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Ronglian Group Ltd is currently in a long term uptrend where the price is trading 2.9% above its 200 day moving average.
From a valuation standpoint, the stock is 87.6% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.0.
Ronglian Group Ltd's total revenue rose by 15.3% to $632M since the same quarter in the previous year.
Its net income has increased by 237.3% to $10M since the same quarter in the previous year.
Finally, its free cash flow grew by 249.3% to $110M since the same quarter in the previous year.
Based on the above factors, Ronglian Group Ltd gets an overall score of 5/5.
| ISIN | CNE1000019S2 |
|---|---|
| Industry | Information Technology Services |
| Sector | Technology |
| CurrencyCode | CNY |
| Exchange | SHE |
| Dividend Yield | 0.0% |
|---|---|
| Market Cap | 5B |
| Beta | 0.15 |
| Target Price | 21 |
| PE Ratio | 101.62 |
Ronglian Group Ltd. provides IT solutions in China and internationally. It provides infrastructure and data center solutions, such as IT planning, application and system integration, professional operation and maintenance, and specialized services; virtualization, and private and hybrid cloud services; and B2B, smart city, and operation services. The company also offers enterprise cloud services, such as cloud planning and design, service migration, resource management, integration development, and operation monitoring services, as well as industry cloud solutions, such as insurance, exploration, and education. In addition, it provides Internet of Vehicles ecosystem through specialized hardware and software products, business platforms, and data services; Internet of Water solution to control leakage and venting, and ensure water quality safety; big data storage, data application, and data visualization solutions; and smart news solutions. Further, the company offers bio-data platform and biological cloud, and hospital and healthcare management solutions. It serves the energy, transportation, telecom, media, finance, insurance, government, education, manufacturing, biological, and healthcare industries. The company was formerly known as UEC Group Ltd. Ronglian Group Ltd. was founded in 2001 and is based in Beijing, China.
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