Shandong Weigao Financials
| SHWGY Stock | USD 2.27 0.04 1.79% |
Shandong |
Understanding current and past Shandong Weigao Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shandong Weigao's financial statements are interrelated, with each one affecting the others. For example, an increase in Shandong Weigao's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Shandong Weigao's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shandong Weigao Group. Check Shandong Weigao's Beneish M Score to see the likelihood of Shandong Weigao's management manipulating its earnings.
Shandong Weigao Stock Summary
Shandong Weigao competes with Ansell, Straumann Holding, Utah Medical, AngioDynamics, and Straumann Holding. Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, and sale of single-use medical devices in the Peoples Republic of China. The company was incorporated in 2000 and is based in Weihai, the Peoples Republic of China. Shandong Weigao operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 11476 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US81941W1018 |
| Business Address | Torch Hi-Tech Science |
| Sector | Healthcare |
| Industry | Medical Instruments & Supplies |
| Benchmark | Dow Jones Industrial |
| Website | www.weigaogroup.com |
| Phone | 86 63 1562 1999 |
| Currency | USD - US Dollar |
Shandong Weigao Key Financial Ratios
Shandong Weigao's financial ratios allow both analysts and investors to convert raw data from Shandong Weigao's financial statements into concise, actionable information that can be used to evaluate the performance of Shandong Weigao over time and compare it to other companies across industries.| Return On Equity | 0.13 | |||
| Return On Asset | 0.0604 | |||
| Beta | 0.4 | |||
| Z Score | 1.2 | |||
| Last Dividend Paid | 0.15 |
Shandong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shandong Weigao's current stock value. Our valuation model uses many indicators to compare Shandong Weigao value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shandong Weigao competition to find correlations between indicators driving Shandong Weigao's intrinsic value. More Info.Shandong Weigao Group is rated below average in return on equity category among its peers. It also is rated below average 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 Shandong Weigao Group is roughly 2.11 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shandong Weigao by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shandong Weigao's Pink Sheet. 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.Shandong Weigao Group Systematic Risk
Shandong Weigao's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shandong Weigao 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 Shandong Weigao Group correlated with the market. If Beta is less than 0 Shandong Weigao generally moves in the opposite direction as compared to the market. If Shandong Weigao Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shandong Weigao Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shandong Weigao is generally in the same direction as the market. If Beta > 1 Shandong Weigao moves generally in the same direction as, but more than the movement of the benchmark.
Shandong Weigao December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shandong Weigao help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shandong Weigao Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shandong Weigao Group based on widely used predictive technical indicators. In general, we focus on analyzing Shandong Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shandong Weigao's daily price indicators and compare them against related drivers.
| Downside Deviation | 6.5 | |||
| Information Ratio | 0.0198 | |||
| Maximum Drawdown | 29.15 | |||
| Value At Risk | (9.13) | |||
| Potential Upside | 9.6 |
Additional Tools for Shandong Pink Sheet Analysis
When running Shandong Weigao's price analysis, check to measure Shandong Weigao'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 Shandong Weigao is operating at the current time. Most of Shandong Weigao's value examination focuses on studying past and present price action to predict the probability of Shandong Weigao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shandong Weigao's price. Additionally, you may evaluate how the addition of Shandong Weigao to your portfolios can decrease your overall portfolio volatility.