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1 Comment
Shanghai Hongda New Material Co., Ltd is currently in a long term downtrend where the price is trading 10.4% below its 200 day moving average.
From a valuation standpoint, the stock is 35.2% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 2.6.
Shanghai Hongda New Material Co., Ltd's total revenue sank by 38.7% to $263M since the same quarter in the previous year.
Its net income has increased by 120.9% to $18M since the same quarter in the previous year.
Finally, its free cash flow fell by 127.3% to $-3M since the same quarter in the previous year.
Based on the above factors, Shanghai Hongda New Material Co., Ltd gets an overall score of 2/5.
| Sector | Basic Materials |
|---|---|
| Industry | Chemicals |
| CurrencyCode | CNY |
| ISIN | CNE100000999 |
| Exchange | SHE |
| PE Ratio | None |
|---|---|
| Beta | 0.52 |
| Target Price | None |
| Dividend Yield | 0.0% |
| Market Cap | 1B |
Shanghai Hongda New Material Co., Ltd. manufactures and sells silicone rubber products in China. The company's products include low-grade miscellaneous, die, high-grade sealing key, extrusion wire, flame retardant extrusion wire, heat-resistant extruded wire, cable joint, standard extrusion, ordinary vapor and nipple, high-grade nipple, swimming cap, high temperature resistant, flame retardant, car accessory, paper feeding rubber roller, gas phase rubber roller, general rubber roller, insulating, and water vapor resistant glue products; and ordinary molding adhesive, high-grade molded products, high resistance and tear gas, high temperature resistant steam adhesive, general molded products, low compression set, and conductive plastic products. Its products are used in various keyboard keys; wires and cables insulation; power, electricity, and household appliances sealing's; transportation insulation, moisture, weather resistance, and aging products; food, medical care, hygienic non-toxic, high temperature resistant, and physiologically inert; and high temperature resistant parts in the automotive field. The company was formerly known as Jiangsu Hongda New Material Co., Ltd. The company was founded in 1992 and is based in Shanghai, China.
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