Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Shanghai Carthane Co.,Ltd., headquartered in Shanghai, China, is an enterprise dedicated to the research, development, production, and sale of polyurethane (PUR) components, primarily focusing on vehicle suspension systems within the Chinese market. Their extensive catalog of suspension products features items such as plastic parts, protective dust covers, polyurethane buffer blocks, lower spring cushions, spring sheaths, rebound stopper buffers, and upper spring support elements. The company also manufactures control system parts, including various pedal assemblies. Furthermore, Shanghai Carthane provides a diverse array of specialized polyurethane products, encompassing heavy-duty polyurethane rubber tires, a variety of polyurethane elastomers, resilient wear-resistant materials, and robust high-load wheels. While predominantly serving the domestic Chinese market, their products are also supplied to international clients in regions such as North America, Europe, Japan, and Korea.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITDA