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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Zhongsheng Group Holdings Limited    881   KYG9894K1085

ZHONGSHENG GROUP HOLDINGS LIMITED

(881)
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Zhongsheng Group Holdings Limited : The beginning of the move

12/11/2019 | 09:14am EST
long trade
Target price hit
Entry price : 29.25HKD | Target : 31.9HKD | Stop-loss : 27.75HKD | Potential : 9.06%
Zhongsheng Group Holdings Limited shares have recently experienced an upward movement with a return of higher volumes and volatility. This technical chart pattern suggests a continuation of the upward movement.
Investors have an opportunity to buy the stock and target the HKD 31.9.
Zhongsheng Group Holdings Limited : Zhongsheng Group Holdings Limited : The beginning of the move
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by 42% by 2021.
  • The company shows low valuation levels, with an enterprise value at 0.69 times its sales.
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • Within the weekly time frame the stock shows a bullish technical configuration above the support level at 20.35 HKD

Weaknesses
  • The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
  • The stock is close to a major daily resistance at HKD 34.2, which should be gotten rid of so as to gain new appreciation potential.
  • The company sustains low margins.
  • The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
  • The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.

© MarketScreener.com 2019
Stocks mentioned in the article
ChangeLast1st jan.
AMP LIMITED 0.64% 1.565 End-of-day quote.0.32%
AT HOME GROUP INC. 10.20% 24.75 Delayed Quote.45.28%
BYD COMPANY LIMITED 1.80% 248.4 End-of-day quote.22.24%
LETS HOLDINGS GROUP CO., LTD. -0.27% 7.43 End-of-day quote.-4.50%
LOOK HOLDINGS INCORPORATED 1.97% 931 End-of-day quote.-2.72%
ZHONGSHENG GROUP HOLDINGS LIMITED -1.36% 50.9 End-of-day quote.-7.87%

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2020 136 B 21 021 M 21 021 M
Net income 2020 5 314 M 823 M 823 M
Net Debt 2020 16 979 M 2 628 M 2 628 M
P/E ratio 2020 22,5x
Yield 2020 0,92%
Capitalization 116 B 14 983 M 17 981 M
EV / Sales 2020 0,98x
EV / Sales 2021 0,85x
Nbr of Employees 31 803
Free-Float 22,6%
Upcoming event on ZHONGSHENG GROUP HOLDINGS LIMITED
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 23
Average target price 55,62 CNY
Last Close Price 50,90 CNY
Spread / Highest target 68,6%
Spread / Average Target 9,28%
Spread / Lowest Target -27,9%
EPS Revisions
Managers and Directors
NameTitle
Guo Qiang Li President, Chief Executive Officer & Vice Chairman
Yi Huang Chairman
Guo Hui Li Joint Chief Financial Officer & Executive Director
Qing Shan Du Executive Director & Deputy General Manager
Jin Jun Shen Independent Non-Executive Director
Sector and Competitors