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1 Comment
China Machinery Engineering Corporation is currently in a long term uptrend where the price is trading 30.5% above its 200 day moving average.
From a valuation standpoint, the stock is 96.2% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.6.
Finally, its free cash flow grew by 48.2% to $267M since the same quarter in the previous year.
Based on the above factors, China Machinery Engineering Corporation gets an overall score of 3/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | FR0010754200 |
Sector | Industrials |
Industry | Engineering & Construction |
Target Price | None |
---|---|
Dividend Yield | 6.6% |
Market Cap | 2B |
Beta | 0.88 |
PE Ratio | 9.58 |
China Machinery Engineering Corporation, together with its subsidiaries, operates as an engineering contracting and services provider in China, rest of Asia, South America, North America, Africa, and Europe. It operates through three segments: Construction Contracts, Trading Business, and Services Business. The Construction Contracts segment undertakes engineering, procurement, and construction contracts for various infrastructure-related construction, including hydropower, thermal power, and other engineering contracting projects, as well as transportation, telecommunication, water supply and treatment, building and construction, manufacturing and processing plant, and mining and resources exploitation projects. The Trading Business segment imports and exports various machinery, electrical, and instrumental products for domestic and overseas customers, such as mining equipment, ship components, automobile parts, medical instruments, household appliances, electric meters, manufacturing machinery, and construction materials. The Services Business segment provides export-import agency, design consulting, tendering agency, logistics, and other services. It is also involved in the provision of trading and security investment, storage and property, property management and rental, construction and construction contracts tendering, transportation agency, construction research and design, and legal consultancy, as well as engineering design, contracting, and supervision services. The company was founded in 1978 and is headquartered in Beijing, the People's Republic of China. China Machinery Engineering Corporation is a subsidiary of China National Machinery Industry Corporation.
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