Longxing Technology Group Co., Ltd. produces and sells carbon black products under the Longxing brand in China. The company offers carbon black, white carbon black, silica, and coal tar products. Its carbon black is used for the production of steel and semi-steel radial tires and inner tubes; and used in door and window sealing strips, oil pipes, shock absorbers, brake pads, and other auto parts, as well as rubbers, building materials, electronics, paper, plastics, color master batches, paint, fuel, chemical fibers, coloring of fiber, ink, wash painting, and papermaking. The company’s white carbon black is used in tires and product industries for reinforcement and filling; and feed-grade silica is used in the feed additive industry to act as a carrier, glidant, and anti-caking. It also engages in energy business. The company was formerly known as Longxing Chemical Stock Co., Ltd. and changed its name to Longxing Technology Group Co., Ltd. in January 2025. Longxing Technology Group Co., Ltd. was founded in 1994 and is based in Shahe, China.
Metrics to compare | 002442 | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship Relationship002442PeersSector | |
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P/E Ratio | 22.6x | 30.1x | 1.3x | |
PEG Ratio | −9.84 | 0.01 | 0.00 | |
Price/Book | 1.7x | 2.0x | 1.6x | |
Price / LTM Sales | 0.7x | 1.2x | 1.3x | |
Upside (Analyst Target) | - | 17.1% | 19.0% | |
Fair Value Upside | Unlock | 9.0% | 0.6% | Unlock |