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Jiangsu Changbao Steeltube Co Ltd Class A 002478

Morningstar Rating
CNY 6.08 +0.23 (3.93%)
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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

002478 is trading at a 25% discount.
Price
CNY 5.83
Fair Value
CNY 6.48
Uncertainty
Very High
1-Star Price
CNY 17.35
5-Star Price
CNY 8.45
Economic Moat
Ftnh
Capital Allocation
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Trading Information

Previous Close Price
CNY 5.85
Day Range
CNY 5.916.09
52-Week Range
CNY 4.427.98
Bid/Ask
CNY 6.08 / CNY 6.09
Market Cap
CNY 5.48 Bil
Volume/Avg
20.7 Mil / 28.2 Mil

Key Statistics

Price/Earnings (Normalized)
8.00
Price/Sales
0.85
Dividend Yield (Trailing)
3.08%
Dividend Yield (Forward)
3.08%
Total Yield
3.08%

Company Profile

Jiangsu Changbao Steeltube Co Ltd is a manufacturing service company specialized in the production of seamless tubes. The company offers OCTG products for the petroleum industry, including connection tubings and casings, coupling stocks, perforating gun carrier pipes, petroleum tool pipes, drill pipes, and slotted pipes; boiler tubes for power generation; steel tubes for auto industry comprising automobile precision tubes.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Small Value
Total Number of Employees
1,824

Comparables

Valuation

Metric
002478
603878
002443
Price/Earnings (Normalized)
8.0015.2011.63
Price/Book Value
0.981.720.91
Price/Sales
0.851.450.56
Price/Cash Flow
54.1314.993.88
Price/Earnings
002478
603878
002443

Financial Strength

Metric
002478
603878
002443
Quick Ratio
1.742.102.60
Current Ratio
2.373.334.41
Interest Coverage
222.5326.6677.90
Quick Ratio
002478
603878
002443

Profitability

Metric
002478
603878
002443
Return on Assets (Normalized)
7.76%5.77%
Return on Equity (Normalized)
11.78%8.09%
Return on Invested Capital (Normalized)
10.65%6.70%
Return on Assets
002478
603878
002443
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Steel Industry Comparables

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Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NUE
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PKX
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STLD
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AMSYF
ArcelorMittal SA New Reg.Shs ex-ArcelorJfxfrtbyjCvxqh$21.0 Bil
MT
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NISTF
Nippon Steel CorpTzgw$20.9 Bil
NPSCY
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RS
Reliance IncYtygvgrrmVzy$16.6 Bil
JFEEF
JFE Holdings IncXhcn$9.7 Bil
CLF
Cleveland-Cliffs IncTnnyKstq$8.4 Bil

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