Newater Technology, Inc. (NEWA)
Newater Technology, Inc. operates in the Industrial - Pollution & Treatment Controls industry of the Industrials sector, headquartered in Yantai, CN. The stock last traded at $4.17, up 0.00% on the session, giving a market capitalisation of $0. On trailing twelve-month figures it carries a trailing P/E of 8.18, a net margin of 10.9%. Its beta of 0.88 implies it has historically moved less than the broad market.
Newater Technology, Inc. is a company that specializes in delivering advanced solutions for wastewater purification. Based in Yantai, Shandong, the firm employs a workforce of 203 full-time professionals. At its core, Newater Technology develops, manufactures, and markets proprietary disk tube reverse osmosis (DTRO) and disk tube nanofiltration (DTNF) membrane filtration products. These cutting-edge membranes are crucial for effectively treating, recycling, and enabling the safe discharge of industrial wastewater. Beyond just the membranes, the company provides comprehensive, integrated systems that incorporate its DTRO and DTNF technologies. This holistic approach includes offering extensive engineering support, installation services, expert technical advice, and various project management solutions, all aimed at transforming contaminated water into clean, reusable resources. Their clientele primarily includes companies within the chemical and energy sectors. Furthermore, Newater Technology extends its offerings to encompass conventional wastewater treatment methodologies, such as those utilizing activated carbon and resins.
Newater Technology, Inc. is most often compared with the following Industrials names: