Zhejiang Competitors

003026 Stock

38.95 0.55 1.39%

Zhejiang Mtcn Technology competes with Dawning Information, ButOne Information, Western Metal, Pengxin International, and China Marine; as well as few others. The company operates under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. Analyzing Zhejiang Mtcn competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Zhejiang Mtcn to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Zhejiang Mtcn Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Zhejiang Mtcn competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
34.74	38.95	43.16

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Intrinsic

Valuation

Low	Real	High
26.99	31.20	42.85

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Naive

Forecast

Low	Next	High
36.65	40.86	45.07

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Earnings

Estimates (0)

Low	Projected EPS	High
0.00	0.00	0.00

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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zhejiang Mtcn. Your research has to be compared to or analyzed against Zhejiang Mtcn's peers to derive any actionable benefits. When done correctly, Zhejiang Mtcn's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Zhejiang Mtcn Technology.

Zhejiang Mtcn Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Zhejiang Mtcn and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Zhejiang and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Zhejiang Mtcn Technology does not affect the price movement of the other competitor.

	603019	600455	002149	600490	600764	600390	601388
603019		0.9	0.92	0.83	0.78	0.89	0.91	603019
600455	0.9		0.95	0.91	0.92	0.9	0.93	600455
002149	0.92	0.95		0.9	0.92	0.94	0.97	002149
600490	0.83	0.91	0.9		0.88	0.92	0.95	600490
600764	0.78	0.92	0.92	0.88		0.91	0.91	600764
600390	0.89	0.9	0.94	0.92	0.91		0.97	600390
601388	0.91	0.93	0.97	0.95	0.91	0.97		601388
	603019	600455	002149	600490	600764	600390	601388

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Zhejiang Stock performing well and Zhejiang Mtcn Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Zhejiang Mtcn's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
603019	3.53	1.19	0.34	2.11	2.55	(4.12)	9.99	(5.63)	17.07
600455	2.69	0.79	0.16	(1.66)	3.16	(3.05)	6.79	(5.46)	19.75
002149	2.51	0.52	0.13	(0.87)	2.27	(2.94)	6.50	(3.47)	15.58
600490	2.63	0.69	0.18	(1.16)	2.51	(3.25)	9.85	(3.75)	20.01
600764	2.61	0.56	0.11	(1.26)	2.80	(2.68)	6.13	(4.68)	17.66
600390	3.41	0.95	0.22	(2.52)	2.83	(4.15)	10.01	(5.11)	20.20
601388	2.03	0.39	0.08	(1.39)	2.34	(2.60)	3.86	(3.27)	19.26

Cross Equities Net Income Analysis

Compare Zhejiang Mtcn Technology and related stocks such as Dawning Information, ButOne Information Corp, and Western Metal Materials Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
603019	123.6 M	123.6 M	151.4 M	96.7 M	115.8 M	176.9 M	224.3 M	308.8 M	430.6 M	593.6 M	822.4 M	1.2 B	1.5 B	1.8 B	1.9 B
600455	10.5 M	14.9 M	16.3 M	10.5 M	6 M	3.2 M	(10 M)	4.4 M	3.2 M	17.5 M	28.9 M	35.5 M	26.8 M	28.4 M	14.2 M
002149	20.8 M	22.5 M	22.5 M	20.2 M	5.5 M	(132.3 M)	21.2 M	54.1 M	60.3 M	61.5 M	79.4 M	133.1 M	185.2 M	196.2 M	206 M
600490	11.8 M	127.8 M	127.8 M	98.8 M	75.3 M	19.6 M	51.5 M	301.2 M	198.4 M	310.8 M	462.8 M	74.4 M	(623 M)	(107.9 M)	(102.5 M)
600764	54 M	10.5 M	54.4 M	4.7 M	5.2 M	42 M	7.3 M	81.6 M	67.5 M	646.4 M	748 M	848.9 M	585 M	308.6 M	180.3 M
600390	33.1 M	2.3 M	2.3 M	9.9 M	1.7 B	1.7 B	1.6 B	2.5 B	2.2 B	2.7 B	3.8 B	3.4 B	2.5 B	2.3 B	1.3 B
601388	209.7 M	305.4 M	164.3 M	90 M	30.1 M	9.8 M	25.8 M	322.9 M	97.5 M	115.4 M	461.8 M	851.7 M	381.4 M	132.9 M	254.8 M

Zhejiang Mtcn Technology and related stocks such as Dawning Information, ButOne Information Corp, and Western Metal Materials Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Zhejiang Mtcn Technology financial statement analysis. It represents the amount of money remaining after all of Zhejiang Mtcn Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Zhejiang Mtcn Competitive Analysis

The better you understand Zhejiang Mtcn competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Zhejiang Mtcn's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Zhejiang Mtcn's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	003026	603019	600455	002149	600490	600764	600390	601388
	1.39 38.95 Zhejiang	3.74 84.80 Dawning	0.47 23.48 ButOne	0.25 16.16 Western	0.96 3.16 Pengxin	0.19 26.89 China	1.99 7.19 Minmetals	0.76 2.65 601388
Market Volatility (90 Days Market Risk)	Not too volatile	Very steady	Somewhat reliable	Not too volatile	Very risky	Not too volatile	Relatively risky	Risky
Market Performance (90 Days Performance)	OK	Strong	Solid	Good	Good	Good	Solid	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Very Small	Below Average	Very Small	Low	Low	Very Small	Very Small
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell
Net Asset	1.38 B	31.62 B	991.1 M	6.56 B	8.25 B	11.7 B	167.96 B	5.68 B
Profit Margin	(0) %	0.13 %	0.11 %	0.06 %	(0.04) %	0.1 %	0.22 %	0.01 %
EBITDA	93.36 M	1.78 B	68.21 M	346.89 M	47.02 M	434.26 M	4.85 B	297.9 M
Operating Margin	0.31 %	0.14 %	0.29 %	0.11 %	0.01 %	0.14 %	0.24 %	(0.01) %
Current Valuation	5.24 B	122.05 B	1.18 B	8.96 B	6.68 B	17.53 B	44.95 B	6.3 B
Price To Book	7.86 X	6.47 X	5.02 X	2.67 X	1.17 X	2.35 X	0.76 X	1.29 X
Retained Earnings	190.44 M	5.64 B	53.5 M	377.71 M	339.55 M	4.14 B	12.46 B	1.92 B
Beta	0.99	0.12	0.45	0.75	1.03	0.74	0.72	0.93
Number Of Employees	797	5.44 K	703	1.91 K	1.48 K	3.63 K	2.8 K	1.76 K
Shares Outstanding	130.23 M	1.46 B	62.46 M	488.21 M	2.21 B	710.63 M	4.5 B	2.2 B
Cash Flow From Operations	56.07 M	3.51 B	104.16 M	237.3 M	(60.33 M)	189.5 M	75.1 M	600.03 M
Annual Yield	N/A	N/A	N/A	0.02 %	N/A	N/A	N/A	N/A
Total Debt	50.46 M	160.11 M	603.17 M	1.07 B	827.9 M	435.87 M	52.6 B	364.72 M
Return On Equity	0.0177	0.099	0.11	0.0656	-0.0472	0.0452	0.0293	0.0196
Return On Asset	0.013	0.0225	0.0271	0.0155	-0.0187	0.0179	0.0116	0.0145
Book Value Per Share	8.90 X	13.11 X	4.67 X	6.04 X	2.71 X	11.42 X	9.50 X	2.05 X
Total Asset	1.38 B	31.62 B	991.1 M	6.56 B	8.25 B	11.7 B	167.96 B	5.68 B
Target Price	N/A	45.98	N/A	18.0	N/A	39.6	6.3	9.39
Last Dividend Paid	N/A	0.25	N/A	0.25	N/A	0.13	0.096	0.013
Shares Owned By Institutions	0.14 %	8.59 %	1.50 %	23.64 %	1.04 %	13.12 %	5.05 %	0.90 %
Market Capitalization	5.14 B	124.08 B	1.47 B	7.89 B	6.99 B	19.11 B	32.34 B	5.83 B
Price To Earnings To Growth	N/A	N/A	N/A	2.39 X	N/A	N/A	N/A	N/A
Price To Sales	12.45 X	8.48 X	5.21 X	2.55 X	1.56 X	5.42 X	4.68 X	0.87 X
Net Income	(34.07 M)	1.84 B	28.37 M	196.2 M	(107.86 M)	308.58 M	2.26 B	132.9 M
Earnings Per Share	0.06 X	1.26 X	0.51 X	0.37 X	(0.08) X	0.47 X	0.23 X	0.04 X
Shares Owned By Insiders	59.67 %	26.36 %	36.77 %	35.24 %	38.50 %	69.12 %	59.92 %	52.12 %
Revenue	348.5 M	14.35 B	262.89 M	3.23 B	5.37 B	3.59 B	9.78 B	6.8 B
Working Capital	293.95 M	9.94 B	(382.12 M)	1.88 B	532.16 M	6.44 B	14.11 B	2.29 B
Gross Profit	201.25 M	3.42 B	122.17 M	528.38 M	100.61 M	1.34 B	8.27 B	812.61 M
Day Typical Price	38.81	83.62	23.28	16.1	3.14	26.86	7.19	2.63
Accumulation Distribution	0.0449	0.0679	0.0277	0.0264	0.0528	0.0261	0.0555	0.0263
Market Facilitation Index	1.78	5.84	0.65	0.43	0.17	0.71	0.41	0.07
Daily Balance Of Power	(0.31)	0.524	0.1692	0.093	0.1765	0.0704	0.3415	0.2857
Period Momentum Indicator	(0.55)	3.06	0.11	0.04	0.03	0.05	0.14	0.02
Rate Of Daily Change	0.99	1.04	1.0	1.0	1.01	1.0	1.02	1.01
Day Median Price	38.74	83.03	23.18	16.08	3.14	26.85	7.19	2.63
Price Action Indicator	(0.07)	3.3	0.36	0.11	0.04	0.07	0.075	0.035
Relative Strength Index	58.89	81.38	57.2	60.18	57.33	50.91	60.93	58.32
Coefficient Of Variation	1004.86	345.01	493.66	679.99	590.59	678.64	511.03	778.46
Mean Deviation	3.29	3.53	2.69	2.51	2.63	2.61	3.41	2.03
Jensen Alpha	0.473	1.19	0.7889	0.5226	0.6889	0.5571	0.9473	0.3862
Total Risk Alpha	(0.29)	0.5317	0.1206	(0.07)	(0)	(0.08)	0.1239	(0.12)
Sortino Ratio	0.0733	0.3358	0.1634	0.1267	0.1767	0.1141	0.2207	0.0822
Downside Variance	14.06	11.52	13.7	6.7	7.79	10.99	12.3	7.56
Standard Deviation	4.14	4.41	3.67	3.17	3.73	3.5	4.66	2.83
Kurtosis	0.2043	(0.42)	1.36	(0.0009)	1.9	0.9454	0.4236	2.8
Potential Upside	8.64	9.99	6.79	6.5	9.85	6.13	10.01	3.86
Treynor Ratio	(0.73)	2.11	(1.66)	(0.87)	(1.16)	(1.26)	(2.52)	(1.39)
Maximum Drawdown	19.68	17.07	19.75	15.58	20.01	17.66	20.2	19.26
Variance	17.17	19.42	13.43	10.03	13.88	12.26	21.7	8.02
Market Risk Adjusted Performance	(0.72)	2.12	(1.65)	(0.86)	(1.15)	(1.25)	(2.51)	(1.38)
Risk Adjusted Performance	0.0842	0.2298	0.1628	0.12	0.1374	0.1205	0.1579	0.1055
Skewness	0.227	0.3986	(0.29)	0.4402	0.8611	0.4936	0.5098	0.051
Semi Deviation	3.63	2.55	3.16	2.27	2.51	2.8	2.83	2.34
Information Ratio	0.0663	0.2586	0.165	0.1036	0.1324	0.108	0.1661	0.0799
Value At Risk	(5.15)	(5.63)	(5.46)	(3.47)	(3.75)	(4.68)	(5.11)	(3.27)
Expected Short fall	(3.70)	(4.12)	(3.05)	(2.94)	(3.25)	(2.68)	(4.15)	(2.60)
Downside Deviation	3.75	3.39	3.7	2.59	2.79	3.32	3.51	2.75
Semi Variance	13.2	6.48	9.98	5.15	6.28	7.82	7.99	5.46

Zhejiang Mtcn Competition Performance Charts

Five steps to successful analysis of Zhejiang Mtcn Competition

Zhejiang Mtcn's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Zhejiang Mtcn Technology in relation to its competition. Zhejiang Mtcn's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Zhejiang Mtcn in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Zhejiang Mtcn's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Zhejiang Mtcn Technology, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Zhejiang Mtcn position

In addition to having Zhejiang Mtcn in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumption Theme or any other thematic opportunities.

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Other Information on Investing in Zhejiang Stock

Zhejiang Mtcn financial ratios help investors to determine whether Zhejiang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zhejiang with respect to the benefits of owning Zhejiang Mtcn security.

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Zhejiang Competitors

Specify up to 10 symbols:

Zhejiang Mtcn Competition Correlation Matrix

Risk-Adjusted Indicators

Cross Equities Net Income Analysis

Zhejiang Mtcn Technology and related stocks such as Dawning Information, ButOne Information Corp, and Western Metal Materials Net Income description

Zhejiang Mtcn Competitive Analysis

Zhejiang Mtcn Competition Performance Charts

Five steps to successful analysis of Zhejiang Mtcn Competition

Complement your Zhejiang Mtcn position

Did You Try This Idea?

Run Consumption Thematic Idea Now

Consumption

Other Information on Investing in Zhejiang Stock

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