Report
EUR 13.24 For Business Accounts Only

An unfavourable environment weighs on CHINA SHIPBLDG.IGP.PWR., which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of CHINA SHIPBLDG.IGP.PWR. (CN), active in the Industrial Machinery 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 May 17, 2019, the closing price was CNY 21.83 and its target price was estimated at CNY 19.71.
Underlying
China Shipbuilding Industry Group Power Co. Ltd. Class A

Fengfan is engaged in the development, research, production and sale of storage battery and related spare parts and materials; manufacture and sale of testing equipment and spare parts, plastic and fiber glass products; the provision of storage battery technology and consultation services; industrial investment; recycle of waste battery; and sale of lead concentrate products.

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