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HIT Welding Industry Co LtdSHE 301137 Stock Report

Last reporting period 30 Sep, 2023

Updated 01 Nov, 2024

Last price

Market cap $B

0.613

Micro

Exchange

XSHE - Shenzhen Stock Exchange

301137.SZ Stock Analysis

30

Uncovered

HIT Welding Industry Co Ltd is uncovered by Eyestock quantitative analysis.

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.

36/100

Low score

Market cap $B

0.613

Dividend yield

0.90 %

Shares outstanding

181.81 B

HIT Welding Industry Co., Ltd. engages in the development of various types of carbon steel welding wires, low-alloy steel welding wires, stainless steel welding wires, aluminum alloy welding wires, nickel-based welding wires, flux-cored welding wires, special welding rods, welding fluxes, and welding strips. The company is headquartered in Changzhou, Jiangsu and currently employs 886 full-time employees. The company went IPO on 2022-03-22. The firm's main products include various types of carbon steel welding wire, low alloy steel welding wire, stainless steel welding wire, aluminum alloy welding wire, nickel-based welding wire, flux-cored welding wire, special welding rod, flux, welding ribbon and others. The firm's products are used in large-scale engineering, rail transit, petrochemical, nuclear power and hydropower, construction machinery, containers, automobile manufacturing and other fields. The firm distributes products within domestic market and to overseas markets, including the United States, Canada, Russia, Indonesia and France, among others.

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