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Zhejiang Cangnan Instrument Group Company Limited is currently in a long term uptrend where the price is trading 5119.4% above its 200 day moving average.
From a valuation standpoint, the stock is 16.2% cheaper than other stocks from the Technology sector with a price to sales ratio of 2.9.
Zhejiang Cangnan Instrument Group Company Limited's total revenue sank by 6.2% to $267M since the same quarter in the previous year.
Its net income has dropped by 29.2% to $52M since the same quarter in the previous year.
Finally, its free cash flow fell by 71.8% to $18M since the same quarter in the previous year.
Based on the above factors, Zhejiang Cangnan Instrument Group Company Limited gets an overall score of 2/5.
| Sector | Technology |
|---|---|
| Industry | Scientific & Technical Instruments |
| Exchange | HK |
| CurrencyCode | HKD |
| ISIN | CNE1000031V1 |
| Market Cap | 2B |
|---|---|
| PE Ratio | None |
| Target Price | None |
| Dividend Yield | 0.4% |
| Beta | -0.87 |
Zhejiang Cangnan Instrument Group Company Limited manufactures and sells gas metering instruments and other related products in People's Republic of China. The company offers gas flowmeters and filters, pressure regulating devices, volume correctors, and flowrate controllers; gas meters, remote wireless diaphragm gas meters, and IC card remote wireless smart controllers; and throttle devices, as well as after sale services. Its products are used in urban gas industry and petroleum systems. The company also exports its products to the United States, Europe, South America, Southeast Asia, and other countries and regions. Zhejiang Cangnan Instrument Group Company Limited was founded in 1977 and is headquartered in Wenzhou, China.
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