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An unfavourable environment weighs on XINING SPC.STL.CO., which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of XINING SPC.STL.CO. (CN), active in the Steel industry. As regards its fundamental valuation, the title still shows 0 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 November 9, 2018, the closing price was CNY 3.92 and its target price was estimated at CNY 3.14.
Xining Special Steel Co. Ltd. A

Xining Special Steel is engaged in smelting, rolling and processing of specialty steel; forging, stamping, processing and welding of machineries and equipment; manufacture, installation, maintenance and testing of electromechanical devices; coal gas, steam and heating supply; sale of coal tar, steel, iron and copper; testing and repair of electrical appliances; sale of metal and non-mental materials, hardware, mineral and building material; construction and management of water, electricity and steam supply-drainage and industrial kilns; project budgeting and provision of consultation services on construction cost; and provision of technical consultation, trading and labor services.


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