Report
EUR 14.40 For Business Accounts Only

An unfavourable environment weighs on ZHEJIANG GUYUE, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of ZHEJIANG GUYUE (CN), active in the Distillers & Vintners industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 31, 2018, the closing price was CNY 7.31 and its target price was estimated at CNY 6.93.
Underlying
Zhejiang Guyuelongshan Shaoxing Wine Co. Ltd. A

Zhejiang Guyuelongshan Shaoxing Wine is engaged in the development, production and sale of yellow wine, white wine, beverages, edible alcohol, non-staple food and its supplementary materials, and glass products; export of self-produced products and related technology; and import of raw materials, machinery and equipment, instrument and meter, spare parts and related technology. Through its subsidiaries, Co. is also engaged in the manufacture of urethane elastic fiber; wholesale and retail of alcoholic drinks; import and export trading; and catering services.

Provider
TheScreener
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