Ningbo Competitors

601137 Stock

20.01 1.14 6.04%

Ningbo Boway Alloy competes with Shanghai Broadband, Anhui Huaheng, Sichuan Hebang, RoadMain T, and Liaoning Chengda; as well as few others. The company operates under Metals & Mining sector and is part of Materials industry. Analyzing Ningbo Boway 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 Ningbo Boway to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Ningbo Boway 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 Ningbo Boway competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
15.80	18.95	22.10

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Intrinsic

Valuation

Low	Real	High
14.93	18.08	21.23

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Earnings

Estimates (0)

Low	Projected EPS	High
0.17	0.18	0.20

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

Ningbo Boway Competition Correlation Matrix

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

	600608	688639	603077	603860	688739	300871	601111	002682
600608		0.18	0.57	0.45	0.41	0.82	0.78	0.79	600608
688639	0.18		0.61	0.58	0.91	0.56	0.37	0.37	688639
603077	0.57	0.61		0.68	0.79	0.86	0.83	0.79	603077
603860	0.45	0.58	0.68		0.73	0.7	0.39	0.47	603860
688739	0.41	0.91	0.79	0.73		0.76	0.56	0.53	688739
300871	0.82	0.56	0.86	0.7	0.76		0.82	0.91	300871
601111	0.78	0.37	0.83	0.39	0.56	0.82		0.83	601111
002682	0.79	0.37	0.79	0.47	0.53	0.91	0.83		002682
	600608	688639	603077	603860	688739	300871	601111	002682

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Ningbo Stock performing well and Ningbo Boway 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 Ningbo Boway'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
600608	2.27	0.47	0.14	3.37	2.43	(2.48)	5.04	(4.94)	10.17
688639	3.59	0.38	0.08	(1.49)	3.97	(4.32)	9.68	(5.43)	33.71
603077	2.10	0.35	0.12	(3.31)	2.27	(2.52)	5.39	(3.41)	18.14
603860	2.67	0.30	0.06	(0.27)	3.24	(2.77)	7.60	(4.51)	17.46
688739	1.69	0.26	0.09	(1.64)	2.08	(1.88)	4.31	(3.61)	20.04
300871	2.60	0.41	0.10	1.90	3.37	(2.80)	4.65	(5.17)	27.88
601111	1.82	0.38	0.15	7.66	1.91	(2.03)	5.35	(2.41)	13.48
002682	2.96	0.37	0.08	0.68	3.94	(2.97)	8.67	(6.43)	18.75

Cross Equities Net Income Analysis

Compare Ningbo Boway Alloy and related stocks such as Shanghai Broadband, Anhui Huaheng Biotec, and Sichuan Hebang Biote Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
600608	21.4 M	16.5 M	26.2 M	35 M	35 M	35 M	(23.8 M)	62.3 M	(2.5 M)	4.4 M	2.3 M	1.6 M	4 M	(22 M)	(20.9 M)
688639	126.4 M	126.4 M	126.4 M	126.4 M	126.4 M	126.4 M	126.4 M	126.4 M	126.4 M	126.4 M	121.1 M	168.2 M	320 M	449.1 M	260.7 M
603077	44.2 M	366.3 M	334.9 M	64.4 M	671.8 M	239.9 M	317.8 M	517.5 M	363.1 M	516.9 M	40.9 M	3 B	3.8 B	1.3 B	862.7 M
603860	53.9 M	53.9 M	53.9 M	53.9 M	53.9 M	53.9 M	53.9 M	46.9 M	47.8 M	55 M	35 M	37.8 M	38.4 M	51.6 M	36.7 M
688739	698.4 M	698.4 M	698.4 M	698.4 M	698.4 M	698.4 M	698.4 M	698.4 M	698.4 M	698.4 M	918.2 M	892.5 M	714 M	465.9 M	590.2 M
300871	88.4 M	88.4 M	88.4 M	88.4 M	88.4 M	88.4 M	88.4 M	88.4 M	71.4 M	68.8 M	150.2 M	132.9 M	52.7 M	16.8 M	15.9 M
601111	6.8 B	6.8 B	6.8 B	6.8 B	6.8 B	6.8 B	6.8 B	7.2 B	7.3 B	6.4 B	(14.4 B)	(16.6 B)	(38.6 B)	(1 B)	(1.1 B)
002682	67.9 M	189.3 M	108.3 M	72.3 M	20.6 M	44.8 M	50.3 M	167.2 M	167.3 M	122 M	(918 M)	13.2 M	(79.3 M)	(352.4 M)	(334.8 M)

Ningbo Boway Alloy and related stocks such as Shanghai Broadband, Anhui Huaheng Biotec, and Sichuan Hebang Biote Net Income description

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

Ningbo Boway Competitive Analysis

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

	601137	600608	688639	603077	603860	688739	300871	601111	002682
	6.04 20.01 Ningbo	2.57 3.59 Shanghai	0.45 32.95 Anhui	0.48 2.08 Sichuan	0.47 29.70 RoadMain	0.11 26.30 Liaoning	0.39 10.37 Wuhan	1.11 8.01 Air	1.87 4.35 Fujian
Market Volatility (90 Days Market Risk)	Not too volatile	Unstable	Not too volatile	Very risky	Not too volatile	Not too volatile	Somewhat reliable	Somewhat reliable	Relatively risky
Market Performance (90 Days Performance)	OK	OK	Very Weak	Modest	Weak	Very Weak	Very Weak	Modest	Insignificant
Odds of Financial Distress (Probability Of Bankruptcy)	Very Small	Low	Below Average	Low	Low	Very Small	Below Average	Below Average	Above Average
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Fairly Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Cautious Hold	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Sell	Strong Hold	Cautious Hold
Net Asset	16.35 B	156.54 M	3.97 B	24.54 B	909.05 M	10.08 B	2.98 B	335.3 B	6.71 B
Profit Margin	0.0722	-0.1	0.14	0.0528	0.18	0.19	-0.0408	-0.0029	-0.0904
EBITDA	2.54 B	503.05 K	482.93 M	1.61 B	55.37 M	506.9 M	150.08 M	12.71 B	94.65 M
Operating Margin	0.1	-0.0017	0.0615	0.0235	0.28	0.37	0.0266	0.0728	-0.012
Current Valuation	19.44 B	1.17 B	9.86 B	19.33 B	1.81 B	5.6 B	2.15 B	334.98 B	5.49 B
Price To Book	2.02	27.02	4.45	0.98	2.59	1.15	1.2	3.45	1.67
Retained Earnings	3.33 B	(780.82 M)	1.05 B	9.61 B	447.45 M	4.04 B	341.94 M	(30.5 B)	(490.43 M)
Beta	0.32	0.51	0.014	0.33	0.55	0.71	0.47	0.63	0.46
Number Of Employees	6.19 K	23	1.69 K	7.17 K	231	1.73 K	1.07 K	102.87 K	3.93 K
Shares Outstanding	781.89 M	328.86 M	249.72 M	8.83 B	66.68 M	416.45 M	165.77 M	12.49 B	562.37 M
Cash Flow From Operations	1.45 B	(21.47 M)	301.42 M	80.33 M	61.84 M	677.01 M	92.92 M	35.42 B	357.18 M
Annual Yield	N/A	N/A	0.0269	N/A	N/A	0.0298	0.0231	N/A	N/A
Total Debt	1.65 B	12.6 M	941.72 M	1.17 B	134.71 M	4.86 M	240.32 M	21.36 B	3.75 B
Return On Equity	0.2	-0.42	0.17	0.0231	0.0605	0.0346	-0.0312	-0.0523	-0.22
Return On Asset	0.0777	0.0021	0.0547	0.0139	0.0332	0.0239	-0.0029	-0.0017	-0.0122
Book Value Per Share	9.94	0.13	8.02	2.34	11.48	23.2	8.62	2.44	2.56
Total Asset	16.35 B	156.54 M	3.97 B	24.54 B	909.05 M	10.08 B	2.98 B	335.3 B	6.71 B
Target Price	23.15	N/A	69.07	6.0	N/A	40.0	17.89	7.05	N/A
Last Dividend Paid	0.45	N/A	0.62	N/A	N/A	0.8	0.27	N/A	N/A
Shares Owned By Institutions	9.73	N/A	16.83	2.71	0.37	2.14	3.84	6.0	4.9
Market Capitalization	16.35 B	1.19 B	8.23 B	18.28 B	2.01 B	10.95 B	1.72 B	142.03 B	2.45 B
Price To Earnings To Growth	N/A	N/A	N/A	N/A	N/A	N/A	N/A	7.11	N/A
Price To Sales	0.82	5.51	3.89	1.99	8.07	6.37	1.53	0.87	0.72
Net Income	1.12 B	(22.02 M)	449.06 M	1.28 B	51.57 M	465.92 M	16.78 M	(1.05 B)	(352.37 M)
Earnings Per Share	1.83	-0.07	1.3	0.06	0.67	0.81	-0.28	-0.03	-0.55
Shares Owned By Insiders	50.98	31.66	37.82	35.55	55.29	61.25	60.51	66.2	31.11
Revenue	17.76 B	171.03 M	1.94 B	8.82 B	260.54 M	1.75 B	1.02 B	141.1 B	3.72 B
Working Capital	4.19 B	49.39 M	(626.43 M)	6.18 B	333.2 M	6.89 B	484.9 M	(77.98 B)	(159.65 M)
Gross Profit	1.22 B	17.28 M	343.67 M	5.55 B	109.18 M	1.57 B	222.75 M	(29.92 B)	285.29 M
Day Typical Price	19.72	3.52	33.08	2.08	29.67	26.39	10.43	8.04	4.34
Accumulation Distribution	0.069	387203.0	29717.25	1.5 M	45960.89	21730.47	62553.73	550710.0	976810.0
Market Facilitation Index	1.4	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Daily Balance Of Power	0.8143	0.3462	(0.26)	(0.20)	0.175	0.0698	0.1333	(0.75)	0.4706
Period Momentum Indicator	1.14	0.09	(0.15)	(0.01)	0.14	0.03	0.04	(0.09)	0.08
Rate Of Daily Change	1.06	1.03	1.0	1.0	1.0	1.0	1.0	0.99	1.02
Day Median Price	19.58	3.48	33.15	2.09	29.65	26.44	10.46	8.05	4.34
Price Action Indicator	1.0	0.15	(0.27)	(0.01)	0.12	(0.12)	(0.07)	(0.09)	0.055
Coefficient Of Variation	540.38	591.47	1389.17	818.02	1365.42	1055.03	873.29	621.86	1005.16
Mean Deviation	2.43	2.27	3.59	2.1	2.67	1.69	2.6	1.82	2.96
Jensen Alpha	0.6027	0.4749	0.38	0.3509	0.299	0.2588	0.4075	0.3846	0.3663
Total Risk Alpha	0.4154	0.3228	0.0821	0.1875	0.0584	0.1014	0.2138	0.2523	0.1714
Sortino Ratio	0.2004	0.1422	0.0768	0.1211	0.0621	0.0876	0.0988	0.1528	0.0808
Downside Variance	7.52	9.48	18.01	6.27	11.88	5.68	14.3	5.05	18.52
Standard Deviation	3.26	2.9	5.27	2.92	3.65	2.77	3.73	2.47	4.03
Kurtosis	1.28	(0.49)	3.86	2.12	1.13	6.2	4.66	1.49	0.8566
Potential Upside	6.14	5.04	9.68	5.39	7.6	4.31	4.65	5.35	8.67
Treynor Ratio	(2.63)	3.37	(1.49)	(3.31)	(0.27)	(1.64)	1.9	7.66	0.6809
Maximum Drawdown	18.16	10.17	33.71	18.14	17.46	20.04	27.88	13.48	18.75
Variance	10.62	8.44	27.76	8.5	13.33	7.65	13.9	6.09	16.26
Market Risk Adjusted Performance	(2.62)	3.38	(1.48)	(3.30)	(0.26)	(1.63)	1.91	7.67	0.6909
Risk Adjusted Performance	0.1545	0.1415	0.0657	0.1043	0.066	0.0824	0.0988	0.1345	0.087
Skewness	0.4422	(0.17)	0.9436	0.6466	0.3919	1.18	(0.17)	0.1232	0.0272
Semi Deviation	2.25	2.43	3.97	2.27	3.24	2.08	3.37	1.91	3.94
Information Ratio	0.1687	0.1507	0.0619	0.104	0.0586	0.0755	0.1002	0.1392	0.0863
Value At Risk	(3.88)	(4.94)	(5.43)	(3.41)	(4.51)	(3.61)	(5.17)	(2.41)	(6.43)
Expected Short fall	(2.97)	(2.48)	(4.32)	(2.52)	(2.77)	(1.88)	(2.80)	(2.03)	(2.97)
Downside Deviation	2.74	3.08	4.24	2.5	3.45	2.38	3.78	2.25	4.3
Semi Variance	5.08	5.92	15.73	5.14	10.49	4.31	11.36	3.64	15.56

Ningbo Boway Competition Performance Charts

Five steps to successful analysis of Ningbo Boway Competition

Ningbo Boway'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 Ningbo Boway Alloy in relation to its competition. Ningbo Boway's competition analysis typically involves several steps, including:

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

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Ningbo Boway financial ratios help investors to determine whether Ningbo 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 Ningbo with respect to the benefits of owning Ningbo Boway security.

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Ningbo Competitors

Specify up to 10 symbols:

Ningbo Boway Competition Correlation Matrix

Risk-Adjusted Indicators

Cross Equities Net Income Analysis

Ningbo Boway Alloy and related stocks such as Shanghai Broadband, Anhui Huaheng Biotec, and Sichuan Hebang Biote Net Income description

Ningbo Boway Competitive Analysis

Ningbo Boway Competition Performance Charts

Five steps to successful analysis of Ningbo Boway Competition

Complement your Ningbo Boway position

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