Report
EUR 13.63 For Business Accounts Only

An increasingly favourable environment allows TONGKUN GROUP CO.LTD. to improve to Neutral

The independent financial analyst theScreener just upgraded the general evaluation of TONGKUN GROUP CO.LTD. (CN), a company active in the Clothing & Accessories industry. As regards its fundamental valuation, the title confirms its rating of 3 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date October 8, 2019, the closing price was CNY 12.86 and its expected value was estimated at CNY 13.00.
Underlying
Tongkun Group (A)

Tongkun Group Co Ltd. TONGKUN GROUP CO., LTD. is a China-based company principally engaged in the research, development, manufacture and distribution of civil-used polyester filaments. The Company primarily provides pre-oriented yarns (POYs), draw textured yarns (DTYs), full draw yarns (FDYs), polyethylene terephthalate (PET) chips, spinning oil, among others. Its products are applied primarily in the manufacture of apparels and household textile products. The Company distributes its products in domestic and overseas markets.

Provider
TheScreener
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