About
About Ni Hsin Resources Bhd
Ni Hsin Group Berhad, an investment holding company, designs, manufactures, and sells stainless steel kitchenware and cookware products in Malaysia, Japan, the United States, Europe, Canada, and the Asia Pacific. It operates through five segments: Cookware; Stainless Steel Products; Food and Beverages; Logistics; and Electric Vehicles. The company provides a range of stainless-steel multi-ply cookware products, including pressure cookers, pots, woks, and sauce pans for household and commercial use, as well as fry pans and rice bowls. It also offers multi-ply stainless steel-clad metals for use in houseware, electrical appliances, automotive, and chemical industries. In addition, the company provides stainless steel convex mirrors, non-stick coating cookware products, and stainless-steel water filters, as well as original equipment manufacturing and original design manufacturing services to customers selling cookware on their own brand names. Further, it offers coffee capsules under the BLACKBIXON brand name; and logistics, such as covers freight, forwarding, haulage and transportation, warehousing, and international agency services, as well as engages in the manufacture and sale of electric vehicles; and café and restaurant businesses. The company was formerly known as Ni Hsin Resources Berhad and changed its name to Ni Hsin Group Berhad in August 2021. The company was founded in 1957 and is based in Seri Kembangan, Malaysia.
Research context
Ni Hsin Resources Bhd appears in PyInvesting’s Kuala Lumpur Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- MYR
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
Ni Hsin Resources Bhd is currently in a long term downtrend where the price is trading 34.1% below its 200 day moving average.
From a valuation standpoint, the stock is 70.4% cheaper than other stocks from the Other sector with a price to sales ratio of 1.9.
Ni Hsin Resources Bhd's total revenue rose by 19.2% to $8M since the same quarter in the previous year.
Its net income has increased by 716.2% to $5M since the same quarter in the previous year.
Finally, its free cash flow fell by 329.9% to $-777K since the same quarter in the previous year.
Based on the above factors, Ni Hsin Resources Bhd gets an overall score of 3/5.