Jiangsu Changbao Steeltube Co.,Ltd

Shenzhen Stock Exchange 002478.SZ

Jiangsu Changbao Steeltube Co.,Ltd Operating Income Margin for the year ending December 31, 2023: 12.79%

Jiangsu Changbao Steeltube Co.,Ltd Operating Income Margin is 12.79% for the year ending December 31, 2023, a 57.05% change year over year. Operating Income Ratio is the proportion of a company's operating income to its net sales, measuring the efficiency of its core business operations in generating profits.

Jiangsu Changbao Steeltube Co.,Ltd Operating Income Margin for the year ending December 31, 2022 was 8.14%, a 98.15% change year over year.
Jiangsu Changbao Steeltube Co.,Ltd Operating Income Margin for the year ending December 31, 2021 was 4.11%, a -58.09% change year over year.
Jiangsu Changbao Steeltube Co.,Ltd Operating Income Margin for the year ending December 31, 2020 was 9.80%, a -35.10% change year over year.
Jiangsu Changbao Steeltube Co.,Ltd Operating Income Margin for the year ending December 31, 2019 was 15.11%, a 25.49% change year over year.

Key data

Date	Operating Income Margin	EBT Margin	Net Income Margin	EBITDA Margin

Shenzhen Stock Exchange: 002478.SZ

Jiangsu Changbao Steeltube Co.,Ltd

CEO	Mr. Jian Cao
IPO Date	Sept. 21, 2010
Location	China
Headquarters	No.558, Yanling East Road
Employees	1,824
Sector	Materials
Industries Steel Oil & Gas Pipeline Transport

Description

Jiangsu Changbao Steeltube Co.,Ltd produces and sells steel tubes in the People's Republic of China. The company offers OCTG products for 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, piping for hydraulic cylinders, and axel tubes; petrochemical tubes, steel tubes for low temperature resistance, and high pressure fertilizer tubes; and steel tubes for engineering machinery industry, such as mechanical steel pipes, boom pipes, and piping for hydraulic cylinders. It also provides line pipes, geological drilling pipes, core barrels, rope corning drill pipe materials, gas cylinder pipes, and accumulator tubes, as well as steel pipes for marine engineering, structural purpose, and fluid transmission. It exports its products to Europe, the Americas, the Middle East, CIS, Southeast Asia, Australia, Africa, and internationally. The company was founded in 1958 and is based in Changzhou, China.

Key trends

Past 5 years