About
About Guangdong Hongda Blasting Co.,Ltd
Guangdong Hongda Holdings Group Co., Ltd., together with its subsidiaries, provides mining and civil explosives services in China and internationally. The company operates through three segments: Mining Engineering Services; Production and Sales of Civil Explosives; and Defense Equipment. It engages in large and medium-sized open-pit mines, underground mines, and integrated mining operations, including geological exploration, scheme design and optimization, mine construction, mining, beneficiation, environmental remediation, and overall mine operation and management; and offers value-added services, such as mixed explosives, new energy equipment, mining development consulting, and investment and financing scheme design and optimization. The company is also involved in the research, development, production, and sale of fixed-wire and mixed explosives, as well as detonating devices; defense equipment comprising traditional ammunition, weaponry, aerospace components, and HMX products; and energy and chemical products, which include ammonium nitrate, urea, compound fertilizer, melamine, and nitrocellulose. In addition, it provides LNG products and natural gas pipeline transportation services. 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. Guangdong Hongda Holdings Group Co., Ltd. was founded in 1988 and is headquartered in Guangzhou, China.
Research context
Guangdong Hongda Blasting Co.,Ltd appears in PyInvesting’s Shenzhen Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CNY
- Sector
- Basic Materials
- Industry
- Specialty Chemicals
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5 years, 7 months ago
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.