Zhejiang Chang'an Renheng Technology Co., Ltd., together with its subsidiaries, research, develops, produces, and sells bentonite fine chemicals in the People's Republic of China. The company uses bentonite to manufacture paper chemicals, bentonite for metallurgy pellet, calcium-bentonite, organic bentonite, and other products; inorganic gel; putty powder; dry strength agent; and other chemicals, such as flocculating agents primarily used in sewage purification. The company's products are used in paint coatings, water treatment, and oil fields. It is also involved in clay mining and processing; and wholesale and retail of chemicals and equipment. The company was formerly known as Changxing Renheng Fine Bentonite Co., Ltd. and changed its name to Zhejiang Chang'an Renheng Technology Co., Ltd. in December 2008. Zhejiang Chang'an Renheng Technology Co., Ltd. was founded in 2000 and is headquartered in Changxing, the People's Republic of China.
Research context
Zhejiang Chang'an Renheng Technology Co., Ltd appears in PyInvesting’s Hong Kong 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
- HKD
- Sector
- Basic Materials
- Industry
- Chemicals
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5 years, 6 months ago
Zhejiang Chang'an Renheng Technology Co., Ltd is currently in a long term downtrend where the price is trading 12.8% below its 200 day moving average.
From a valuation standpoint, the stock is 57.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.6.
Zhejiang Chang'an Renheng Technology Co., Ltd's total revenue sank by 7.8% to $29M since the same quarter in the previous year.
Its net income has dropped by 136.0% to $-3M since the same quarter in the previous year.
Finally, its free cash flow grew by 153.0% to $11M since the same quarter in the previous year.
Based on the above factors, Zhejiang Chang'an Renheng Technology Co., Ltd gets an overall score of 2/5.