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1 Comment
Hong Wei (Asia) Holdings Company Limited is currently in a long term downtrend where the price is trading 33.8% below its 200 day moving average.
From a valuation standpoint, the stock is 49.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.7.
Hong Wei (Asia) Holdings Company Limited's total revenue sank by 3.8% to $95M since the same quarter in the previous year.
Its net income has dropped by 116.8% to $-451K since the same quarter in the previous year.
Based on the above factors, Hong Wei (Asia) Holdings Company Limited gets an overall score of 1/5.
Industry | Lumber & Wood Production |
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CurrencyCode | HKD |
Exchange | HK |
ISIN | HK0000178324 |
Sector | Basic Materials |
Target Price | None |
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PE Ratio | None |
Market Cap | 13M |
Beta | 1.12 |
Dividend Yield | 0.0% |
Hong Wei (Asia) Holdings Company Limited, an investment holding company, engages in the manufacture and sale of particleboards in the People's Republic of China. It operates through two segments, Particleboards and Forestry. The company's products are primarily used in the manufacturing of furniture and fixtures; sports equipment; and decoration and construction materials. It is also involved in the plantation, timber logging, and sale of wood and agricultural products. The company markets and sells its products to home or office furniture manufacturers, sport equipment manufacturers, and wood-based panel processors and traders. Hong Wei (Asia) Holdings Company Limited was founded in 1993 and is headquartered in San Po Kong, Hong Kong.
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