|Bid||13.980 x 0|
|Ask||14.000 x 0|
|Day's Range||13.920 - 14.160|
|52 Week Range||12.020 - 16.600|
|Beta (5Y Monthly)||0.23|
|PE Ratio (TTM)||21.14|
|Earnings Date||Mar 22, 2021|
|Forward Dividend & Yield||0.43 (3.06%)|
|Ex-Dividend Date||Jun 09, 2021|
|1y Target Est||13.76|
Moody's Investors Service has assigned a Baa1 senior unsecured rating to the proposed USD notes to be issued by Tingyi (Cayman Islands) Holding Corp. (Baa1 positive). "Tingyi's Baa1 rating reflects the company's leading market position in its key product segments and its well-known Master Kong brand, as well as its extensive distribution network, which enhances market penetration and increases barriers to entry," says Ying Wang, a Moody's Vice President and Senior Analyst. "The rating also factors in Tingyi's strong cashflow generation, backed by sound working capital management, and its prudent financial policy featuring a net cash position and low leverage amid a challenging operating environment," adds Wang.
Moody's Investors Service has affirmed Tingyi (Cayman Islands) Holding Corp.'s (Tingyi) Baa1 issuer rating, and has revised the rating outlook to positive from stable. Moody's expects the company will continue to deleverage to 1.3x-1.5x over the next 1-2 years.
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