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1 Comment
Ningbo Haitian Precision Machinery Co., Ltd is currently in a long term uptrend where the price is trading 23.8% above its 200 day moving average.
From a valuation standpoint, the stock is 7.1% cheaper than other stocks from the Industrials sector with a price to sales ratio of 4.7.
Ningbo Haitian Precision Machinery Co., Ltd's total revenue rose by 53.5% to $525M since the same quarter in the previous year.
Its net income has increased by 93.5% to $49M since the same quarter in the previous year.
Finally, its free cash flow grew by 1206.2% to $361M since the same quarter in the previous year.
Based on the above factors, Ningbo Haitian Precision Machinery Co., Ltd gets an overall score of 5/5.
| CurrencyCode | CNY |
|---|---|
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Exchange | SHG |
| ISIN | CNE100003HW8 |
| Dividend Yield | 1.7% |
|---|---|
| Beta | 0.52 |
| Market Cap | 11B |
| PE Ratio | 24.41 |
| Target Price | 24.01 |
Ningbo Haitian Precision Machinery Co.,Ltd. manufactures and sells special magnet wires in China and internationally. The company offers enameled aluminum wire, such as round, flat, and copper clad aluminum; bare copper wire and oxygen free copper rods; and specialty wires, including litz, stranded bare copper, and parallel wires. It also provides automobile, electronic, alloy conductor, and drawing dies wires; conductors; and precision molds. Its products are used in vehicle, industrial, appliances, renewable energy, electronics, and 5G and communication industrials. The company exports its products to Europe and South Asia. Ningbo Haitian Precision Machinery Co.,Ltd. was founded in 2002 and is headquartered in Tongling, China.
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