Bengang Steel (China) Today

000761 Stock   3.40  0.05  1.49%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 16

 
High
 
Low
Low
Bengang Steel is trading at 3.40 as of the 26th of November 2024, a 1.49 percent increase since the beginning of the trading day. The stock's open price was 3.35. Bengang Steel has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Bengang Steel Plates are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Bengang Steel is entity of China. It is traded as Stock on SHE exchange. The company has 3.71 B outstanding shares. More on Bengang Steel Plates

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Moving against Bengang Stock

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Bengang Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bengang Steel's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bengang Steel or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaIron (View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, Iron, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors)
Bengang Steel's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Bengang Steel's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Bengang Steel can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bengang Steel's financial leverage. It provides some insight into what part of Bengang Steel's total assets is financed by creditors.
Liquidity
Bengang Steel cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Bengang Steel Plates has accumulated 328 M in total debt. Debt can assist Bengang Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Bengang Steel's 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 Bengang Steel Plates sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bengang to invest in growth at high rates of return. When we think about Bengang Steel's use of debt, we should always consider it together with cash and equity.

Change To Inventory

398.59 Million
Bengang Steel Plates (000761) is traded on Shenzhen Stock Exchange in China and employs 14,342 people. Bengang Steel is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 12.94 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bengang Steel's market, we take the total number of its shares issued and multiply it by Bengang Steel'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. Bengang Steel Plates operates under Metals & Mining sector and is part of Materials industry. The entity has 3.71 B outstanding shares. Bengang Steel generates positive cash flow from operations, but has no cash available
Check Bengang Steel Probability Of Bankruptcy
Ownership Allocation
Bengang Steel holds a total of 3.71 Billion outstanding shares. Bengang Steel Plates shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 86.4 percent of Bengang Steel Plates outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Bengang Ownership Details

Bengang Steel Plates Risk Profiles

Although Bengang Steel's alpha and beta are two of the key measurements used to evaluate Bengang Steel's performance over the market, the standard measures of volatility play an important role as well.

Bengang Stock Against Markets

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Bengang Steel Corporate Directors

Dong LinDeputy DirectorProfile
Zhengli ZhengCFO DirectorsProfile
Desheng GaoS DirectorProfile
Shiyou WangDeputy DirectorProfile

Other Information on Investing in Bengang Stock

Bengang Steel financial ratios help investors to determine whether Bengang 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 Bengang with respect to the benefits of owning Bengang Steel security.