Ningbo Water Meter (Group) Co., LTD. Logo

Ningbo Water Meter (Group) Co., LTD.

603700.SS

(2.0)
Stock Price

10,12 CNY

4.99% ROA

6.97% ROE

20.3x PER

Market Cap.

2.171.039.522,00 CNY

19.78% DER

2.61% Yield

6.84% NPM

Ningbo Water Meter (Group) Co., LTD. Stock Analysis

Ningbo Water Meter (Group) 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.

Ningbo Water Meter (Group) Co., LTD. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (8%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

3 ROE

ROE in an average range (9.32%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (6.35%) 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.

5 PBV

The stock's PBV ratio (1.88x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (118) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 Revenue Growth

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

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Assets 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 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Ningbo Water Meter (Group) 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.

Ningbo Water Meter (Group) Co., LTD. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Ningbo Water Meter (Group) 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.

Ningbo Water Meter (Group) Co., LTD. Revenue
Year Revenue Growth
2013 683.692.973
2014 798.449.123 14.37%
2015 734.709.415 -8.68%
2016 826.202.170 11.07%
2017 814.176.166 -1.48%
2018 1.029.312.558 20.9%
2019 1.371.124.665 24.93%
2020 1.590.152.353 13.77%
2021 1.717.290.642 7.4%
2022 1.554.958.423 -10.44%
2023 1.790.085.907 13.13%
2023 1.789.198.828 -0.05%
2024 1.542.998.236 -15.96%

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.

Ningbo Water Meter (Group) Co., LTD. Research and Development Expenses
Year Research and Development Expenses Growth
2013 23.846.727
2014 21.396.532 -11.45%
2015 55.641.169 61.55%
2016 47.436.219 -17.3%
2017 46.159.104 -2.77%
2018 31.612.532 -46.02%
2019 41.960.236 24.66%
2020 56.882.265 26.23%
2021 62.677.157 9.25%
2022 60.276.565 -3.98%
2023 80.608.365 25.22%
2023 69.723.217 -15.61%
2024 60.604.920 -15.05%

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.

Ningbo Water Meter (Group) Co., LTD. General and Administrative Expenses
Year General and Administrative Expenses Growth
2013 10.200.977
2014 7.681.345 -32.8%
2015 -50.955.256 115.07%
2016 -49.030.986 -3.92%
2017 -47.953.400 -2.25%
2018 10.872.516 541.05%
2019 11.124.467 2.26%
2020 12.420.249 10.43%
2021 14.397.638 13.73%
2022 17.982.750 19.94%
2023 241.071.668 92.54%
2023 22.423.835 -975.07%
2024 -44.925.178 149.91%

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.

Ningbo Water Meter (Group) Co., LTD. EBITDA
Year EBITDA Growth
2013 73.568.644
2014 116.238.592 36.71%
2015 133.413.938 12.87%
2016 178.605.063 25.3%
2017 163.725.130 -9.09%
2018 180.595.235 9.34%
2019 273.253.999 33.91%
2020 350.885.920 22.12%
2021 313.044.492 -12.09%
2022 207.802.220 -50.65%
2023 184.361.406 -12.71%
2023 217.000.295 15.04%
2024 72.106.840 -200.94%

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.

Ningbo Water Meter (Group) Co., LTD. Gross Profit
Year Gross Profit Growth
2013 156.518.958
2014 200.806.852 22.05%
2015 225.647.690 11.01%
2016 276.135.964 18.28%
2017 284.222.138 2.85%
2018 341.230.671 16.71%
2019 484.210.886 29.53%
2020 546.200.895 11.35%
2021 527.724.787 -3.5%
2022 440.890.479 -19.7%
2023 539.873.609 18.33%
2023 513.332.872 -5.17%
2024 267.590.572 -91.84%

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.

Ningbo Water Meter (Group) Co., LTD. Net Profit
Year Net Profit Growth
2013 45.094.804
2014 85.863.756 47.48%
2015 95.089.850 9.7%
2016 130.744.038 27.27%
2017 121.358.212 -7.73%
2018 137.209.942 11.55%
2019 212.296.685 35.37%
2020 273.091.001 22.26%
2021 235.370.594 -16.03%
2022 126.387.869 -86.23%
2023 122.090.737 -3.52%
2023 131.262.704 6.99%
2024 74.589.852 -75.98%

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.

Ningbo Water Meter (Group) Co., LTD. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2013 1
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 100%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%
2023 1 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.

Ningbo Water Meter (Group) Co., LTD. Free Cashflow
Year Free Cashflow Growth
2013 70.841.214
2014 89.453.155 20.81%
2015 59.133.665 -51.27%
2016 143.056.919 58.66%
2017 124.514.658 -14.89%
2018 82.682.561 -50.59%
2019 94.884.665 12.86%
2020 53.915.943 -75.99%
2021 20.783.372 -159.42%
2022 -153.590.226 113.53%
2023 123.501.348 224.36%
2023 20.712.778 -496.26%
2024 16.353.924 -26.65%

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.

Ningbo Water Meter (Group) Co., LTD. Operating Cashflow
Year Operating Cashflow Growth
2013 77.895.033
2014 98.122.100 20.61%
2015 75.912.081 -29.26%
2016 153.478.126 50.54%
2017 133.848.774 -14.67%
2018 102.141.249 -31.04%
2019 139.720.756 26.9%
2020 126.758.759 -10.23%
2021 161.012.833 21.27%
2022 84.251.373 -91.11%
2023 184.902.430 54.43%
2023 32.597.930 -467.22%
2024 28.818.850 -13.11%

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.

Ningbo Water Meter (Group) Co., LTD. Capital Expenditure
Year Capital Expenditure Growth
2013 7.053.818
2014 8.668.945 18.63%
2015 16.778.415 48.33%
2016 10.421.207 -61%
2017 9.334.116 -11.65%
2018 19.458.687 52.03%
2019 44.836.091 56.6%
2020 72.842.816 38.45%
2021 140.229.461 48.05%
2022 237.841.599 41.04%
2023 61.401.082 -287.36%
2023 11.885.152 -416.62%
2024 12.464.926 4.65%

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.

Ningbo Water Meter (Group) Co., LTD. Equity
Year Equity Growth
2013 152.562.116
2014 192.335.040 20.68%
2015 285.141.932 32.55%
2016 370.980.690 23.14%
2017 420.648.923 11.81%
2018 512.910.497 17.99%
2019 1.245.989.327 58.84%
2020 1.454.059.007 14.31%
2021 1.596.335.623 8.91%
2022 1.532.534.068 -4.16%
2023 1.609.131.537 4.76%
2023 1.559.112.368 -3.21%
2024 1.557.186.044 -0.12%

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.

Ningbo Water Meter (Group) Co., LTD. Assets
Year Assets Growth
2013 421.230.382
2014 444.862.652 5.31%
2015 483.801.587 8.05%
2016 615.584.146 21.41%
2017 688.825.058 10.63%
2018 824.579.737 16.46%
2019 1.700.511.780 51.51%
2020 2.059.923.483 17.45%
2021 2.220.987.101 7.25%
2022 2.350.421.284 5.51%
2023 2.275.658.935 -3.29%
2023 2.305.811.565 1.31%
2024 2.255.038.312 -2.25%

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.

Ningbo Water Meter (Group) Co., LTD. Liabilities
Year Liabilities Growth
2013 268.668.264
2014 252.527.610 -6.39%
2015 198.659.654 -27.12%
2016 244.603.455 18.78%
2017 268.176.135 8.79%
2018 311.669.239 13.95%
2019 454.522.451 31.43%
2020 605.864.475 24.98%
2021 624.651.476 3.01%
2022 817.887.215 23.63%
2023 666.527.397 -22.71%
2023 746.699.197 10.74%
2024 688.248.183 -8.49%

Ningbo Water Meter (Group) Co., LTD. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
8.27
Net Income per Share
0.57
Price to Earning Ratio
20.3x
Price To Sales Ratio
1.35x
POCF Ratio
17.92
PFCF Ratio
31.36
Price to Book Ratio
1.44
EV to Sales
1.4
EV Over EBITDA
15.97
EV to Operating CashFlow
18.04
EV to FreeCashFlow
32.57
Earnings Yield
0.05
FreeCashFlow Yield
0.03
Market Cap
2,17 Bil.
Enterprise Value
2,25 Bil.
Graham Number
10.09
Graham NetNet
2.26

Income Statement Metrics

Net Income per Share
0.57
Income Quality
1.13
ROE
0.07
Return On Assets
0.05
Return On Capital Employed
0.06
Net Income per EBT
0.88
EBT Per Ebit
1.31
Ebit per Revenue
0.06
Effective Tax Rate
0.11

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.27
Operating Profit Margin
0.06
Pretax Profit Margin
0.08
Net Profit Margin
0.07

Dividends

Dividend Yield
0.03
Dividend Yield %
2.61
Payout Ratio
1.08
Dividend Per Share
0.3

Operating Metrics

Operating Cashflow per Share
0.64
Free CashFlow per Share
0.36
Capex to Operating CashFlow
0.45
Capex to Revenue
0.03
Capex to Depreciation
4.51
Return on Invested Capital
0.05
Return on Tangible Assets
0.05
Days Sales Outstanding
200.44
Days Payables Outstanding
95.95
Days of Inventory on Hand
124.3
Receivables Turnover
1.82
Payables Turnover
3.8
Inventory Turnover
2.94
Capex per Share
0.29

Balance Sheet

Cash per Share
1,36
Book Value per Share
8,04
Tangible Book Value per Share
7.82
Shareholders Equity per Share
7.99
Interest Debt per Share
1.59
Debt to Equity
0.2
Debt to Assets
0.14
Net Debt to EBITDA
0.59
Current Ratio
2.31
Tangible Asset Value
1,52 Bil.
Net Current Asset Value
0,87 Bil.
Invested Capital
1334057002
Working Capital
0,89 Bil.
Intangibles to Total Assets
0.02
Average Receivables
0,84 Bil.
Average Payables
0,28 Bil.
Average Inventory
392899782
Debt to Market Cap
0.14

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.

Ningbo Water Meter (Group) Co., LTD. Dividends
Year Dividends Growth
2019 0
2020 0 0%
2021 0 0%
2022 1 0%
2023 0 0%
2024 0 0%

Ningbo Water Meter (Group) Co., LTD. Profile

About Ningbo Water Meter (Group) Co., LTD.

Ningbo Water Meter (Group) Co., LTD. manufactures and sells water meters in China and internationally. The company offers multi and single-jet, volumetric rotary piston, woltmann, ultrasonic, AWWA standard, and batch control water meters; heat, oscillating, pre-payment, and electronic magnetic flow meters; test bench products; and water meter boxes, as well as spare parts for water meters. It also provides water management solutions for domestic, industrial, and irrigative uses. The company was founded in 1958 and is based in Ningbo, China.

CEO
Ms. Lin Zhang
Employee
1.148
Address
No.355, Hongxing Road
Ningbo, 315032

Ningbo Water Meter (Group) Co., LTD. Executives & BODs

Ningbo Water Meter (Group) Co., LTD. Executives & BODs
# Name Age
1 Ms. Lin Zhang
GM & Chairman of the Board
70
2 Mr. Wei Chen
Deputy General Manager
70

Ningbo Water Meter (Group) Co., LTD. Competitors