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1 Comment
Ningbo Cixing Co.,Ltd is currently in a long term uptrend where the price is trading 13.1% above its 200 day moving average.
From a valuation standpoint, the stock is 8.7% more expensive than other stocks from the Industrials sector with a price to sales ratio of 5.5.
Ningbo Cixing Co.,Ltd's total revenue rose by 19.6% to $331M since the same quarter in the previous year.
Its net income has increased by 45.0% to $-10M since the same quarter in the previous year.
Finally, its free cash flow grew by 51.8% to $-75M since the same quarter in the previous year.
Based on the above factors, Ningbo Cixing Co.,Ltd gets an overall score of 4/5.
| ISIN | CNE100001CT9 |
|---|---|
| Industry | Specialty Industrial Machinery |
| Exchange | SHE |
| CurrencyCode | CNY |
| Sector | Industrials |
| Market Cap | 6B |
|---|---|
| PE Ratio | 55.15 |
| Dividend Yield | 0.0% |
| Target Price | None |
| Beta | 0.55 |
Ningbo Cixing Co.,Ltd. engages in the research, development, production, and sale of knitting machinery in China and internationally. It operates through Flat Knitting Machine Business, Mobile Internet Business, Automation Equipment and Project Integration Business, and Other Businesses segments. The company offers intelligent knitting machinery and equipment; flat knitting machines, steiger, circular machines, and other smart knitting equipment; and computerized shoe machines, automated shoe-making production lines, automatic ironing machines, and industrial robots. It also provides pre-sales, sales, after-sales, and technical support services; and mobile internet services, which include online reading and e-commerce promotion services. In addition, the company engages in the sale of textile machinery, textile machinery software, and textile machinery spare parts; personalized customization and design of textiles, apparel, and footwear based on the Internet of Things; and information technology activities. Ningbo Cixing Co.,Ltd. was founded in 1988 and is headquartered in Ningbo, China.
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