An increasingly favourable environment allows EVE ENERGY CO LTD to improve to Neutral
The independent financial analyst theScreener just upgraded the general evaluation of EVE ENERGY CO LTD (CN), a company active in the Renewable Energy Equipment industry. As regards its fundamental valuation, the title confirms its rating of 2 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date February 4, 2022, the closing price was CNY 93.27 and its expected value was estimated at CNY 110.89.EVE Energy Co., Ltd. is a China-based company principally engaged in the development, manufacture and distribution of battery products. The Company's main products include lithium primary batteries, lithium ion batteries and electronic cigarettes, among others. The Company's products are used in smart meters, remote control data acquisition systems, intelligent security, intelligent home, intelligent transportation, data storage and transmission, medical equipment, oil drilling and military applications. The Company distributes its products in domestic market and to overseas markets.
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