Risk factor
Meaningful price volatility
Profitability factor
Somewhat favourable analyst view
About
FULONGMA Group Co.,Ltd. operates as a prominent Chinese manufacturer specializing in environmental sanitation solutions. The company's extensive product portfolio encompasses a wide array of road cleaning and maintenance equipment. This includes specialized vehicles such as pavement maintenance trucks, guardrail cleaning systems, wall washing tankers, advanced suction-type sewer scavengers, multi-functional dust suppression trucks, high-pressure sprinklers, and various models of cleaning sweeper and vacuum suction vehicles. Furthermore, FULONGMA provides a comprehensive suite of waste management equipment. Their offerings in this sector feature compression refuse collectors, self-discharging garbage trucks for docks, mobile refuse compactors, adaptable detachable container systems, sealed garbage bin carriers, powerful waste crushing trucks, and dedicated kitchen garbage trucks. Beyond these core areas, the company also develops waste disposal equipment and EV (Electric Vehicle) power products. All its products are marketed under the well-recognized FULONGMA brand. The enterprise, which was formerly known as Fujian Longma Environmental Sanitation Equipment Co., Ltd., officially changed its corporate name to FULONGMA GROUP Co.,Ltd. in December 2021. Its operational headquarters are situated in Longyan, China.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is overpriced on P/E, of fair value o
Target Price
The average target price of 603686.SS is 17.2 and suggests 13.6% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommen