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1 Comment
Kangxin New Materials 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 12.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 3.5.
Kangxin New Materials Co., Ltd's total revenue sank by 56.1% to $215M since the same quarter in the previous year.
Its net income has dropped by 239.2% to $-121M since the same quarter in the previous year.
Finally, its free cash flow fell by 196.3% to $-134M since the same quarter in the previous year.
Based on the above factors, Kangxin New Materials Co., Ltd gets an overall score of 2/5.
| Industry | Lumber & Wood Production |
|---|---|
| Sector | Basic Materials |
| ISIN | CNE000000QB0 |
| CurrencyCode | CNY |
| Exchange | SHG |
| Market Cap | 4B |
|---|---|
| Target Price | None |
| PE Ratio | None |
| Dividend Yield | 0.0% |
| Beta | 0.58 |
Kangxin New Materials Co., Ltd engages in the afforestation, wood deep processing, and design and production of construction structural lumber products in China. The company offers container plywood floor products, including COSB composite, multilayer solid wood, bamboo composite, and substrate material containers; civil board products, comprising COSB, construction, and EP boards; and landscape and green seedlings. It also produces wooden houses. The company was founded in 1998 and is headquartered in Xiaogan, China.
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