Changshu Ruite Financials
| 300600 Stock | 7.24 0.11 1.54% |
Operating Margin (0.26) | Profit Margin (0.08) | Return On Equity (0.02) |
Changshu | Select Account or Indicator |
Understanding current and past Changshu Ruite Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Changshu Ruite's financial statements are interrelated, with each one affecting the others. For example, an increase in Changshu Ruite's assets may result in an increase in income on the income statement.
Please note, the presentation of Changshu Ruite'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, Changshu Ruite's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Changshu Ruite's management manipulating its earnings.
Changshu Ruite Stock Summary
Changshu Ruite competes with Cultural Investment, Gome Telecom, Bus Online, Holitech Technology, and Zotye Automobile. Changshu Ruite is entity of China. It is traded as Stock on SHE exchange.Specialization | Industrials, Electrical Equipment & Parts |
| Instrument | China Stock View All |
| Exchange | Shenzhen Stock Exchange |
| ISIN | CNE100002ML3 |
| Business Address | No 2, Qingdao |
| Sector | Electrical Equipment |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.cn-grkj.com |
| Phone | 86 51 2523 45677 |
You should never invest in Changshu Ruite without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Changshu Stock, because this is throwing your money away. Analyzing the key information contained in Changshu Ruite's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Changshu Ruite Key Financial Ratios
Changshu Ruite's financial ratios allow both analysts and investors to convert raw data from Changshu Ruite's financial statements into concise, actionable information that can be used to evaluate the performance of Changshu Ruite over time and compare it to other companies across industries.| Revenue | 196.17 M | ||||
| Gross Profit | 96.71 M | ||||
| EBITDA | (25.76 M) | ||||
| Net Income | (23.13 M) | ||||
| Total Asset | 1.17 B |
Changshu Ruite Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.0B | 1.8B | 1.3B | 1.2B | 1.2B | 1.5B | |
| Other Current Liab | 83.8M | 279.1M | 87.7M | 66.6M | 7.0M | 6.7M | |
| Other Liab | 1.6M | 1.3M | 1.0M | 768.0K | 691.2K | 1.3M | |
| Net Tangible Assets | 1.1B | 1.1B | 815.5M | 816.1M | 938.5M | 971.8M | |
| Retained Earnings | 485.1M | 536.6M | 253.8M | 253.3M | 158.4M | 286.6M | |
| Accounts Payable | 389.0M | 158.5M | 132.6M | 101.2M | 71.7M | 124.1M | |
| Cash | 281.2M | 204.5M | 107.7M | 146.3M | 201.0M | 177.8M | |
| Other Assets | 26.4M | 28.2M | 90.7M | 101.2M | 116.4M | 69.0M | |
| Net Receivables | 947.5M | 414.0M | 465.3M | 376.8M | 310.0M | 440.2M | |
| Inventory | 208.6M | 288.5M | 190.5M | 184.7M | 202.7M | 217.4M | |
| Other Current Assets | 155.5M | 105.1M | 38.0M | 25.2M | 509.5K | 484.1K | |
| Total Liab | 915.9M | 650.1M | 408.6M | 346.4M | 215.7M | 426.1M | |
| Total Current Assets | 1.6B | 1.4B | 801.4M | 788.1M | 768.7M | 1.0B | |
| Intangible Assets | 51.3M | 51.4M | 49.7M | 48.1M | 46.7M | 53.4M | |
| Common Stock | 168.7M | 303.6M | 296.8M | 294.2M | 338.4M | 240.8M | |
| Net Invested Capital | 1.3B | 1.4B | 1.0B | 1.0B | 1.0B | 886.4M | |
| Net Working Capital | 678.5M | 735.8M | 393.8M | 442.5M | 553.5M | 462.8M |
Changshu Ruite 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) | ||
| Tax Provision | 17.3M | 12.9M | (48.1M) | (834.0K) | (4.8M) | (4.6M) | |
| Net Interest Income | (5.4M) | (18.5M) | (7.8M) | (6.6M) | (2.2M) | (2.3M) | |
| Interest Income | 1.4M | 923.1K | 3.8M | 969.4K | 1.9M | 2.2M | |
| Interest Expense | 6.5M | 19.1M | 11.5M | 7.4M | 3.9M | 6.7M | |
| Total Revenue | 486.1M | 570.3M | 220.1M | 274.4M | 196.2M | 301.9M | |
| Gross Profit | 216.4M | 180.4M | 54.1M | 97.2M | 67.4M | 127.4M | |
| Operating Income | 112.8M | 106.9M | (38.4M) | 6.9M | (20.6M) | (19.5M) | |
| Ebit | 77.1M | 86.4M | (38.4M) | (4.2M) | (3.8M) | (3.6M) | |
| Research Development | 24.3M | 16.4M | 15.0M | 21.9M | 16.4M | 18.2M | |
| Cost Of Revenue | 269.7M | 389.8M | 166.0M | 177.2M | 128.8M | 174.5M | |
| Income Before Tax | 103.5M | 81.0M | (317.3M) | (2.6M) | (30.2M) | (28.6M) | |
| Net Income | 86.2M | 68.2M | (268.1M) | (465.3K) | (23.1M) | (22.0M) | |
| Income Tax Expense | 17.3M | 12.9M | (48.1M) | (834.0K) | (750.6K) | (713.1K) | |
| Ebitda | 138.4M | 130.4M | (275.9M) | 35.6M | 32.0M | 42.4M |
Changshu Ruite Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Changshu Ruite Electric. It measures of how well Changshu 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 Changshu Ruite 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 Changshu 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 Changshu Ruite 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) | ||
| Change To Inventory | (27.4M) | (79.9M) | (431.2K) | 5.3M | (18.2M) | (19.1M) | |
| Change In Cash | (87.7M) | (64.4M) | (116.1M) | 53.9M | 57.8M | 60.7M | |
| Depreciation | 28.5M | 30.3M | 29.9M | 32.6M | 27.9M | 27.4M | |
| Dividends Paid | 30.8M | 31.1M | 25.0M | 7.4M | 4.0M | 3.8M | |
| Capital Expenditures | 34.1M | 39.7M | 24.8M | 11.1M | 7.8M | 7.4M | |
| Net Income | 86.2M | 68.2M | (268.1M) | (465.3K) | (23.1M) | (22.0M) | |
| End Period Cash Flow | 263.1M | 198.7M | 82.6M | 136.5M | 194.3M | 169.5M | |
| Change To Netincome | 15.2M | 28.9M | 281.3M | 6.4M | 7.4M | 7.0M | |
| Free Cash Flow | (185.2M) | (72.0M) | (85.0M) | 25.0M | 18.4M | 19.4M | |
| Other Non Cash Items | 6.5M | 19.1M | 11.8M | 7.6M | 3.5M | 3.3M |
Changshu Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Changshu Ruite's current stock value. Our valuation model uses many indicators to compare Changshu Ruite value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Changshu Ruite competition to find correlations between indicators driving Changshu Ruite's intrinsic value. More Info.Changshu Ruite Electric 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Changshu Ruite by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Changshu Ruite'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.Changshu Ruite Electric Systematic Risk
Changshu Ruite's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Changshu Ruite 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Changshu Ruite Electric correlated with the market. If Beta is less than 0 Changshu Ruite generally moves in the opposite direction as compared to the market. If Changshu Ruite Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Changshu Ruite Electric is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Changshu Ruite is generally in the same direction as the market. If Beta > 1 Changshu Ruite moves generally in the same direction as, but more than the movement of the benchmark.
Changshu Ruite Electric Total Assets Over Time
Changshu Ruite November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Changshu Ruite help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Changshu Ruite Electric. We use our internally-developed statistical techniques to arrive at the intrinsic value of Changshu Ruite Electric based on widely used predictive technical indicators. In general, we focus on analyzing Changshu Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Changshu Ruite's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.34 | |||
| Information Ratio | 0.0861 | |||
| Maximum Drawdown | 20.86 | |||
| Value At Risk | (5.09) | |||
| Potential Upside | 3.88 |
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When running Changshu Ruite's price analysis, check to measure Changshu Ruite'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 Changshu Ruite is operating at the current time. Most of Changshu Ruite's value examination focuses on studying past and present price action to predict the probability of Changshu Ruite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changshu Ruite's price. Additionally, you may evaluate how the addition of Changshu Ruite to your portfolios can decrease your overall portfolio volatility.
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