Risk factor
Meaningful price volatility
Profitability factor
Greatly overvalued vs peers
About
Anhui Xinke New Materials Co.,Ltd engages in the research and development, production, and sales of copper alloy strip products in China. The company's products include brass, iron-copper, bronze, and copper-nickel alloy bare strips and their reflow tinned strips, hot-dip tinned strips, etc., as well as frame materials, zinc white copper strips, and tin phosphor bronze belts. It also offers plastic power, cross-linked power, radiation cross-linked low-smoke halogen-free flame-retardant power, fire-resistant flame-retardant, plastic control, overhead, bare, cloth, communication, data, computer, radiation cross-linked special, shielded, UL electronic, power, and ROHS environmental protection power cables, as well as automobile connecting wires. In addition, the company is also involved in the recycling of waste materials; and non-ferrous metal smelting, rolling, and processing. Its products are used in automotive terminal connectors, precision connectors, high-end electronic components, large-scale integrated circuits, communication equipment and 5G, smart terminals, and other industries. The company was formerly known as Kingswood Enterprise Co., Ltd. in August 2017. Anhui Xinke New Materials Co.,Ltd was founded in 1998 and is based in Wuhu, 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/EBITD.