Risk factor
Resilient to price shocks
Profitability factor
Greatly overvalued vs peers
About
Kuangda Technology Group Co., Ltd. engages in the research, development, production, and sale of automotive interior fabrics and seat covers in China. The company offers woven, weft knitted, and warp knitted fabrics; chemical fibers; auto seat covers; and auto seat cushions. It is also involved in the investment, construction, and operation of solar photovoltaic power generation stations in various regions, including Xinjiang, Tonghai, Yunnan, Yulin, Shaanxi, Heze, Shandong, and Xuanhua, Hebei. The company was formerly known as Jiangsu Kuangda Automobile Textile Group Co., Ltd. and changed its name to Kuangda Technology Group Co., Ltd. in August 2015. Kuangda Technology Group Co., Ltd. was founded in 1993 and is headquartered in Changzhou, China.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITDA
