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Yantai Zhenghai Magnetic Material Co., Ltd is currently in a long term uptrend where the price is trading 7.6% above its 200 day moving average.
From a valuation standpoint, the stock is 41.5% cheaper than other stocks from the Technology sector with a price to sales ratio of 4.7.
Yantai Zhenghai Magnetic Material Co., Ltd's total revenue rose by 13.1% to $610M since the same quarter in the previous year.
Its net income has increased by 292.3% to $36M since the same quarter in the previous year.
Finally, its free cash flow grew by 138.5% to $20M since the same quarter in the previous year.
Based on the above factors, Yantai Zhenghai Magnetic Material Co., Ltd gets an overall score of 5/5.
| ISIN | CNE100001385 |
|---|---|
| Industry | Electronic Components |
| Sector | Technology |
| CurrencyCode | CNY |
| Exchange | SHE |
| Beta | 0.05 |
|---|---|
| Target Price | 14.31 |
| Dividend Yield | 1.6% |
| Market Cap | 10B |
| PE Ratio | 26.38 |
Yantai Zhenghai Magnetic Material Co., Ltd. manufactures and markets neodymium-iron-boron permanent magnets and other magnetic assemblies in the People's Republic of China. The company was incorporated in 2000 and is based in Yantai, the People's Republic of China.
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