Last Updated: 16 Oct 2024
Executive Summary
Golden Heaven Group Holdings Ltd. (GDHG) is a Chinese company that operates in the services sector, specifically in the miscellaneous amusement and recreation industry. The company has a market capitalization of $92.38 million and a trailing price-to-earnings (PE) ratio of 1.451. The latest stock price is $2.35.
Company Overview
Golden Heaven Group Holdings Ltd. was founded in 2008 and is headquartered in Nanping City, China. The company operates a chain of amusement parks and other recreational facilities in China. The company's target market is families and young people.
Fundamental Analysis
Golden Heaven Group Holdings Ltd. has reported strong financial results in recent years. The company's revenue has grown from $20.5 million in 2019 to $25.5 million in 2023. The company's net income has also grown from $1.2 million in 2019 to $1.6 million in 2023. The company's profit margin is 6.57%.
The company's financial strength is reflected in its balance sheet. Golden Heaven Group Holdings Ltd. has $30.2 million in cash and cash equivalents and no debt. The company's current ratio is 1.5 and its quick ratio is 1.2.
Technical Analysis
The technical analysis of Golden Heaven Group Holdings Ltd. stock indicates that the stock is in a downtrend. The stock's 50-day moving average is $4.491 and its 200-day moving average is $14.38. The stock's relative strength index (RSI) is 30.
Short Term Outlook
The short-term outlook for Golden Heaven Group Holdings Ltd. stock is negative. The stock is in a downtrend and the RSI is below 30. This indicates that the stock is oversold and could continue to decline in the short term.
Long Term Outlook
The long-term outlook for Golden Heaven Group Holdings Ltd. stock is positive. The company has a strong financial foundation and is operating in a growing industry. The company's target market is families and young people, which is a large and growing market.
Analyst Recommendations
Analysts have a mixed view on Golden Heaven Group Holdings Ltd. stock. Some analysts believe that the stock is undervalued and has the potential to rebound in the long term. Other analysts believe that the stock is overvalued and could continue to decline in the short term.
