China Jo Jo Drugstores Stock Short Ratio
| CJJD Stock | USD 2.01 0.01 0.50% |
China Jo Jo Drugstores fundamentals help investors to digest information that contributes to China Jo's financial success or failures. It also enables traders to predict the movement of China Stock. The fundamental analysis module provides a way to measure China Jo'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 China Jo stock.
China | Short Ratio |
China Jo Jo Drugstores Company Short Ratio Analysis
China Jo's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current China Jo Short Ratio | 1.30 X |
Most of China Jo's fundamental indicators, such as Short Ratio, 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, China Jo Jo Drugstores is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
China Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for China Jo is extremely important. It helps to project a fair market value of China Stock properly, considering its historical fundamentals such as Short Ratio. Since China Jo's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of China Jo's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of China Jo's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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China Discontinued Operations
Discontinued Operations |
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Based on the latest financial disclosure, China Jo Jo Drugstores has a Short Ratio of 1.3 times. This is 66.67% lower than that of the Consumer Staples Distribution & Retail sector and significantly higher than that of the Consumer Staples industry. The short ratio for all United States stocks is 67.5% higher than that of the company.
China Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Jo's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of China Jo could also be used in its relative valuation, which is a method of valuing China Jo by comparing valuation metrics of similar companies.China Jo is currently under evaluation in short ratio category among its peers.
China Jo Current Valuation Drivers
We derive many important indicators used in calculating different scores of China Jo from analyzing China Jo's financial statements. These drivers represent accounts that assess China Jo's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of China Jo's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 59.4M | 45.7M | 1.1M | 45.7M | 4.7M | 630.0K | |
| Enterprise Value | 97.7M | 70.4M | 31.3M | 69.0M | 27.7M | 628.4K |
China Jo Institutional Holders
Institutional Holdings refers to the ownership stake in China Jo that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of China Jo's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing China Jo's value.| Shares | Hillhouse Capital Advisors, Ltd. | 2024-09-30 | 20.2 K | Bank Of America Corp | 2024-06-30 | 100.0 | Advisor Group Holdings, Inc. | 2024-06-30 | 0.0 | Ubs Group Ag | 2024-06-30 | 0.0 |
China Fundamentals
| Return On Equity | -0.27 | ||||
| Return On Asset | -0.0238 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | (0.05) % | ||||
| Current Valuation | 35.44 M | ||||
| Shares Outstanding | 6.18 M | ||||
| Shares Owned By Insiders | 38.34 % | ||||
| Shares Owned By Institutions | 0.31 % | ||||
| Number Of Shares Shorted | 43.79 K | ||||
| Price To Earning | (4.60) X | ||||
| Price To Book | 0.79 X | ||||
| Price To Sales | 0.08 X | ||||
| Revenue | 154.54 M | ||||
| Gross Profit | 34.28 M | ||||
| EBITDA | 1.23 M | ||||
| Net Income | (4.23 M) | ||||
| Cash And Equivalents | 18.55 M | ||||
| Cash Per Share | 5.33 X | ||||
| Total Debt | 43.22 M | ||||
| Debt To Equity | 2.14 % | ||||
| Current Ratio | 1.01 X | ||||
| Book Value Per Share | 8.97 X | ||||
| Cash Flow From Operations | (3.16 M) | ||||
| Short Ratio | 1.30 X | ||||
| Earnings Per Share | (2.93) X | ||||
| Target Price | 7.0 | ||||
| Number Of Employees | 939 | ||||
| Beta | -0.043 | ||||
| Market Capitalization | 12.37 M | ||||
| Total Asset | 95.06 M | ||||
| Retained Earnings | (73.51 M) | ||||
| Working Capital | (4.68 M) | ||||
| Current Asset | 46.88 M | ||||
| Current Liabilities | 42.12 M | ||||
| Net Asset | 95.06 M |
About China Jo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China Jo Jo Drugstores's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Jo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Jo Jo Drugstores 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether China Jo Jo is a strong investment it is important to analyze China Jo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact China Jo's future performance. For an informed investment choice regarding China Stock, refer to the following important reports:Check out China Jo Piotroski F Score and China Jo Altman Z Score analysis. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Jo. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Jo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.93) | Revenue Per Share 107.003 | Quarterly Revenue Growth (0) | Return On Assets (0.02) | Return On Equity (0.27) |
The market value of China Jo Jo is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Jo's value that differs from its market value or its book value, called intrinsic value, which is China Jo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Jo's market value can be influenced by many factors that don't directly affect China Jo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Jo's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Jo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Jo's 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.