Ningbo Tuopu (601689.SS) – 24‑Hour Market Snapshot
- Closing price: CNY 42.17
- Trading volume: CNY 996.4 million
- Shares outstanding: 1.7 billion
- Market cap: CNY 69.2 billion
- Daily change: 0 %
- 52‑week high: CNY 85.50 (21 Jan 2026)
- 52‑week low: CNY 37.76 (15 Oct 2026)
- 200‑day SMA: CNY 51.96
In the last 24 hours, Ningbo Tuopu’s share price remained unchanged, trading at CNY 42.17 on major exchanges. The company’s trading volume of CNY 996.4 million represents a modest portion of its outstanding shares, indicating a relatively low liquidity profile for the day.
Recent Financial Performance
Ningbo Tuopu Group Co. Ltd., a manufacturer of robotic components and automotive drive systems, has experienced a gradual erosion of profitability over recent years. The company’s core revenue streams—precision metal drives and worm gear assemblies—have faced modest price compression. A key customer has redirected a portion of its demand to in‑house production, reducing Ningbo Tuopu’s concentration on its top client and narrowing margin levels.
While the firm pursues expansion initiatives, it warns that overcapacity could further compress margins if new production capacity exceeds market demand. Despite these challenges, Ningbo Tuopu remains active in both the humanoid robotics and electric‑vehicle markets. However, recent orders have slowed, reflecting broader softness in these segments.
Related Stock Activity (Last 24 Hours)
| Stock | Ticker | 24‑hr change | Current price | Market cap | P/E ratio |
|---|---|---|---|---|---|
| Cnpc Capital | 000617.SZ | 0 % | CNY 6.48 | CNY 82.2 bn | 16.49 |
| Jiangsu Eastern Shenghong | 000301.SZ | 0 % | CNY 12.1 | CNY 80.7 bn | 19.54 |
| Cosco Shipping Energy Trans‑H | 1138.HK | –1.8 % | HKD 17.13 | HKD 95.1 bn | 14.7 |
| Bank of Chengdu | 601838.SS | 0 % | CNY 19.06 | CNY 80.9 bn | 6.2 |
| XCMG Construction Machinery | 000425.SZ | 0 % | CNY 7.22 | CNY 80.8 bn | 13.14 |
Notable Movements
- Cosco Shipping Energy Trans‑H fell 1.8 % on reports that the U.S. government is reviewing sanctions relief for shadow tanker operations. The potential increase in available shipping capacity is expected to dampen freight rate expectations, contributing to a broader downturn across the maritime sector.
- Bank of Chengdu saw a modest rise on 19 Oct 2026, benefiting from a broader strengthening of the Chinese banking sector. The sector’s improving fundamentals—rebounding net interest margins and positive earnings growth—along with mid‑year dividend plans, are supporting a recovery in valuation.
- XCMG Construction Machinery benefited from a recovery in the engineering‑equipment sector, with domestic and overseas demand rising. Export volumes now exceed domestic deliveries for the first time this year, signalling a shift toward overseas growth.
Company Overview
Ningbo Tuopu Group Co. Ltd. is a multi‑purpose enterprise focused on research and development, manufacturing, and sales of automotive components. Its product range includes vibration‑control mechanisms, molding equipment, suspension systems, and other components for the international auto industry. The company operates its primary manufacturing facility in Ningbo, China. Further information about its operations and offerings can be found on its website at www.tuopu.com or through trading on the Shanghai Stock Exchange.
