About
About Fujian Raynen Technology Co., Ltd
Fujian Raynen Technology Co., Ltd. engages in the IC distribution business in China and internationally. It also researches and develops, produces, and sells industrial automation products. The company's products include flat knitting machine electronic control, sock machine electronic control, glove machine electronic control, twining machine electrical control system, and process plate making software system; embroidery machine electronic control and special industrial sewing machine electronic control products; programmable logic controller, human machine interface, AC servo system, frequency converter, and soft starter products; and cloud, internet of things, and smart factory products. Its products are used in machine tool processing, precision manufacturing, packaging printing, textiles and apparel, logistics and transportation, industrial robots, and engineering projects. The company was formerly known as Fujian Raynen Electronics Co., Ltd. and changed its name to Fujian Raynen Technology Co., Ltd. in 2013. The company was founded in 2007 and is headquartered in Fuzhou, China.
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5 years, 5 months ago
Fujian Raynen Technology Co., Ltd is currently in a long term uptrend where the price is trading 23.4% above its 200 day moving average.
From a valuation standpoint, the stock is 82.6% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.4.
Fujian Raynen Technology Co., Ltd's total revenue rose by 19.1% to $401M since the same quarter in the previous year.
Its net income has dropped by 61.0% to $2M since the same quarter in the previous year.
Finally, its free cash flow fell by 70.2% to $9M since the same quarter in the previous year.
Based on the above factors, Fujian Raynen Technology Co., Ltd gets an overall score of 3/5.