605255.SS
Price:
$148
Market Cap:
$19.84B
Ningbo TIP Rubber Technology Co., Ltd focuses on the research and development, production, and sale of automotive high polymers fluid pipeline systems, and sealing system parts and assemblies. Its products include water hoses, fuel hoses, moulded parts, assemblies, rubber compounds, metal processing/plastic parts, and hydraulic hoses. The company was founded in 2009 and is based in Ninghai, China.
Industry
Auto - Parts
IPO Date
2020-08-25
Stock Exchange
SHH
Ticker
605255.SS
According to Ningbo TIP Rubber Technology Co., Ltd’s latest financial reports and current stock price. The company's current ROE is 3.99%. This represents a change of 301.03% compared to the average of 1.00% of the last 4 quarters.
The mean historical ROE of Ningbo TIP Rubber Technology Co., Ltd over the last ten years is 11.89%. The current 3.99% ROE has changed -66.43% with respect to the historical average. Over the past ten years (40 quarters), 605255.SS's ROE was at its highest in in the December 2019 quarter at 4.96%. The ROE was at its lowest in in the March 2019 quarter at 0%.
Average
11.89%
Median
6.69%
Minimum
3.04%
Maximum
26.24%
Discovering the peaks and valleys of Ningbo TIP Rubber Technology 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 = 30.64%
Maximum Annual ROE = 26.24%
Minimum Annual Increase = -56.14%
Minimum Annual ROE = 3.04%
| Year | ROE | Change |
|---|---|---|
| 2024 | 4.05% | 11.46% |
| 2023 | 3.63% | 19.58% |
| 2022 | 3.04% | -32.65% |
| 2021 | 4.51% | -32.63% |
| 2020 | 6.69% | -56.14% |
| 2019 | 15.26% | -35.24% |
| 2018 | 23.56% | -10.23% |
| 2017 | 26.24% | 30.64% |
The current ROE of Ningbo TIP Rubber Technology Co., Ltd (605255.SS) 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
3.57%
5-year avg
4.38%
10-year avg
11.89%
Ningbo TIP Rubber Technology Co., Ltd’s ROE is less than Changying Xinzhi Technology Co.,Ltd. (1.61%), less than Zhejiang Zhaofeng Mechanical and Electronic Co.,Ltd. (13.21%), less than Chengdu Haoneng Technology Co., Ltd. (10.54%), less than Zhejiang Jingu Company Limited (0.94%), less than Camel Group Co., Ltd. (7.65%), less than Zhejiang Wanliyang Co., Ltd. (5.53%), less than Jiangsu NanFang Precision Co.,Ltd. (26.77%), greater than Beijing Jingwei Hirain Technologies Co., Inc. (-5.40%), less than Triangle Tyre Co., Ltd (6.65%), greater than Shanghai Aerospace Automobile Electromechanical Co., Ltd. (-5.84%),
| Company | ROE | Market cap |
|---|---|---|
| 1.61% | $9.04B | |
| 13.21% | $8.97B | |
| 10.54% | $11.95B | |
| 0.94% | $8.35B | |
| 7.65% | $10.59B | |
| 5.53% | $11.76B | |
| 26.77% | $9.02B | |
| -5.40% | $10.47B | |
| 6.65% | $11.42B | |
| -5.84% | $24.30B |
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