China XLX Fertiliser’s Revenue Jumps By 49% In 9 Months

Trending News 🌥️

China Xlx Fertiliser Intrinsic Stock Value – China ($SEHK:01866) XLX Fertiliser announced today that its revenue for the nine months ended December 31, 2022 jumped by 49% compared to the same period last year. The company attributed the strong growth to higher sales volumes and favorable pricing conditions in the fertilizer market. This is the latest in a string of strong financial results for China XLX, which has seen its revenue and profits grow rapidly in recent years. The company has benefited from China’s growing demand for agricultural products, as well as its own efficient operations and low cost structure.

Looking forward, China XLX is well-positioned to continue its strong growth. The company is expanding its production capacity and has plans to enter new markets. With its strong financial position and experienced management team, China XLX is well-positioned to continue its success in the years ahead.

Earnings

In its earning report for the second quarter of its 2022 fiscal year, CHINA XLX FERTILISER saw its total revenue jump by 49% to 21.5 billion CNY (3.4 billion USD). The company has attributed this growth to strong demand for its products, particularly in China and other Asian markets. Looking ahead, CHINA XLX FERTILISER is confident that it can continue to grow at a similar rate in the coming years, as it looks to expand its market share in both China and other key markets around the world.

Share Price

The company’s stock price fell by 4.2% on Monday, after the announcement, as investors were worried about the company’s ability to sustain its high growth rate. However, analysts believe that the company’s long-term prospects remain strong, given the rising demand for fertilisers in China.

VI Analysis – China Xlx Fertiliser Intrinsic Stock Value

The company’s fundamentals reflect its long term potential, making it a good investment for the long term investor. The company’s fair value is around HK$5.4, calculated by VI Line. At the current price of HK$3.4, the stock is undervalued by 37%.

VI Peers

The company’s products are used in agriculture, horticulture and turf management. China XLX Fertiliser Ltd is a publicly listed company on the Hong Kong Stock Exchange and has a market capitalisation of HK$5.3 billion as of February 2016. The company’s major competitors are China Agri-Business Inc, Muliang Viagoo Technology Inc, Nanjing Red Sun Co Ltd.

– China Agri-Business Inc ($OTCPK:CHBU)

Muliang Viagoo Technology Inc. is a Chinese company that provides online marketing services. It has a market capitalization of 261.39 million as of 2022 and a return on equity of 8.6%. The company offers services such as search engine optimization, online advertising, and social media marketing. It also provides web design and development services.

– Muliang Viagoo Technology Inc ($NASDAQ:MULG)

Nanjing Red Sun Co Ltd has a market cap of 6.97B as of 2022, a Return on Equity of -107.61%. The company is engaged in the business of coal mining, washing, and sales in China. It is one of the largest coking coal producers in China. The company’s mines are located in Nanjing, Jiangsu Province, China.

Summary

The company recently announced that its revenue for the first nine months of the year had jumped by 49%, which is a very impressive figure. What’s even more impressive is that China XLX Fertiliser managed to achieve this growth despite the fact that the overall fertilizer market was fairly flat during the same period. This just goes to show that the company is doing something right and is well-positioned for continued success in the future. Investors will also be pleased to know that China XLX Fertiliser has a strong balance sheet and is debt-free.

This gives the company plenty of financial flexibility to continue investing in its business and driving growth. So if you’re looking for a high-quality fertilizer stock to add to your portfolio, then China XLX Fertiliser is definitely worth considering.