Skip to Content

Zhejiang Kaier New Materials Co Ltd 300234

Morningstar Rating
CNY 4.52 +0.04 (0.89%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

300234 is trading at a 249% premium.
Price
CNY 4.49
Fair Value
CNY 2.43
Uncertainty
Very High
1-Star Price
CNY 33.23
5-Star Price
CNY 7.24
Economic Moat
Xdkdr
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if 300234 is a good fit for your portfolio.

Trading Information

Previous Close Price
CNY 4.48
Day Range
CNY 4.444.53
52-Week Range
CNY 2.916.08
Bid/Ask
CNY 4.52 / CNY 4.53
Market Cap
CNY 2.27 Bil
Volume/Avg
3.6 Mil / 9.6 Mil

Key Statistics

Price/Earnings (Normalized)
36.02
Price/Sales
3.63
Dividend Yield (Trailing)
1.65%
Dividend Yield (Forward)
1.65%
Total Yield
1.65%

Company Profile

Zhejiang Kaier New Materials Co Ltd is engaged in the research, development, design, production, promotion, manufacture, and sales of functional enamel materials.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Small Growth
Total Number of Employees
685

Comparables

Valuation

Metric
300234
301283
688300
Price/Earnings (Normalized)
36.0223.9949.80
Price/Book Value
1.991.726.19
Price/Sales
3.631.5411.13
Price/Cash Flow
18.8145.26
Price/Earnings
300234
301283
688300

Financial Strength

Metric
300234
301283
688300
Quick Ratio
2.956.263.04
Current Ratio
3.667.373.79
Interest Coverage
58.2749.59308.06
Quick Ratio
300234
301283
688300

Profitability

Metric
300234
301283
688300
Return on Assets (Normalized)
4.22%6.48%10.41%
Return on Equity (Normalized)
5.59%7.45%13.21%
Return on Invested Capital (Normalized)
4.88%7.04%12.34%
Return on Assets
300234
301283
688300
See how this stock stacks up to its competitors with Morningstar Investor

Steel Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NUE
Nucor CorpNzpbnpgvRgbj$41.7 Bil
PKX
POSCO Holdings Inc ADRSdstlspmzVrnmp$22.1 Bil
STLD
Steel Dynamics IncWqqnwyvstHmlr$21.2 Bil
AMSYF
ArcelorMittal SA New Reg.Shs ex-ArcelorWhvkvwwwWqlm$20.7 Bil
MT
ArcelorMittal SA Depository ReceiptBmhlqNmw$20.7 Bil
NISTF
Nippon Steel CorpHcmr$19.6 Bil
NPSCY
Nippon Steel Corp ADRPjnc$19.6 Bil
RS
Reliance IncPqvnjmcqBgnhh$16.9 Bil
JFEEF
JFE Holdings IncMvzy$9.4 Bil
KIROY
Kumba Iron Ore Ltd ADRRmkjgkg$9.1 Bil

Sponsor Center