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Jiangsu Rainbow Heavy Industries Co LtdSHE 002483 Stock Report

Last reporting period 30 Sep, 2023

Updated 01 Nov, 2024

Last price

Market cap $B

0.569

Micro

Exchange

XSHE - Shenzhen Stock Exchange

002483.SZ Stock Analysis

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Avoid

Based on Eyestock quantitative analysis, 002483.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.

27/100

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.

-42.5 %

Overvalued

Market cap $B

0.569

Dividend yield

2.73 %

Shares outstanding

942.29 B

Jiangsu Rainbow Heavy Industries Co., Ltd. engages in the manufacture of heavy lifting machineries. The company is headquartered in Nantong, Jiangsu and currently employs 2,808 full-time employees. The company went IPO on 2010-09-29. The firm operates through two main segments. The General Equipment Manufacture segment is mainly engaged in the design, manufacture, sales and services of lifting equipment, ships and accessory equipment, marine engineering equipment and three-dimensional parking equipment. The Energy Saving and Environmental Protection segment is mainly involved in the provision of sludge treatment and disposal services, industrial wastewater treatment services and others.

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