-
1 Comment
CMIC Ocean En-Tech Holding Co., Ltd is currently in a long term uptrend where the price is trading 3.7% above its 200 day moving average.
From a valuation standpoint, the stock is 45.0% cheaper than other stocks from the Energy sector with a price to sales ratio of 1.2.
CMIC Ocean En-Tech Holding Co., Ltd's total revenue sank by 17.7% to $31M since the same quarter in the previous year.
Its net income has increased by 33.1% to $3M since the same quarter in the previous year.
Finally, its free cash flow fell by 136.3% to $-2M since the same quarter in the previous year.
Based on the above factors, CMIC Ocean En-Tech Holding Co., Ltd gets an overall score of 3/5.
Sector | Energy |
---|---|
Industry | Oil & Gas Equipment & Services |
CurrencyCode | HKD |
ISIN | KYG2124A1076 |
Exchange | HK |
Market Cap | 843M |
---|---|
Beta | 0.97 |
Dividend Yield | 0.4% |
PE Ratio | 26.0 |
Target Price | 0.64 |
CMIC Ocean En-Tech Holding Co., Ltd., an investment holding company, engages in the design, manufacture, installation, and commissioning of capital equipment and packages on land and offshore rigs worldwide. It operates through three segments: Capital Equipment and Packages, Oilfield Expendables and Supplies, and Management and Engineering Services. The company engages in asset investment and operation management of offshore engineering platforms; and offers specific equipment products, which include cranes, machine rack pipes, jacking systems, power control and transmission systems, tension adjustment and compensation devices and systems, etc. It also provides drilling rigs maintenance, repair, and operation products and services comprising oilfield expendables, accessories and parts manufacturing, and sale and repair services; and provides management and engineering services. In addition, the company offers rig turnkey solutions; trades in rig equipment and oilfield expendables, as well as manufactures and trades in rig electrical control systems; designs and manufactures mechanical handling equipment; and sub-leases drilling rigs. Further, it is involved in the research and development and sale of offshore wind power related equipment. The company was formerly known as TSC Group Holdings Limited and changed its name to CMIC Ocean En-Tech Holding Co., Ltd. in February 2019. CMIC Ocean En-Tech Holding Co., Ltd. was founded in 1995 and is headquartered in Kwai Chung, Hong Kong.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 0206.HK 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 2024