MarketScreener Homepage > Equities > SHENZHEN STOCK EXCHANGE > WELLE Environmental Group Co.,Ltd 300190 CNE100001146

Report

End-of-day quote SHENZHEN STOCK EXCHANGE - 01/22
6.95	CNY		-3.20%

2020

WELLE ENVIRONMENTAL : Group Announces 2019 Annual Results

Strengths

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 6.49 CNY in weekly data.
Graphically speaking, the timing seems perfect for purchasing the stock close to the CNY 6.96 support.
According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
With a P/E ratio at 13.76 for the current year and 11.39 for next year, earnings multiples are highly attractive compared with competitors.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses

The group usually releases earnings worse than estimated.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.

Sector Purification & Treatment Equipment

Financials

Upcoming event on WELLE ENVIRONMENTAL GROUP CO.,LTD

04/10/21

Fundamental ratings

Technical ratings