Zhejiang Jingsheng (China) Performance
| 300316 Stock | 34.10 1.78 4.96% |
On a scale of 0 to 100, Zhejiang Jingsheng holds a performance score of 12. The firm maintains a market beta of -0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Zhejiang Jingsheng are expected to decrease at a much lower rate. During the bear market, Zhejiang Jingsheng is likely to outperform the market. Please check Zhejiang Jingsheng's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Zhejiang Jingsheng's historical returns will revert.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Zhejiang Jingsheng Mech are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Zhejiang Jingsheng sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0205 | Payout Ratio 0.2275 | Last Split Factor 1.3:1 | Forward Dividend Rate 0.7 | Ex Dividend Date 2024-05-22 |
1 | Zhejiang Jingsheng Mechanical Electrical Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models - Simply Wall St | 08/22/2024 |
| Begin Period Cash Flow | 3.2 B |
Zhejiang |
Zhejiang Jingsheng Relative Risk vs. Return Landscape
If you would invest 2,288 in Zhejiang Jingsheng Mech on August 27, 2024 and sell it today you would earn a total of 1,122 from holding Zhejiang Jingsheng Mech or generate 49.04% return on investment over 90 days. Zhejiang Jingsheng Mech is generating 0.8259% of daily returns and assumes 5.3967% volatility on return distribution over the 90 days horizon. Simply put, 48% of stocks are less volatile than Zhejiang, and 84% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Zhejiang Jingsheng Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhejiang Jingsheng's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zhejiang Jingsheng Mech, and traders can use it to determine the average amount a Zhejiang Jingsheng'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 = 0.153
| Best Portfolio | Best Equity | |||
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| Small Returns | 300316 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.4 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Zhejiang Jingsheng 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 Zhejiang Jingsheng by adding it to a well-diversified portfolio.
Zhejiang Jingsheng Fundamentals Growth
Zhejiang Stock prices reflect investors' perceptions of the future prospects and financial health of Zhejiang Jingsheng, and Zhejiang Jingsheng 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 | 0.26 | ||||
| Return On Asset | 0.0875 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 43.79 B | ||||
| Shares Outstanding | 1.31 B | ||||
| Price To Book | 2.62 X | ||||
| Price To Sales | 2.35 X | ||||
| Revenue | 17.98 B | ||||
| Gross Profit | 10.64 B | ||||
| EBITDA | 5.42 B | ||||
| Net Income | 4.56 B | ||||
| Total Debt | 1.21 B | ||||
| Book Value Per Share | 12.99 X | ||||
| Cash Flow From Operations | 3.09 B | ||||
| Earnings Per Share | 3.06 X | ||||
| Total Asset | 36.81 B | ||||
| Retained Earnings | 10.08 B | ||||
About Zhejiang Jingsheng Performance
By analyzing Zhejiang Jingsheng's fundamental ratios, stakeholders can gain valuable insights into Zhejiang Jingsheng's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Zhejiang Jingsheng 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 Jingsheng has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Zhejiang Jingsheng is entity of China. It is traded as Stock on SHE exchange.Things to note about Zhejiang Jingsheng Mech performance evaluation
Checking the ongoing alerts about Zhejiang Jingsheng for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zhejiang Jingsheng Mech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zhejiang Jingsheng is way too risky over 90 days horizon | |
| Zhejiang Jingsheng appears to be risky and price may revert if volatility continues | |
| Zhejiang Jingsheng is unlikely to experience financial distress in the next 2 years | |
| About 56.0% of the company shares are owned by insiders or employees |
- Analyzing Zhejiang Jingsheng'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 Jingsheng's stock is overvalued or undervalued compared to its peers.
- Examining Zhejiang Jingsheng'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 Jingsheng's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zhejiang Jingsheng's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zhejiang Jingsheng's stock. These opinions can provide insight into Zhejiang Jingsheng's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Jingsheng's price analysis, check to measure Zhejiang Jingsheng'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 Jingsheng is operating at the current time. Most of Zhejiang Jingsheng's value examination focuses on studying past and present price action to predict the probability of Zhejiang Jingsheng'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 Jingsheng's price. Additionally, you may evaluate how the addition of Zhejiang Jingsheng to your portfolios can decrease your overall portfolio volatility.
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