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Shandong Taihe Water Treatment Technologies Co., Ltd is currently in a long term downtrend where the price is trading 15.5% below its 200 day moving average.
From a valuation standpoint, the stock is 27.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 2.9.
Shandong Taihe Water Treatment Technologies Co., Ltd's total revenue rose by 9.1% to $394M since the same quarter in the previous year.
Its net income has dropped by 41.7% to $21M since the same quarter in the previous year.
Finally, its free cash flow grew by 232.1% to $3M since the same quarter in the previous year.
Based on the above factors, Shandong Taihe Water Treatment Technologies Co., Ltd gets an overall score of 3/5.
| ISIN | CNE100003QV1 |
|---|---|
| Sector | Basic Materials |
| Industry | Chemicals |
| CurrencyCode | CNY |
| Exchange | SHE |
| Target Price | 38.75 |
|---|---|
| Dividend Yield | 2.6% |
| Beta | -0.18 |
| PE Ratio | 9.91 |
| Market Cap | 4B |
Shandong Taihe Water Treatment Technologies Co., Ltd. engages in the research and development, production, and sale of water treatment chemicals. The company offers phosphonates antiscalants, corrosion inhibitors, and chelating agents; salts of phosphonates; polycarboxylic and biodegradable antiscalants and dispersants; biocide and algicide; built scale and corrosion inhibitors and pretreatment filming agents; corrosion inhibitors; oxygen scavengers; reverse osmosis chemicals; and other products. Its products used in the applications, such as industrial circulating cooling water system in electricity, metallurgy, petrochemical industries, etc.; reverse osmosis system in seawater desalination, pure water production, etc.; and oil extraction, household, textile and dyeing, paper and pulp, ceramic, coating, electronic cleaning, sugar making, aquaculture, agriculture, etc. The company was founded in 2006 and is based in Zaozhuang, China.
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