ShareValue scores for 603382.SHG: Valuation 54, Quality 50, Growth 50, Health 65.
603382.SHGSSE
Haiyang Technology Co., Ltd.
CN¥18.40
(-2.39%)
Updated
603382.SHGSSE
Haiyang Technology Co., Ltd.
Updated
Pulse
Pulse
Fundamental Rating
Value Trap Risk
If P/E met sector median
Rating
Trap Risk
P/E to median
vs Shanghai-listed Basic Materials stocks
Company Details
Haiyang Technology Co., Ltd. engages in the research and development, production, and sale of nylon 6 series products in China and internationally. It also offers Nylon6 yarn and chips; tyre cord fabric; and high-tenacity yarn. The company was founded in 1970 and is based in Taizhou, China.
Score Analysis
AI Investment Thesis
Haiyang Technology rates fairly valued versus Shanghai-listed Basic Materials stocks: P/S of 0.86 is lower than 79% of peers, though P/E of 38.4 is higher than 58%.
Profitability is the weak link: a 2.31% net margin sits below the 4.4% sector average, and ROE of 5.47% rests on thin nylon-fibre spreads.
Third-quarter results on 29 October showed revenue up 14.96% year on year but net profit down 16.94% to CN¥77.3 million for the nine months.