Risk factor
Meaningful price volatility
Profitability factor
Favourable analyst view
About
Founded in 1958 and based in Zhangzhou, China, Fujian Longxi Bearing (Group) Co., Ltd is a global manufacturer and supplier of a wide array of bearings and rolling components. The company's core product range includes spherical plain, tapered roller, deep groove ball, agricultural, and specialized non-standard bearings. Additionally, they produce gears for loaders and fine machinery, stalk bearing loader gearboxes, rod ends, linear guides, and ball screws. Their comprehensive inventory also features automobile mufflers, shock absorbers, maintenance-free panels, and various bearing bush products. These critical components are integral to a multitude of applications across diverse industries, such as heavy construction equipment (including loaders, motor graders, diggers, road rollers, and forklift trucks), heavy trucking, aerospace, aviation, hydropower, metallurgical and port machinery, railway transportation, architecture, scientific research instruments, food processing equipment, industrial piping systems, and general engineering machinery.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITDA,
Target Price
The average target price of 600592.SS is 22.9 and suggests 41.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to