60

Jiangyin Hengrun Heavy Industries Co LtdSHG 603985 Stock Report

Last reporting period 30 Sep, 2023

Updated 17 Oct, 2024

Last price

Market cap $B

0.632

Micro

Exchange

XSHG - Shanghai Stock Exchange

603985.SS Stock Analysis

60

Avoid

Based on Eyestock quantitative analysis, 603985.SS`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.

7/100

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.

-51.8 %

Overvalued

Market cap $B

0.632

Dividend yield

0.21 %

Shares outstanding

440.86 B

Jiangyin Hengrun Heavy Industries Co., Ltd. engages in the manufacturing of stainless, carbon and alloy steel flanges and forgings. The company is headquartered in Wuxi, Jiangsu and currently employs 922 full-time employees. The company went IPO on 2017-05-05. The firm's primary products include rolled ring forgings, forged flanges and other free forging products. Its products are mainly used in the wind power industry, petrochemical industry, metal pressure vessel industry, as well as the machinery, shipbuilding, nuclear power and other industries. The firm mainly operates its businesses in the Mainland of China.

View Section: Eyestock Rating