Zhejiang Satellite (China) Performance
| 002648 Stock | 18.00 0.05 0.28% |
On a scale of 0 to 100, Zhejiang Satellite holds a performance score of 8. The firm maintains a market beta of -0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Zhejiang Satellite are expected to decrease at a much lower rate. During the bear market, Zhejiang Satellite is likely to outperform the market. Please check Zhejiang Satellite's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Zhejiang Satellite's historical returns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Zhejiang Satellite Petrochemical are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Zhejiang Satellite sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0215 | Payout Ratio 0.2632 | Last Split Factor 1.4:1 | Forward Dividend Rate 0.4 | Ex Dividend Date 2024-05-14 |
1 | Zhejiang Satellite Petrochemical orders four VLECs at South Korean yards - Seatrade Maritime News | 09/06/2024 |
| Begin Period Cash Flow | 5.1 B | |
| Free Cash Flow | 5.6 B |
Zhejiang |
Zhejiang Satellite Relative Risk vs. Return Landscape
If you would invest 1,581 in Zhejiang Satellite Petrochemical on September 4, 2024 and sell it today you would earn a total of 219.00 from holding Zhejiang Satellite Petrochemical or generate 13.85% return on investment over 90 days. Zhejiang Satellite Petrochemical is generating 0.2539% of daily returns and assumes 2.4831% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than Zhejiang, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Zhejiang Satellite Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhejiang Satellite's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zhejiang Satellite Petrochemical, and traders can use it to determine the average amount a Zhejiang Satellite's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1022
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Estimated Market Risk
| 2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Zhejiang Satellite is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Zhejiang Satellite by adding it to a well-diversified portfolio.
Zhejiang Satellite Fundamentals Growth
Zhejiang Stock prices reflect investors' perceptions of the future prospects and financial health of Zhejiang Satellite, and Zhejiang Satellite fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Zhejiang Stock performance.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0711 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 82.93 B | ||||
| Shares Outstanding | 3.37 B | ||||
| Price To Book | 2.18 X | ||||
| Price To Sales | 1.45 X | ||||
| Revenue | 41.49 B | ||||
| Gross Profit | 6.12 B | ||||
| EBITDA | 10.13 B | ||||
| Net Income | 4.79 B | ||||
| Total Debt | 1.23 B | ||||
| Book Value Per Share | 8.36 X | ||||
| Cash Flow From Operations | 8 B | ||||
| Earnings Per Share | 1.50 X | ||||
| Total Asset | 64.58 B | ||||
| Retained Earnings | 16.81 B | ||||
About Zhejiang Satellite Performance
By analyzing Zhejiang Satellite's fundamental ratios, stakeholders can gain valuable insights into Zhejiang Satellite's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Zhejiang Satellite has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Zhejiang Satellite has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Zhejiang Satellite is entity of China. It is traded as Stock on SHE exchange.Things to note about Zhejiang Satellite performance evaluation
Checking the ongoing alerts about Zhejiang Satellite for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zhejiang Satellite help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zhejiang Satellite is unlikely to experience financial distress in the next 2 years | |
| About 52.0% of the company shares are owned by insiders or employees |
- Analyzing Zhejiang Satellite's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Zhejiang Satellite's stock is overvalued or undervalued compared to its peers.
- Examining Zhejiang Satellite's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Zhejiang Satellite's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zhejiang Satellite's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zhejiang Satellite's stock. These opinions can provide insight into Zhejiang Satellite's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Satellite's price analysis, check to measure Zhejiang Satellite'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 Satellite is operating at the current time. Most of Zhejiang Satellite's value examination focuses on studying past and present price action to predict the probability of Zhejiang Satellite'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 Satellite's price. Additionally, you may evaluate how the addition of Zhejiang Satellite to your portfolios can decrease your overall portfolio volatility.
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