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Added to YB: 2024-01-18

Pitch date: 2024-01-18

ZJYL [bearish]

Jin Medical International Ltd.

+95.6%

current return

Author Info

Culper Research seeks to expose companies which have misrepresented their operations, failed to disclose significant risks, misused capital, possess accounting irregularities, or otherwise deceived investors. Sign up for the newsletter.

Company Info

Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally.

Market Cap

$410.2M

Pitch Price

$5.01

Price Target

0.55 (+149%)

Dividend

N/A

EV/EBITDA

153.25

P/E

140.41

EV/Sales

19.58

Sector

Health Care Equipment and Supplies

Category

special_situation

Show full summary:
[SHORT] Culper Research is short $ZJYL - a China Hustle-style charade

$ZJYL: Short China hustle w/ 8% rev drop to $19M but trades at 45x sales (90%+ downside). Shady underwriters, auditor issues, delisting risk. Recent deals look fake & related party. Insider enrichment scheme. Halt to protect investors.

Read full article (2 min)