-
1 Comment
China Hanking Holdings Limited 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 35.5% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.9.
China Hanking Holdings Limited's total revenue rose by 41.8% to $2B since the same quarter in the previous year.
Its net income has increased by 11.8% to $209M since the same quarter in the previous year.
Finally, its free cash flow grew by 272.6% to $225M since the same quarter in the previous year.
Based on the above factors, China Hanking Holdings Limited gets an overall score of 4/5.
| Sector | Basic Materials |
|---|---|
| Industry | Steel |
| ISIN | KYG2115G1055 |
| CurrencyCode | HKD |
| Exchange | HK |
| Market Cap | 2B |
|---|---|
| Dividend Yield | 17.% |
| Target Price | 2.5 |
| PE Ratio | 3.78 |
| Beta | 0.49 |
China Hanking Holdings Limited, together with its subsidiaries, engages in the exploration, mining, processing, smelting, and marketing of mineral resources in the People's Republic of China and Australia. The company operates three iron ore mines, including Aoniu, Maogong, and Shangma mines, which are located in the Anshan-Benxi iron ore belt. It also operates Mount Bundy gold located in northern Australia and Coolgardie gold projects located in western Australia. In addition, the company engages in the sale of agricultural and forestry products; and manufacture and sale of green building materials. Further, it offers leasing services; travel and accommodation services; and technical development and technical consultation services. The company was founded in 1992 and is headquartered in Shenyang, China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 3788.HK using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024
