top of page

Lonking Holdings Limited

Lonking is a leading supplier of construction machinery based in China. It manufactures wheel loaders (48% of 2021 revenues), forklifts (26%), excavators (14%), road rollers (1%), and others (11%).

It is the market leader in wheel loaders and in the top three by market share in forklifts.

Short-term prospects are poor in China’s construction industry. Further, the company faces intense competition. Management have intimated that profits will decline by over 50% in the six months to 2022.

Want to read more?

Subscribe to www.analyzingbargainstocks.com to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All

Reach plc (LSE Ticker: RCH; Price when published: £0.76) Reach (‘company’) is a UK newspaper and magazine publisher, which owns 130 brands and serves 25% of UK households. It owns prominent national b

Yachiyo Industry Co., Ltd. (TSE ticker: 7298; Price when published: 659 yen) Yachiyo (‘company’) manufactures automobile parts and is a subsidiary of Honda Motor Company, which holds a 50.5% stake. 90

Itec Corporation (TSE ticker: 9964; Price: 1518 yen) Itec (‘group’) is based in Japan and primarily manufactures steel products such as steel bars, plates, pipes, etc. (77% of FY22 revenues), and stee

Subscribe to Our Newsletter

Thanks for submitting!

bottom of page