The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
In a short-term perspective, the company has interesting fundamentals.
The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at CNY 27.37 CNY in weekly data.
Graphically speaking, the timing seems perfect for purchasing the stock close to the CNY 27.25 support.
Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 34% by 2022.
Analysts covering this company mostly recommend stock overweighting or purchase.
With a 2020 P/E ratio at 29.37 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
For the last few months, analysts have been revising downwards their earnings forecast.