HIT Welding Industry Co.,Ltd Logo

HIT Welding Industry Co.,Ltd

301137.SZ

(1.8)
Stock Price

17,82 CNY

2.68% ROA

3.88% ROE

78.5x PER

Market Cap.

2.752.758.235,00 CNY

35.64% DER

0.57% Yield

3.37% NPM

HIT Welding Industry Co.,Ltd Stock Analysis

HIT Welding Industry 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.

HIT Welding Industry Co.,Ltd Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (13%), which means it has a small amount of debt compared to the ownership it holds

2 ROE

The stock's ROE falls within an average range (2.46%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (1.7%) 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.

4 PBV

The stock's PBV ratio (2.7x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Dividend Growth

With a history of consistent dividend increases over the last three years, the company has proven to be a reliable choice for investors seeking reliable income.

6 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (532), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

9 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Graham Number

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

11 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

HIT Welding Industry 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.

HIT Welding Industry Co.,Ltd Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

HIT Welding Industry 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.

HIT Welding Industry Co.,Ltd Revenue
Year Revenue Growth
2017 869.051.666
2018 1.078.233.606 19.4%
2019 1.191.009.940 9.47%
2020 1.362.737.745 12.6%
2021 1.715.578.619 20.57%
2022 1.570.940.929 -9.21%
2023 1.524.122.930 -3.07%
2023 1.578.600.799 3.45%
2024 1.587.604.796 0.57%

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.

HIT Welding Industry Co.,Ltd Research and Development Expenses
Year Research and Development Expenses Growth
2017 29.543.211
2018 35.050.907 15.71%
2019 42.209.299 16.96%
2020 43.161.405 2.21%
2021 52.419.333 17.66%
2022 52.715.735 0.56%
2023 37.146.097 -41.91%
2023 50.434.465 26.35%
2024 50.304.124 -0.26%

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.

HIT Welding Industry Co.,Ltd General and Administrative Expenses
Year General and Administrative Expenses Growth
2017 8.410.315
2018 -108.572.047 107.75%
2019 -115.518.987 6.01%
2020 -91.421.893 -26.36%
2021 -19.076.826 -379.23%
2022 10.168.927 287.6%
2023 113.918.776 91.07%
2023 9.014.823 -1163.68%
2024 -29.969.622 130.08%

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.

HIT Welding Industry Co.,Ltd EBITDA
Year EBITDA Growth
2017 75.724.096
2018 124.002.355 38.93%
2019 132.120.079 6.14%
2020 160.096.020 17.47%
2021 141.144.358 -13.43%
2022 90.931.130 -55.22%
2023 76.393.399 -19.03%
2023 120.660.643 36.69%
2024 66.854.836 -80.48%

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.

HIT Welding Industry Co.,Ltd Gross Profit
Year Gross Profit Growth
2017 167.342.088
2018 193.970.069 13.73%
2019 213.442.349 9.12%
2020 205.651.329 -3.79%
2021 203.774.365 -0.92%
2022 135.991.154 -49.84%
2023 145.319.182 6.42%
2023 173.430.463 16.21%
2024 150.599.128 -15.16%

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.

HIT Welding Industry Co.,Ltd Net Profit
Year Net Profit Growth
2017 44.538.773
2018 67.130.282 33.65%
2019 69.654.804 3.62%
2020 79.332.610 12.2%
2021 76.916.319 -3.14%
2022 46.053.852 -67.01%
2023 41.532.817 -10.89%
2023 57.990.759 28.38%
2024 31.838.624 -82.14%

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.

HIT Welding Industry Co.,Ltd Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2017 0
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 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.

HIT Welding Industry Co.,Ltd Free Cashflow
Year Free Cashflow Growth
2017 -13.016.519
2018 53.287.507 124.43%
2019 -18.136.718 393.81%
2020 47.683.286 138.04%
2021 -94.413.661 150.5%
2022 -103.454.500 8.74%
2023 -82.011.265 -26.15%
2023 -35.819.989 -128.95%
2024 -13.107.091 -173.29%

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.

HIT Welding Industry Co.,Ltd Operating Cashflow
Year Operating Cashflow Growth
2017 45.145.049
2018 78.618.880 42.58%
2019 120.035.995 34.5%
2020 150.593.618 20.29%
2021 -58.268.900 358.45%
2022 13.292.551 538.36%
2023 32.067.662 58.55%
2023 0 0%
2024 -5.992.520 100%

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.

HIT Welding Industry Co.,Ltd Capital Expenditure
Year Capital Expenditure Growth
2017 58.161.568
2018 25.331.372 -129.6%
2019 138.172.713 81.67%
2020 102.910.332 -34.27%
2021 36.144.761 -184.72%
2022 116.747.051 69.04%
2023 114.078.927 -2.34%
2023 35.819.989 -218.48%
2024 7.114.571 -403.47%

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.

HIT Welding Industry Co.,Ltd Equity
Year Equity Growth
2017 458.990.318
2018 509.990.302 10%
2019 546.770.211 6.73%
2020 543.924.107 -0.52%
2021 623.288.686 12.73%
2022 1.296.235.689 51.92%
2023 1.339.493.511 3.23%
2023 1.314.208.355 -1.92%
2024 1.329.071.454 1.12%

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.

HIT Welding Industry Co.,Ltd Assets
Year Assets Growth
2017 861.364.001
2018 945.291.255 8.88%
2019 1.054.554.660 10.36%
2020 1.363.396.388 22.65%
2021 1.477.563.467 7.73%
2022 2.034.785.867 27.38%
2023 2.069.405.834 1.67%
2023 2.095.831.900 1.26%
2024 2.027.152.848 -3.39%

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.

HIT Welding Industry Co.,Ltd Liabilities
Year Liabilities Growth
2017 402.373.682
2018 435.300.952 7.56%
2019 507.784.448 14.27%
2020 819.472.280 38.04%
2021 854.274.781 4.07%
2022 738.550.177 -15.67%
2023 729.912.322 -1.18%
2023 781.623.545 6.62%
2024 661.635.221 -18.14%

HIT Welding Industry Co.,Ltd Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
8.43
Net Income per Share
0.28
Price to Earning Ratio
78.5x
Price To Sales Ratio
1.8x
POCF Ratio
-201.08
PFCF Ratio
-23.36
Price to Book Ratio
3.06
EV to Sales
1.84
EV Over EBITDA
35.17
EV to Operating CashFlow
-139.58
EV to FreeCashFlow
-23.93
Earnings Yield
0.01
FreeCashFlow Yield
-0.04
Market Cap
2,75 Bil.
Enterprise Value
2,82 Bil.
Graham Number
6.84
Graham NetNet
1.86

Income Statement Metrics

Net Income per Share
0.28
Income Quality
-0.39
ROE
0.04
Return On Assets
0.03
Return On Capital Employed
0.04
Net Income per EBT
0.93
EBT Per Ebit
1.09
Ebit per Revenue
0.03
Effective Tax Rate
0.07

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.11
Operating Profit Margin
0.03
Pretax Profit Margin
0.04
Net Profit Margin
0.03

Dividends

Dividend Yield
0.01
Dividend Yield %
0.57
Payout Ratio
0.59
Dividend Per Share
0.13

Operating Metrics

Operating Cashflow per Share
-0.11
Free CashFlow per Share
-0.65
Capex to Operating CashFlow
-4.83
Capex to Revenue
0.06
Capex to Depreciation
2.11
Return on Invested Capital
0.03
Return on Tangible Assets
0.03
Days Sales Outstanding
120.58
Days Payables Outstanding
38
Days of Inventory on Hand
96.51
Receivables Turnover
3.03
Payables Turnover
9.61
Inventory Turnover
3.78
Capex per Share
0.54

Balance Sheet

Cash per Share
2,42
Book Value per Share
7,51
Tangible Book Value per Share
6.99
Shareholders Equity per Share
7.31
Interest Debt per Share
2.65
Debt to Equity
0.36
Debt to Assets
0.23
Net Debt to EBITDA
0.83
Current Ratio
2.1
Tangible Asset Value
1,27 Bil.
Net Current Asset Value
0,72 Bil.
Invested Capital
1308567045
Working Capital
0,72 Bil.
Intangibles to Total Assets
0.05
Average Receivables
0,50 Bil.
Average Payables
0,20 Bil.
Average Inventory
347374401
Debt to Market Cap
0.17

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.

HIT Welding Industry Co.,Ltd Dividends
Year Dividends Growth
2022 0
2023 0 0%
2024 0 0%

HIT Welding Industry Co.,Ltd Profile

About HIT Welding Industry Co.,Ltd

HIT Welding Industry Co.,Ltd develops, manufactures, and sells welding materials, welding accessories, and automatic welding equipment in China. The company offers gas shielding and submerged Arc welding wires; mobile rail flash wending machines; trackless autonomous crawling Arc welding robot machines; quantong stainless steel and aluminum welding wires; and Arc light electric welding electrodes. It also provides flux-cored wires, low alloy steel welding wires, electroless copper plating welding wires, welding strips, carbon steel welding wires, and welding fittings, as well as aluminum alloy and nickel-based welding wire. The company products are used in ships, rail vehicles, automobiles, petrochemicals, construction machinery, pressure vessels, marine engineering, aerospace, nuclear power and hydropower, and other fields. The company also exports its products. HIT Welding Industry Co.,Ltd was founded in 1996 and is based in Changzhou, China.

CEO
Mr. Quanfa Zhou
Employee
820
Address
No. 386, Changhong East Road
Changzhou, 213102

HIT Welding Industry Co.,Ltd Executives & BODs

HIT Welding Industry Co.,Ltd Executives & BODs
# Name Age
1 Mr. Jinjing Zhou
Deputy GM & Non-Independent Director
70
2 Mr. Bo Chen
Deputy GM & Director
70
3 Mr. Zhenhua Li
Deputy General Manager
70
4 Mr. Quanfa Zhou
Vice Chairman & GM
70
5 Mr. Chunxin Chen
Deputy GM & Non-Independent Director
70

HIT Welding Industry Co.,Ltd Competitors