300307.SZ
Price:
$7.42
Market Cap:
$5.89B
Ningbo Cixing Co.,Ltd. manufactures and sells knitting machinery in China and internationally. Its products include flat knitting machines, steiger, circular machines, computerized shoe machines, automated shoe-making production line, automatic ironing machines, industrial robots, etc. The company also provides after-sales and technical support services. Ningbo Cixing Co.,Ltd. was founded in 1988 and is based in Ningbo, China.
Industry
Industrial - Machinery
IPO Date
2012-03-29
Stock Exchange
SHZ
Ticker
300307.SZ
According to Ningbo Cixing Co.,Ltd.’s latest financial reports and current stock price. The company's current ROE is 2.95%. This represents a change of 305.43% compared to the average of 0.73% of the last 4 quarters.
The mean historical ROE of Ningbo Cixing Co.,Ltd. over the last ten years is -1.35%. The current 2.95% ROE has changed -318.63% with respect to the historical average. Over the past ten years (40 quarters), 300307.SZ's ROE was at its highest in in the March 2024 quarter at 7.14%. The ROE was at its lowest in in the December 2019 quarter at -28.85%.
Average
-1.35%
Median
3.32%
Minimum
-27.42%
Maximum
8.86%
Discovering the peaks and valleys of Ningbo Cixing 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 = 129.59%
Maximum Annual ROE = 8.86%
Minimum Annual Increase = -905.04%
Minimum Annual ROE = -27.42%
| Year | ROE | Change |
|---|---|---|
| 2024 | 8.86% | 129.59% |
| 2023 | 3.86% | 16.25% |
| 2022 | 3.32% | -0.36% |
| 2021 | 3.33% | -116.17% |
| 2020 | -20.59% | -24.89% |
| 2019 | -27.42% | -905.04% |
| 2018 | 3.41% | -42.18% |
| 2017 | 5.89% | 85.48% |
| 2016 | 3.18% | 19.08% |
| 2015 | 2.67% | -128.70% |
The current ROE of Ningbo Cixing Co.,Ltd. (300307.SZ) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.34%
5-year avg
-0.25%
10-year avg
-1.35%
Ningbo Cixing Co.,Ltd.’s ROE is less than Jiangsu JIXIN Wind Energy Technology Co., Ltd. (3.73%), less than Wuhan Zhongyuan Huadian Science & Technology Co.,Ltd. (9.26%), less than Shenzhen JT Automation Equipment Co.,Ltd (13.88%), less than Jiangsu Yawei Machine Tool Co., Ltd. (4.33%), less than Ning Xia Yin Xing Energy Co.,Ltd (3.07%), less than Beijing Chieftain Control Engineering Technology Co., Ltd. (2.94%), less than Nanfang Ventilator Co., Ltd. (3.73%), less than Damon Technology Group Co.,Ltd. (8.43%), less than Top Resource Energy Co., Ltd. Class A (2.08%), less than Xuzhou Handler Special Vehicle Co., Ltd (16.72%),
| Company | ROE | Market cap |
|---|---|---|
| 3.73% | $4.88B | |
| 9.26% | $5.24B | |
| 13.88% | $4.52B | |
| 4.33% | $5.72B | |
| 3.07% | $5.24B | |
| 2.94% | $5.14B | |
| 3.73% | $5.09B | |
| 8.43% | $5.90B | |
| 2.08% | $4.76B | |
| 16.72% | $5.65B |
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