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1 Comment
Zhejiang Yongan Rongtong Holdings Co., Ltd is currently in a long term downtrend where the price is trading 13.0% below its 200 day moving average.
From a valuation standpoint, the stock is 73.1% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 1.3.
Zhejiang Yongan Rongtong Holdings Co., Ltd's total revenue sank by 40.2% to $16M since the same quarter in the previous year.
Its net income has increased by 80.6% to $-7M since the same quarter in the previous year.
Finally, its free cash flow grew by 74.9% to $-7M since the same quarter in the previous year.
Based on the above factors, Zhejiang Yongan Rongtong Holdings Co., Ltd gets an overall score of 3/5.
| ISIN | CNE1000001F7 |
|---|---|
| CurrencyCode | HKD |
| Exchange | HK |
| Industry | Textile Manufacturing |
| Sector | Consumer Cyclical |
| Dividend Yield | 0.0% |
|---|---|
| Target Price | None |
| PE Ratio | None |
| Market Cap | 43M |
| Beta | -0.23 |
Zhejiang Yongan Rongtong Holdings Co., Ltd., together with its subsidiaries, manufactures and sells woven fabrics in the People's Republic of China. It offers cotton, polyester, spandex, T/R, and fashion fabrics. The company also provides woven fabrics subcontracting; and asset management and investment advisory services. It also exports its products to the United States, Europe, Japan, South Africa, and Arabic countries. The company was formerly known as Zhejiang Yonglong Enterprises Co., Ltd. and changed its name to Zhejiang Yongan Rongtong Holdings Co., Ltd. in May 2017. The company was founded in 1998 and is headquartered in Wanchai, Hong Kong. Zhejiang Yongan Rongtong Holdings Co., Ltd. is a subsidiary of Guizhou Yongan Finance Holdings Company Ltd.
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