Changjiang Jinggong Financials
| 600496 Stock | 2.94 0.04 1.38% |
Changjiang |
Understanding current and past Changjiang Jinggong Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Changjiang Jinggong's financial statements are interrelated, with each one affecting the others. For example, an increase in Changjiang Jinggong's assets may result in an increase in income on the income statement.
Please note, the presentation of Changjiang Jinggong'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, Changjiang Jinggong's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Changjiang Jinggong's management manipulating its earnings.
Specialization | Industrials, Engineering & Construction |
| Instrument | China Stock View All |
| Exchange | Shanghai Stock Exchange |
| ISIN | CNE000001BH7 |
| Business Address | Changjiang Jinggong Industrial |
| Sector | Construction & Engineering |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.600496.com |
| Phone | 86 56 4363 0909 |
You should never invest in Changjiang Jinggong without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Changjiang Stock, because this is throwing your money away. Analyzing the key information contained in Changjiang Jinggong's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Changjiang Jinggong Key Financial Ratios
Changjiang Jinggong's financial ratios allow both analysts and investors to convert raw data from Changjiang Jinggong's financial statements into concise, actionable information that can be used to evaluate the performance of Changjiang Jinggong over time and compare it to other companies across industries.| Return On Equity | 0.0584 | ||||
| Return On Asset | 0.0126 | ||||
| Target Price | 2.94 | ||||
| Beta | 0.25 | ||||
| Last Dividend Paid | 0.06 |
Changjiang Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Changjiang Jinggong's current stock value. Our valuation model uses many indicators to compare Changjiang Jinggong value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Changjiang Jinggong competition to find correlations between indicators driving Changjiang Jinggong's intrinsic value. More Info.Changjiang Jinggong Steel 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 0.22 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Changjiang Jinggong Steel is roughly 4.63 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Changjiang Jinggong by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Changjiang Jinggong'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.Changjiang Jinggong Steel Systematic Risk
Changjiang Jinggong's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Changjiang Jinggong 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 with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Changjiang Jinggong Steel correlated with the market. If Beta is less than 0 Changjiang Jinggong generally moves in the opposite direction as compared to the market. If Changjiang Jinggong Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Changjiang Jinggong Steel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Changjiang Jinggong is generally in the same direction as the market. If Beta > 1 Changjiang Jinggong moves generally in the same direction as, but more than the movement of the benchmark.
Changjiang Jinggong Thematic Clasifications
Changjiang Jinggong Steel is part of Iron 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. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
Changjiang Jinggong February 4, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Changjiang Jinggong help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Changjiang Jinggong Steel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Changjiang Jinggong Steel based on widely used predictive technical indicators. In general, we focus on analyzing Changjiang Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Changjiang Jinggong's daily price indicators and compare them against related drivers.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 5.35 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 2.49 |
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When running Changjiang Jinggong's price analysis, check to measure Changjiang Jinggong'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 Changjiang Jinggong is operating at the current time. Most of Changjiang Jinggong's value examination focuses on studying past and present price action to predict the probability of Changjiang Jinggong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Changjiang Jinggong's price. Additionally, you may evaluate how the addition of Changjiang Jinggong to your portfolios can decrease your overall portfolio volatility.
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