Zhejiang Expressway Financials
| ZHEXF Stock | USD 0.68 0.06 8.11% |
Zhejiang |
Understanding current and past Zhejiang Expressway Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zhejiang Expressway's financial statements are interrelated, with each one affecting the others. For example, an increase in Zhejiang Expressway's assets may result in an increase in income on the income statement.
Zhejiang Expressway Stock Summary
Zhejiang Expressway competes with Jiangsu Expressway, and Jiangsu Expressway. Zhejiang Expressway Co., Ltd., an investment holding company, invests, develops, operates, maintains, and manages roads in the Peoples Republic of China. Zhejiang Expressway Co., Ltd. is a subsidiary of Zhejiang Communications Investment Group Co., Ltd. Zhejiang Expressway operates under Infrastructure Operations classification in the United States and is traded on OTC Exchange. It employs 8957 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | No 2 Mingzhu |
| Sector | Industrials |
| Industry | Infrastructure Operations |
| Benchmark | Dow Jones Industrial |
| Website | www.zjec.com.cn |
| Phone | 86 571 8798 5588 |
| Currency | USD - US Dollar |
Zhejiang Expressway Key Financial Ratios
There are many critical financial ratios that Zhejiang Expressway's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Zhejiang Expressway reports annually and quarterly.| Return On Equity | 0.11 | |||
| Return On Asset | 0.0212 | |||
| Beta | 0.57 | |||
| Last Dividend Paid | 0.38 |
Zhejiang Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Zhejiang Expressway's current stock value. Our valuation model uses many indicators to compare Zhejiang Expressway value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zhejiang Expressway competition to find correlations between indicators driving Zhejiang Expressway's intrinsic value. More Info.Zhejiang Expressway Co is rated first in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.20 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Zhejiang Expressway Co is roughly 5.13 . 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 Zhejiang Expressway's earnings, one of the primary drivers of an investment's value.Zhejiang Expressway Systematic Risk
Zhejiang Expressway's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zhejiang Expressway 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Zhejiang Expressway correlated with the market. If Beta is less than 0 Zhejiang Expressway generally moves in the opposite direction as compared to the market. If Zhejiang Expressway Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zhejiang Expressway is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zhejiang Expressway is generally in the same direction as the market. If Beta > 1 Zhejiang Expressway moves generally in the same direction as, but more than the movement of the benchmark.
Zhejiang Expressway November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Zhejiang Expressway help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zhejiang Expressway Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zhejiang Expressway Co based on widely used predictive technical indicators. In general, we focus on analyzing Zhejiang Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zhejiang Expressway's daily price indicators and compare them against related drivers.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 13.85 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 5.0 |
Complementary Tools for Zhejiang Pink Sheet analysis
When running Zhejiang Expressway's price analysis, check to measure Zhejiang Expressway'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 Expressway is operating at the current time. Most of Zhejiang Expressway's value examination focuses on studying past and present price action to predict the probability of Zhejiang Expressway'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 Expressway's price. Additionally, you may evaluate how the addition of Zhejiang Expressway to your portfolios can decrease your overall portfolio volatility.
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