Nanjing Develop Advanced Manufacturing Co Ltd

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Nanjing Develop Advanced Manufacturing Co Ltd (688377) Price Performance

Nanjing Develop Advanced Manufacturing Co Ltd (688377) trades on SHG in CNY. The company is classified in the Energy sector under the Oil & Gas Equipment & Services industry. The stock currently trades at CNY36.99, down 3.37% from the previous close.

Over the past year, 688377 has traded between a low of CNY15.53 and a high of CNY51.10. The stock has gained 74.7% over this period. It is currently 27.6% below its 52-week high.

Nanjing Develop Advanced Manufacturing Co Ltd has a market capitalization of $7.92B, with a price-to-earnings ratio of 71.39.

About Nanjing Develop Advanced Manufacturing Co Ltd

Nanjing Develop Advanced Manufacturing Co., Ltd. engages in the research, development, manufacturing, and sale of parts and components for oil and gas industry in China and internationally. The company offers surface equipment and Christmas tree components, including tree cap, tubing hanger, and packoff seal assemblies, as well as tree block, casing hanger, multibowl wellhead, cross, gate valve, casing and tubing heads, and tubing head adapter; subsea equipment components, such as conductor housing, subsea conductor housing, subsea composite valve block, and subsea hydraulic connector assembly; and fracturing equipment components comprising frac pump fluid end, frac valve assemble, and gate valve. It also provides forging and machining drilling equipment; petrochemical; clean power; and engineering and mining machinery. The company's products are used in deep water subsea drilling and production, shale gas fracturing, surface wellhead and Christmas tree, BOP, high pressure fluid transportation system, and wind and nuclear power sectors. It exports its products in Brazil, Singapore, Malaysia, the United Kingdom, Romania, France, Argentina, and other countries. The company was incorporated in 2009 and is based in Nanjing, China.