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xiangyang automobile bear-a (000678) Details

Xiangyang Automobile Bearing Co., Ltd. researches, develops, manufactures, and sells automobile bearings primarily in China. The company offers ball, TRB, CRB, NRB, CHB, CVJ, CJ, and other bearings. It also provides various bearing products in the areas of machinery, agricultural machinery, household appliances, wind power, etc. The company serves various heavy-duty, middle-duty, light-duty, and original equipment markets, as well as aftermarket. It also exports its products to Europe, the United States, Southeast Asia, and other countries and regions. The company was founded in 1968 and is based in Xiangyang, China. Xiangyang Automobile Bearing Co., Ltd. is a subsidiary of Tri-Ring Group Co.,Ltd.

4,464 Employees
Last Reported Date: 04/26/19
Founded in 1968

xiangyang automobile bear-a (000678) Top Compensated Officers

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Executives, Board Directors

xiangyang automobile bear-a
Xiangyang Automobile Bearing Co., Ltd. Approves Board Elections

Xiangyang Automobile Bearing Co., Ltd. at its 2nd Extraordinary General Meeting of 2019 on 29 May 2019, approved the election of Zhan Bin and Pan Feng as non-independent directors. The company also approved the election of Zhou Yu and Shi Jun as independent directors.

Xiangyang Automobile Bearing Co., Ltd., Special/Extraordinary Shareholders Meeting, May 29, 2019

Xiangyang Automobile Bearing Co., Ltd., Special/Extraordinary Shareholders Meeting, May 29, 2019, at 14:00 China Standard Time. Agenda: To consider the election of non-independent directors, cumulative voting system applicable; to consider the election of independent directors, cumulative voting system applicable; and to consider the election of shareholder supervisors, cumulative voting system applicable.

Xiangyang Automobile Bearing Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019

Xiangyang Automobile Bearing Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 338.337 million compared to CNY 387.297 million a year ago. Operating loss was CNY 12.638 million compared to operating Income of CNY 2.196 million a year ago. Net loss was CNY 12.909 million compared to net income of CNY 432,470.19 a year ago. Basic loss per share from continuing operations was CNY 0.028 compared to basic earnings per share from continuing operations of CNY 0.001 a year ago.

 

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Valuation 000678 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.1x
Price/Book 2.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.4x
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