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Stock Screener·China·Energy·603800.SS
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Jiangsu Hongtian Technology Co.,Ltd. Stocks

CN¥ 55Last Updated 11.09.2026

Issuer Rating

3/7
Performance

Modest

Risk

Moderate

Recommendation

Sell

Market Cap

CN¥ 1.74B

CN¥ 55
Key Takeaways

Risk factor

High price volatility

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Data is available to registered users only

Profitability factor

Greatly overvalued vs peers

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Data is available to registered users only
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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Jiangsu Hongtian Technology Co.,Ltd., established in 2001 and headquartered in Suzhou, China, is a key player in the research, development, manufacturing, and distribution of specialized equipment for the oil, natural gas, and shale gas industries. Formerly known as Suzhou Douson Drilling & Production Equipment Co.,Ltd. until its rebranding in June 2024, the company offers an extensive product line designed for various exploration and production needs. Their portfolio includes a diverse range of wellhead systems, suitable for land-based, offshore, unconventional, high-temperature, and fracturing operations, complemented by christmas tree assemblies. They also provide a comprehensive selection of valves, encompassing flat gate, surface safety, choke, check, plug, and electric types. For hydraulic fracturing applications, Jiangsu Hongtian supplies a wide array of components and machinery. This includes high and low-pressure manifolds, universal fracturing manifolds, various desanders (cyclone, double-canister filter), filterate manifolds, manual and hydraulic fracturing tools, fracturing goat heads, high-pressure plugs, and an assortment of union fittings like joints, movable elbows, and tees for pipeline connections. The company further delivers critical well control apparatus, such as blowout preventers for drilling, coiled tubing, and sucker rod applications, alongside drilling choke and kill manifolds. Additionally, they manufacture subsea products, including spherical flange connectors, gate valves, and choke valves. Beyond equipment provision, Jiangsu Hongtian Technology Co.,Ltd. offers a suite of support services, including fracturing assistance, equipment rental, device installation, and valuable training and technical guidance. Their advanced solutions are widely utilized in the exploration of shale oil and gas, tight oil and gas, onshore oil, offshore oil extraction, and the transportation of oil and gas via pipelines.

Company Valuation

Greatly overvalued
1/7

Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
    Data is available to registered users only
Sign up to access detailed risk analysis

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