Risk factor
Good trading liquidity
Profitability factor
Strong margins and returns
About
Zhejiang Changsheng Sliding Bearings Co., Ltd., a Chinese firm, specializes in the research, development, production, and sale of a wide array of bearings. Its offerings encompass various self-lubricating bearing types, including those crafted from metal-polymer, metallic, non-metallic, and high-performance steel materials. The company also provides marginal-lubricated bearings in both metal-polymer and metallic versions. Beyond these core products, Zhejiang Changsheng supplies other self-lubricating components and related parts, such as air compressor swash plates, sintered bearings, steel sleeves, spherical bearings, and solid bronze alloy bearings, alongside hydraulic system components. These products are extensively utilized in numerous sectors, including agricultural and light industrial machinery, aerospace, defense, high-speed rail, automotive, construction equipment, general industrial applications, renewable energy, logistics, fitness gear, municipal infrastructure, household appliances, and fluid power systems. The company boasts a global presence, exporting its merchandise to approximately 40 countries and regions worldwide, with significant markets in European nations, the United States, and Japan. Established in 1995, the enterprise is headquartered in Jiashan, China.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB
Target Price
The average target price of 300718.SZ is 21 and suggests 68% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to