` 1930 (Shinelong Automotive Lightweight Application Ltd) vs Hang Seng (Hong Kong) Comparison - Alpha Spread

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1930
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Hang Seng (Hong Kong)

Over the past 12 months, Shinelong Automotive Lightweight Application Ltd has significantly outperformed Hang Seng (Hong Kong), delivering a return of +51% compared to the Hang Seng (Hong Kong)'s +7% growth.

Stocks Performance
1930 vs Hang Seng (Hong Kong)

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1930
Hang Seng (Hong Kong)
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Performance Gap
1930 vs Hang Seng (Hong Kong)

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1930
Hang Seng (Hong Kong)
Difference
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Performance By Year
1930 vs Hang Seng (Hong Kong)

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1930
Hang Seng (Hong Kong)
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Competitors Performance
Shinelong Automotive Lightweight Application Ltd vs Peers

Hang Seng (Hong Kong)
1930
FMET
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Shinelong Automotive Lightweight Application Ltd
Glance View

Market Cap
254.1m HKD
Industry
Auto Components

Shinelong Automotive Lightweight Application Ltd. develops and supplies moulds, which focuses on moulds for the production of automotive parts. The company is headquartered in Suzhou, Jiangsu. The company went IPO on 2019-06-28. The firm operates through three segments. The Sales of Moulds segment is mainly involved in the design, develop, manufacture and sales of automotive moulds and electrical appliance moulds. The Company’s products include hot-pressing moulds, hydroforming moulds, plastic injection moulds, scanner moulds, explosion-proof robots moulds, and transformer moulds. The Parts Processing Services segment provides moulds modification as well as processing machine parts that are used in automotive moulds and electrical appliance moulds. The Other segment is engaged in the disposal of scrap metal and waste products to recycling company. The firm mainly distributes its products in the domestic market.

Intrinsic Value
0.332 HKD
Overvaluation 14%
Intrinsic Value
Price
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