301137.SZ
Price:
$44.18
Market Cap:
$5.30B
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, ...[Read more]
Industry
Industrial - Machinery
IPO Date
2022-03-22
Stock Exchange
SHZ
Ticker
301137.SZ
According to HIT Welding Industry Co.,Ltd’s latest financial reports and current stock price. The company's current PE Ratio is 163.63. This represents a change of 9.45% compared to the average of 149.50 of the last 4 quarters.
The mean historical PE Ratio of HIT Welding Industry Co.,Ltd over the last ten years is 60.14. The current 163.63 PE Ratio has changed 27.11% with respect to the historical average. Over the past ten years (40 quarters), 301137.SZ's PE Ratio was at its highest in in the September 2024 quarter at 348.38. The PE Ratio was at its lowest in in the September 2022 quarter at -97.03.
Average
60.14
Median
56.55
Minimum
48.31
Maximum
79.41
Discovering the peaks and valleys of HIT Welding Industry Co.,Ltd PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 38.93%
Maximum Annual PE Ratio = 79.41
Minimum Annual Increase = -32.65%
Minimum Annual PE Ratio = 48.31
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 79.41 | 38.93% |
| 2023 | 57.16 | 8.77% |
| 2022 | 52.55 | -6.09% |
| 2021 | 55.95 | 3.14% |
| 2020 | 54.25 | -12.20% |
| 2019 | 61.78 | 27.90% |
| 2018 | 48.31 | -32.65% |
The current PE Ratio of HIT Welding Industry Co.,Ltd (301137.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
63.04
5-year avg
59.86
10-year avg
60.14
HIT Welding Industry Co.,Ltd’s PE Ratio is greater than Atlantic China Welding Consumables, Inc. (24.48), greater than Hangzhou Youngsun Intelligent Equipment Co., Ltd. (98.59), greater than Zhongnanhong Culture Group Co. Ltd. Class A (58.25), less than Power HF Co., Ltd. (224.67), greater than Guangzhou Baiyun Electric Equipment Co., Ltd. (27.10), greater than JDM JingDaMachine(Ningbo)Co.Ltd (41.42), greater than Beijing SOJO Electric Co., Ltd. (85.86), greater than Damon Technology Group Co.,Ltd. (49.07), greater than Guangdong Lingxiao Pump Industry Co.,Ltd. (13.65), greater than Jiangsu Yawei Machine Tool Co., Ltd. (76.02),
| Company | PE Ratio | Market cap |
|---|---|---|
| 24.48 | $5.16B | |
| 98.59 | $6.76B | |
| 58.25 | $6.06B | |
| 224.67 | $7.65B | |
| 27.10 | $5.72B | |
| 41.42 | $5.04B | |
| 85.86 | $7.70B | |
| 49.07 | $5.90B | |
| 13.65 | $6.33B | |
| 76.02 | $5.72B |
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