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1 Comment
Chongqing Water Group Co.,Ltd is currently in a long term downtrend where the price is trading 0.2% below its 200 day moving average.
From a valuation standpoint, the stock is 20.2% more expensive than other stocks from the Utilities sector with a price to sales ratio of 4.4.
Chongqing Water Group Co.,Ltd's total revenue rose by 23.9% to $2B since the same quarter in the previous year.
Its net income has increased by 20.0% to $268M since the same quarter in the previous year.
Finally, its free cash flow grew by 15.8% to $-390M since the same quarter in the previous year.
Based on the above factors, Chongqing Water Group Co.,Ltd gets an overall score of 3/5.
| Sector | Utilities |
|---|---|
| ISIN | CNE100000MT0 |
| Industry | Utilities-Regulated Water |
| CurrencyCode | CNY |
| Exchange | SHG |
| Target Price | 7.2 |
|---|---|
| PE Ratio | 13.6 |
| Dividend Yield | 4.7% |
| Beta | 0.18 |
| Market Cap | 26B |
Chongqing Water Group Co.,Ltd. engages in the water supply, sewage treatment, engineering construction, and other businesses in China. The company constructs, operates, and maintains water supply and drainage facilities; and collects, treats, and discharges domestic sewage, industrial and commercial sewage, rainwater, and other sewage from the urban sewage pipe network, as well as treats sewage in rivers. It offers water service to approximately 3.972 million urban residents; and sewage treatment service to approximately 89.13 million people in the city of Chongqing. The company also engages in the municipal public works, mechanical and electrical installation engineering, and building construction engineering activities. In addition, it sells materials, as well as installs pipelines and water meters. The company was formerly known as Chongqing Water Holding (Group) Co., Ltd. Chongqing Water Group Co.,Ltd. was founded in 2001 and is based in Chongqing, China. Chongqing Water Group Co.,Ltd. is a subsidiary of Chongqing Derun Environment Co., Ltd.
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