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ZTE Corporation is currently in a long term downtrend where the price is trading 3.2% below its 200 day moving average.
From a valuation standpoint, the stock is 82.6% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.4.
ZTE Corporation's total revenue rose by 3.1% to $27B since the same quarter in the previous year.
Its net income has increased by 51.7% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 43.5% to $4B since the same quarter in the previous year.
Based on the above factors, ZTE Corporation gets an overall score of 4/5.
Exchange | SHE |
---|---|
ISIN | CNE000000TK5 |
Sector | Technology |
Industry | Communication Equipment |
CurrencyCode | CNY |
PE Ratio | 19.12 |
---|---|
Dividend Yield | 1.9% |
Beta | 0.59 |
Target Price | 39.3589 |
Market Cap | 147B |
ZTE Corporation provides integrated information and communication technology solutions in the People's Republic of China, Asia, Africa, Europe, the United States, and Oceania. The company operates through three segments: Carriers' Networks, Consumer Business, and Government and Corporate Business. The Carriers' Network segment provides wireless access, wireline access, bearer systems, core networks, server and storage, and other innovative technologies and product solutions. The Consumer Business segment focuses on bringing experience in smart devices to customers while also catering to the requirements of industry clients through the development, production and sale of products, such as home information terminal, smart phones, mobile Internet terminals, innovative fusion terminals, as well as provides related software application and value-added services. The Government and Corporate Business provides informatization solutions for the government and corporations through the application of products such as communications networks, IOT, Big Data and cloud computing. ZTE Corporation was founded in 1985 and is headquartered in Shenzhen, the People's Republic of China.
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