Da Ming International Holdings Limited processes, distributes, and sells stainless steel and carbon steel products in the People's Republic of China and internationally. It offers high strength steel, wear-resistant steel, regular stainless steel, duel phase steel, heat-resistant steel, nickel based alloy, super austenitic-steel, and 6mo steel products. The company is also involved in the purchase and sale of metal materials; and distribution and sale of fixed assets. It serves machineries, distributors, petrochemical, home hardware and appliances, automobile and transport, construction, renewable energy, and other industries. The company was incorporated in 2007 and is headquartered in Wuxi, the People's Republic of China. Da Ming International Holdings Limited is a subsidiary of Ally Good Group Limited.
General Outlook
In simple terms, Da Ming International Holdings Limited has 1274.53 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.018% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.002%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -0.003%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.012% return, is a testament to Da Ming International Holdings Limited's adeptness in optimizing resource deployment. Da Ming International Holdings Limited's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.048%. Furthermore, the proficiency of Da Ming International Holdings Limited in capital utilization is underscored by a remarkable 0.015% return on capital employed.
Stock Prices
Da Ming International Holdings Limited's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $1.26, while its low point bottomed out at $1.26. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Da Ming International Holdings Limited's stock market.
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