Zhejiang Changsheng Sliding Bearings Co., Ltd. Logo

Zhejiang Changsheng Sliding Bearings Co., Ltd.

300718.SZ

(2.5)
Stock Price

17,22 CNY

12.92% ROA

15.53% ROE

23.39x PER

Market Cap.

5.593.774.230,00 CNY

5.31% DER

1.25% Yield

21.27% NPM

Zhejiang Changsheng Sliding Bearings Co., Ltd. Stock Analysis

Zhejiang Changsheng Sliding Bearings 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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (5%), which means it has a small amount of debt compared to the ownership it holds

2 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 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.

4 ROE

ROE in an average range (5.46%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (4.49%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 Dividend Growth

The company's dividend growth has been consistently strong over the past three years, with annual increases that demonstrate its commitment to rewarding shareholders.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (234) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 PBV

The stock's elevated P/BV ratio (3.91x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

9 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

11 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

Zhejiang Changsheng Sliding Bearings 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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Zhejiang Changsheng Sliding Bearings 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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Revenue
Year Revenue Growth
2013 373.146.000
2014 401.908.101 7.16%
2015 373.308.785 -7.66%
2016 403.971.117 7.59%
2017 566.507.209 28.69%
2018 662.569.051 14.5%
2019 600.840.893 -10.27%
2020 655.249.482 8.3%
2021 984.974.847 33.48%
2022 1.071.392.370 8.07%
2023 1.137.103.449 5.78%
2023 1.105.454.895 -2.86%
2024 1.112.509.248 0.63%

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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2013 13.729.900
2014 13.752.663 0.17%
2015 16.489.707 16.6%
2016 19.266.951 14.41%
2017 22.286.478 13.55%
2018 26.109.873 14.64%
2019 30.788.806 15.2%
2020 33.401.354 7.82%
2021 41.207.140 18.94%
2022 44.318.674 7.02%
2023 58.692.168 24.49%
2023 49.675.472 -18.15%
2024 47.319.544 -4.98%

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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2013 37.915.400
2014 7.431.452 -410.2%
2015 7.777.693 4.45%
2016 23.198.127 66.47%
2017 11.103.634 -108.92%
2018 11.347.173 2.15%
2019 11.566.340 1.89%
2020 13.556.779 14.68%
2021 17.571.215 22.85%
2022 18.135.447 3.11%
2023 157.039.212 88.45%
2023 20.062.505 -682.75%
2024 -23.037.195 187.09%

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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. EBITDA
Year EBITDA Growth
2013 91.145.700
2014 113.860.022 19.95%
2015 123.287.933 7.65%
2016 121.413.478 -1.54%
2017 173.187.101 29.89%
2018 180.971.044 4.3%
2019 167.779.985 -7.86%
2020 196.672.986 14.69%
2021 228.534.917 13.94%
2022 285.436.603 19.93%
2023 282.969.608 -0.87%
2023 355.898.169 20.49%
2024 332.899.800 -6.91%

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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Gross Profit
Year Gross Profit Growth
2013 144.527.800
2014 155.399.221 7%
2015 153.914.202 -0.96%
2016 171.627.251 10.32%
2017 213.662.000 19.67%
2018 239.569.169 10.81%
2019 222.138.994 -7.85%
2020 234.696.180 5.35%
2021 272.443.657 13.86%
2022 314.823.737 13.46%
2023 412.259.434 23.63%
2023 395.903.701 -4.13%
2024 393.166.056 -0.7%

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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Net Profit
Year Net Profit Growth
2013 77.227.800
2014 83.940.719 8%
2015 88.791.896 5.46%
2016 80.746.739 -9.96%
2017 121.493.626 33.54%
2018 147.328.304 17.54%
2019 127.906.919 -15.18%
2020 145.320.717 11.98%
2021 155.048.497 6.27%
2022 102.099.299 -51.86%
2023 240.748.174 57.59%
2023 242.238.760 0.62%
2024 252.713.396 4.14%

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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2013 0
2014 0 0%
2015 0 0%
2016 0 0%
2017 1 0%
2018 1 0%
2019 0 0%
2020 0 0%
2021 1 0%
2022 0 0%
2023 0 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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2013 43.118.900
2014 42.556.689 -1.32%
2015 42.240.753 -0.75%
2016 56.196.037 24.83%
2017 33.450.870 -68%
2018 -8.081.870 513.9%
2019 96.486.860 108.38%
2020 -1.300.764 7517.71%
2021 2.126.895 161.16%
2022 76.551.360 97.22%
2023 -34.010.657 325.08%
2023 189.782.683 117.92%
2024 91.613.683 -107.16%

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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2013 79.754.400
2014 90.092.982 11.48%
2015 91.096.281 1.1%
2016 112.070.405 18.72%
2017 101.891.970 -9.99%
2018 133.030.223 23.41%
2019 181.322.971 26.63%
2020 103.397.003 -75.37%
2021 81.232.014 -27.29%
2022 158.827.691 48.86%
2023 0 0%
2023 274.109.351 100%
2024 107.447.735 -155.11%

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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2013 36.635.500
2014 47.536.293 22.93%
2015 48.855.527 2.7%
2016 55.874.368 12.56%
2017 68.441.099 18.36%
2018 141.112.093 51.5%
2019 84.836.111 -66.33%
2020 104.697.767 18.97%
2021 79.105.118 -32.35%
2022 82.276.330 3.85%
2023 34.010.657 -141.91%
2023 84.326.668 59.67%
2024 15.834.052 -432.57%

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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Equity
Year Equity Growth
2013 335.912.200
2014 395.224.018 15.01%
2015 460.439.069 14.16%
2016 504.971.513 8.82%
2017 1.025.337.986 50.75%
2018 1.140.890.310 10.13%
2019 1.207.276.523 5.5%
2020 1.345.556.504 10.28%
2021 1.410.870.752 4.63%
2022 1.456.824.821 3.15%
2023 1.570.006.121 7.21%
2023 1.625.419.607 3.41%
2024 1.651.299.534 1.57%

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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Assets
Year Assets Growth
2013 402.546.900
2014 469.104.221 14.19%
2015 550.938.840 14.85%
2016 585.715.329 5.94%
2017 1.110.971.246 47.28%
2018 1.253.844.210 11.39%
2019 1.335.762.918 6.13%
2020 1.508.792.614 11.47%
2021 1.648.039.299 8.45%
2022 1.687.889.410 2.36%
2023 1.810.683.599 6.78%
2023 1.957.807.884 7.51%
2024 1.904.461.440 -2.8%

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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Liabilities
Year Liabilities Growth
2013 66.634.800
2014 73.880.202 9.81%
2015 90.499.771 18.36%
2016 80.743.815 -12.08%
2017 85.633.259 5.71%
2018 112.953.898 24.19%
2019 128.486.394 12.09%
2020 163.236.109 21.29%
2021 237.168.546 31.17%
2022 231.064.588 -2.64%
2023 240.677.478 3.99%
2023 332.388.276 27.59%
2024 240.874.919 -37.99%

Zhejiang Changsheng Sliding Bearings Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
3.78
Net Income per Share
0.8
Price to Earning Ratio
23.39x
Price To Sales Ratio
4.97x
POCF Ratio
19.24
PFCF Ratio
25.49
Price to Book Ratio
3.58
EV to Sales
4.56
EV Over EBITDA
17.34
EV to Operating CashFlow
17.65
EV to FreeCashFlow
23.39
Earnings Yield
0.04
FreeCashFlow Yield
0.04
Market Cap
5,59 Bil.
Enterprise Value
5,13 Bil.
Graham Number
9.75
Graham NetNet
2.88

Income Statement Metrics

Net Income per Share
0.8
Income Quality
1.22
ROE
0.16
Return On Assets
0.13
Return On Capital Employed
0.16
Net Income per EBT
0.85
EBT Per Ebit
1.03
Ebit per Revenue
0.24
Effective Tax Rate
0.14

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
-0.01
Gross Profit Margin
0.35
Operating Profit Margin
0.24
Pretax Profit Margin
0.25
Net Profit Margin
0.21

Dividends

Dividend Yield
0.01
Dividend Yield %
1.25
Payout Ratio
1.16
Dividend Per Share
0.24

Operating Metrics

Operating Cashflow per Share
0.98
Free CashFlow per Share
0.74
Capex to Operating CashFlow
0.25
Capex to Revenue
0.06
Capex to Depreciation
1.01
Return on Invested Capital
0.14
Return on Tangible Assets
0.13
Days Sales Outstanding
107.19
Days Payables Outstanding
42.45
Days of Inventory on Hand
97.37
Receivables Turnover
3.41
Payables Turnover
8.6
Inventory Turnover
3.75
Capex per Share
0.24

Balance Sheet

Cash per Share
2,53
Book Value per Share
5,59
Tangible Book Value per Share
5.41
Shareholders Equity per Share
5.25
Interest Debt per Share
0.29
Debt to Equity
0.05
Debt to Assets
0.04
Net Debt to EBITDA
-1.56
Current Ratio
5.77
Tangible Asset Value
1,61 Bil.
Net Current Asset Value
1,04 Bil.
Invested Capital
1630850724
Working Capital
1,06 Bil.
Intangibles to Total Assets
0.03
Average Receivables
0,33 Bil.
Average Payables
0,09 Bil.
Average Inventory
198557926.5
Debt to Market Cap
0.01

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.

Zhejiang Changsheng Sliding Bearings Co., Ltd. Dividends
Year Dividends Growth
2018 0
2019 0 0%
2020 0 0%
2021 1 0%
2022 0 0%
2023 1 0%
2024 0 0%

Zhejiang Changsheng Sliding Bearings Co., Ltd. Profile

About Zhejiang Changsheng Sliding Bearings Co., Ltd.

Zhejiang Changsheng Sliding Bearings Co., Ltd. researches, develops, produces, and sells bearings in China. It offers self-lubricated bearings, including metal-polymer, metallic, non-metallic, and high-performance steel self-lubricated bearings; and metal-polymer and metallic marginal-lubricated bearings. The company also provides other self-lubricating bearings and related components, such as air compressor swash plates, sintered bearings, steel sleeves, spherical bearings, and solid bronze alloy bearings; and hydraulic components. Its products are used in agricultural machinery, light industrial machinery, aerospace, military, high-speed trains, automotive, construction machinery, industrial, renewable energy, logistics, fitness equipment, municipal, household, and fluid power applications. The company also exports its products to approximately 40 countries and regions, including European countries, the United States, and Japan. Zhejiang Changsheng Sliding Bearings Co., Ltd. was founded in 1995 and is based in Jiashan, China.

CEO
Mr. Chenjian Chu
Employee
1.133
Address
No. 6, Xinda Road
Jiashan, 314100

Zhejiang Changsheng Sliding Bearings Co., Ltd. Executives & BODs

Zhejiang Changsheng Sliding Bearings Co., Ltd. Executives & BODs
# Name Age
1 Mr. Yin Chao Cao
Deputy GM & Director
70
2 Mr. Zhong Quan Lu
Chief Engineer & Head of Development Department
70
3 Mr. Chenjian Chu
GM & Director
70
4 Mr. Xiao Lin Lu
Vice Chairman & Deputy GM
70
5 Mr. Yin He
Chief Financial Officer, Board Secretary & Deputy GM
70

Zhejiang Changsheng Sliding Bearings Co., Ltd. Competitors