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1 Comment
Qian Jiang Water Resources Development Co;Ltd is currently in a long term uptrend where the price is trading 5.4% above its 200 day moving average.
From a valuation standpoint, the stock is 9.9% cheaper than other stocks from the Utilities sector with a price to sales ratio of 3.3.
Qian Jiang Water Resources Development Co;Ltd's total revenue rose by 9.5% to $337M since the same quarter in the previous year.
Its net income has increased by 32.9% to $45M since the same quarter in the previous year.
Finally, its free cash flow fell by 151.7% to $-39M since the same quarter in the previous year.
Based on the above factors, Qian Jiang Water Resources Development Co;Ltd gets an overall score of 4/5.
| Exchange | SHG |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE000001519 |
| Sector | Utilities |
| Industry | Utilities - Regulated Water |
| Market Cap | 6B |
|---|---|
| PE Ratio | 24.16 |
| Target Price | 17 |
| Beta | 0.68 |
| Dividend Yield | None |
Qian Jiang Water Resources Development Co.,Ltd, together with its subsidiaries, produces and supplies tap water in China. It is also involved in the operation of sewage treatment plants; and installation of municipal water pipelines. The company was founded in 1998 and is headquartered in Hangzhou, China.
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