Risk factor
Strong trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Tongkun Group Co., Ltd., established in 1981 and headquartered in Tongxiang, China, is a key manufacturer and supplier of polyester filament yarns, predominantly serving the Chinese market. The company boasts a comprehensive product portfolio, which includes various polyester filament yarns like pre-oriented, low-spandexed, full-draw, and composite yarns. Their offerings further extend to specialized textile products such as spandex-covered yarns, two-component elastic yarns, and polybutylene terephthalate (PBT) matte high elastic yarns. They also produce medium-strength polyester yarn, suitable for high-performance sewing threads, along with imitated hemp yarns, blanket plush yarns, and cationic modified polyester. These items are marketed under their distinct GOLDENCOCK and Tongkun brands. Beyond its significant domestic presence, Tongkun Group also engages in international trade, exporting its products to numerous regions globally, including South America, Europe, the Middle East, South Africa, South Korea, and Vietnam.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, of fair
Target Price
The average target price of 601233.SS is 33.8 and suggests 48.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to