Lonking Holdings Limited (LONKF)
Lonking Holdings Limited operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Shanghai, SH, CN. The stock last traded at $0.36, up 0.00% on the session, giving a market capitalisation of $1.54B. On trailing twelve-month figures it carries a trailing P/E of 8.65, a net margin of 11.6%. Its beta of 1.08 implies it has historically moved more than the broad market.
Lonking Holdings Limited operates as an investment holding company, primarily involved in the production and distribution of a wide array of construction machinery throughout Mainland China. Their core offerings encompass heavy equipment such as wheel loaders, road rollers, excavators, and forklifts. The company's product line further extends to hydraulic excavators, compact skid steer loaders, and a selection of forklifts powered by diesel, electricity, and liquefied petroleum gas (LPG). Beyond finished machinery, Lonking also supplies a diverse range of critical components. These include axles, gearboxes, cylinders, gears, castings, and sophisticated hydraulic systems like high-end pumps, various types of valves (main and pilot oil), radial plunger motors, swing motor and reducer assemblies, and variable plunger pumps. In addition to sales, the company provides finance leasing options for its wheel loaders and other heavy equipment. Lonking boasts a significant global presence, exporting its products to around 40 countries, covering regions such as Central and South America, Russia, the Asia-Pacific, the Middle East, and Africa. Established in 1993, the company's headquarters are situated in Shanghai, People's Republic of China.
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