` 601890 (Asian Star Anchor Chain Co Ltd Jiangsu) vs Shanghai Composite Comparison - Alpha Spread

601890
vs
Shanghai Composite

Over the past 12 months, has outperformed Shanghai Composite, delivering a return of 13% compared to the Shanghai Composite's 9% growth.

Stocks Performance
601890 vs Shanghai Composite

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601890
Shanghai Composite
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Performance Gap
601890 vs Shanghai Composite

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601890
Shanghai Composite
Difference
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Performance By Year
601890 vs Shanghai Composite

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601890
Shanghai Composite
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Competitors Performance
Asian Star Anchor Chain Co Ltd Jiangsu vs Peers

Shanghai Composite
601890
6362
PH
ATCO A
7011
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Asian Star Anchor Chain Co Ltd Jiangsu
Glance View

Market Cap
8.3B CNY
Industry
Machinery

Tucked away in the industrial hub of Jiangsu province, Asian Star Anchor Chain Co., Ltd. unfurls its legacy as a titan of the maritime and marine equipment sector. Established with a vision anchored in resilience, the company has flourished amidst the region's competitive landscape by mastering the art of crafting high-quality chains. From anchor chains that tether colossal vessels to mooring chains that ensure stability in tempestuous waters, Asian Star has built an indomitable reputation. This enterprise artfully marries advanced metallurgy with rigorous quality control, ensuring their products meet stringent international standards. The secret to their success lies not just in the acres of manufacturing yards, abuzz with the clatter of heavy machinery, but also in an unwavering commitment to innovation in production processes and materials. Asian Star's revenue streams are buoyed by a steady demand from shipbuilders, offshore drilling firms, and even sectors far removed from the sea, such as mining and heavy industry. By offering a diverse portfolio that includes not only the more ubiquitous welded stud links but also specialty chains crafted for bespoke specifications, the company strategically places itself at the helm of multiple industries. With global shipping lines increasingly scrutinizing the quality and durability of their equipment, Asian Star leverages stringent safety certifications to deepen its penetration into international markets. The company’s robust export operations, coupled with a strategic penchant for forming partnerships with global distribution networks, ensure that its chains encircle the world. This shrewd blend of operational excellence and diversified market engagement continues to anchor Asian Star's prosperity in a turbulent global economy.

Intrinsic Value
12.05 CNY
Undervaluation 28%
Intrinsic Value
Price
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