Northeast Electric Development Company Limited, an investment holding company, engages in the research, design, development, production, and sale of products related to power transmission and transformation equipment in the People's Republic of China. It operates through Production and Sales of Power Transmission Equipment and Related Accessories; Hotel Operations and Provision of Related Catering Services; and Investment Holding segments. The company offers enclosed busbar products. It is also involved in hotel catering and accommodation services; manufacturing of electrical equipment; hotel business; and provision of electric power engineering services. The company was formerly known as Northeast Electricity Transmitting & Transformation Machinery Manufacturing Ltd. Northeast Electric Development Company Limited was incorporated in 1993 and is based in Haikou, the People's Republic of China.
Research context
Northeast Electric Development Company Limited appears in PyInvesting’s Frankfurt 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
- EUR
- Sector
- Consumer Cyclical
- Industry
- Lodging
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5 years, 7 months ago
Northeast Electric Development Company Limited is currently in a long term uptrend where the price is trading 9.5% above its 200 day moving average.
From a valuation standpoint, the stock is 90.8% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 5.7.
Northeast Electric Development Company Limited's total revenue sank by 34.0% to $20M since the same quarter in the previous year.
Its net income has dropped by 188.8% to $-100M since the same quarter in the previous year.
Finally, its free cash flow fell by 13406.3% to $-147M since the same quarter in the previous year.
Based on the above factors, Northeast Electric Development Company Limited gets an overall score of 2/5.