Planet Green Holdings Corp., through its subsidiaries, grows, manufactures, and distributes brick, black, and green tea products in China and internationally. It also imports and distributes beef products; and engages in the research, development, manufacture, and sale of chemical products, including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives, and clean fuel. In addition, the company researches, develops, and manufactures skid-mounted refueling and LNG cryogenic equipment, as well as oil storage tanks. Further, it operates an online demand-side platform, a system that allows buyers of digital advertising inventory to manage multiple advertisement exchange and data exchange. The company was formerly known as American Lorain Corporation and changed its name to Planet Green Holdings Corp. in September 2018. Planet Green Holdings Corp. was incorporated in 1986 and is headquartered in Flushing, New York.
General Outlook
In simple terms, Planet Green Holdings Corp. has 72.082 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.098% 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 -0.169%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -1.090%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.535% return, is a testament to Planet Green Holdings Corp.'s adeptness in optimizing resource deployment. Planet Green Holdings Corp.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.803%. Furthermore, the proficiency of Planet Green Holdings Corp. in capital utilization is underscored by a remarkable -0.160% return on capital employed.
Stock Prices
Planet Green Holdings Corp.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $0.355, while its low point bottomed out at $0.35. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Planet Green Holdings Corp.'s stock market.
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