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China Evergrande New Energy Vehicle Group Limited is currently in a long term downtrend where the price is trading 27.3% below its 200 day moving average.
From a valuation standpoint, the stock is 46.7% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 60.0.
China Evergrande New Energy Vehicle Group Limited's total revenue rose by 267.4% to $11B since the same quarter in the previous year.
Its net income has dropped by 76.6% to $-5B since the same quarter in the previous year.
Finally, its free cash flow grew by 38.4% to $-6B since the same quarter in the previous year.
Based on the above factors, China Evergrande New Energy Vehicle Group Limited gets an overall score of 3/5.
| Exchange | HK |
|---|---|
| CurrencyCode | HKD |
| ISIN | HK0000264595 |
| Sector | Healthcare |
| Industry | Medical Care Facilities |
| Market Cap | 2B |
|---|---|
| PE Ratio | None |
| Target Price | 24.5 |
| Beta | 1.5 |
| Dividend Yield | None |
China Evergrande New Energy Vehicle Group Limited, an investment holding company, engages in the technology research and development, manufacturing, sales, and servicing of new energy vehicles in the People's Republic of China and Europe. It operates through New Energy Vehicle and Property Development segments. The company is involved in the development and sale of vehicle living projects; and development and sale of properties. It also engages in the manufacture and sale of smart mobility products and electric vehicles; design, manufacturing, and sale of power lithium-ion batteries; sells vehicles and vehicle components; and technical services. The company was formerly known as Evergrande Health Industry Group Limited and changed its name to China Evergrande New Energy Vehicle Group Limited in August 2020. The company was founded in 1999 and is headquartered in Guangzhou, the People's Republic of China. China Evergrande New Energy Vehicle Group Limited operates as a subsidiary of China Evergrande Group.
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