CITIC Heavy Industries Co., Ltd. manufactures and sells heavy machinery in China and internationally. The company operates in four segments: Mining and Heavy Equipment, Robotics and Intelligent Equipment, New Energy Equipment, and Special Materials. It offers grinding mills; crushers; vertical stirred mills; high pressure grinding rolls; mine hoists; vertical roller mills; rotary kilns; and liners. The company also provides equipment installation and system commissioning; service support; equipment operation and maintenance; fault emergency handling; spare parts supply; product upgrade and retrofitting; remote monitoring and fault diagnosis; and intelligent database of mining industry. In addition, it engages in the production and sale of mainframe products; engineering general contracting; robots and smart mining equipment; castings, forgings, wear-resistant materials, and special products; and offshore wind power, steel structure, sales of steam turbine generator sets, energy storage power batteries, power batteries, and other energy equipment. The company exports its products. It serves mining, cement, and other processing industries. The company was formerly known as Luoyang Mining Machinery Factory and changed its name to CITIC Heavy Industries Co., Ltd. in January 1993. CITIC Heavy Industries Co., Ltd. was founded in 1956 and is headquartered in Luoyang, China. The company operates as a subsidiary of CITIC Group Corporation.
Metrics to compare | 601608 | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship Relationship601608PeersSector | |
|---|---|---|---|---|
P/E Ratio | 83.9x | 25.4x | 12.1x | |
PEG Ratio | −7.88 | 0.08 | 0.03 | |
Price/Book | 3.4x | 2.5x | 1.4x | |
Price / LTM Sales | 3.9x | 3.2x | 1.2x | |
Upside (Analyst Target) | - | 9.5% | 20.8% | |
Fair Value Upside | Unlock | −1.0% | 6.1% | Unlock |