Hongda High-Tech Holding Co.,Ltd. engages in warp-knitting, medical device, trading, and financial investment businesses in China and internationally. 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, and uterus. 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 headquartered in Haining, China.
Research context
Hongda High-Tech Holding Co.,Ltd appears in PyInvesting’s Shenzhen Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CNY
- Sector
- Consumer Cyclical
- Industry
- Textile Manufacturing
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5 years, 6 months ago
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.