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Zibo Qixiang Tengda Chemical Co., Ltd is currently in a long term uptrend where the price is trading 26.4% above its 200 day moving average.
From a valuation standpoint, the stock is 82.6% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.7.
Zibo Qixiang Tengda Chemical Co., Ltd's total revenue rose by 6.8% to $6B since the same quarter in the previous year.
Its net income has increased by 221.6% to $311M since the same quarter in the previous year.
Finally, its free cash flow grew by 177.1% to $311M since the same quarter in the previous year.
Based on the above factors, Zibo Qixiang Tengda Chemical Co., Ltd gets an overall score of 5/5.
| Exchange | SHE |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE100000P93 |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| PE Ratio | 0.0 |
|---|---|
| Market Cap | 13B |
| Beta | 0.91 |
| Target Price | 7.25 |
| Dividend Yield | 2.9% |
Zibo Qixiang Tengda Chemical Co., Ltd manufactures and sells chemical products in China and internationally. The company's products include methyl ethyl ketone, maleic anhydride, propylene, rubber, butadiene, methyl methacrylate, nitrile latex, tert-butanol, isooctane, MTBE, petroleum, chemical catalysts, and other products. It is also involved in supply chain management business of chemical products; and trading of energy. The company was founded in 2002 and is headquartered in Zibo, China. Zibo Qixiang Tengda Chemical Co., Ltd is a subsidiary of Shandong Energy Group New Material Co., Ltd.
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