Risk factor
Strong & resilient to price shocks
Profitability factor
Very low or no dividends
About
Ningbo Changhong Polymer Scientific and Technical Inc. is a Chinese manufacturer specializing in the production of advanced styrene-butadiene-styrene (SBS) and styrene-ethylene-butadiene-styrene (SEBS) polymers. These versatile polymers find extensive application across numerous industrial sectors; they are integral components in everything from footwear manufacturing and construction materials (including waterproofing solutions) to asphalt and plastic modification. Furthermore, their uses extend to adhesive agents, pharmaceutical and health products, as well as specialized applications in plastic runways and bicycle tires. Established in 2012, the company maintains its operational base in Ningbo, China.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD.