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 ROE is 3.64%. This represents a change of 300.00% compared to the average of 0.91% of the last 4 quarters.
The mean historical ROE of HIT Welding Industry Co.,Ltd over the last ten years is 9.18%. The current 3.64% ROE has changed -60.31% with respect to the historical average. Over the past ten years (40 quarters), 301137.SZ's ROE was at its highest in in the December 2020 quarter at 4.74%. The ROE was at its lowest in in the September 2022 quarter at -0.52%.
Average
9.18%
Median
11.03%
Minimum
2.98%
Maximum
14.59%
Discovering the peaks and valleys of HIT Welding Industry 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 = 35.30%
Maximum Annual ROE = 14.59%
Minimum Annual Increase = -71.21%
Minimum Annual ROE = 2.98%
| Year | ROE | Change |
|---|---|---|
| 2024 | 2.98% | -31.17% |
| 2023 | 4.33% | 21.85% |
| 2022 | 3.55% | -71.21% |
| 2021 | 12.34% | -15.39% |
| 2020 | 14.59% | 14.49% |
| 2019 | 12.74% | -3.22% |
| 2018 | 13.16% | 35.30% |
The current ROE of HIT Welding Industry Co.,Ltd (301137.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
3.62%
5-year avg
7.56%
10-year avg
9.18%
HIT Welding Industry Co.,Ltd’s ROE is less than Atlantic China Welding Consumables, Inc. (8.77%), less than Hangzhou Youngsun Intelligent Equipment Co., Ltd. (2.51%), less than Zhongnanhong Culture Group Co. Ltd. Class A (4.66%), less than Power HF Co., Ltd. (1.86%), less than Guangzhou Baiyun Electric Equipment Co., Ltd. (6.07%), less than JDM JingDaMachine(Ningbo)Co.Ltd (12.94%), less than Beijing SOJO Electric Co., Ltd. (5.28%), less than Damon Technology Group Co.,Ltd. (8.43%), less than Guangdong Lingxiao Pump Industry Co.,Ltd. (20.06%), less than Jiangsu Yawei Machine Tool Co., Ltd. (4.33%),
| Company | ROE | Market cap |
|---|---|---|
| 8.77% | $5.16B | |
| 2.51% | $6.76B | |
| 4.66% | $6.06B | |
| 1.86% | $7.65B | |
| 6.07% | $5.72B | |
| 12.94% | $5.04B | |
| 5.28% | $7.70B | |
| 8.43% | $5.90B | |
| 20.06% | $6.33B | |
| 4.33% | $5.72B |
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