Risk factor
Meaningful price volatility
Profitability factor
Greatly overvalued vs peers
About
Cedar Development Co., Ltd. is an apparel manufacturer and retailer based in China. The company specializes in producing and selling a diverse range of clothing for both men and women. Its product line for men includes suits, coats, jackets, down jackets, a variety of cotton garments, and sweaters. For women, the company offers suits, coats, and windbreakers. Additionally, Cedar Development provides corporate and workwear uniforms, along with general apparel such as shirts, trousers, and tops. Beyond clothing manufacturing, the company also extends its services to include dry cleaning and maintenance specifically for suits. The firm, which commenced operations in 1992, is headquartered in Zhucheng, China. It was previously known as Sinoer Men's Wear Co., Ltd. until its official rebranding to Cedar Development Co., Ltd. in August 2021. Cedar Development Co., Ltd. operates as a subsidiary of Guangzhou Cedar Cultural Tourism Investment Co., Ltd.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks.