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An unfavourable environment weighs on FJN.LONGMA ENV.SNTN.EQU., which sees a downgrade to Negative

The independent financial analyst theScreener just requalified the general evaluation of FJN.LONGMA ENV.SNTN.EQU. (CN), active in the Waste & Disposal Services industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Negative. As of the analysis date August 20, 2019, the closing price was CNY 15.42 and its target price was estimated at CNY 11.32.
Fujian Longma Environmental Sanitation Equipment (A)

Fujian Longma Environmental Sanitation Equipment Co Ltd. Fujian Longma Environmental Sanitation Equipment Co., Ltd. is a China-based company mainly engaged in the provision of sanitation equipments and sanitation services. The Company's primary businesses include the research and development, manufacturing and sales of sanitation equipments, garbage collection and transit equipments, new energy and clean energy sanitation equipments, as well as other environmental equipments. The Company is also involved in the provision of operation services related to sanitation industry. The Company mainly operates its businesses in China.


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