Risk factor
Very high price volatility
Profitability factor
Slightly undervalued vs peers
About
CNGR Advanced Material Co.,Ltd. operates in the advanced materials and energy sectors, focusing its efforts on the entire lifecycle from research and development to the production and commercialization of essential precursor materials for lithium-ion battery cathodes, as well as innovative new energy recycling solutions. The company's primary offerings include ternary precursors and cobalt tetroxide. These critical components are fundamental to the manufacturing process of advanced ternary cathode materials and lithium cobalt oxide cathode materials. Established in 2014, CNGR Advanced Material is headquartered in Tongren, located in the People's Republic of China, and functions as a subsidiary under the umbrella of Hunan Zhongwei Holding Group Co., Ltd.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITD.
Target Price
The average target price of 300919.SZ is 60 and suggests 26% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc