Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Established in 1984 and headquartered in Chongqing, China, Chongqing Zaisheng Technology Co., Ltd. specializes in the development, manufacturing, and commercialization of glass microfiber products. The company primarily serves China's purification and energy efficiency industries. Its extensive product range includes various filtration solutions, such as face masks, glass microfiber filter media, melt-blown and PTFE filtration materials, glass microfiber air-laid mats/bags, and specialized glass fiber filter paper for oil and gas separation. Furthermore, Zaisheng Technology supplies surface area battery separators, core materials for vacuum insulation panels, inorganic sprayed glass wool, and dry insulation blankets. The firm also delivers additional value-added services.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive
Target Price
The average target price of 603601.SS is 7.23 and suggests 23.9% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation