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1 Comment
Jiangsu Changbao Steeltube Co.,Ltd is currently in a long term uptrend where the price is trading 3.5% above its 200 day moving average.
From a valuation standpoint, the stock is 75.1% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.0.
Jiangsu Changbao Steeltube Co.,Ltd's total revenue sank by 17.8% to $941M since the same quarter in the previous year.
Its net income has dropped by 275.3% to $-156M since the same quarter in the previous year.
Finally, its free cash flow fell by 13.2% to $246M since the same quarter in the previous year.
Based on the above factors, Jiangsu Changbao Steeltube Co.,Ltd gets an overall score of 2/5.
| Industry | Steel |
|---|---|
| Exchange | SHE |
| CurrencyCode | CNY |
| ISIN | CNE100000TX7 |
| Sector | Basic Materials |
| Market Cap | 5B |
|---|---|
| Target Price | 5.99 |
| Beta | 0.29 |
| PE Ratio | 8.31 |
| Dividend Yield | 5.3% |
Jiangsu Changbao Steeltube Co.,Ltd manufactures and sells steel tubes in the People's Republic of China and internationally. The company offers OCTG products for petroleum industry, including connection tubing and casings, coupling stocks, perforation gun carrier pipes, petroleum tool pipes, drill and green pipes, and slotted pipes; boiler tubes for power generation, such as boiler tubes, water heater, boilers, and U bended tubes; steel tubes for auto industry comprising automobile precision tubes, piping for hydraulic cylinders, and axel tubes; petrochemical tubes, steel tubes for low temperature resistance, and high pressure fertilizer tubes; and steel tubes for engineering machinery industry, such as mechanical steel pipes, boom pipes, and piping for hydraulic cylinders. It also provides line pipes, geological drilling pipes, core barrels, rope corning drill pipe materials, gas cylinder pipes, and accumulator tubes, as well as steel pipes for marine engineering, structural purpose, and fluid transmission. The company was founded in 1958 and is based in Changzhou, China.
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