release, robot, needle roller, single and double row tapered roller, single and double row cylindrical roller, push and pull type clutch release, hub, deep groove ball, joint, four-point contact ball, and large size industrial bearing; shaft sleeve; needle roller and roller; and synchroniz…
Full company profileChangzhou NRB Corp financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Changzhou NRB Corp annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 1.11B | 1.46B | 1.35B | 1.31B | 1.43B | 1.62B | 1.49B | 1.82B | 2.31B | 2.72B | 3.15B |
| Gross Profit | 279M | 336M | 255M | 237M | 242M | 183M | -5.37M | 121M | 326M | 462M | 409M |
| Operating Income | 63.8M | 15.8M | -92.8M | 11.4M | 24.4M | -111M | -268M | -152M | 33.7M | 128M | 32.5M |
| EBITDA | 181M | 203M | 141M | 149M | 162M | 65.2M | -92.3M | 26.2M | 240M | 298M | 116M |
| Net Income | 64.5M | 12.1M | -90.4M | 11.5M | 50.4M | -81.2M | -234M | -117M | 51.0M | 101M | 77.7M |
| EPS | 0.14 | 0.03 | -0.21 | 0.02 | 0.11 | -0.17 | -0.49 | -0.23 | 0.09 | 0.18 | 0.14 |
| Balance Sheet | |||||||||||
| Total Assets | 2.39B | 2.35B | 2.18B | 2.17B | 2.65B | 2.66B | 2.71B | 3.25B | 3.53B | 3.91B | 5.25B |
| Total Liabilities | 875M | 838M | 768M | 747M | 1.18B | 1.23B | 1.47B | 1.58B | 1.81B | 2.17B | 3.47B |
| Shareholders' Equity | 1.52B | 1.51B | 1.41B | 1.42B | 1.47B | 1.43B | 1.25B | 1.69B | 1.69B | 1.73B | 1.77B |
| Cash & Short-term Investments | 260M | 174M | 208M | 136M | 218M | 213M | 197M | 654M | 588M | 409M | 459M |
| Total Debt | 409M | 381M | 289M | 227M | 271M | 417M | 585M | 689M | 910M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 34.0M | 151M | 179M | 81.4M | 133M | -45.2M | -138M | 8.67M | -104M | 39.1M | - |
| Capital Expenditure | 134M | 142M | 74.5M | 21.7M | 11.8M | 191M | 159M | 72.2M | 96.2M | 105M | 256M |
| Free Cash Flow | -99.7M | 9.81M | 105M | 59.6M | 121M | -236M | -298M | -63.5M | -200M | -66.1M | -383M |
| Ratios | |||||||||||
| ROE | 4.3% | 0.8% | -6.4% | 0.8% | 3.4% | -5.7% | -18.8% | -6.9% | 3.0% | 5.8% | 4.4% |
| ROA | 2.7% | 0.5% | -4.2% | 0.5% | 1.9% | -3.0% | -8.6% | -3.6% | 1.4% | 2.6% | 1.5% |
| Net Profit Margin | 5.8% | 0.8% | -6.7% | 0.9% | 3.5% | -5.0% | -15.7% | -6.4% | 2.2% | 3.7% | 2.5% |
| Debt to Equity | 0.27x | 0.25x | 0.21x | 0.16x | 0.18x | 0.29x | 0.47x | 0.41x | 0.54x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Changzhou NRB Corp dividends
- Dividend yield
- 0.28%
- Forward dividend
- -
- Payout ratio
- 30.9%
- Ex-dividend date
- Jul 11, 2018
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 31.2M | 0.06 | 30.9% |
| 2024 | CNY 27.8M | 0.05 | 54.6% |
| 2023 | CNY 25.9M | 0.05 | - |
| 2022 | CNY 20.0M | 0.04 | - |
| 2021 | CNY 12.4M | 0.03 | - |
| 2020 | CNY 8.38M | 0.02 | 16.7% |
| 2019 | CNY 11.8M | 0.03 | 102.7% |
| 2018 | CNY 22.2M | 0.05 | - |
| 2017 | CNY 28.6M | 0.06 | 236.8% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 22:10 on Oct 9, 2015.
Who owns Changzhou NRB Corp
- Insiders 39.49%
- Institutions 1.21%
- Public & others 59.30%
- Shares outstanding 562M
- Free float 340M
Changzhou NRB Corp company profile
- Company name
- Changzhou NRB Corp
- Ticker
- 002708.SHE
- ISIN
- CNE100001R66
- Exchange
- Shenzhen Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Machinery
- Employees
- 4,219
- Fiscal year end
- December
- Address
- 52 Hanjiang Road, Changzhou, China, 213022
- Phone
- 86 51 9851 58888
- Website
- nrb.com.cn
About Changzhou NRB Corp
Changzhou Nrb Corporation engages in the research, development, manufacture, and sale of auto precision bearing products in China and internationally. Its products include hydraulic clutch release, robot, needle roller, single and double row tapered roller, single and double row cylindrical roller, push and pull type clutch release, hub, deep groove ball, joint, four-point contact ball, and large size industrial bearing; shaft sleeve; needle roller and roller; and synchronizer intermediate ring, as well as auto components. The company provides its products to assemblies, such as automotive transmission, clutch, heavy truck axle, and hub. The company was formerly known as Changzhou Guangyang Bearing Co., Ltd. and changed its name to Changzhou Nrb Corporation in May 2014. Changzhou Nrb Corporation was founded in 1994 and is based in Changzhou, China.
Changzhou NRB Corp management
8- Mr. Weiqiang ZhengCEO, Financial Director, Board Secretary & Director · born 1982
- Mr. Chaoyang WuGM & Non-Independent Director · born 1971
- Mr. Xinghua HuangDeputy General Manager · born 1977
- Mr. Ya Jun ShenDeputy General Manager · born 1973
- Mr. Jun WengDeputy General Manager · born 1969
- Mr. Jiangang ZhangDeputy General Manager · born 1974
- Mr. Huafeng ChaoDeputy General Manager · born 1978
- Jinbo DongAccounting Supervisor