Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
China Ocean Group Development Limited, an investment holding company, engages in the supply chain management and ocean fishing businesses in the People's Republic of China, Hong Kong, and internationally. The company provides services involving the planning and implementation of an integrated solution for the flow of business, logistic, information, and funds to small and medium sized enterprises in various industries. In addition, the company is involved in the fishing and catching business in an open sea. Further, it provides administration services and trades in seafood products. The company was formerly known as China Ocean Fishing Holdings Limited and changed its name to China Ocean Group Development Limited in May 2020. China Ocean Group Development Limited was incorporated in 2001 and is headquartered in Wan Chai, Hong Kong.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.