Chongqing Shunbo (China) Performance
| 002996 Stock | 6.56 0.28 4.09% |
On a scale of 0 to 100, Chongqing Shunbo holds a performance score of 12. The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Chongqing Shunbo are expected to decrease at a much lower rate. During the bear market, Chongqing Shunbo is likely to outperform the market. Please check Chongqing Shunbo's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Chongqing Shunbo's price patterns will revert.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Chongqing Shunbo Aluminum are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Chongqing Shunbo sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0152 | Payout Ratio 0.2937 | Last Split Factor 1.3:1 | Forward Dividend Rate 0.1 | Ex Dividend Date 2024-05-28 |
1 | Impressive Earnings May Not Tell The Whole Story For Chongqing Shunbo AluminumLtd - Simply Wall St | 08/30/2024 |
2 | Retail investors who hold 52 percent of Chongqing Shunbo Aluminum Co.,Ltd. gained 11, insiders profited as well - Simply Wall St | 09/25/2024 |
| Begin Period Cash Flow | 642 M |
Chongqing |
Chongqing Shunbo Relative Risk vs. Return Landscape
If you would invest 518.00 in Chongqing Shunbo Aluminum on August 25, 2024 and sell it today you would earn a total of 138.00 from holding Chongqing Shunbo Aluminum or generate 26.64% return on investment over 90 days. Chongqing Shunbo Aluminum is generating 0.4427% of daily returns and assumes 2.9042% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Chongqing, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Chongqing Shunbo Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chongqing Shunbo's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Chongqing Shunbo Aluminum, and traders can use it to determine the average amount a Chongqing Shunbo'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 = 0.1524
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| Small Returns | 002996 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Chongqing Shunbo is performing at about 12% 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 Chongqing Shunbo by adding it to a well-diversified portfolio.
Chongqing Shunbo Fundamentals Growth
Chongqing Stock prices reflect investors' perceptions of the future prospects and financial health of Chongqing Shunbo, and Chongqing Shunbo 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 Chongqing Stock performance.
| Return On Equity | 0.0676 | ||||
| Return On Asset | 0.0165 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 9.07 B | ||||
| Shares Outstanding | 669.44 M | ||||
| Price To Book | 1.34 X | ||||
| Price To Sales | 0.32 X | ||||
| Revenue | 11.94 B | ||||
| Gross Profit | 554.52 M | ||||
| EBITDA | 375.03 M | ||||
| Net Income | 124.95 M | ||||
| Total Debt | 4.07 B | ||||
| Book Value Per Share | 4.90 X | ||||
| Cash Flow From Operations | (415.41 M) | ||||
| Earnings Per Share | 0.36 X | ||||
| Total Asset | 7.62 B | ||||
| Retained Earnings | 1.28 B | ||||
About Chongqing Shunbo Performance
By analyzing Chongqing Shunbo's fundamental ratios, stakeholders can gain valuable insights into Chongqing Shunbo's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Chongqing Shunbo 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 Chongqing Shunbo has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Chongqing Shunbo is entity of China. It is traded as Stock on SHE exchange.Things to note about Chongqing Shunbo Aluminum performance evaluation
Checking the ongoing alerts about Chongqing Shunbo for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Chongqing Shunbo Aluminum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Chongqing Shunbo is unlikely to experience financial distress in the next 2 years | |
| Chongqing Shunbo generates negative cash flow from operations | |
| About 66.0% of the company shares are owned by insiders or employees |
- Analyzing Chongqing Shunbo'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 Chongqing Shunbo's stock is overvalued or undervalued compared to its peers.
- Examining Chongqing Shunbo'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 Chongqing Shunbo's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Chongqing Shunbo's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Chongqing Shunbo's stock. These opinions can provide insight into Chongqing Shunbo's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Chongqing Stock analysis
When running Chongqing Shunbo's price analysis, check to measure Chongqing Shunbo'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 Chongqing Shunbo is operating at the current time. Most of Chongqing Shunbo's value examination focuses on studying past and present price action to predict the probability of Chongqing Shunbo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chongqing Shunbo's price. Additionally, you may evaluate how the addition of Chongqing Shunbo to your portfolios can decrease your overall portfolio volatility.
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