Risk factor
Meaningful price volatility
Profitability factor
Greatly overvalued vs peers
About
Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd., headquartered in Shenzhen, China, specializes in the research, development, design, manufacturing, and distribution of industrial equipment, primarily operating within China. Their core offerings encompass advanced cleaning machines for LCD glass, ultrasonic cleaning systems, specialized plating apparatus, and industrial water purification units. The company's extensive product portfolio also features precision cleaning equipment tailored for flat panels, ITO and TFT glass, touch panels, LCD glass, thin film and crystalline silicon solar cells, and automotive glass. Additionally, they provide a range of ultrasonic cleaning technologies, surface treatment systems, water treatment solutions, and vital machine components, complemented by comprehensive pre-sales consulting and dedicated post-sales services. Established in 2004, the company was formerly known as Shenzhen HEKEDA Liquid Crystal Equipment Co., Ltd. until its rebranding to its current name in December 2012.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB