Zhejiang Zhengguang Financials
| 301092 Stock | 23.17 0.05 0.22% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 134.3 M | 109.6 M |
|
|
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 Xilong Chemical, Jinsanjiang Silicon, Shandong Polymer, Nantong JiangTian, and Shandong Rike. 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 | 164.78 M | ||||
| EBITDA | 100.46 M | ||||
| Net Income | 108.79 M | ||||
| Total Asset | 2.04 B |
Zhejiang Zhengguang Key Balance Sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 492.9M | 1.6B | 1.8B | 2.0B | 2.3B | 1.4B | |
| Other Current Liab | 2.1M | 2.3M | 549.8K | 961.9K | 865.7K | 822.5K | |
| Retained Earnings | 223.9M | 297.5M | 434.0M | 526.8M | 605.8M | 349.9M | |
| Accounts Payable | 55.5M | 46.1M | 54.3M | 131.0M | 150.7M | 158.2M | |
| Cash | 85.4M | 818.8M | 819.0M | 797.5M | 917.2M | 560.4M | |
| Net Receivables | 76.9M | 63.9M | 86.2M | 95.4M | 109.8M | 86.7M | |
| Inventory | 101.6M | 113.0M | 113.3M | 118.5M | 136.3M | 119.9M | |
| Other Current Assets | 4.5M | 11.0M | 5.6M | 16.6M | 19.1M | 20.1M | |
| Total Liab | 122.3M | 100.3M | 135.0M | 220.1M | 253.1M | 161.6M | |
| Net Invested Capital | 379.1M | 1.6B | 1.7B | 1.9B | 2.1B | 1.3B | |
| Short Long Term Debt | 8.5M | 19.3M | 12.4M | 5.1M | 4.6M | 4.4M | |
| Total Current Assets | 319.4M | 1.5B | 1.6B | 1.6B | 1.8B | 1.1B | |
| Net Working Capital | 208.1M | 1.4B | 1.5B | 1.4B | 1.6B | 988.3M | |
| Intangible Assets | 9.7M | 9.5M | 39.6M | 50.9M | 58.6M | 61.5M |
Zhejiang Zhengguang 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.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Tax Provision | 25.6M | 10.7M | 39.9M | 20.2M | 23.2M | 23.8M | |
| Net Interest Income | (1.3M) | 2.9M | 4.9M | 17.9M | 20.6M | 21.6M | |
| Interest Income | 287.6K | 3.4M | 5.2M | 18.5M | 21.3M | 22.4M | |
| Interest Expense | 1.4M | 313.3K | 200.6K | 486.8K | 438.2K | 416.3K | |
| Total Revenue | 494.4M | 451.3M | 676.0M | 526.2M | 605.1M | 568.4M | |
| Gross Profit | 209.2M | 147.6M | 260.6M | 177.6M | 204.3M | 212.3M | |
| Operating Income | 156.4M | 82.8M | 185.8M | 95.3M | 109.6M | 134.3M | |
| Research Development | 16.4M | 17.7M | 23.2M | 26.1M | 30.0M | 22.1M | |
| Cost Of Revenue | 285.2M | 303.8M | 415.5M | 348.6M | 400.8M | 356.0M | |
| Income Before Tax | 153.1M | 84.3M | 217.7M | 129.0M | 148.3M | 146.6M | |
| Net Income | 127.4M | 73.7M | 177.8M | 108.8M | 125.1M | 122.8M |
Zhejiang Zhengguang Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Zhejiang Zhengguang. 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 Zhengguang 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 Zhengguang 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.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (9.2M) | (14.6M) | (4.0M) | (7.1M) | (6.4M) | (6.8M) | |
| Investments | (7.1M) | (461.2M) | (68.7M) | (572.2M) | (515.0M) | (489.2M) | |
| Change In Cash | 48.0M | 696.1M | (13.3M) | (474.6M) | (427.2M) | (405.8M) | |
| Free Cash Flow | 87.1M | 31.2M | (33.4M) | (100.4M) | (90.4M) | (85.8M) | |
| Change In Working Capital | (2.3M) | (37.8M) | 8.5M | (21.2M) | (19.1M) | (18.1M) | |
| Begin Period Cash Flow | 24.1M | 72.2M | 768.3M | 754.9M | 868.2M | 911.6M | |
| Depreciation | 19.0M | 17.2M | 13.4M | 15.3M | 13.8M | 13.4M | |
| Other Non Cash Items | 2.5M | 1.4M | (5.0M) | (10.6M) | (9.6M) | (9.1M) | |
| Dividends Paid | 1.5M | 301.0K | 16.2M | 16.5M | 14.8M | 22.0M | |
| Capital Expenditures | 15.4M | 19.1M | 110.2M | 186.7M | 214.7M | 225.5M | |
| Total Cash From Operating Activities | 102.4M | 50.3M | 76.8M | 86.3M | 77.7M | 66.3M | |
| Net Income | 127.4M | 73.7M | 177.8M | 108.8M | 125.1M | 122.8M | |
| End Period Cash Flow | 72.2M | 768.3M | 754.9M | 280.3M | 322.3M | 418.0M |
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 Thematic Clasifications
Zhejiang Zhengguang Industrial is part of Heavy Metals 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. Industrial metals and minerals. Companies involved in mining, production, and distribution of various industrial metals and minerals
This theme covers Industrial metals and minerals. Companies involved in mining, production, and distribution of various industrial metals and minerals. Get More Thematic Ideas
| Heavy Metals | View |
Zhejiang Zhengguang February 1, 2025 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.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.45 | |||
| Value At Risk | (3.98) | |||
| Potential Upside | 3.32 |
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.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |