-
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 | 0.86 |
|---|---|
| Market Cap | 4B |
| PE Ratio | 0.0 |
| 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. The company engages in oilfield environmental protection business, including oilfield wastewater treatment, sludge pretreatment and pool cleaning, drilling fluid emergency support technical services, mud non-grounding technical services, waste resource utilization, clean production project technical consulting services, environmental protection hidden danger management, noise control and other environmental protection businesses. It also provides drilling technical services, mud technical services, mud solidification treatment technical services, drilling technical services, continuous tubing technology, well repair technology, oil (gas) testing technology, gas well and oil well recovery enhancement technology, acid fracturing technology, casing completion technology, open hole completion technology, as well as special tool products, control safety emergency support technical services. In addition, the company offers drilling and workover pipes, tool inspection and flaw detection, drilling tool wear-resistant belt welding, pipe and tool thread repair processing, drilling tool straightening, high-pressure manifold, on-site non-destructive testing and other businesses; drilling and workover pipes, tool inspection and flaw detection, drilling tool wear-resistant belt welding, pipe and tool thread repair processing, drilling tool straightening, high-pressure manifold, and on-site non-destructive testing; and radiation cross-linked optical cable materials and radiation cross-linked wiring materials and other modified materials, pipeline functional masterbatches and special materials, alloy engineering materials, and automotive modified plastic materials. 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.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 002629.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 2026
