Goertek (China) Today
| 002241 Stock | 24.81 0.35 1.39% |
Performance9 of 100
| Odds Of DistressLess than 1
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Goertek is trading at 24.81 as of the 22nd of November 2024, a 1.39 percent decrease since the beginning of the trading day. The stock's open price was 25.16. Goertek 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 Goertek are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 22nd of May 2008 | Category Technology | Classification Information Technology |
Goertek is entity of China. It is traded as Stock on SHE exchange. The company has 3.43 B outstanding shares. More on Goertek
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Goertek 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. Goertek's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Goertek or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Vice President | Chunfa Liu | ||||
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, Information Technology, Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology (View all Sectors) | ||||
Goertek's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Goertek'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 LevelsGoertek 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 Goertek's financial leverage. It provides some insight into what part of Goertek's total assets is financed by creditors.
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Goertek (002241) is traded on Shenzhen Stock Exchange in China and employs 81,370 people. Goertek is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 88.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goertek's market, we take the total number of its shares issued and multiply it by Goertek'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. Goertek operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 3.43 B outstanding shares.
Goertek generates positive cash flow from operations, but has no cash available
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Ownership AllocationGoertek has a total of 3.43 Billion outstanding shares. Goertek secures 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 holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Goertek Risk Profiles
Although Goertek's alpha and beta are two of the key measurements used to evaluate Goertek's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.57 | |||
| Semi Deviation | 2.74 | |||
| Standard Deviation | 3.41 | |||
| Variance | 11.63 |
Goertek Stock Against Markets
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Other Information on Investing in Goertek Stock
Goertek financial ratios help investors to determine whether Goertek 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 Goertek with respect to the benefits of owning Goertek security.