Cangzhou Mingzhu (China) Buy Hold or Sell Recommendation
| 002108 Stock | 3.62 0.08 2.26% |
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Cangzhou Mingzhu Plastic is 'Strong Sell'. Macroaxis provides Cangzhou Mingzhu buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 002108 positions.
Check out Cangzhou Mingzhu Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Cangzhou and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Cangzhou Mingzhu Plastic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cangzhou |
Execute Cangzhou Mingzhu Buy or Sell Advice
The Cangzhou recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cangzhou Mingzhu Plastic. Macroaxis does not own or have any residual interests in Cangzhou Mingzhu Plastic or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cangzhou Mingzhu's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Cangzhou Mingzhu Trading Alerts and Improvement Suggestions
| Cangzhou Mingzhu is unlikely to experience financial distress in the next 2 years | |
| About 31.0% of the company shares are owned by insiders or employees |
Cangzhou Mingzhu Returns Distribution Density
The distribution of Cangzhou Mingzhu's historical returns is an attempt to chart the uncertainty of Cangzhou Mingzhu's future price movements. The chart of the probability distribution of Cangzhou Mingzhu daily returns describes the distribution of returns around its average expected value. We use Cangzhou Mingzhu Plastic price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cangzhou Mingzhu returns is essential to provide solid investment advice for Cangzhou Mingzhu.
| Mean Return | 0.26 | Value At Risk | -2.79 | Potential Upside | 3.35 | Standard Deviation | 2.27 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cangzhou Mingzhu historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Cangzhou Mingzhu Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 34.1M | 54.5M | 352.0M | 772.1M | 909.4M | 954.9M | |
| Net Income | 166.1M | 300.9M | 366.0M | 281.0M | 272.6M | 203.0M | |
| Dividends Paid | 188.0M | 105.9M | 172.9M | 102.3M | 189.2M | 109.2M | |
| Change To Inventory | 172.1M | (160.4M) | (57.1M) | 25.9M | 95.5M | 100.3M | |
| Investments | (83.7M) | (31.4M) | (337.0M) | (622.9M) | (719.4M) | (683.4M) | |
| Change In Cash | 6.2M | 31.4M | 286.2M | 885.3M | (588.4M) | (559.0M) | |
| Net Borrowings | 824.4M | 90.0M | (98.2M) | 260.5M | 299.6M | 314.6M | |
| Depreciation | 172.0M | 177.8M | 185.9M | 189.9M | 186.2M | 171.5M | |
| Change To Netincome | (66.4M) | (15.8M) | (38.2M) | (39.2M) | (35.2M) | (33.5M) | |
| End Period Cash Flow | 181.7M | 213.1M | 499.3M | 1.4B | 796.2M | 565.1M | |
| Free Cash Flow | 153.9M | 213.9M | 145.7M | (484.8M) | (565.0M) | (536.8M) | |
| Other Non Cash Items | 48.7M | 27.6M | 36.8M | 18.9M | 16.9M | 25.8M |
Cangzhou Mingzhu Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cangzhou Mingzhu or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cangzhou Mingzhu's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cangzhou stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 2.40 | |
Ir | Information ratio | 0.06 |
Cangzhou Mingzhu Volatility Alert
Cangzhou Mingzhu Plastic currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.28. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cangzhou Mingzhu's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cangzhou Mingzhu's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Cangzhou Mingzhu Fundamentals Vs Peers
Comparing Cangzhou Mingzhu's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cangzhou Mingzhu's direct or indirect competition across all of the common fundamentals between Cangzhou Mingzhu and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cangzhou Mingzhu or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cangzhou Mingzhu's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cangzhou Mingzhu by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cangzhou Mingzhu to competition |
| Fundamentals | Cangzhou Mingzhu | Peer Average |
| Return On Equity | 0.0331 | -0.31 |
| Return On Asset | 0.0043 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.06 % | (5.51) % |
| Current Valuation | 6.83 B | 16.62 B |
| Shares Outstanding | 1.67 B | 571.82 M |
| Shares Owned By Insiders | 31.41 % | 10.09 % |
| Shares Owned By Institutions | 2.13 % | 39.21 % |
| Price To Book | 1.19 X | 9.51 X |
| Price To Sales | 2.29 X | 11.42 X |
| Revenue | 2.62 B | 9.43 B |
| Gross Profit | 590.92 M | 27.38 B |
| EBITDA | 234.21 M | 3.9 B |
| Net Income | 272.59 M | 570.98 M |
| Total Debt | 386.72 M | 5.32 B |
| Book Value Per Share | 3.07 X | 1.93 K |
| Cash Flow From Operations | 344.42 M | 971.22 M |
| Earnings Per Share | 0.10 X | 3.12 X |
| Price To Earnings To Growth | (4.97) X | 4.89 X |
| Target Price | 4.9 | |
| Beta | 0.63 | -0.15 |
| Market Capitalization | 5.93 B | 19.03 B |
| Total Asset | 7.11 B | 29.47 B |
| Retained Earnings | 2.04 B | 9.33 B |
| Working Capital | 1.32 B | 1.48 B |
| Annual Yield | 0.03 % | |
| Net Asset | 7.11 B | |
| Last Dividend Paid | 0.1 |
Cangzhou Mingzhu Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cangzhou . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Cangzhou Mingzhu Buy or Sell Advice
When is the right time to buy or sell Cangzhou Mingzhu Plastic? Buying financial instruments such as Cangzhou Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Cangzhou Stock
Cangzhou Mingzhu financial ratios help investors to determine whether Cangzhou Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cangzhou with respect to the benefits of owning Cangzhou Mingzhu security.