Shenzhen Inovance (China) Performance
| 300124 Stock | 61.80 3.45 5.91% |
On a scale of 0 to 100, Shenzhen Inovance holds a performance score of 6. The entity has a beta of 0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shenzhen Inovance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shenzhen Inovance is expected to be smaller as well. Please check Shenzhen Inovance's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Shenzhen Inovance's existing price patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Shenzhen Inovance Tech are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Shenzhen Inovance sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0073 | Payout Ratio 0.238 | Last Split Factor 1.5:1 | Forward Dividend Rate 0.45 | Ex Dividend Date 2024-05-30 |
1 | Shenzhen Inovance TechnologyLtd Eyes Growth with New Energy Vehicles and Global Expansion - Simply Wall St | 12/05/2024 |
2 | Shenzhen Inovance TechnologyLtds five-year total shareholder returns outpace the underlying earnings growth - Simply Wall St | 01/07/2025 |
| Begin Period Cash Flow | 6 B |
Shenzhen |
Shenzhen Inovance Relative Risk vs. Return Landscape
If you would invest 5,510 in Shenzhen Inovance Tech on October 17, 2024 and sell it today you would earn a total of 670.00 from holding Shenzhen Inovance Tech or generate 12.16% return on investment over 90 days. Shenzhen Inovance Tech is generating 0.208% of daily returns and assumes 2.4266% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Shenzhen, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Shenzhen Inovance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenzhen Inovance's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shenzhen Inovance Tech, and traders can use it to determine the average amount a Shenzhen Inovance'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 = 0.0857
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| Small Returns | 300124 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Shenzhen Inovance is performing at about 6% 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 Shenzhen Inovance by adding it to a well-diversified portfolio.
Shenzhen Inovance Fundamentals Growth
Shenzhen Stock prices reflect investors' perceptions of the future prospects and financial health of Shenzhen Inovance, and Shenzhen Inovance 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 Shenzhen Stock performance.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0578 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 166.54 B | ||||
| Shares Outstanding | 2.69 B | ||||
| Price To Book | 6.28 X | ||||
| Price To Sales | 4.58 X | ||||
| Revenue | 30.42 B | ||||
| Gross Profit | 10.68 B | ||||
| EBITDA | 5.05 B | ||||
| Net Income | 4.74 B | ||||
| Total Debt | 804.27 M | ||||
| Book Value Per Share | 9.85 X | ||||
| Cash Flow From Operations | 3.37 B | ||||
| Earnings Per Share | 1.78 X | ||||
| Total Asset | 48.96 B | ||||
| Retained Earnings | 15.12 B | ||||
About Shenzhen Inovance Performance
By analyzing Shenzhen Inovance's fundamental ratios, stakeholders can gain valuable insights into Shenzhen Inovance's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Shenzhen Inovance 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 Shenzhen Inovance has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Shenzhen Inovance is entity of China. It is traded as Stock on SHE exchange.Things to note about Shenzhen Inovance Tech performance evaluation
Checking the ongoing alerts about Shenzhen Inovance for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shenzhen Inovance Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shenzhen Inovance is unlikely to experience financial distress in the next 2 years | |
| About 44.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Shenzhen Inovance TechnologyLtds five-year total shareholder returns outpace the underlying earnings growth - Simply Wall St |
- Analyzing Shenzhen Inovance'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 Shenzhen Inovance's stock is overvalued or undervalued compared to its peers.
- Examining Shenzhen Inovance'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 Shenzhen Inovance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shenzhen Inovance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shenzhen Inovance's stock. These opinions can provide insight into Shenzhen Inovance's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen Inovance's price analysis, check to measure Shenzhen Inovance'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 Shenzhen Inovance is operating at the current time. Most of Shenzhen Inovance's value examination focuses on studying past and present price action to predict the probability of Shenzhen Inovance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhen Inovance's price. Additionally, you may evaluate how the addition of Shenzhen Inovance to your portfolios can decrease your overall portfolio volatility.
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