Nantong Haixing (China) Buy Hold or Sell Recommendation
| 603115 Stock | 13.49 0.15 1.10% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Nantong Haixing Electronics is 'Cautious Hold'. Macroaxis provides Nantong Haixing buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 603115 positions.
Check out Nantong Haixing 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 Nantong and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Nantong Haixing Electronics. 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.
Nantong |
Execute Nantong Haixing Buy or Sell Advice
The Nantong recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nantong Haixing Electronics. Macroaxis does not own or have any residual interests in Nantong Haixing Electronics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nantong Haixing's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | 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 |
Nantong Haixing Trading Alerts and Improvement Suggestions
| Nantong Haixing Elec is unlikely to experience financial distress in the next 2 years | |
| About 72.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Aluminum Foil Electrode Market Size, Share, Comprehensive Analysis, Opportunity Assessment by 2031 - openPR |
Nantong Haixing Returns Distribution Density
The distribution of Nantong Haixing's historical returns is an attempt to chart the uncertainty of Nantong Haixing's future price movements. The chart of the probability distribution of Nantong Haixing daily returns describes the distribution of returns around its average expected value. We use Nantong Haixing Electronics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nantong Haixing returns is essential to provide solid investment advice for Nantong Haixing.
| Mean Return | 0.53 | Value At Risk | -2.33 | Potential Upside | 5.11 | Standard Deviation | 2.52 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nantong Haixing 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.
Nantong Haixing Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (15.3M) | (27.5M) | (42.3M) | (96.7M) | (8.9M) | (9.4M) | |
| Change In Cash | 72.6M | (201.7M) | 174.8M | 104.7M | (169.1M) | (160.6M) | |
| Net Borrowings | 38M | (500K) | (27.5M) | (10M) | (11.5M) | (12.1M) | |
| Depreciation | 43.0M | 48.1M | 57.8M | 64.8M | 76.6M | 56.2M | |
| Dividends Paid | 107.1M | 157.7M | 156.8M | 179.8M | 179.4M | 124.2M | |
| Capital Expenditures | 59.5M | 159.7M | 78.2M | 150.8M | 153.8M | 94.1M | |
| Net Income | 120.4M | 125.8M | 221.2M | 227.7M | 136.8M | 158.0M | |
| End Period Cash Flow | 433.4M | 231.8M | 406.5M | 511.2M | 342.1M | 380.6M | |
| Change To Netincome | 2.5M | 2.1M | 5.8M | 6.2M | 7.1M | 7.4M | |
| Free Cash Flow | 32.8M | (126.6M) | 109.3M | 24.8M | 26.5M | 36.9M | |
| Other Non Cash Items | 1.2M | 11.3M | 8.0M | (3.0M) | (5.3M) | (5.0M) |
Nantong Haixing 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 Nantong Haixing or Electrical Equipment 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 Nantong Haixing'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 Nantong 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 | 0.54 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 2.54 | |
Ir | Information ratio | 0.16 |
Nantong Haixing Volatility Alert
Nantong Haixing Electronics currently demonstrates below-average downside deviation. It has Information Ratio of 0.16 and Jensen Alpha of 0.54. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nantong Haixing'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 Nantong Haixing'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.Nantong Haixing Fundamentals Vs Peers
Comparing Nantong Haixing'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 Nantong Haixing's direct or indirect competition across all of the common fundamentals between Nantong Haixing and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nantong Haixing or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nantong Haixing's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nantong Haixing by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nantong Haixing to competition |
| Fundamentals | Nantong Haixing | Peer Average |
| Return On Equity | 0.0866 | -0.31 |
| Return On Asset | 0.0437 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 2.62 B | 16.62 B |
| Shares Outstanding | 239.2 M | 571.82 M |
| Shares Owned By Insiders | 71.64 % | 10.09 % |
| Shares Owned By Institutions | 1.66 % | 39.21 % |
| Price To Book | 1.65 X | 9.51 X |
| Price To Sales | 1.75 X | 11.42 X |
| Revenue | 1.79 B | 9.43 B |
| Gross Profit | 453.5 M | 27.38 B |
| EBITDA | 253.96 M | 3.9 B |
| Net Income | 136.79 M | 570.98 M |
| Total Debt | 405.4 M | 5.32 B |
| Book Value Per Share | 8.26 X | 1.93 K |
| Cash Flow From Operations | 180.29 M | 971.22 M |
| Earnings Per Share | 0.71 X | 3.12 X |
| Number Of Employees | 791 | 18.84 K |
| Beta | 0.32 | -0.15 |
| Market Capitalization | 3.23 B | 19.03 B |
| Total Asset | 2.39 B | 29.47 B |
| Retained Earnings | 525.47 M | 9.33 B |
| Working Capital | 1.29 B | 1.48 B |
| Net Asset | 2.39 B | |
| Last Dividend Paid | 0.5 |
Nantong Haixing Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nantong . 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.
| Accumulation Distribution | 21149.74 | |||
| Daily Balance Of Power | (0.65) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 13.57 | |||
| Day Typical Price | 13.54 | |||
| Price Action Indicator | (0.15) | |||
| Period Momentum Indicator | (0.15) |
About Nantong Haixing Buy or Sell Advice
When is the right time to buy or sell Nantong Haixing Electronics? Buying financial instruments such as Nantong 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 Nantong Stock
Nantong Haixing financial ratios help investors to determine whether Nantong 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 Nantong with respect to the benefits of owning Nantong Haixing security.