Risk factor
Good trading liquidity
Profitability factor
Excellent growth
About
Zhongji Innolight Co., Ltd. researches, designs, develops, manufactures, and sells intelligent equipment in China and internationally. The company offers motor stator coil winding equipment for use in various motor manufacturing fields, such as household electrical appliances, small and medium-sized industrial motors, automotive generators, and driving motors of new energy vehicles. It also provides optical communication transceiver modules for customers in data centers, data communications, long-distance transmission, wireless networks, and other fields. The company was formerly known as Shandong Zhongji Electrical Equipment Co., Ltd and changed its name to Zhongji Innolight Co., Ltd. in September 2017. Zhongji Innolight Co., Ltd. was founded in 1987 and is based in Longkou, China.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITDA,
Target Price
The average target price of 300308.SZ is 843 and suggests 20% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to