002457.SZ
Price:
$10.68
Market Cap:
$3.53B
Ningxia Qinglong Pipes Industry Group Co., Ltd. designs, manufactures, and sells concrete pressure water transmission pipes in China. The company's products include prestressed concrete steel cylinder pipes, rebar wound concrete steel cylinder pressure pipes, prestressed concrete pipes, and reinforced concrete drainage pipes; impact-resistant modified and unplasticized polyvinyl chloride pipes for water supply; steel mesh skeleton plastic composite pipes; and PE-RTII heat-resistant polyethylene heating pipes. It also provides buried high density polyethylene piping systems for gas; intelligent water saving irrigation systems; ductile iron pipes; and urban underground pipes. The company was f...[Read more]
Industry
Construction
IPO Date
2010-08-03
Stock Exchange
SHZ
Ticker
002457.SZ
According to Ningxia Qinglong Pipes Industry Group Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 8.35%. This represents a change of 300.79% compared to the average of 2.08% of the last 4 quarters.
The mean historical ROE of Ningxia Qinglong Pipes Industry Group Co., Ltd. over the last ten years is 5.07%. The current 8.35% ROE has changed 64.69% with respect to the historical average. Over the past ten years (40 quarters), 002457.SZ's ROE was at its highest in in the December 2020 quarter at 6.31%. The ROE was at its lowest in in the June 2017 quarter at -2.10%.
Average
5.07%
Median
5.27%
Minimum
1.07%
Maximum
10.85%
Discovering the peaks and valleys of Ningxia Qinglong Pipes Industry Group Co., Ltd. ROE, 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 = 891.52%
Maximum Annual ROE = 10.85%
Minimum Annual Increase = -84.96%
Minimum Annual ROE = 1.07%
| Year | ROE | Change |
|---|---|---|
| 2024 | 10.85% | 891.52% |
| 2023 | 1.09% | -84.96% |
| 2022 | 7.28% | 11.06% |
| 2021 | 6.55% | -17.95% |
| 2020 | 7.98% | 0.26% |
| 2019 | 7.96% | 99.48% |
| 2018 | 3.99% | 274.66% |
| 2017 | 1.07% | -9.86% |
| 2016 | 1.18% | -56.73% |
| 2015 | 2.73% | -17.86% |
The current ROE of Ningxia Qinglong Pipes Industry Group Co., Ltd. (002457.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
6.41%
5-year avg
6.75%
10-year avg
5.07%
Ningxia Qinglong Pipes Industry Group Co., Ltd.’s ROE is less than Shandong Donghong Pipe Industry Co., Ltd. (6.77%), less than Shandong Longquan Pipeline Engineering Co.,LTD (6.38%), greater than Shandong Yabo Technology Co., Ltd (-51.98%), less than Shenzhen Cheng Chung Design Co., Ltd. (10.28%), greater than Everjoy Health Group Co., Ltd. (-13.50%), less than Lutian Machinery Co., Ltd. (14.19%), greater than Huasu Holdings Co.,Ltd (-8.73%), less than Gansu Engineering Consulting Group Co., Ltd. (5.32%), less than Bosun Co., Ltd. (5.09%), less than Shanghai Chuangli Group Co., Ltd. (4.21%),
| Company | ROE | Market cap |
|---|---|---|
| 6.77% | $3.52B | |
| 6.38% | $2.94B | |
| -51.98% | $3.56B | |
| 10.28% | $4.14B | |
| -13.50% | $4.42B | |
| 14.19% | $3.70B | |
| -8.73% | $3.71B | |
| 5.32% | $3.90B | |
| 5.09% | $3.87B | |
| 4.21% | $3.72B |
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