How Have the Numbers Shaped Up for China XD Plastics (NASDAQ:CXDC)

Earnings results for China XD Plastics (NASDAQ:CXDC)

China XD Plastics Company Limited is estimated to report earnings on 11/12/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $0.25.

China XD Plastics last issued its quarterly earnings data on August 14th, 2020. The basic materials company reported $0.26 EPS for the quarter. The firm earned $283.22 million during the quarter. China XD Plastics has generated $0.00 earnings per share over the last year. China XD Plastics has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 12th, 2020 based off prior year’s report dates.

Analyst Opinion on China XD Plastics (NASDAQ:CXDC)

Dividend Strength: China XD Plastics (NASDAQ:CXDC)

China XD Plastics does not currently pay a dividend. China XD Plastics does not have a long track record of dividend growth.

Insiders buying/selling: China XD Plastics (NASDAQ:CXDC)

In the past three months, China XD Plastics insiders have not sold or bought any company stock. 49.40% of the stock of China XD Plastics is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 26.07% of the stock of China XD Plastics is held by institutions.

Earnings and Valuation of China XD Plastics (NASDAQ:CXDC

The P/E ratio of China XD Plastics is -1.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of China XD Plastics is -1.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. China XD Plastics has a P/B Ratio of 0.10. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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