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1 Comment
Hongda High-Tech Holding Co.,Ltd is currently in a long term downtrend where the price is trading 9.0% below its 200 day moving average.
From a valuation standpoint, the stock is 33.9% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 3.4.
Hongda High-Tech Holding Co.,Ltd's total revenue sank by 12.2% to $132M since the same quarter in the previous year.
Its net income has dropped by 31.9% to $23M since the same quarter in the previous year.
Finally, its free cash flow fell by 64.2% to $8M since the same quarter in the previous year.
Based on the above factors, Hongda High-Tech Holding Co.,Ltd gets an overall score of 1/5.
| CurrencyCode | CNY |
|---|---|
| ISIN | CNE1000005W3 |
| Industry | Textile Manufacturing |
| Sector | Consumer Cyclical |
| Exchange | SHE |
| Target Price | None |
|---|---|
| Market Cap | 2B |
| Beta | 0.46 |
| Dividend Yield | 0.8% |
| PE Ratio | 46.0 |
Hongda High-Tech Holding Co.,Ltd. engages in warp-knitting, medical device, trading, and financial investment businesses in China. It offers automotive interior fabrics, and clothing fabrics. The company also provides medical device products for liver, gallbladder, spleen, kidney, pancreas, heart, thyroid, breast, bladder, uterus attachment, and other organs. It exports its products to the United States, Germany, Japan, and internationally. The company was formerly known as Zhejiang Hongda Warp Knitting Co., Ltd. and changed its name to Hongda High-Tech Holding Co.,Ltd. in August 2010. Hongda High-Tech Holding Co.,Ltd. was founded in 1985 and is based in Haining, China.
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