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CITIC Heavy Industries Co Ltd Class A 601608

Morningstar Rating
CNY 3.93 +0.01 (0.26%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

601608 is trading at a 35% premium.
Price
CNY 3.94
Fair Value
CNY 2.87
Uncertainty
High
1-Star Price
CNY 6.58
5-Star Price
CNY 3.12
Economic Moat
Kqyjy
Capital Allocation
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Trading Information

Previous Close Price
CNY 3.92
Day Range
CNY 3.893.95
52-Week Range
CNY 3.255.06
Bid/Ask
CNY 3.93 / CNY 3.94
Market Cap
CNY 17.05 Bil
Volume/Avg
20.9 Mil / 41.6 Mil

Key Statistics

Price/Earnings (Normalized)
51.89
Price/Sales
1.79
Dividend Yield (Trailing)
0.73%
Dividend Yield (Forward)
0.73%
Total Yield
0.73%

Company Profile

CITIC Heavy Industries Co Ltd manufactures and distributes large-scale equipment, large complete sets of technical equipment, large castings and forging. Its products include building materials, mining, metallurgy and environmental protection equipment. Geographically, it operates through China, however, its products are sold in both China and internationally.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Mid Growth
Total Number of Employees
7,002

Comparables

Valuation

Metric
601608
300278
301187
Price/Earnings (Normalized)
51.8958.6719.85
Price/Book Value
2.112.502.60
Price/Sales
1.791.602.83
Price/Cash Flow
12.6213.04
Price/Earnings
601608
300278
301187

Financial Strength

Metric
601608
300278
301187
Quick Ratio
0.701.141.73
Current Ratio
1.321.801.90
Interest Coverage
32.42
Quick Ratio
601608
300278
301187

Profitability

Metric
601608
300278
301187
Return on Assets (Normalized)
1.78%2.68%8.09%
Return on Equity (Normalized)
4.21%4.77%12.51%
Return on Invested Capital (Normalized)
2.83%3.82%10.81%
Return on Assets
601608
300278
301187
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