Report
EUR 13.40 For Business Accounts Only

ZHEJIANG LONGSHENG GP. sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of ZHEJIANG LONGSHENG GP. (CN), active in the Speciality Chemicals industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date March 12, 2021, the closing price was CNY 15.61 and its target price was estimated at CNY 13.11.
Underlying
Zhejiang Longsheng Group Co. Ltd. Class A

Zhejiang Longsheng Group is engaged in manufacturing and selling dyes and auxiliary agents; provision of chemical product technology development, transfer, and consultation services; selling raw materials, machinery equipment, instruments and parts, and packaging materials needed for the products manufactured; exporting self-produced products such as dyes, auxiliary agents and chemical intermediaries; and importing raw material, machinery equipment, instrument and parts needed for the production and research and development. Through its subsidiaries, Co. is also engaged in selling and manufacturing fine chemicals products and steam; and industry investment.

Provider
TheScreener
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