-
1 Comment
Zhejiang Jiuli Hi-Tech Metals Co., Ltd is currently in a long term downtrend where the price is trading 4.6% 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.
Zhejiang Jiuli Hi-Tech Metals Co., Ltd's total revenue rose by 22.5% to $1B since the same quarter in the previous year.
Its net income has increased by 163.6% to $296M since the same quarter in the previous year.
Finally, its free cash flow grew by 177.4% to $422M since the same quarter in the previous year.
Based on the above factors, Zhejiang Jiuli Hi-Tech Metals Co., Ltd gets an overall score of 4/5.
| Sector | Basic Materials |
|---|---|
| Industry | Steel |
| ISIN | CNE100000HX2 |
| CurrencyCode | CNY |
| Exchange | SHE |
| Dividend Yield | 4.3% |
|---|---|
| Beta | 0.36 |
| Market Cap | 21B |
| PE Ratio | 12.53 |
| Target Price | 31.22 |
Zhejiang JIULI Hi-tech Metals Co., Ltd engages in the research and development, production, and sales of pipes, welded pipes, composite pipes, pipe fittings, and alloy materials in China and internationally. The company also offers corrosion-resistant, pressure-resistant, and temperature-resistant materials; flanges and precision pipes; instrumentation; DSS/SDSS; CRA-OCTG; HRB/MLP/WOL; SG-U pipes; large-diameter thick-walled stainless steel welded pipes for oil and gas transportation; extra-long stainless steel welded U-shaped pipes for large heat exchangers and steam generators; seawater corrosion ferritic stainless steel welded U-shaped pipes; titanium and titanium alloy welded pipes for seawater desalination and power stations; and other tubes. It serves oil and gas, chemical, electric power, and other energy equipment industries. Zhejiang JIULI Hi-tech Metals Co., Ltd was founded in 1987 and is based in Huzhou, China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 002318.SHE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025
