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Anhui Xinke New Materials Co., Ltd is currently in a long term uptrend where the price is trading 10.7% above its 200 day moving average.
From a valuation standpoint, the stock is 47.7% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 2.1.
Anhui Xinke New Materials Co., Ltd's total revenue sank by 119.5% to $-150M since the same quarter in the previous year.
Its net income has increased by 98.9% to $-12M since the same quarter in the previous year.
Finally, its free cash flow grew by 149.7% to $251M since the same quarter in the previous year.
Based on the above factors, Anhui Xinke New Materials Co., Ltd gets an overall score of 4/5.
| Industry | Copper |
|---|---|
| Sector | Basic Materials |
| CurrencyCode | CNY |
| Exchange | SHG |
| ISIN | CNE0000015D4 |
| Target Price | None |
|---|---|
| Market Cap | 4B |
| Dividend Yield | 0.0% |
| PE Ratio | 49.4 |
| Beta | 0.76 |
Anhui Xinke New Materials Co.,Ltd engages in the research and development, production, and sales of copper alloy strip products in China. The company's products include brass, iron-copper, bronze, and copper-nickel alloy bare strips and their reflow tinned strips, hot-dip tinned strips, etc., as well as frame materials, zinc white copper strips, and tin phosphor bronze belts. It also offers plastic power, cross-linked power, radiation cross-linked low-smoke halogen-free flame-retardant power, fire-resistant flame-retardant, plastic control, overhead, bare, cloth, communication, data, computer, radiation cross-linked special, shielded, UL electronic, power, and ROHS environmental protection power cables, as well as automobile connecting wires. In addition, the company is also involved in the recycling of waste materials; and non-ferrous metal smelting, rolling, and processing. Its products are used in automotive terminal connectors, precision connectors, high-end electronic components, large-scale integrated circuits, communication equipment and 5G, smart terminals, and other industries. The company was formerly known as Kingswood Enterprise Co., Ltd. in August 2017. Anhui Xinke New Materials Co.,Ltd was founded in 1998 and is based in Wuhu, China.
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