G Bits Network Technology Stock Probability Of Bankruptcy

603444 Stock   214.03  8.31  3.74%   
G Bits' odds of distress is under 10% at the present time. It has tiny probability of undergoing some form of financial hardship in the near future. Chance of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the 603444 balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in G bits Network Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
  

G bits Network Technology Company chance of distress Analysis

G Bits' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current G Bits Probability Of Bankruptcy

    
  Less than 10%  
Most of G Bits' fundamental indicators, such as Probability Of Bankruptcy, 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, G bits Network Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of G Bits probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting G Bits odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of G bits Network Technology financial health.
Please note, there is a significant difference between G Bits' value and its price as these two are different measures arrived at by different means. Investors typically determine if G Bits is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, G Bits' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, G bits Network Technology has a Probability Of Bankruptcy of 10.0%. This is 80.63% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The probability of bankruptcy for all China stocks is 74.89% higher than that of the company.

603444 Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses G Bits' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of G Bits could also be used in its relative valuation, which is a method of valuing G Bits by comparing valuation metrics of similar companies.
G Bits is currently under evaluation in probability of bankruptcy category among its peers.

G Bits Main Bankruptcy Drivers

202020212022202320242025 (projected)
Total Current Liabilities971.9M1.8B1.7B1.3B1.5B776.7M
Non Current Liabilities Total168.1M217.6M90.3M86.3M99.3M121.1M
Total Assets5.4B7.1B6.5B6.6B7.6B8.0B
Total Current Assets3.3B4.4B3.6B3.8B4.4B3.1B
Total Cash From Operating Activities1.5B2.4B1.8B1.2B1.4B981.3M

603444 Fundamentals

Return On Equity0.22
Return On Asset0.11
Profit Margin0.25 %
Operating Margin0.27 %
Current Valuation12.71 B
Shares Outstanding72.04 M
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Shares Owned By Insiders45.27 %
Shares Owned By Institutions11.03 %
Price To Book3.38 X
Price To Sales4.28 X
Revenue4.18 B
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Gross Profit3.28 B
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EBITDA1.27 B
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Net Income1.13 B
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Total Debt1.39 B
Book Value Per Share65.52 X
Cash Flow From Operations1.19 B
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Earnings Per Share12.80 X
Target Price237.94
Number Of Employees1.5 K
Beta0.73
Market Capitalization15.82 B
Total Asset6.64 B
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-310%500%1,000%1,500%
Retained Earnings2.88 B
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-311,000%2,000%3,000%4,000%
Working Capital2.51 B
Net Asset6.64 B
Last Dividend Paid7.0

About G Bits Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze G bits Network Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of G Bits using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of G bits Network Technology 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 603444 Stock

G Bits financial ratios help investors to determine whether 603444 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 603444 with respect to the benefits of owning G Bits security.