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Weiqiao Textile Company Limited is currently in a long term uptrend where the price is trading 35.6% above its 200 day moving average.
From a valuation standpoint, the stock is 95.9% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.2.
Weiqiao Textile Company Limited's total revenue sank by 1.0% to $7B since the same quarter in the previous year.
Its net income has increased by 315.7% to $50M since the same quarter in the previous year.
Finally, its free cash flow grew by 5972.0% to $587M since the same quarter in the previous year.
Based on the above factors, Weiqiao Textile Company Limited gets an overall score of 4/5.
| Sector | Consumer Cyclical |
|---|---|
| Industry | Textile Manufacturing |
| ISIN | CNE1000004M7 |
| Exchange | HK |
| CurrencyCode | HKD |
| Beta | 1.08 |
|---|---|
| PE Ratio | None |
| Market Cap | 4B |
| Target Price | 7.74 |
| Dividend Yield | None |
Weiqiao Textile Company Limited, together with its subsidiaries, engages in the manufacture and sale of cotton yarns, grey fabrics, and denims in Mainland China, Hong Kong, East Asia, Southeast Asia, South Asia, and internationally. The company operates through Textile Products, and Electricity and Steam segments. It also produces and sells polyester yarn, compact yarn, and related products; and trades in textile raw materials and products. In addition, the company is involved in the generation and sale of electricity and steam; provision of repair services for textile machineries; research and development of textile products; and sale of coal. The company was founded in 1951 and is based in Zouping, the People's Republic of China. Weiqiao Textile Company Limited is a subsidiary of Shandong Weiqiao Chuangye Group Company Limited.
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