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    688196   CNE100003PK6

LONGYAN ZHUOYUE NEW ENERGY CO., LTD.

(688196)
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Two missing in south China biofuel plant blast - state media

07/12/2020 | 01:17am EST

Two people were missing and two injured after an explosion on Sunday at a biofuel plant in China's Fujian province, the local fire department and state media said.

The blast occurred around 10:10 a.m. (0210 GMT) at Longyan Zhuoyue New Energy Co Ltd, a Shanghai-listed biofuel producer based in the southern city of Longyan, as workers were doing maintenance, CCTV said.

Video on state television showed thick dark smoke bellowing into the sky.

The fire was continuing as of 0600 GMT, as more than 100 firefighters were dispatched to the site and nearby residents had been evacuated, CCTV said.

Longyan Zhuoyue New Energy processes gutter oil into biodiesel, the company website says.

(Reporting by Chen Aizhu in Singapore and Liangping Gao in Beijing; Editing by William Mallard)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL -11.41% 72.86 Delayed Quote.59.07%
LONGYAN ZHUOYUE NEW ENERGY CO., LTD. -0.42% 59 End-of-day quote.-2.61%
WTI -11.91% 68.16 Delayed Quote.60.61%
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Financials
Sales 2021 2 351 M 368 M 368 M
Net income 2021 325 M 50,8 M 50,8 M
Net Debt 2021 - - -
P/E ratio 2021 21,8x
Yield 2021 0,97%
Capitalization 7 080 M 1 108 M 1 108 M
Capi. / Sales 2021 3,01x
Capi. / Sales 2022 2,29x
Nbr of Employees 530
Free-Float 23,1%
Chart LONGYAN ZHUOYUE NEW ENERGY CO., LTD.
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Longyan Zhuoyue New Energy Co., Ltd. Technical Analysis Chart | MarketScreener
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Technical analysis trends LONGYAN ZHUOYUE NEW ENERGY CO., LTD.
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 59,00 CNY
Average target price 63,72 CNY
Spread / Average Target 8,00%
EPS Revisions
Managers and Directors
Huo Dong Ye Chairman & General Manager
Zheng Ling He Financial Director, Director & Deputy GM
Chun Gen Lin Chairman-Supervisory Board
Dan Ming Luo Technical Director
Ming Shu Chen Independent Director
Sector and Competitors
1st jan.Capi. (M$)
LONGYAN ZHUOYUE NEW ENERGY CO., LTD.-2.61%1 108
VERBIO VEREINIGTE BIOENERGIE AG106.03%4 522
ITM POWER PLC-16.59%3 514
NEL ASA-37.88%2 890
RENEWABLE ENERGY GROUP, INC.-32.41%2 406
GREEN PLAINS INC.189.90%2 046