Changchun Competitors

600742 Stock

9.68 0.07 0.72%

Changchun Faway Auto competes with Miracll Chemicals, Guangzhou KingTeller, Nantong Jiangshan, Shanghai Jinfeng, and HeBei Jinniu; as well as few others. The company operates under Automobile Components sector and is part of Consumer Discretionary industry. Analyzing Changchun Faway 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 Changchun Faway to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Changchun Faway 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 Changchun Faway competition on your existing holdings.

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
7.09	9.47	11.85

Details

Intrinsic

Valuation

Low	Real	High
5.30	7.68	10.06

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Changchun Faway. Your research has to be compared to or analyzed against Changchun Faway's peers to derive any actionable benefits. When done correctly, Changchun Faway'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 Changchun Faway Auto.

Changchun Faway Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Changchun Faway 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 Changchun 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 Changchun Faway Auto does not affect the price movement of the other competitor.

	300848	002177	600389	600616	600722	600365	000596
300848		0.93	0.85	0.88	0.91	0.85	0.82	300848
002177	0.93		0.87	0.92	0.93	0.87	0.85	002177
600389	0.85	0.87		0.88	0.91	0.91	0.75	600389
600616	0.88	0.92	0.88		0.96	0.82	0.8	600616
600722	0.91	0.93	0.91	0.96		0.85	0.8	600722
600365	0.85	0.87	0.91	0.82	0.85		0.66	600365
000596	0.82	0.85	0.75	0.8	0.8	0.66		000596
	300848	002177	600389	600616	600722	600365	000596

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Changchun Stock performing well and Changchun Faway 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 Changchun Faway'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
300848	2.91	0.58	0.10	(0.81)	3.42	(3.47)	7.91	(4.45)	26.85
002177	3.14	0.51	0.10	1.69	4.03	(3.20)	8.64	(6.63)	20.03
600389	2.08	0.49	0.12	(0.72)	2.12	(2.35)	5.23	(3.42)	17.11
600616	2.06	0.36	0.10	2.35	2.39	(2.32)	5.54	(3.64)	18.02
600722	1.83	0.54	0.16	(1.89)	2.15	(2.13)	4.37	(2.81)	18.79
600365	2.10	0.32	0.07	(114.83)	2.38	(2.50)	4.96	(4.90)	10.26
000596	2.77	0.15	0.00	(0.38)	2.96	(3.39)	9.98	(4.36)	20.00

Cross Equities Net Income Analysis

Compare Changchun Faway Auto and related stocks such as Miracll Chemicals, Guangzhou KingTeller, and Nantong Jiangshan Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
300848	27.2 M	27.2 M	27.2 M	27.2 M	27.2 M	27.2 M	27.2 M	44.4 M	55.4 M	83.4 M	102 M	119.1 M	111.3 M	87.9 M	86.7 M
002177	34.8 M	178.8 M	124.1 M	124.4 M	132 M	69.4 M	23.2 M	13.8 M	(94.8 M)	67.3 M	71.8 M	(61.8 M)	54.2 M	15.4 M	14.7 M
600389	31.4 M	5.1 M	33.3 M	302.8 M	201.8 M	10.6 M	52.4 M	249 M	392.1 M	300.1 M	334.9 M	816.5 M	1.8 B	283 M	267 M
600616	26.5 M	141 M	103.3 M	116.9 M	71.4 M	77.6 M	67.3 M	55.2 M	(68.9 M)	29.4 M	12.2 M	(12.8 M)	5.2 M	104.5 M	65.1 M
600722	104.2 M	77.9 M	77.9 M	244.4 M	244.4 M	244.4 M	25.9 M	34.4 M	58.4 M	31.3 M	9.9 M	48.1 M	49.5 M	33.6 M	31.9 M
600365	20 M	3.9 M	13.1 M	9.9 M	2.2 M	2.5 M	2.1 M	6.1 M	4.2 M	(31.3 M)	(67.9 M)	3.8 M	(51.7 M)	(72.8 M)	(69.2 M)
000596	715.6 M	715.6 M	715.6 M	715.6 M	715.6 M	715.6 M	829.6 M	1.1 B	1.7 B	2.1 B	1.9 B	2.3 B	3.1 B	4.6 B	4.8 B

Changchun Faway Auto and related stocks such as Miracll Chemicals, Guangzhou KingTeller, and Nantong Jiangshan Net Income description

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

Changchun Faway Competitive Analysis

The better you understand Changchun Faway competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Changchun Faway'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 Changchun Faway'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

	600742	300848	002177	600389	600616	600722	600365	000596
	0.72 9.68 Changchun	1.23 18.93 Miracll	1.67 4.72 Guangzhou	0.90 15.62 Nantong	4.91 5.81 Shanghai	2.17 5.17 HeBei	0.35 2.83 Tonghua	0.05 186.91 Anhui
Market Volatility (90 Days Market Risk)	Somewhat reliable	Somewhat reliable	Relatively risky	Somewhat reliable	Slightly risky	Slightly risky	Unstable	Very steady
Market Performance (90 Days Performance)	Solid	Good	Good	OK	Good	Solid	OK	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Very Small	Very Small	Low	Very Small	Average	Very Small	Low	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	Sell	Strong Sell	Strong Hold	Strong Sell	Strong Sell	Strong Sell
Net Asset	22.32 B	3.35 B	1.73 B	6.68 B	2.32 B	1.43 B	894.74 M	35.42 B
Profit Margin	0.02 %	0.04 %	0.77 %	0.03 %	(0.08) %	0.09 %	(0.04) %	0.24 %
EBITDA	997.03 M	69.81 M	16.08 M	346.43 M	(23.89 M)	86.21 M	42.8 M	7.74 B
Operating Margin	0.03 %	0.06 %	0.03 %	0.01 %	(0.01) %	0.16 %	0.01 %	0.32 %
Current Valuation	666.52 M	8.51 B	3.19 B	5.61 B	3.07 B	2.4 B	1.2 B	71.96 B
Price To Book	0.85 X	6.06 X	2.11 X	1.79 X	2.01 X	2.97 X	3.97 X	4.13 X
Retained Earnings	5.16 B	471.76 M	811.2 M	2.41 B	879.13 M	(1.27 B)	(481.66 M)	14.5 B
Beta	0.57	0.45	1.04	0.6	1.02	0.61	0.33	0.99
Number Of Employees	14.7 K	564	199	2.17 K	N/A	185	543	12.97 K
Shares Outstanding	743.06 M	414.19 M	761.19 M	430.65 M	669 M	680.32 M	427.4 M	408.6 M
Cash Flow From Operations	2.12 B	230.23 M	25 M	770.02 M	(3.23 M)	162.31 M	(445.95 M)	4.5 B
Annual Yield	N/A	0.01 %	0 %	N/A	N/A	N/A	N/A	0.02 %
Total Debt	95.26 M	709.13 M	33.41 M	27.82 M	645.56 K	138.87 M	19.3 M	13.01 B
Return On Equity	0.0725	0.0445	0.0377	0.053	-0.022	0.0655	-0.11	0.25
Return On Asset	0.0108	0.0074	3.0E-4	0.0099	-0.0183	0.0297	0.0218	0.13
Book Value Per Share	11.37 X	3.12 X	2.23 X	8.74 X	2.60 X	1.75 X	0.71 X	45.20 X
Total Asset	22.32 B	3.35 B	1.73 B	6.68 B	2.32 B	1.43 B	894.74 M	35.42 B
Target Price	21.0	15.0	18.14	24.0	6.9	N/A	N/A	225.11
Last Dividend Paid	0.25	0.077	0.01	N/A	0.05	N/A	N/A	4.5
Shares Owned By Institutions	0.90 %	2.90 %	1.30 %	7.54 %	1.50 %	0.01 %	N/A	19.63 %
Market Capitalization	6.98 B	7.61 B	3.55 B	6.6 B	3.96 B	3.34 B	1.2 B	89.98 B
Price To Earnings To Growth	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.91 X
Price To Sales	0.35 X	4.78 X	43.83 X	1.14 X	6.99 X	6.55 X	1.39 X	3.85 X
Net Income	520.53 M	87.86 M	15.45 M	282.95 M	104.54 M	33.58 M	(72.84 M)	4.59 B
Earnings Per Share	0.66 X	0.16 X	0.02 X	0.46 X	(0.06) X	0.06 X	(0.08) X	10.45 X
Shares Owned By Insiders	45.25 %	76.20 %	20.40 %	40.86 %	42.30 %	59.03 %	31.65 %	66.42 %
Revenue	20.77 B	1.48 B	70.06 M	5.09 B	572.81 M	511.35 M	858.96 M	20.25 B
Working Capital	2.73 B	510.53 M	483.78 M	1.29 B	1.45 B	933.97 M	128.3 M	13.1 B
Gross Profit	1.98 B	200.3 M	47.97 M	2.63 B	267.09 M	134.06 M	144.66 M	9.89 B
Day Typical Price	9.71	18.82	4.71	15.53	5.94	5.12	2.83	186.65
Accumulation Distribution	0.0334	0.0351	0.0598	0.0242	0.0769	0.0664	0.0347	0.0262
Market Facilitation Index	0.33	0.67	0.29	0.38	0.48	0.35	0.1	4.95
Daily Balance Of Power	(0.21)	0.3433	(0.28)	0.3684	(0.62)	0.3143	(0.10)	(0.02)
Period Momentum Indicator	(0.07)	0.23	(0.08)	0.14	(0.30)	0.11	(0.01)	(0.09)
Rate Of Daily Change	0.99	1.01	0.98	1.01	0.95	1.02	1.0	1.0
Day Median Price	9.73	18.77	4.71	15.49	6.0	5.1	2.83	186.52
Price Action Indicator	(0.08)	0.28	(0.03)	0.2	(0.34)	0.13	(0.01)	0.35
Coefficient Of Variation	629.11	829.18	744.34	643.7	736.8	519.46	822.03	3112.34
Mean Deviation	1.74	2.91	3.14	2.08	2.06	1.83	2.1	2.77
Jensen Alpha	0.3929	0.5775	0.5137	0.4933	0.359	0.5412	0.3218	0.1495
Total Risk Alpha	(0)	(0.16)	(0.1)	(0.01)	(0.07)	0.0906	(0.10)	(0.49)
Sortino Ratio	0.1027	0.1009	0.0962	0.1208	0.0952	0.1606	0.0734	(0)
Downside Variance	5.31	14.6	20.35	6.36	7.43	5.92	7.64	9.41
Standard Deviation	2.3	4.26	4.19	2.79	2.86	2.7	2.73	3.86
Kurtosis	0.8122	4.59	0.5792	1.43	2.26	5.19	(0.42)	1.63
Potential Upside	3.88	7.91	8.64	5.23	5.54	4.37	4.96	9.98
Treynor Ratio	(1.12)	(0.81)	1.69	(0.72)	2.35	(1.89)	(114.83)	(0.38)
Maximum Drawdown	12.33	26.85	20.03	17.11	18.02	18.79	10.26	20.0
Variance	5.28	18.16	17.52	7.78	8.18	7.27	7.43	14.93
Market Risk Adjusted Performance	(1.11)	(0.80)	1.7	(0.71)	2.36	(1.88)	(114.82)	(0.37)
Risk Adjusted Performance	0.1282	0.1004	0.1109	0.126	0.1111	0.1543	0.1002	0.0326
Skewness	0.0592	0.1428	(0.15)	0.1873	(0.11)	0.2653	(0.07)	0.8824
Semi Deviation	1.91	3.42	4.03	2.12	2.39	2.15	2.38	2.96
Information Ratio	0.103	0.0904	0.1036	0.1092	0.0907	0.1448	0.0744	(0)
Value At Risk	(3.15)	(4.45)	(6.63)	(3.42)	(3.64)	(2.81)	(4.90)	(4.36)
Expected Short fall	(1.90)	(3.47)	(3.20)	(2.35)	(2.32)	(2.13)	(2.50)	(3.39)
Downside Deviation	2.31	3.82	4.51	2.52	2.73	2.43	2.76	3.07
Semi Variance	3.66	11.71	16.27	4.51	5.73	4.62	5.68	8.79

Changchun Faway Competition Performance Charts

Five steps to successful analysis of Changchun Faway Competition

Changchun Faway'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 Changchun Faway Auto in relation to its competition. Changchun Faway's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Changchun Faway 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 Changchun Faway's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Changchun Faway Auto, 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 Changchun Faway position

In addition to having Changchun Faway 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.

Did You Try This Idea?

Run Broad Equity ETFs Thematic Idea Now

Broad Equity ETFs

ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Equity ETFs theme has 479 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 Broad Equity ETFs Theme or any other thematic opportunities.

View All Next

Launch

Other Information on Investing in Changchun Stock

Changchun Faway financial ratios help investors to determine whether Changchun 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 Changchun with respect to the benefits of owning Changchun Faway security.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Changchun Competitors

Specify up to 10 symbols:

Changchun Faway Competition Correlation Matrix

Risk-Adjusted Indicators

Cross Equities Net Income Analysis

Changchun Faway Auto and related stocks such as Miracll Chemicals, Guangzhou KingTeller, and Nantong Jiangshan Net Income description

Changchun Faway Competitive Analysis

Changchun Faway Competition Performance Charts

Five steps to successful analysis of Changchun Faway Competition

Complement your Changchun Faway position

Did You Try This Idea?

Run Broad Equity ETFs Thematic Idea Now

Broad Equity ETFs

Other Information on Investing in Changchun Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY