Jiu Rong Holdings Limited, an investment holding company, engages in the research, development, manufacture, and sale of digital televisions (TVs), high definition liquid crystal display TVs, and set-top boxes in the People's Republic of China and Hong Kong. It operates through six segments: Digital Video Business, New Energy Vehicles Business, Cloud Ecological Big Data Business, Properties Development, Properties Investments, and General Trading. The company also provides solutions, such as integration of telecommunication, TV, and internet in the digital video industry. In addition, it is involved in the construction, application, and management of new energy vehicles and related products, charging facilities, and intelligent management systems, as well as provision of processing services for new energy vehicles spare parts; application and management of cloud ecological big data; and trading of electronic application and related parts, as well as various commodities and goods. Further, it invests in and develops big data industrial parks, as well as commercial and residential properties; and manufactures and sells green energy products. The company was formerly known as Mitsumaru East Kit (Holdings) Limited and changed its name to Jiu Rong Holdings Limited in June 2014. Jiu Rong Holdings Limited was incorporated in 2004 and is headquartered in Wan Chai, Hong Kong.
Research context
Jiu Rong Holdings Limited appears in PyInvesting’s Hong Kong 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
- HKD
- Sector
- Technology
- Industry
- Consumer Electronics
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5 years, 6 months ago
Jiu Rong Holdings Limited is currently in a long term downtrend where the price is trading 1.5% below its 200 day moving average.
From a valuation standpoint, the stock is 71.1% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.0.
Jiu Rong Holdings Limited's total revenue rose by 1628.0% to $226M since the same quarter in the previous year.
Its net income has increased by 892.2% to $22M since the same quarter in the previous year.
Finally, its free cash flow fell by 111.1% to $-45M since the same quarter in the previous year.
Based on the above factors, Jiu Rong Holdings Limited gets an overall score of 3/5.