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Yantai Tayho Advanced Materials Co., Ltd is currently in a long term uptrend where the price is trading 21.2% above its 200 day moving average.
From a valuation standpoint, the stock is 9.6% more expensive than other stocks from the Basic Materials sector with a price to sales ratio of 4.4.
Yantai Tayho Advanced Materials Co., Ltd's total revenue sank by 11.1% to $596M since the same quarter in the previous year.
Its net income has dropped by 10.6% to $58M since the same quarter in the previous year.
Finally, its free cash flow grew by 115.1% to $37M since the same quarter in the previous year.
Based on the above factors, Yantai Tayho Advanced Materials Co., Ltd gets an overall score of 2/5.
| ISIN | CNE100000C56 |
|---|---|
| Industry | Chemicals |
| Sector | Basic Materials |
| CurrencyCode | CNY |
| Exchange | SHE |
| Dividend Yield | 2.3% |
|---|---|
| PE Ratio | 34.28 |
| Beta | 0.54 |
| Target Price | 26.45 |
| Market Cap | 19B |
Tayho Advanced Materials Group Co., Ltd. engages in the research and development, production, and sale of high-tech fibers in China. The company offers Newstar Spandex, a polyurethane elastic fiber that is used in underwear, socks, tights, sportswear, swimwear, laces, and suits, as well as in medical and hygiene textiles, automotive interiors, etc. It also provides Newstar Meta-aramid, an aromatic polyamide fiber, which is used in aerospace, high-speed trains, firefighter apparels, training uniforms, work wear, environmental protection, industrial high-temperature materials, automobile hoses, senior sound dampers, electrical insulation, and other areas. In addition, the company offers Taparan Para-aramid fibers for use in various applications, including rubber tube structures, strengthening fabrics, tire cords, packing, sealing, optical cable reinforcement, etc.; Tametar anti-static fibers for use in 3T fabric, industrial filtration, and anti-static fabric applications; Metastar Aramid papers; and LITME smart fibers. The company was formerly known as Yantai Tayho Advanced Materials Co., Ltd. and changed its name to Tayho Advanced Materials Group Co., Ltd. in February 2022. Tayho Advanced Materials Group Co., Ltd. was incorporated in 1993 and is based in Yantai, China.
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