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 16.05 CNY in weekly data.
Graphically speaking, the timing seems perfect for purchasing the stock close to the CNY 15.53 support.
Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
The group's activity appears highly profitable thanks to its outperforming net margins.
Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
This company will be of major interest to investors in search of a high dividend stock.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses
The technical configuration over the long term remains negative on the weekly chart below the resistance level at 23.88 CNY