Company Tongling Jingda Special Magnet Wire Co., Ltd.

Equities

600577

CNE000001CG7

Electrical Components & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sales per region

Ratings for Tongling Jingda Special Magnet Wire Co., Ltd.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Wires & Cables

TONGLING JINGDA SPECIAL MAGNET WIRE CO., LTD.

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
4.53 ^CNY	0.00%		+2.95%	+9.42%

Mar. 25	China and Hong Kong stocks close down as investors take profits	RE
Mar. 18	Tongling Jingda Special Magnet Wire Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Tongling Jingda Special Magnet Wire Co Ltd is a China-based company mainly engaged in the production, research and development, and sales of special electromagnetic wires, special conductors, and mold manufacturing and repair. The Company's main products include enameled wire, automotive electronic wire, bare copper wire, special conductors, copper and aluminum rods and transportation. The Company's products are mainly used in automobiles, electric power, motors, photovoltaics, electronics, communications, power grids, transportation, aerospace and home appliances. The Company mainly operates its businesses in the domestic and overseas markets.

Number of employees: 3,557

CNY in Million	2022	Weight	2023	Weight	Delta
Enameled Wire 70.7 %	12,090	68.9 %	12,662	70.7 %	+4.73%
Automobile, Electronic Wire 16.5 %	3,176	18.1 %	2,963	16.5 %	-6.72%
Special Conductor 4.3 %	802	4.6 %	766	4.3 %	-4.57%
Bare Copper Wire 4.2 %	740	4.2 %	748	4.2 %	+1.10%
Other 3.9 %	617	3.5 %	699	3.9 %	+13.43%
Copper and Aluminum Rod 0.4 %	116	0.7 %	68	0.4 %	-41.22%
Transportation 0.0 %	1	0.0 %	0	0.0 %	-89.56%

CNY in Million	2022	Weight	2023	Weight	Delta
China 94.5 %	16,095	95.1 %	16,254	94.5 %	+0.99%
Abroad 5.5 %	831	4.9 %	953	5.5 %	+14.68%

Managers	Title	Age	Since
Bing Qin CEO	Chief Executive Officer	55	16-04-06
Kong You Hu CHM	Chairman	60	19-04-22
Jun Qiang Zhang DFI	Director of Finance/CFO	48	21-04-06
Xiao Li CHM	Chairman	51	06-12-01
Xiao Fang Xu BRD	Director/Board Member	43	-
Shi Gen Wang BRD	Director/Board Member	72	06-12-01
Qian Zhang IRC	Investor Relations Contact	-	-
Jiang Zhou SEC	Corporate Secretary	45	-

Members of the board	Title	Age	Since
Guangrong Li BRD	Director/Board Member	61	23-04-10
Shi Gen Wang BRD	Director/Board Member	72	06-12-01
Xiao Li CHM	Chairman	51	06-12-01
Xiao Fang Xu BRD	Director/Board Member	43	-
Jun Qiang Zhang DFI	Director of Finance/CFO	48	21-04-06
Lian Sheng Zheng BRD	Director/Board Member	44	19-04-22
Kong You Hu CHM	Chairman	60	19-04-22
Bing Qin CEO	Chief Executive Officer	55	16-04-06
Wan Ming Zhang BRD	Director/Board Member	51	23-03-06
Bao Xin Su BRD	Director/Board Member	44	23-03-06

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	2,160,340,261	1,433,899,009 ( 66.37 %)	80,683,333 ( 3.735 %)	66.37 %

Name	Equities	%	Valuation
Guangrong Li 14.33 %	286,000,057	14.33 %	205 M ¥
Sinosafe General Insurance Co., Ltd. 9.790 %	195,395,729	9.790 %	140 M ¥
Orient Securities Asset Management Co. Ltd. 3.096 %	61,781,626	3.096 %	44 M ¥
Shi Xun Qiu 1.659 %	33,118,800	1.659 %	24 M ¥
Tongling Jingda Special Magnet Wire Co. Ltd. ESOP 1.230 %	24,550,000	1.230 %	18 M ¥
Jun Shen 1.140 %	22,760,000	1.140 %	16 M ¥
China Life Asset Management Co., Ltd. 0.6566 %	13,104,400	0.6566 %	9 M ¥
China Asset Management Co., Ltd. 0.1364 %	2,721,600	0.1364 %	2 M ¥
China Southern Asset Management Co., Ltd. 0.1241 %	2,476,900	0.1241 %	2 M ¥
Fullgoal Fund Management Co., Ltd. 0.1150 %	2,295,620	0.1150 %	2 M ¥

Name	Equities	%	Valuation
Guangrong Li 100.00 %	83,333,333	100.00 %	60 M ¥

Tongling Jingda Special Magnet Wire Co., Ltd.

988 Huangshan Avenue North Section

244061, Tongling

+86 56 2280 9086

http://www.jingda.cn

address Tongling Jingda Special Magnet Wire Co., Ltd.(600577)

Trading Rating

Investor Rating

ESG Refinitiv

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Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

4.53 CNY

Average target price

4.967 CNY

Spread / Average Target

+9.64%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Electrical Components & Equipment

Wires & Cables

	1st Jan change	Capi.
TONGLING JINGDA SPECIAL MAGNET WIRE CO., LTD.	+9.42%	1.3B
PRYSMIAN S.P.A.	+24.31%	14.45B
WALSIN LIHWA CORPORATION	-4.79%	4.57B
ENCORE WIRE CORPORATION	+33.38%	4.48B
KEI INDUSTRIES LIMITED	+19.84%	4.24B
RIYADH CABLES GROUP COMPANY	+2.81%	3.8B
NINGBO ORIENT WIRES & CABLES CO.,LTD.	-8.68%	3.68B
LS CORP.	+37.12%	2.34B
R R KABEL LIMITED	+7.02%	2.25B
QINGDAO HANHE CABLE CO.,LTD	-7.75%	1.69B

Wires & Cables