Heilongjiang Transport Development Stock Beta
| 601188 Stock | 3.65 0.07 1.88% |
Heilongjiang Transport Development fundamentals help investors to digest information that contributes to Heilongjiang Transport's financial success or failures. It also enables traders to predict the movement of Heilongjiang Stock. The fundamental analysis module provides a way to measure Heilongjiang Transport's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Heilongjiang Transport stock.
Heilongjiang | Beta |
Heilongjiang Transport Development Company Beta Analysis
Heilongjiang Transport's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Heilongjiang Transport Beta | 0.11 |
Most of Heilongjiang Transport's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Heilongjiang Transport Development is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Heilongjiang Transport Development has a Beta of 0.112. This is 91.82% lower than that of the Transportation Infrastructure sector and 91.76% lower than that of the Industrials industry. The beta for all China stocks is 174.67% lower than that of the firm.
Heilongjiang Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heilongjiang Transport's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Heilongjiang Transport could also be used in its relative valuation, which is a method of valuing Heilongjiang Transport by comparing valuation metrics of similar companies.Heilongjiang Transport is currently under evaluation in beta category among its peers.
As returns on the market increase, Heilongjiang Transport's returns are expected to increase less than the market. However, during the bear market, the loss of holding Heilongjiang Transport is expected to be smaller as well.
Heilongjiang Fundamentals
| Return On Equity | 0.0234 | ||||
| Return On Asset | 0.0076 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.33 % | ||||
| Current Valuation | 3.79 B | ||||
| Shares Outstanding | 1.32 B | ||||
| Shares Owned By Insiders | 66.53 % | ||||
| Shares Owned By Institutions | 0.40 % | ||||
| Price To Book | 1.05 X | ||||
| Price To Sales | 8.04 X | ||||
| Revenue | 652.37 M | ||||
| Gross Profit | 213.03 M | ||||
| EBITDA | 205.05 M | ||||
| Net Income | 137.23 M | ||||
| Total Debt | 562.54 M | ||||
| Book Value Per Share | 3.51 X | ||||
| Cash Flow From Operations | 146.84 M | ||||
| Earnings Per Share | 0.08 X | ||||
| Number Of Employees | 609 | ||||
| Beta | 0.11 | ||||
| Market Capitalization | 4.93 B | ||||
| Total Asset | 5.36 B | ||||
| Retained Earnings | 1.77 B | ||||
| Working Capital | 1.88 B | ||||
| Net Asset | 5.36 B | ||||
| Last Dividend Paid | 0.064 |
About Heilongjiang Transport Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Heilongjiang Transport Development's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heilongjiang Transport using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heilongjiang Transport Development based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Information on Investing in Heilongjiang Stock
Heilongjiang Transport financial ratios help investors to determine whether Heilongjiang 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 Heilongjiang with respect to the benefits of owning Heilongjiang Transport security.