Report
EUR 14.40 For Business Accounts Only

Increased risk weighs on HANG XIAO STL.STRUC.CTD., penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of HANG XIAO STL.STRUC.CTD. (CN), active in the Heavy Construction industry. As regards its fundamental valuation, the title still shows 2 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date January 29, 2019, the closing price was CNY 3.65 and its target price was estimated at CNY 3.07.
Underlying
Zhejiang Hangxiao Steel Structure Co. Ltd. A

Zhejiang Hangxiao Steel Structure is engaged in the design, manufacture, construction, and installation of steel structures. In addition, Co. is engaged in the groundwork and foundation construction; specific construction design; and import and export of goods. Through its subsidiaries, Co. is also engaged in the examination of metal material mechanics performance; processing of steel structure and its accessories; production and sale of steel plates, inner wallboards, outer wallboards, and stairs carrier plates; and purchase and sale of steel materials.

Provider
TheScreener
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