-
1 Comment
Ningbo Water Meter (Group) Co., LTD is currently in a long term downtrend where the price is trading 17.3% below its 200 day moving average.
From a valuation standpoint, the stock is 28.9% cheaper than other stocks from the Industrials sector with a price to sales ratio of 3.6.
Ningbo Water Meter (Group) Co., LTD's total revenue rose by 13.2% to $406M since the same quarter in the previous year.
Its net income has increased by 20.4% to $65M since the same quarter in the previous year.
Finally, its free cash flow fell by 20.3% to $-58M since the same quarter in the previous year.
Based on the above factors, Ningbo Water Meter (Group) Co., LTD gets an overall score of 3/5.
| Sector | Industrials |
|---|---|
| Industry | Electrical Equipment & Parts |
| Exchange | SHG |
| CurrencyCode | CNY |
| ISIN | CNE100003HR8 |
| Target Price | 33.89 |
|---|---|
| Beta | 0.44 |
| Market Cap | 2B |
| PE Ratio | 43.08 |
| Dividend Yield | None |
Ningbo Water Meter (Group) Co.,Ltd. manufactures and sells water meters in China and internationally. The company offers multi and single-jet, volumetric rotary piston water meter, heat meter, woltmann water meter, irrigation water meter, batch control water meter, and oscillating meter; AWWA standard; and test bench products; and water meter boxes, as well as spare parts for water meters. It also provides water management solutions for domestic, industrial, and irrigative uses. The company was founded in 1958 and is based in Ningbo, China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 603700.SHG using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025
