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1 Comment
Xinxing Ductile Iron Pipes Co., Ltd is currently in a long term downtrend where the price is trading 5.1% below its 200 day moving average.
From a valuation standpoint, the stock is 90.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.4.
Xinxing Ductile Iron Pipes Co., Ltd's total revenue rose by 8.1% to $12B since the same quarter in the previous year.
Its net income has increased by 17.7% to $574M since the same quarter in the previous year.
Finally, its free cash flow fell by 147.2% to $-357M since the same quarter in the previous year.
Based on the above factors, Xinxing Ductile Iron Pipes Co., Ltd gets an overall score of 3/5.
| Exchange | SHE |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE000000QG9 |
| Sector | Basic Materials |
| Industry | Steel |
| Beta | 0.38 |
|---|---|
| PE Ratio | 115.0 |
| Dividend Yield | 1.7% |
| Target Price | 3.98 |
| Market Cap | 14B |
Xinxing Ductile Iron Pipes Co., Ltd., together with its subsidiaries, provides steel and iron products in China and internationally. The company offers centrifugal ductile iron pipes and pipe fittings, steel smelting and rolling products, casting products, steel-plastic composite pipes, steel grating, and special steel pipes; emerging cast pipes for water supply, drainage, industrial and mining water, and seawater desalination; emerging steel products, including ordinary steel, and special steel and other varieties; hot-rolled ribbed steel bars; and cold heading steel, steel strand, ball mill steel, bearing steel, fastener steel, axle steel, and other special steel wire and bar products. It also provides special coated and sewage pipes; steel gratings; municipal castings, automobile castings, engineering metallurgical castings, and mining and metallurgical heavy machinery castings for automotive, steel and metallurgy, engineering machinery, and agricultural machinery industries. In addition, the company offers bimetallic composite and high-alloy steel pipes for aviation, high-speed rail, military, industry, petroleum, petrochemical, electric power, and other fields; and rolls, tool and die steels, gas cylinder pipes, drill pipes, and other products. Further, it engages in electricity generation; trading; mineral investment; real estate; logistics; environmental testing; automotive and other accessories; business management consulting; technical services; commercial factoring; mechanical equipment and electronic products; asset management; and retail services. The company exports its products to approximately 120 countries. Xinxing Ductile Iron Pipes Co., Ltd. was founded in 1971 and is based in Wu'an, China.
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