SHANGHAI ZHIXIN ELECTRIC with less fundamental stars is reduced to Neutral
SHANGHAI ZHIXIN ELECTRIC (CN), a company active in the Electrical Components & Equipment industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 3 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date October 8, 2019, the closing price was CNY 7.10 and its expected value was estimated at CNY 7.30.Shanghai Zhixin Electric is engaged in the provision of science and technology consultation services; technology development, transfer and services within the scope of electric (including bus duct, high and low pressure cabinet, switch box, transformer and the box type transformer substation, electric cable, power distribution tool and material); and the production (outgoing processing) and sale of self-developed products. Co.'s main manufactured and sale products include: amorphous metal electric distribution transformer, packed mode transformer, amorphous metal iron core, and bus duct.
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