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1 Comment
Suzhou Douson Drilling & Production Equipment Co., Ltd is currently in a long term uptrend where the price is trading 13.3% above its 200 day moving average.
From a valuation standpoint, the stock is 14.1% cheaper than other stocks from the Energy sector with a price to sales ratio of 2.1.
Suzhou Douson Drilling & Production Equipment Co., Ltd's total revenue sank by 36.9% to $211M since the same quarter in the previous year.
Its net income has dropped by 140.0% to $-16M since the same quarter in the previous year.
Finally, its free cash flow fell by 532.5% to $-53M since the same quarter in the previous year.
Based on the above factors, Suzhou Douson Drilling & Production Equipment Co., Ltd gets an overall score of 2/5.
| Sector | Energy |
|---|---|
| Industry | Oil & Gas Equipment & Services |
| Exchange | SHG |
| CurrencyCode | CNY |
| ISIN | CNE1000023T2 |
| Market Cap | 6B |
|---|---|
| PE Ratio | 24.02 |
| Target Price | 26.2 |
| Beta | 0.08 |
| Dividend Yield | None |
Jiangsu Hongtian Technology Co.,Ltd. research, develops, produces, and sale of oil, natural gas, and shale gas drilling and production equipment in China. The company offers land wellhead, offshore, unconventional, high temperature, fracturing wellhead and christmas tree; flat gate, surface safety, choke, check, plug, and electric valves; and fracturing equipment and component comprising high and low pressure manifold, universal fracturing manifold, cyclone desander, double-canister filter desander, filterate manifold, as well as manual and hydraulic fracturing, fracturing goat head, high pressure plug, union joint/union movable elbow, and union tee/pipeline products. In addition, it also provides well control equipment, such as drilling, collected tubing, and sucker rod blowout preventer, as well as drilling choke and kill manifold; and subsea products comprising spherical flange connectors, gate valves, and choke valves. Further, the company offers fracturing, equipment leasing, device installation, and training and technical guidance services. Its products are used in shale oil and gas and tight oil and gas exploration, onshore oil exploration, Offshore oil extraction and oil and gas pipeline transportation. The company was formerly known as Suzhou Douson Drilling & Production Equipment Co.,Ltd. and changed its name to Jiangsu Hongtian Technology Co.,Ltd. in June 2024. Jiangsu Hongtian Technology Co.,Ltd. was founded in 2001 and is headquartered in Suzhou, China.
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