China on Sunday launched its first freight train to London, the China Railway Corporation said.
Departing from Yiwu West Railway Station in eastern Zhejiang Province, the train will travel for about 18 days and more than 12,000 kilometers before reaching its destination in Britain.
Yiwu is known for producing small commodities, and the train mainly carried such goods, including household items, garments, cloth, bags and suitcases. It will pass through Kazakhstan, Russia, Belarus, Poland, Germany, Belgium and France before arriving in London.
London is the 15th city in Europe added to China-Europe freight train services.
The service will improve China-Britain trade ties, strengthen connectivity with western Europe, while better serving China’s Belt and Road Initiative, an infrastructure and trade network connecting Asia with Europe and Africa along ancient trade routes, the China Railway Corporation said.
China Railway Construction Corporation Limited is a engineering construction company. The Company’s main businesses consist of engineering contracting, including the construction of infrastructure, such as railways, highways, building construction, municipal utility, urban rail, water utility, electricity, bridges, tunnels and airports; survey, design and consultancy services of railways, highways, urban rail transit, water and power facilities, airports, docks, industrial and civil and municipal projects; industrial manufacturing business ,including the design, research, manufacture and maintenance of large-scale road maintenance machinery and equipment, and railways, bridges, sleepers and track system components, as well as other business operations, such as real estate development and logistics businesses.
|P/E Ratio (TTM)||9.22||20.22||66.86|
|P/E High – Last 5 Yrs.||10.13||64.77||47.19|
|P/E Low – Last 5 Yrs.||5.45||10.48||13.68|
|Price to Sales (TTM)||0.26||1.77||2.43|
|Price to Book (MRQ)||0.96||1.68||2.33|
|Price to Tangible Book (MRQ)||1.91||1.74||3.63|
|Price to Cash Flow (TTM)||—||12.17||14.11|
|% Owned Institutions||—||0.11||1.82|
|Dividend Yield – 5 Year Avg||1.94||1.34||1.57|
|Dividend 5 Year Growth Rate||10.76||9.82||6.13|
|Sales (MRQ) vs Qtr. 1 Yr. Ago||4.66||1.37||151.91|
|Sales (TTM) vs TTM 1 Yr. Ago||2.99||1.02||7.01|
|Sales – 5 Yr. Growth Rate||5.02||7.63||6.42|
|EPS (MRQ) vs Qtr. 1 Yr. Ago||6.37||19.52||4.70|
|EPS (TTM) vs TTM 1 Yr. Ago||-0.50||—||—|
|EPS – 5 Yr. Growth Rate||23.37||17.18||10.33|
|Capital Spending – 5 Yr. Growth Rate||9.79||4.68||11.00|
|Quick Ratio (MRQ)||0.71||0.99||2.01|
|Current Ratio (MRQ)||1.29||1.32||2.44|
|LT Debt to Equity (MRQ)||91.29||77.68||65.97|
|Total Debt to Equity (MRQ)||155.28||101.42||91.72|
|Interest Coverage (TTM)||4.38||2.53||13.14|