Risk factor
Good trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Ningbo Henghe Precision Industry Co.,Ltd. researches, develops, designs, manufactures, and sells precision molds, precision components, injection molding products, and metal parts in China. The company offers precision gears and gearboxes, precision structural parts, cooling fans, all-plastic tailgates, all-plastic engine covers, refueling door actuators, lightweight automotive interior and exterior parts, vacuum cleaners, electric irons, fabric washing machines, electric toothbrushes, beauty instruments, drone assemblies, fan components, hardware, automobile rear doors, engine compartment covers, fuel filler caps, front-end frames, and medical accessories. Its products are used in home appliances, automobiles, sanitary ware, electronics, and medical equipment. The company was formerly known as Ningbo Henghe Mould Co., Ltd. and changed its name to Ningbo Henghe Precision Industry Co.,Ltd. in May 2021. Ningbo Henghe Precision Industry Co.,Ltd. was founded in 1992 and is headquartered in Cixi, China.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI