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1 Comment
Zhejiang Renzhi Co., Ltd is currently in a long term uptrend where the price is trading 24.6% above its 200 day moving average.
From a valuation standpoint, the stock is 353.9% more expensive than other stocks from the Energy sector with a price to sales ratio of 11.1.
Zhejiang Renzhi Co., Ltd's total revenue sank by 39.4% to $19M since the same quarter in the previous year.
Its net income has dropped by 124.2% to $-10M since the same quarter in the previous year.
Finally, its free cash flow fell by 108.3% to $-7M since the same quarter in the previous year.
Based on the above factors, Zhejiang Renzhi Co., Ltd gets an overall score of 1/5.
| Exchange | SHE |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE1000018S4 |
| Sector | Energy |
| Industry | Oil & Gas Equipment & Services |
| Beta | 0.52 |
|---|---|
| Market Cap | 2B |
| PE Ratio | 180.33 |
| Target Price | None |
| Dividend Yield | None |
Zhejiang Renzhi Co., Ltd., together with its subsidiaries, provides professional services in the oil and gas drilling and engineering fields in China. It operates through Benevolent Wisdom, Petrochemicals, New Materials, Ren Xun, and Other segments. The company is involved in the development, production, sale, and import and export trade of oilfield chemical additives and new materials; and distribution of solar thermal power generation equipment, and electrical facilities and equipment. It also offers drilling fluid technical, anti-corrosion engineering technical, underground operation technical, oilfield environmental protection, pipe inspection and maintenance, photovoltaic engineering, petroleum and natural gas, drilling and completion technical, engineering management, project design, construction, water pollution control, oil and gas wastewater treatment, sludge pretreatment and tank cleaning, mud non-landing, resource utilization, clean production project technical consulting, environmental protection hazard management, and noise control services. In addition, the company offers packaging materials, petroleum equipment, and modified polymer materials; and drilling engineering, downhole, production stimulation, and downhole tools and completion technical services. Further, it is involved in mechanical and electrical equipment; wires and electricity of mechanical and electrical equipment; wires and cables; rubber and plastic products; electric power, mechanical, electrical, landscaping, and municipal engineering projects; heat production and supply; cooling services; and research and development of emerging energy technologies. The company was incorporated in 2006 and is headquartered in Shenzhen, China. Zhejiang Renzhi Co., Ltd. is a subsidiary of Pingda New Material Co., Ltd.
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