About
About Nippon Felt Co., Ltd
Nippon Felt Co., Ltd. manufactures and sells press felts, shoe press belts, and industrial textile products in Japan, Asia, and internationally. It offers papermaking felts and pulp-making felts; felt for slate and building materials manufacturing; synthetic textiles for paper making; filter cloths, heat-resistant felts, sanforized blankets, felt for pleat-making machines, felt for conveyor belts, felts for waste treatment, etc.; industrial tubular needle-felts for industrial use for for heat resistance, spinning and weaving, tolerable for chemicals, etc. The company also provides industrial woven jackets; industrial detergents and chemicals; and high-pressure shower equipment for paper-making. It also engages in producing, finishing, and selling felt for making paper, pulp, slate, and other industrial applications; and industrial machinery and anti-pollution devices, as well as leasing and managing of real estate. Nippon Felt Co., Ltd. was incorporated in 1917 and is headquartered in Kita, Japan.
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5 years, 4 months ago
Nippon Felt Co., Ltd is currently in a long term downtrend where the price is trading 2.2% below its 200 day moving average.
From a valuation standpoint, the stock is 30.0% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.8.
Nippon Felt Co., Ltd's total revenue sank by 7.7% to $2B since the same quarter in the previous year.
Its net income has dropped by 118.9% to $-26M since the same quarter in the previous year.
Based on the above factors, Nippon Felt Co., Ltd gets an overall score of 1/5.