Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
China Public Procurement Limited functions as an investment holding company, primarily engaged in the diverse trading of products throughout the People's Republic of China. Its business activities are segmented into five principal areas: providing procurement services to both government agencies and private sector enterprises; operating a dedicated trading division for various goods; offering corporate IT solutions, which encompass software development and ongoing maintenance; generating revenue from the leasing of its investment properties; and delivering energy management contracting services. The company, founded in 2002, was previously known as Sunny Global Holdings Limited until it rebranded to China Public Procurement Limited in May 2009. It is headquartered in Hangzhou, Hong Kong.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers.