China New Financials
| CNER Stock | USD 0.01 0.01 42.86% |
China |
Understanding current and past China New Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of China New's financial statements are interrelated, with each one affecting the others. For example, an increase in China New's assets may result in an increase in income on the income statement.
China New Stock Summary
China New competes with Green Planet, Azure Holding, and Four Leaf. China New Energy Group Company, a natural gas company, engages in the development, construction, and operation of natural gas distribution networks. Its distribution networks provide natural gas to an aggregate of approximately 64,000 consumers. China New operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 130 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 20th Floor Centre |
| Sector | Financial Services |
| Industry | Shell Companies |
| Benchmark | Dow Jones Industrial |
| Website | www.cnegc.com |
| Phone | 86 22 5829 9791 |
| Currency | USD - US Dollar |
China New Key Financial Ratios
There are many critical financial ratios that China New's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that China New Energy reports annually and quarterly.| Return On Equity | -1.12 | |||
| Return On Asset | 0.0761 | |||
| Number Of Employees | 130 | |||
| Beta | 1.47 | |||
| Z Score | -1.2 |
China Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining China New's current stock value. Our valuation model uses many indicators to compare China New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across China New competition to find correlations between indicators driving China New's intrinsic value. More Info.China New Energy 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 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the China New's earnings, one of the primary drivers of an investment's value.China New Energy Systematic Risk
China New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. China New 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on China New Energy correlated with the market. If Beta is less than 0 China New generally moves in the opposite direction as compared to the market. If China New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one China New Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of China New is generally in the same direction as the market. If Beta > 1 China New moves generally in the same direction as, but more than the movement of the benchmark.
China New November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of China New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of China New Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of China New Energy based on widely used predictive technical indicators. In general, we focus on analyzing China Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build China New's daily price indicators and compare them against related drivers.
| Downside Deviation | 53.99 | |||
| Information Ratio | 0.1157 | |||
| Maximum Drawdown | 575.0 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 25.0 |
Additional Tools for China Pink Sheet Analysis
When running China New's price analysis, check to measure China New'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 China New is operating at the current time. Most of China New's value examination focuses on studying past and present price action to predict the probability of China New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China New's price. Additionally, you may evaluate how the addition of China New to your portfolios can decrease your overall portfolio volatility.