Hunan Kaimeite Gases Co Ltd: A Snapshot of Current Financials and Operations
Hunan Kaimeite Gases Co Ltd, a prominent player in the materials sector, is headquartered in Yueyang, China. The company specializes in the production and sale of industrial gases, including dry ice and liquid carbon dioxide, which are integral to various industries. Additionally, Hunan Kaimeite Gases extends its offerings to include food additive liquid carbon dioxide, plastic products, and freight transportation services.
As of April 24, 2025, the company’s stock is trading at a close price of 8.84 CNH on the Shenzhen Stock Exchange. This figure is notably lower than the 52-week high of 12.23 CNH, recorded on April 7, 2025. Conversely, the stock reached a 52-week low of 4.64 CNH on August 25, 2024. The market capitalization of Hunan Kaimeite Gases stands at 6.48 billion CNH, reflecting its substantial presence in the industry.
Despite its significant market cap, the company’s price-to-earnings ratio is currently at -143.72, indicating challenges in profitability. This negative ratio suggests that the company is not generating earnings, which could be a point of concern for investors.
Hunan Kaimeite Gases Co Ltd was publicly listed on the Shenzhen Stock Exchange following its Initial Public Offering (IPO) on February 18, 2011. For more detailed information about their products and services, interested parties can visit their official website at www.china-kmt.cn .
The company’s diverse product range and services highlight its strategic positioning within the chemicals industry, catering to both industrial and consumer needs. However, the financial metrics underscore the importance of monitoring its earnings performance moving forward.