China General Plastics Full Year 2023 Earnings Misses Expectations - Simply Wall St
1305 Stock | TWD 13.55 0.25 1.81% |
Slightly above 62% of China General's investor base is looking to short. The analysis of current outlook of investing in China General Plastics suggests that many traders are alarmed regarding China General's prospects. China General's investing sentiment can be driven by a variety of factors including economic data, China General's earnings reports, geopolitical events, and overall market trends.
China General stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of China daily returns and investor perception about the current price of China General Plastics as well as its diversification or hedging effects on your existing portfolios.
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China General Plastics Full Year 2023 Earnings Misses Expectations Simply Wall St
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China General Fundamental Analysis
We analyze China General's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China General using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China General 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.
Working Capital
Working Capital Comparative Analysis
China General is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
China General Plastics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with China General stock to make a market-neutral strategy. Peer analysis of China General could also be used in its relative valuation, which is a method of valuing China General by comparing valuation metrics with similar companies.
Peers
China General Related Equities
1309 | Taita Chemical | 0.94 | ||||
1310 | Taiwan Styrene | 0.44 | ||||
1312 | Grand Pacific | 1.29 | ||||
1304 | USI Corp | 1.54 | ||||
1308 | Asia Polymer | 2.13 |
Additional Tools for China Stock Analysis
When running China General's price analysis, check to measure China General'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 China General is operating at the current time. Most of China General's value examination focuses on studying past and present price action to predict the probability of China General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China General's price. Additionally, you may evaluate how the addition of China General to your portfolios can decrease your overall portfolio volatility.