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China Huarong Asset Management Co., Ltd is currently in a long term uptrend where the price is trading 12.0% above its 200 day moving average.
From a valuation standpoint, the stock is 90.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.4.
Based on the above factors, China Huarong Asset Management Co., Ltd gets an overall score of 2/5.
ISIN | CNE100002367 |
---|---|
Exchange | HK |
CurrencyCode | HKD |
Industry | Asset Management |
Sector | Financial Services |
Market Cap | 64B |
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PE Ratio | 7.27 |
Target Price | 0.8377 |
Beta | 0.97 |
Dividend Yield | None |
China CITIC Financial Asset Management Co., Ltd., together with its subsidiaries, operates as a financial asset management company in Mainland China and Hong Kong. It operates through Distressed Asset Management, Financial Services, and Asset Management and Investment segments. The company engages in the acquisition of, management, investment, and disposal services through entrustment of both financial and non-financial institution distressed assets, including debt-to-equity swap assets; investment; securities dealing; and financial bond issuance. It also provides interbank borrowing and lending, and commercial financing for other financial institutions; bankruptcy management; consulting and advisory services for finance, investment, legal, and risk management; and asset and project evaluation services. In addition, the company is involved in approved asset securitization business, financial institution custody, closing, and liquidation of business; and other businesses. The company was formerly known as China Huarong Asset Management Co., Ltd. and changed its name to China CITIC Financial Asset Management Co., Ltd. in January 2024. China CITIC Financial Asset Management Co., Ltd. was founded in 1999 and is headquartered in Beijing, the People's Republic of China.
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