Longxing Chemical (China) Today

002442 Stock   5.65  0.05  0.88%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Longxing Chemical is trading at 5.65 as of the 30th of November 2024, a 0.88 percent decrease since the beginning of the trading day. The stock's open price was 5.7. Longxing Chemical has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Longxing Chemical Stock are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
6th of July 2010
Category
Basic Materials
Longxing Chemical is entity of China. It is traded as Stock on SHE exchange. The company has 503.29 M outstanding shares. More on Longxing Chemical Stock

Moving together with Longxing Stock

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Moving against Longxing Stock

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Longxing 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. Longxing Chemical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Longxing Chemical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaSynthetics (View all Themes)
Business ConcentrationCommodity Chemicals, Specialty Chemicals, Basic Materials, Synthetics, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Longxing Chemical's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Longxing Chemical'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
Longxing Chemical 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 Longxing Chemical's financial leverage. It provides some insight into what part of Longxing Chemical's total assets is financed by creditors.
Liquidity
Longxing Chemical 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. Longxing Chemical Stock has accumulated 832.97 M in total debt. Debt can assist Longxing Chemical until it has trouble settling it off, either with new capital or with free cash flow. So, Longxing Chemical'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 Longxing Chemical Stock sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Longxing to invest in growth at high rates of return. When we think about Longxing Chemical's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(156.71 Million)
Longxing Chemical Stock (002442) is traded on Shenzhen Stock Exchange in China and employs 1,484 people. Longxing Chemical is listed under Commodity Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Longxing Chemical's market, we take the total number of its shares issued and multiply it by Longxing Chemical'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. Longxing Chemical Stock operates under Chemicals sector and is part of Materials industry. The entity has 503.29 M outstanding shares. Longxing Chemical generates positive cash flow from operations, but has no cash available
Check Longxing Chemical Probability Of Bankruptcy
Ownership Allocation
Longxing Chemical Stock maintains a total of 503.29 Million outstanding shares. Longxing Chemical Stock holds 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 has, 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 Longxing Ownership Details

Longxing Chemical Stock Risk Profiles

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

Longxing Stock Against Markets

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Longxing Chemical Corporate Directors

Liang WeiGM DirectorProfile
Baoliang MaDeputy DirectorProfile
Feizhou LiuBoard DirectorProfile
Jin YangDirector CFOProfile

Other Information on Investing in Longxing Stock

Longxing Chemical financial ratios help investors to determine whether Longxing 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 Longxing with respect to the benefits of owning Longxing Chemical security.