Risk factor
Strong & resilient to price shocks
Profitability factor
Favourable analyst view
About
China National Gold Group Gold Jewellery Co.,Ltd. is engaged in the manufacturing and retail of gold jewelry. The company utilizes a broad distribution network, comprising 30 dedicated brand service centers and around 2,000 specialized retail outlets, in addition to its online sales channels. Established in 2006, this enterprise maintains its primary office in Beijing, China.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.
Target Price
The average target price of 600916.SS is 10.0 and suggests 40.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to