JIANGSU ETERN CTD. with less fundamental stars is reduced to Neutral
JIANGSU ETERN CTD. (CN), a company active in the Telecommunications 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 2 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 20, 2017, the closing price was CNY 8.31 and its expected value was estimated at CNY 8.52.Jiangsu Yongding is engaged in the manufacture and research of electric wires, electric cables, optical fibers, optical cables, switch cabinet equipment, electronic products, and telecommunication equipment; domestic trading; industry investment; import and export of self-produced products; international and domestic tender projects; and dispatch of labors needed for overseas construction projects. Through its subsidiaries, Co. is engaged in the real estate development, leasing and sale; sale of telecommunication equipment, metal products, plastic product, hardware, general merchandise, and textile products; and salvage of waste materials.
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