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CITIC Heavy Industries Co Ltd
SSE:601608

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CITIC Heavy Industries Co Ltd
SSE:601608
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Price: 6.18 CNY -0.96% Market Closed
Market Cap: ¥28.3B

CITIC Heavy Industries Co Ltd's latest stock split occurred on Aug 25, 2015

The company executed a 3-for-2 stock split, meaning that for every 2 shares held, investors received 3 new shares.

Before the split, CITIC Heavy Industries Co Ltd traded at 11.4 per share. Afterward, the share price was about 6.6864.

The adjusted shares began trading on Aug 25, 2015. This was the only stock split in CITIC Heavy Industries Co Ltd's history.

Last Splits:
Aug 25, 2015
3-for-2
Pre-Split Price
7.4091 11.4
Post-Split Price
6.6864
Before
After
Last Splits:
Aug 25, 2015
3-for-2

CITIC Heavy Industries Co Ltd
Stock Splits History

CITIC Heavy Industries Co Ltd Stock Splits Timeline
Aug 25, 2015
Aug 25, 2015
Split 3-for-2
x1.5
Pre-Split Price
7.4091 11.4
Post-Split Price
6.6864
Before
After

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CITIC Heavy Industries Co Ltd
Glance View

Market Cap
28.3B CNY
Industry
Machinery

CITIC Heavy Industries Co., Ltd. is a formidable player in the industrial sector, hailing from the expansive realm of Henan, China. Formed under the auspices of the diversified conglomerate CITIC Group, the company has carved a niche for itself with its adeptness in manufacturing heavy machinery. CITIC Heavy Industries is not just another behemoth in the industrial landscape but a flagship that promotes innovation and engineering excellence. Its core competencies lie in producing robust and advanced equipment that caters to industries such as mining, cement, and metallurgical sectors, alongside forging ahead in new frontiers like robotics and environmental protection technology. The company generates its revenue by providing a comprehensive suite of products and services, which includes not only the manufacturing of heavy machinery but also offering bespoke engineering solutions. The key to its profitability lies in its ability to tailor equipment, such as grinding mills, crushers, and kilns, to the specific needs of clients across the globe. With an eye for the future, CITIC Heavy Industries also delves into the research and development of new technologies, ensuring a stream of innovations that keep pace with industry demands. Through strategic collaborations and an expansive global footprint, it extends its reach beyond China, making substantial impacts in international markets. This strategy of blending traditional industrial strength with modern technological advancements places CITIC at the zenith of industry leaders.

Intrinsic Value
3.77 CNY
Overvaluation 39%
Intrinsic Value
Price ¥6.18
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