Zhejiang Zhengguang Financials
| 301092 Stock | 24.96 0.46 1.88% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 134.3 M | 95.3 M |
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Zhejiang | Select Account or Indicator |
Understanding current and past Zhejiang Zhengguang Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zhejiang Zhengguang's financial statements are interrelated, with each one affecting the others. For example, an increase in Zhejiang Zhengguang's assets may result in an increase in income on the income statement.
Please note, the presentation of Zhejiang Zhengguang'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 Zhengguang's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Zhejiang Zhengguang's management manipulating its earnings.
Zhejiang Zhengguang Stock Summary
Zhejiang Zhengguang competes with Zijin Mining, Baoshan Iron, Rongsheng Petrochemical, and Hoshine Silicon. Zhejiang Zhengguang is entity of China. It is traded as Stock on SHE exchange.Specialization | Basic Materials, Materials |
| Instrument | China Stock View All |
| Exchange | Shenzhen Stock Exchange |
| ISIN | CNE100004YG4 |
| Business Address | Meiya Building, Hangzhou, |
| Sector | Chemicals |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.chinaresin.com |
| Phone | 86 57 1863 72141 |
You should never invest in Zhejiang Zhengguang 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 Zhengguang's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Zhejiang Zhengguang Key Financial Ratios
Zhejiang Zhengguang's financial ratios allow both analysts and investors to convert raw data from Zhejiang Zhengguang's financial statements into concise, actionable information that can be used to evaluate the performance of Zhejiang Zhengguang over time and compare it to other companies across industries.| Revenue | 526.2 M | |||
| Gross Profit | 260.58 M | |||
| EBITDA | 100.46 M | |||
| Net Income | 108.79 M | |||
| Total Asset | 2.04 B |
Zhejiang Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Zhejiang Zhengguang's current stock value. Our valuation model uses many indicators to compare Zhejiang Zhengguang value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zhejiang Zhengguang competition to find correlations between indicators driving Zhejiang Zhengguang's intrinsic value. More Info.Zhejiang Zhengguang Industrial is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Zhejiang Zhengguang Industrial is roughly 2.13 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Zhejiang Zhengguang by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zhejiang Zhengguang'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 Zhengguang Systematic Risk
Zhejiang Zhengguang's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zhejiang Zhengguang 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 Zhejiang Zhengguang correlated with the market. If Beta is less than 0 Zhejiang Zhengguang generally moves in the opposite direction as compared to the market. If Zhejiang Zhengguang Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zhejiang Zhengguang is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zhejiang Zhengguang is generally in the same direction as the market. If Beta > 1 Zhejiang Zhengguang moves generally in the same direction as, but more than the movement of the benchmark.
Zhejiang Zhengguang Industrial Total Assets Over Time
Zhejiang Zhengguang December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Zhejiang Zhengguang help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zhejiang Zhengguang Industrial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zhejiang Zhengguang Industrial 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 Zhengguang's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.22 | |||
| Information Ratio | 0.0487 | |||
| Maximum Drawdown | 23.44 | |||
| Value At Risk | (4.16) | |||
| Potential Upside | 4.56 |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Zhengguang's price analysis, check to measure Zhejiang Zhengguang'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 Zhengguang is operating at the current time. Most of Zhejiang Zhengguang's value examination focuses on studying past and present price action to predict the probability of Zhejiang Zhengguang'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 Zhengguang's price. Additionally, you may evaluate how the addition of Zhejiang Zhengguang to your portfolios can decrease your overall portfolio volatility.
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