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1 Comment
Shandong Donghong Pipe Industry Co., Ltd is currently in a long term downtrend where the price is trading 20.2% below its 200 day moving average.
From a valuation standpoint, the stock is 68.4% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.6.
Shandong Donghong Pipe Industry Co., Ltd's total revenue rose by 45.9% to $786M since the same quarter in the previous year.
Its net income has increased by 89.2% to $109M since the same quarter in the previous year.
Finally, its free cash flow fell by 59.9% to $59M since the same quarter in the previous year.
Based on the above factors, Shandong Donghong Pipe Industry Co., Ltd gets an overall score of 3/5.
| Exchange | SHG |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE100002TV7 |
| Sector | Industrials |
| Industry | Building Products & Equipment |
| Beta | 0.23 |
|---|---|
| Market Cap | 3B |
| PE Ratio | 16.14 |
| Target Price | 11.92 |
| Dividend Yield | None |
Shandong Donghong Pipe Industry Co., Ltd. engages in the research, development, manufacture, and servicing of pipeline systems in China. It offers SRTP piping systems, polyethylene pipes, PVC pipes, insulation pipe, and anti-corrosion metal pipes, as well as pipe connections. The company also develops and produces materials, such as plastic increase materials for polyolefin wear-resistant pipes, special bonding resin for steel wire mesh skeleton composite pipes, 3PE special anticorrosion materials for pipeline, epoxy resin powder coatings, phosphorus flame retardant materials for mining safety, special materials for antistatic flame-retardant polyethylene pipes used in coal mines, color parent materials, and functional carbon black mother particles. In addition, it provides engineering pipeline products, which are used in national municipal, water conservancy, industrial and mining, thermal, and other large-scale projects, as well as general contracting solutions. The company was founded in 1997 and is headquartered in Qufu, China.
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