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CITIC Heavy Industries Co., Ltd is currently in a long term downtrend where the price is trading 2.6% below its 200 day moving average.
From a valuation standpoint, the stock is 56.5% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.2.
CITIC Heavy Industries Co., Ltd's total revenue rose by 27.0% to $2B since the same quarter in the previous year.
Its net income has dropped by 138.3% to $-7M since the same quarter in the previous year.
Finally, its free cash flow grew by 107.0% to $305M since the same quarter in the previous year.
Based on the above factors, CITIC Heavy Industries Co., Ltd gets an overall score of 3/5.
| Exchange | SHG |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE100001SX7 |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| PE Ratio | 77.12 |
|---|---|
| Target Price | 5.66 |
| Dividend Yield | 0.5% |
| Beta | 0.63 |
| Market Cap | 28B |
CITIC Heavy Industries Co., Ltd. manufactures and sells heavy machinery in China and internationally. It operates in four segments: Mining and Heavy Equipment, Robotics and Intelligent Equipment, New Energy Equipment, and Special Materials. The company offers jaw crushers, hoist, gyratory and cone crushers, high pressure roller mill, vertical stirred mill, autogenous mill, semi-autogenous mill, ball mill, rod mill, vertical disc filter, anode furnace, and semi-mobile crushing station; rotary kiln, roller press, raw material vertical mill, equipment for new dry-cement production line, and slag grinding system; cantilever tunneling machine, vertical shaft, wind power rock-embedded drilling rig, and hard rock tunnel boring machine; and smelting anode, wide and thick plate rolling mill, steelmaking converter, pellet kiln, and straightening machine. It also provides vertical shaft drilling rig, multi-rope friction ground, electro-hydraulic transmission and control system, and double roll forming machine; steam turbine, dynamo, hydraulic ship lift, and fixed type gate hoist; and spare parts and technical services. In addition, it offers offshore wind power equipment, hydraulic pile hammer, catheter stent, and hydraulic pile driver operation; x-ray inspection system, container vehicle inspection, and series of high-resolution industrial CT; robots for emergency and special operations; and storage and transformation systems. The company exports its products. It serves mining, cement, and other processing industries. The company was formerly known as Luoyang Mining Machinery Factory and changed its name to CITIC Heavy Industries Co., Ltd. in January 1993. CITIC Heavy Industries Co., Ltd. was founded in 1956 and is headquartered in Luoyang, China. The company operates as a subsidiary of CITIC Group Corporation.
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