Cangzhou Mingzhu (China) Today

002108 Stock   3.62  0.08  2.26%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 2

 
High
 
Low
Very Low
Cangzhou Mingzhu is trading at 3.62 as of the 26th of November 2024, a 2.26 percent increase since the beginning of the trading day. The stock's open price was 3.54. Cangzhou Mingzhu has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Cangzhou Mingzhu Plastic 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
Energy
IPO Date
24th of January 2007
Category
Industrials
Cangzhou Mingzhu is entity of China. It is traded as Stock on SHE exchange. The company has 1.67 B outstanding shares. More on Cangzhou Mingzhu Plastic

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Cangzhou 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. Cangzhou Mingzhu's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cangzhou Mingzhu or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaPlastics (View all Themes)
Business ConcentrationOil & Gas Equipment & Services, Conglomerates, Industrials, Plastics, Energy, Energy Equipment & Services, Auto Parts, Consumer Cyclical (View all Sectors)
Cangzhou Mingzhu's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cangzhou Mingzhu'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
Cangzhou Mingzhu 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 Cangzhou Mingzhu's financial leverage. It provides some insight into what part of Cangzhou Mingzhu's total assets is financed by creditors.
Liquidity
Cangzhou Mingzhu 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. Cangzhou Mingzhu Plastic has accumulated 386.72 M in total debt. Debt can assist Cangzhou Mingzhu until it has trouble settling it off, either with new capital or with free cash flow. So, Cangzhou Mingzhu'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 Cangzhou Mingzhu Plastic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cangzhou to invest in growth at high rates of return. When we think about Cangzhou Mingzhu's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

954.9 Million
Cangzhou Mingzhu Plastic (002108) is traded on Shenzhen Stock Exchange in China and employs 7 people. Cangzhou Mingzhu is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cangzhou Mingzhu's market, we take the total number of its shares issued and multiply it by Cangzhou Mingzhu'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. Cangzhou Mingzhu Plastic operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 1.67 B outstanding shares. Cangzhou Mingzhu generates positive cash flow from operations, but has no cash available
Check Cangzhou Mingzhu Probability Of Bankruptcy
Ownership Allocation
Cangzhou Mingzhu holds a total of 1.67 Billion outstanding shares. Cangzhou Mingzhu Plastic retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 Cangzhou Ownership Details

Cangzhou Mingzhu Plastic Risk Profiles

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

Cangzhou Stock Against Markets

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Cangzhou Mingzhu Corporate Management

Elected by the shareholders, the Cangzhou Mingzhu's board of directors comprises two types of representatives: Cangzhou Mingzhu inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cangzhou. The board's role is to monitor Cangzhou Mingzhu's management team and ensure that shareholders' interests are well served. Cangzhou Mingzhu's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cangzhou Mingzhu's outside directors are responsible for providing unbiased perspectives on the board's policies.
Chuan GuDeputy ManagerProfile
Dong LiDeputy ManagerProfile
Shu GaoDeputy ManagerProfile
Zhao SunDeputy ManagerProfile

Other Information on Investing in Cangzhou Stock

Cangzhou Mingzhu financial ratios help investors to determine whether Cangzhou 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 Cangzhou with respect to the benefits of owning Cangzhou Mingzhu security.