Report
EUR 13.94 For Business Accounts Only

HILONG HOLDING sees an upgrade to Slightly Negative thanks to a better star rating, but the title remains unattractive

The independent financial analyst theScreener just awarded an improved star rating to HILONG HOLDING (HK), active in the Oil Equipment & Services industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 1 out of 4 possible stars. Given its market behaviour as risky, theScreener considers that these elements allowing slightly upgrading its general evaluation to Slightly Negative; the title, however, remains unattractive. As of the analysis date September 4, 2020, the closing price was HKD 0.18 and its target price was estimated at HKD 0.14.
Underlying
Hilong Holding Ltd.

Hilong Holding is engaged in the business as an oilfield equipment and service provider with a focus on drill pipes, line pipe and oil country tubular goods coatings and oilfield services. Co. operates in the following segments: oil and gas equipment production, which include the production of drilling pipes which are used in drilling exploration or production wells for oil and gas producers; coating materials production and coating service provision, which include the production of coating materials for anticorrosive and anti-friction purpose and provision of coating services; and oilfield services provision, which include the provision of well drilling services to oil and gas producers.

Provider
TheScreener
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