Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Central Development Holdings Limited, an investment holding company, engages in the design, manufacture, and wholesale of fine jewelry products primarily in the People's Republic of China and Hong Kong. The company operates through Jewelry Business and Energy Business segments. It also manufactures and sells solar cooling intelligent technology products using thermal cooling-stored pipes; sells solar photovoltaic modules and components, as well as new energy smart direct current inverters and power optimizers; and sells refined oil and liquefied natural gas. The company offers its jewelry products to jewelry distributors and retailers. The company was formerly known as Zhong Fa Zhan Holdings Limited and changed its name to Central Development Holdings Limited in October 2019. The company is headquartered in Wan Chai, Hong Kong. Central Development Holdings Limited is a subsidiary of Resources Rich Capital Limited.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA, overvalued on
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