Ningbo Kangqiang Financials
| 002119 Stock | 15.33 0.06 0.39% |
Operating Margin 0.0869 | PE Ratio 59.2308 | Profit Margin 0.0512 | Payout Ratio 0.1123 | Return On Equity 0.076 |
Ningbo | Select Account or Indicator |
Understanding current and past Ningbo Kangqiang Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ningbo Kangqiang's financial statements are interrelated, with each one affecting the others. For example, an increase in Ningbo Kangqiang's assets may result in an increase in income on the income statement.
Please note, the presentation of Ningbo Kangqiang'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, Ningbo Kangqiang's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ningbo Kangqiang's management manipulating its earnings.
Ningbo Kangqiang Stock Summary
Ningbo Kangqiang competes with GRINM Semiconductor, Kangxin New, King Strong, Guangzhou Tinci, and Western Metal. Ningbo Kangqiang is entity of China. It is traded as Stock on SHE exchange.Specialization | Information Technology, Semiconductors & Semiconductor Equipment |
| Instrument | China Stock View All |
| Exchange | Shenzhen Stock Exchange |
| ISIN | CNE000001R50 |
| Business Address | No988, Jinyuan Road, |
| Sector | Semiconductors & Semiconductor Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.kangqiang.com |
| Phone | 86 57 4568 09777 |
You should never invest in Ningbo Kangqiang without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ningbo Stock, because this is throwing your money away. Analyzing the key information contained in Ningbo Kangqiang's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ningbo Kangqiang Key Financial Ratios
Ningbo Kangqiang's financial ratios allow both analysts and investors to convert raw data from Ningbo Kangqiang's financial statements into concise, actionable information that can be used to evaluate the performance of Ningbo Kangqiang over time and compare it to other companies across industries.| Revenue | 1.78 B | ||||
| Gross Profit | 268.14 M | ||||
| EBITDA | 205.91 M | ||||
| Net Income | 80.58 M | ||||
| Total Asset | 2.32 B |
Ningbo Kangqiang Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.8B | 1.8B | 2.1B | 1.9B | 2.3B | 1.5B | |
| Other Current Liab | 6.1M | 1.4M | 2.6M | 47.5M | 2.4M | 2.3M | |
| Other Liab | 50.4M | 50.4M | 57.8M | 63.7M | 73.3M | 77.0M | |
| Net Debt | 502.4M | 410.0M | 342.6M | 166.7M | 503.9M | 330.7M | |
| Retained Earnings | 347.4M | 420.3M | 564.4M | 641.1M | 702.4M | 737.5M | |
| Accounts Payable | 158.2M | 198.9M | 304.8M | 137.7M | 211.5M | 190.1M | |
| Cash | 155.2M | 145.8M | 216.0M | 257.0M | 198.3M | 152.2M | |
| Other Assets | 0.0 | 98.0M | 1.0 | 97.8M | 1.15 | 1.09 | |
| Long Term Debt | 75.1M | 117.1M | 45.1M | 75.1M | 86.3M | 52.9M | |
| Net Receivables | 523.8M | 522.7M | 666.3M | 391.5M | 494.4M | 420.4M | |
| Inventory | 303.9M | 330.3M | 415.2M | 377.2M | 433.1M | 260.1M | |
| Other Current Assets | 1.3M | 5.1M | 2.3M | 8.5M | 21.5M | 22.6M | |
| Total Liab | 918.8M | 857.8M | 991.7M | 681.2M | 1.0B | 758.6M | |
| Total Current Assets | 989.2M | 1.0B | 1.3B | 1.1B | 1.1B | 842.7M | |
| Short Term Debt | 582.5M | 438.7M | 513.6M | 348.7M | 702.2M | 443.4M | |
| Intangible Assets | 73.9M | 73.1M | 68.2M | 62.0M | 60.3M | 76.5M | |
| Net Tangible Assets | 724.0M | 817.5M | 896.8M | 1.1B | 1.2B | 830.0M | |
| Short Long Term Debt | 570.5M | 413.6M | 421.4M | 283.6M | 537.1M | 377.5M | |
| Net Invested Capital | 1.5B | 1.5B | 1.6B | 1.6B | 1.8B | 1.7B | |
| Net Working Capital | 195.9M | 317.5M | 411.1M | 532.2M | 189.2M | 284.3M |
Ningbo Kangqiang 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 35.7M | 32.8M | 28.9M | 21.6M | 18.8M | 30.2M | |
| Total Revenue | 1.4B | 1.5B | 2.2B | 1.7B | 1.8B | 1.2B | |
| Gross Profit | 296.8M | 290.3M | 413.7M | 268.1M | 228.7M | 195.0M | |
| Operating Income | 149.2M | 130.9M | 197.8M | 109.2M | 80.0M | 60.2M | |
| Ebit | 149.2M | 130.9M | 197.8M | 109.2M | 117.3M | 98.4M | |
| Ebitda | 219.5M | 203.2M | 319.7M | 215.1M | 205.9M | 157.4M | |
| Cost Of Revenue | 1.1B | 1.3B | 1.8B | 1.4B | 1.6B | 1.0B | |
| Income Before Tax | 99.1M | 93.3M | 200.7M | 108.8M | 81.0M | 60.5M | |
| Net Income | 92.6M | 87.9M | 181.2M | 102.0M | 80.6M | 52.6M | |
| Income Tax Expense | 6.6M | 5.3M | 19.5M | 6.8M | 417.8K | 396.9K | |
| Research Development | 65.1M | 61.6M | 80.3M | 73.6M | 72.9M | 58.6M | |
| Tax Provision | 6.6M | 5.3M | 19.5M | 6.8M | 417.8K | 396.9K | |
| Net Interest Income | (35.1M) | (32.0M) | (28.8M) | (19.6M) | (14.2M) | (14.9M) | |
| Interest Income | 1.4M | 1.2M | 737.0K | 2.4M | 5.1M | 5.3M |
Ningbo Kangqiang Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Ningbo Kangqiang Ele. It measures of how well Ningbo 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 Ningbo Kangqiang 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 Ningbo 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 Ningbo Kangqiang 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 36.4M | 46.6M | 35.1M | 24.5M | 29.0M | 55.7M | |
| Net Income | 92.6M | 87.9M | 181.2M | 102.0M | 80.6M | 52.6M | |
| Dividends Paid | 37.0M | 38.6M | 35.2M | 37.8M | 29.9M | 36.8M | |
| Change To Inventory | (15.2M) | (29.1M) | (86.9M) | 27.5M | (67.7M) | (64.3M) | |
| Change In Cash | (4.9M) | 21.9M | 49.2M | 77.0M | (72.0M) | (68.4M) | |
| Net Borrowings | 101.8M | (101.7M) | 2.9M | (134.7M) | (121.2M) | (115.1M) | |
| Depreciation | 70.3M | 72.4M | 77.8M | 84.2M | 88.6M | 79.5M | |
| Change To Netincome | 32.4M | 40.4M | 42.7M | 2.9M | 2.6M | 2.5M | |
| End Period Cash Flow | 85.7M | 107.6M | 156.7M | 233.8M | 161.8M | 136.9M | |
| Free Cash Flow | (44.9M) | 113.8M | 77.3M | 272.9M | (21.2M) | (20.2M) | |
| Other Non Cash Items | 31.6M | 40.3M | 30.1M | 5.4M | 18.5M | 21.1M |
Ningbo Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ningbo Kangqiang's current stock value. Our valuation model uses many indicators to compare Ningbo Kangqiang value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ningbo Kangqiang competition to find correlations between indicators driving Ningbo Kangqiang's intrinsic value. More Info.Ningbo Kangqiang Electronics 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 0.32 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ningbo Kangqiang Electronics is roughly 3.10 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ningbo Kangqiang by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ningbo Kangqiang'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.Ningbo Kangqiang Ele Systematic Risk
Ningbo Kangqiang's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ningbo Kangqiang 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.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Ningbo Kangqiang Ele correlated with the market. If Beta is less than 0 Ningbo Kangqiang generally moves in the opposite direction as compared to the market. If Ningbo Kangqiang Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ningbo Kangqiang Ele is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ningbo Kangqiang is generally in the same direction as the market. If Beta > 1 Ningbo Kangqiang moves generally in the same direction as, but more than the movement of the benchmark.
Ningbo Kangqiang Electronics Total Assets Over Time
Ningbo Kangqiang December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ningbo Kangqiang help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ningbo Kangqiang Electronics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ningbo Kangqiang Electronics based on widely used predictive technical indicators. In general, we focus on analyzing Ningbo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ningbo Kangqiang's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.47 | |||
| Information Ratio | 0.1316 | |||
| Maximum Drawdown | 19.3 | |||
| Value At Risk | (5.31) | |||
| Potential Upside | 6.53 |
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When running Ningbo Kangqiang's price analysis, check to measure Ningbo Kangqiang'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 Ningbo Kangqiang is operating at the current time. Most of Ningbo Kangqiang's value examination focuses on studying past and present price action to predict the probability of Ningbo Kangqiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningbo Kangqiang's price. Additionally, you may evaluate how the addition of Ningbo Kangqiang to your portfolios can decrease your overall portfolio volatility.
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