` 301137 (HIT Welding Industry Co Ltd) vs Shanghai Composite Comparison - Alpha Spread

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301137
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Shanghai Composite

Over the past 12 months, HIT Welding Industry Co Ltd has significantly outperformed Shanghai Composite, delivering a return of +98% compared to the Shanghai Composite's +23% growth.

Stocks Performance
301137 vs Shanghai Composite

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Performance Gap
301137 vs Shanghai Composite

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301137
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Difference
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Performance By Year
301137 vs Shanghai Composite

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Competitors Performance
HIT Welding Industry Co Ltd vs Peers

Shanghai Composite
301137
ZATA
MUGH
HAL
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HIT Welding Industry Co Ltd
Glance View

Market Cap
8.7B CNY
Industry
Machinery

HIT Welding Industry Co Ltd is a CN-based company operating in Machinery industry. The company is headquartered in Changzhou, Jiangsu and currently employs 886 full-time employees. The company went IPO on 2022-03-22. HIT Welding Industry Co Ltd is a China-based company mainly engaged in the research and development, production and sales of various fusion welding materials. The firm's main products include various types of carbon steel welding wire, low alloy steel welding wire, stainless steel welding wire, aluminum alloy welding wire, nickel-based welding wire, flux-cored welding wire, special welding rod, flux, welding ribbon and others. The firm's products are used in large-scale engineering, rail transit, petrochemical, nuclear power and hydropower, construction machinery, containers, automobile manufacturing and other fields. The firm distributes products within domestic market and to overseas markets, including the United States, Canada, Russia, Indonesia and France, among others.

Intrinsic Value
11.51 CNY
Overvaluation 76%
Intrinsic Value
Price ¥47.71
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