Shengkai Innovations Stock Analysis

Shengkai Pink Sheet Analysis Notes

The company has Price to Book (P/B) ratio of 0.02. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Shengkai Innovations recorded a loss per share of 0.2. The entity had not issued any dividends in recent years. The firm had 1:2 split on the 12th of March 2012. Shengkai Innovations, Inc., together with its subsidiaries, designs, manufactures, and distributes ceramic valves for industrial use in the Peoples Republic of China. The company is headquartered in Tianjin, the Peoples Republic of China. SHENGKAI INNOVATIONS operates under Industrial Distribution classification in the United States and is traded on PNK Exchange. It employs 135 people.The quote for Shengkai Innovations is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more information please call Chen Wang at 86 22 5883 8509 or visit http://www.shengkaiinnovations.com.

Shengkai Innovations Investment Alerts

Shengkai Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 16.34 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shengkai Innovations's market, we take the total number of its shares issued and multiply it by Shengkai Innovations's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Shengkai Profitablity

The company has Profit Margin (PM) of (0.2) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.23) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.23.

Technical Drivers

As of the 6th of January, Shengkai Innovations has the Risk Adjusted Performance of 0.1011, variance of 15873.02, and Coefficient Of Variation of 793.73. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shengkai Innovations, as well as the relationship between them. Please validate Shengkai Innovations standard deviation and kurtosis to decide if Shengkai Innovations is priced more or less accurately, providing market reflects its prevalent price of 1.0E-4 per share. As Shengkai Innovations appears to be a penny stock we also recommend to double-check its information ratio numbers.

Shengkai Innovations Price Movement Analysis

Shengkai Innovations Outstanding Bonds

Shengkai Innovations Predictive Daily Indicators

Shengkai Innovations Forecast Models

Shengkai Innovations' time-series forecasting models are one of many Shengkai Innovations' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Shengkai Innovations' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Shengkai Innovations Debt to Cash Allocation

The company has a current ratio of 33.34, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Shengkai Innovations until it has trouble settling it off, either with new capital or with free cash flow. So, Shengkai Innovations' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Shengkai Innovations sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shengkai to invest in growth at high rates of return. When we think about Shengkai Innovations' use of debt, we should always consider it together with cash and equity.

Shengkai Innovations Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Shengkai Innovations' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Shengkai Innovations, which in turn will lower the firm's financial flexibility.

Shengkai Innovations Corporate Bonds Issued

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Shengkai Innovations prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Shengkai shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Shengkai Innovations. By using and applying Shengkai Pink Sheet analysis, traders can create a robust methodology for identifying Shengkai entry and exit points for their positions.

When running Shengkai Innovations' price analysis, check to measure Shengkai Innovations' 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 Shengkai Innovations is operating at the current time. Most of Shengkai Innovations' value examination focuses on studying past and present price action to predict the probability of Shengkai Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shengkai Innovations' price. Additionally, you may evaluate how the addition of Shengkai Innovations to your portfolios can decrease your overall portfolio volatility.