Shandong Donghong Pipe Industry Co., Ltd.

Shanghai Stock Exchange 603856.SS

Shandong Donghong Pipe Industry Co., Ltd. Price to Book Ratio (P/B) on January 14, 2025: 1.18

Shandong Donghong Pipe Industry Co., Ltd. Price to Book Ratio (P/B) is 1.18 on January 14, 2025, a -16.52% change year over year. Price to book ratio compares the stock price to the book value per share; above 1 indicates market values company more than its book value.
  • Shandong Donghong Pipe Industry Co., Ltd. 52-week high Price to Book Ratio (P/B) is 1.45 on October 08, 2024, which is 23.05% above the current Price to Book Ratio (P/B).
  • Shandong Donghong Pipe Industry Co., Ltd. 52-week low Price to Book Ratio (P/B) is 1.08 on February 07, 2024, which is -8.48% below the current Price to Book Ratio (P/B).
  • Shandong Donghong Pipe Industry Co., Ltd. average Price to Book Ratio (P/B) for the last 52 weeks is 1.22.
Key data
Date Price to Book Ratio (P/B) Dividend Yield Free Cash Flow Yield Price to Earnings Ratio (P/E)
Market news
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Shanghai Stock Exchange: 603856.SS

Shandong Donghong Pipe Industry Co., Ltd.

CEO Mr. Fengyao Ni
IPO Date Nov. 6, 2017
Location China
Headquarters No.1 Donghong Road
Employees 1,405
Sector Energy
Industries
Description

Shandong Donghong Pipe Industry Co., Ltd. engages in the research, development, manufacture, and servicing of pipeline systems in China. It offers SRTP piping systems, polyethylene composite piping systems, PVC pipes systems, insulation pipe, and anti-corrosion metal pipes, as well as pipe connections. The company also develops and produces materials, such as adhesive resin, polyolefin wear-resistant, 3PE pipeline corrosion protection, epoxy resin anti-corrosion powder, phosphorus flame retardant, anti-static flame-retardant polyethylene, and pipe auxiliary materials for pipes. In addition, it provides engineering pipeline products, which are used in national municipal, water conservancy, industrial and mining, thermal, and other large-scale projects, as well as general contracting solutions. Shandong Donghong Pipe Industry Co., Ltd. was founded in 1997 and is headquartered in Qufu, China.

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StockViz Staff

January 16, 2025

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