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Cangzhou Mingzhu Plastic Co LtdSHE 002108 Stock Report

Last reporting period 30 Sep, 2023

Updated 13 Sep, 2024

Last price

Market cap $B

0.693

Micro

Exchange

XSHE - Shenzhen Stock Exchange

002108.SZ Stock Analysis

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Avoid

Based on Eyestock quantitative analysis, 002108.SZ`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

45/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

43.6 %

Greatly undervalued

Market cap $B

0.693

Dividend yield

2.77 %

Shares outstanding

1 672.7 B

Cangzhou Mingzhu Plastic Co. Ltd. is engaged in manufacturing and distributing of polyethylene pipe and polyethylene pipe fittings. The company is headquartered in Cangzhou, Hebei and currently employs 2,088 full-time employees. The company went IPO on 2007-01-24. The firm's principal products include polyethylene (PE) gas pipes, water supply pipes, drainage double wall corrugated pipes, pollution discharge double wall corrugated pipes, nylon films, lithium-ion battery separators silicon rubber pipes and materials, plastic films and other products. The firm also provides engineering services. The company conducts its businesses mainly within domestic markets.

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