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1 Comment
Guangdong Hongda Blasting Co.,Ltd is currently in a long term downtrend where the price is trading 23.2% below its 200 day moving average.
From a valuation standpoint, the stock is 15.3% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 3.4.
Guangdong Hongda Blasting Co.,Ltd's total revenue rose by 4.1% to $2B since the same quarter in the previous year.
Its net income has increased by 49.0% to $132M since the same quarter in the previous year.
Finally, its free cash flow grew by 48.7% to $320M since the same quarter in the previous year.
Based on the above factors, Guangdong Hongda Blasting Co.,Ltd gets an overall score of 4/5.
| Exchange | SHE |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE100001F37 |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Beta | 0.8 |
|---|---|
| Dividend Yield | 2.5% |
| Market Cap | 24B |
| PE Ratio | 27.08 |
| Target Price | 35.19 |
Guangdong Hongda Holdings Group Co., Ltd. provides mining engineering services in China and internationally. The company operates through three segments: Mining Engineering Services, Production and Sales of Civil Blasting Equipment, and Production and Sales of Defense Equipment. The company is involved in the mine infrastructure stripping, mine construction, overall blasting plan design, blasting mining, mineral packaging, and transportation activities. It also offers civil explosives and detonators for use in mining, water conservancy and hydropower, transportation construction, urban reconstruction, geological exploration, blasting processing, and national defense construction sectors. In addition, the company develops and sells missile weapon systems, precision-guided munitions, and other defense equipment products. Further, it provides value-added services, such as equipment, mining development consulting, investment, and financing plan design and optimization. The company was formerly known as Guangdong Hongda Blasting Co., Ltd. and changed its name to Guangdong Hongda Holdings Group Co., Ltd. in January 2022. The company was founded in 1988 and is headquartered in Guangzhou, China.
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