Risk factor
Fair trading liquidity
Profitability factor
Favourable analyst view
About
Based in Jiangyin, China, Elite Color Environmental Resources Science & Technology Co., Ltd. is a key manufacturer specializing in dope-dyed recycled polyester staple fibers. These versatile materials find extensive application across a broad spectrum of industries, including various engineering fields, flooring solutions like carpets, and automotive interiors. Beyond these, their products are integral to clothing, home textiles, medical supplies, and hygiene products. In the apparel sector, the fibers are specifically utilized for decorative linings, labels, and diverse accessories such as laces, bras, and shoulder pads. Within the automotive industry, the company's fibers are incorporated into a wide array of components, encompassing seat covers, sun visors, door upholstery, roof and luggage compartment coverings, thermal and sound insulation materials, carburetors, and air filters, while also serving as foundational fabrics for tufted carpets and sofa upholstery. Additionally, their materials contribute to geotechnical engineering projects.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV/EBITD
Target Price
The average target price of 002998.SZ is 11.0 and suggests 59% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i