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1 Comment
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited is currently in a long term downtrend where the price is trading 7.1% below its 200 day moving average.
From a valuation standpoint, the stock is 78.5% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.3.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited's total revenue rose by 10.3% to $774M since the same quarter in the previous year.
Its net income has increased by 1045.7% to $847M since the same quarter in the previous year.
Finally, its free cash flow grew by 34.3% to $-39M since the same quarter in the previous year.
Based on the above factors, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited gets an overall score of 4/5.
| Sector | Basic Materials |
|---|---|
| Industry | Steel |
| Exchange | HK |
| CurrencyCode | HKD |
| ISIN | KYG212331048 |
| Market Cap | 193M |
|---|---|
| PE Ratio | 0.83 |
| Target Price | 1.66 |
| Beta | -0.15 |
| Dividend Yield | None |
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited, an investment holding company, engages in the manufacture and sale of longitudinal welded steel pipes. It operates in two segments, Steel Pipes, and Property Development and Investment. The company offers longitudinal and spiral submerged arc-welded steel pipes. It also manufactures and sells petrol fittings, oil country tubular goods, tubular piles, steel pipe and metallurgy equipment, and screw-thread steels; and provides steel pipe casing and lining, and port services. In addition, the company is involved in the property investment and development activities; provision of manufacturing services for processing raw materials into steel pipes; trading of steel plates and pipes; and manufacture and sale of steel fittings and scrap materials. Its steel pipes are primarily used for energy transmission, including oil and gas transmission pipelines, deep sea pipelines, city gas networks, and petrochemicals, as well as mining, infrastructure construction, offshore engineering, steel structure, and water utilities industries. The company operates in Mainland China, Africa, Europe, the Middle East, rest of Asia, and South America. The company was founded in 1993 and is headquartered in Guangzhou, the People's Republic of China. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited is a subsidiary of Bournam Profits Limited.
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