Zhejiang Qianjiang Financials

000913 Stock   16.48  0.14  0.84%   
You can make use of fundamental analysis to find out if Zhejiang Qianjiang is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze twenty-nine available indicators for Zhejiang Qianjiang, which can be compared to its rivals. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Zhejiang Qianjiang to be traded at 16.15 in 90 days. Key indicators impacting Zhejiang Qianjiang's financial strength include:
Operating Margin
0.1172
PE Ratio
16.9485
Profit Margin
0.0879
Payout Ratio
1.0666
Return On Equity
0.1159
  
Understanding current and past Zhejiang Qianjiang Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zhejiang Qianjiang's financial statements are interrelated, with each one affecting the others. For example, an increase in Zhejiang Qianjiang's assets may result in an increase in income on the income statement.
Please note, the presentation of Zhejiang Qianjiang's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Zhejiang Qianjiang's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Zhejiang Qianjiang's management manipulating its earnings.

Zhejiang Qianjiang Stock Summary

Zhejiang Qianjiang competes with Changchun, Dymatic Chemicals, Kuangda Technology, Shandong Polymer, and Kangping Technology. Zhejiang Qianjiang is entity of China. It is traded as Stock on SHE exchange.
Specialization
Consumer Discretionary, Automobiles & Components
InstrumentChina Stock View All
ExchangeShenzhen Stock Exchange
ISINCNE000000YQ2
Business AddressNo 169 Jinping
SectorAutomobiles
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.qjmotor.com
Phone86 57 6861 39262
You should never invest in Zhejiang Qianjiang without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Zhejiang Stock, because this is throwing your money away. Analyzing the key information contained in Zhejiang Qianjiang's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Zhejiang Qianjiang Key Financial Ratios

Zhejiang Qianjiang's financial ratios allow both analysts and investors to convert raw data from Zhejiang Qianjiang's financial statements into concise, actionable information that can be used to evaluate the performance of Zhejiang Qianjiang over time and compare it to other companies across industries.

Zhejiang Qianjiang Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.7B4.6B5.1B6.7B8.5B8.9B
Other Current Liab213.8M335.4M352.4M33.0M16.0M15.2M
Retained Earnings772.9M812.9M1.1B1.2B1.5B1.6B
Accounts Payable1.6B1.3B1.5B2.2B2.3B2.5B
Cash1.2B1.1B1.5B2.8B4.6B4.8B
Other Assets120.1M158.1M141.2M208.3M239.6M251.5M
Long Term Debt13.6M457.0K11.8M10.3M9.0M6.1M
Net Receivables856.7M524.8M648.4M452.1M380.6M659.7M
Inventory865.9M927.0M1.1B1.3B1.2B842.2M
Other Current Assets85.3M152.4M66.4M80.9M26.1M24.8M
Total Liab2.0B1.9B2.1B3.2B4.0B4.2B
Intangible Assets121.8M122.9M129.0M363.0M350.1M367.6M
Other Liab128.2M138.1M97.0M436.3M392.6M238.0M
Net Tangible Assets2.6B2.6B2.9B3.1B3.6B2.7B
Total Current Assets3.2B3.1B3.3B4.7B6.3B3.6B
Short Long Term Debt30.5M3.0M1M13.1M11.8M11.9M
Net Invested Capital2.7B2.7B3.0B3.5B4.5B3.4B
Net Working Capital1.2B1.3B1.4B2.0B3.4B1.8B

Zhejiang Qianjiang Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense8.1M2.1M3.2M1.6M15.1M15.9M
Total Revenue3.8B3.6B4.3B5.6B5.1B3.8B
Operating Income302.6M394.6M325.9M389.2M324.1M163.2M
Cost Of Revenue2.9B2.6B3.2B4.1B3.7B3.0B
Income Before Tax229.4M278.6M250.2M475.7M507.5M532.9M
Net Income228.0M239.5M237.6M417.7M464.0M487.2M
Income Tax Expense57.7M81.8M18.5M78.5M90.2M46.2M
Minority Interest(24.6M)(61.9M)5.9M20.5M8.5M8.3M
Research Development155.4M165.8M215.9M316.1M324.2M192.1M
Gross Profit869.1M1.0B1.1B1.5B1.4B980.5M
Ebit114.9M336.7M325.9M389.2M447.6M470.0M
Tax Provision57.7M81.8M18.5M78.5M52.0M58.3M
Net Interest Income2.2M43.1M28.0M76.2M143.6M150.8M
Interest Income11.9M47.8M33.6M81.2M163.2M171.3M
Ebitda332.1M365.5M336.1M580.5M667.6M359.0M

Zhejiang Qianjiang Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Zhejiang Qianjiang. It measures of how well Zhejiang is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Zhejiang Qianjiang brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Zhejiang had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Zhejiang Qianjiang has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Capital Expenditures127.4M111.8M171.7M462.1M323.1M339.3M
Net Income228.0M239.5M237.6M417.7M464.0M487.2M
Change To Inventory308.3M(111.8M)(232.5M)(244.5M)(23.1M)(22.0M)
Investments253.7M147.9M(43.0M)67.9M458.6M481.6M
Change In Cash973.4M(21.8M)335.5M1.3B1.8B1.9B
Net Borrowings(11.8M)6.4M(4.6M)14.7M16.9M17.8M
Depreciation94.6M82.4M82.8M103.2M125.9M104.8M
Change To Netincome73.9M6.6M13.1M105.3M121.1M127.2M
End Period Cash Flow1.1B1.1B1.4B2.7B4.5B4.7B
Free Cash Flow205.7M391.3M35.8M578.6M267.9M199.1M
Other Non Cash Items8.4M10.9M31.1M(45.6M)13.3M14.0M

Zhejiang Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Zhejiang Qianjiang's current stock value. Our valuation model uses many indicators to compare Zhejiang Qianjiang value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zhejiang Qianjiang competition to find correlations between indicators driving Zhejiang Qianjiang's intrinsic value. More Info.
Zhejiang Qianjiang Motorcycle is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.25  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Zhejiang Qianjiang Motorcycle is roughly  4.01 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Zhejiang Qianjiang by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zhejiang Qianjiang's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Zhejiang Qianjiang Systematic Risk

Zhejiang Qianjiang's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zhejiang Qianjiang volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Zhejiang Qianjiang correlated with the market. If Beta is less than 0 Zhejiang Qianjiang generally moves in the opposite direction as compared to the market. If Zhejiang Qianjiang Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zhejiang Qianjiang is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zhejiang Qianjiang is generally in the same direction as the market. If Beta > 1 Zhejiang Qianjiang moves generally in the same direction as, but more than the movement of the benchmark.

Zhejiang Qianjiang Motorcycle Total Assets Over Time

Zhejiang Qianjiang Thematic Clasifications

Zhejiang Qianjiang Motorcycle is part of Cars investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Car makers, trucks manufacturing, auto dealerships, and auto parts. Domestic and international companies involved in manufacturing and serving automobiles and trucks
CarsView
This theme covers Car makers, trucks manufacturing, auto dealerships, and auto parts. Domestic and international companies involved in manufacturing and serving automobiles and trucks. Get More Thematic Ideas

Zhejiang Qianjiang November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Zhejiang Qianjiang help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zhejiang Qianjiang Motorcycle. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zhejiang Qianjiang Motorcycle based on widely used predictive technical indicators. In general, we focus on analyzing Zhejiang Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zhejiang Qianjiang's daily price indicators and compare them against related drivers.

Complementary Tools for Zhejiang Stock analysis

When running Zhejiang Qianjiang's price analysis, check to measure Zhejiang Qianjiang's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zhejiang Qianjiang is operating at the current time. Most of Zhejiang Qianjiang's value examination focuses on studying past and present price action to predict the probability of Zhejiang Qianjiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Qianjiang's price. Additionally, you may evaluate how the addition of Zhejiang Qianjiang to your portfolios can decrease your overall portfolio volatility.
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