Zhejiang Century (China) Today

002602 Stock   4.39  0.02  0.45%   

Performance

11 of 100

 
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Odds Of Distress

Less than 1

 
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Zhejiang Century is trading at 4.39 as of the 1st of December 2024, a 0.45 percent decrease since the beginning of the trading day. The stock's open price was 4.41. Zhejiang Century has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Zhejiang Century Huatong are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Automobiles & Components
IPO Date
28th of July 2011
Category
Communication Services
Classification
Consumer Discretionary
Zhejiang Century is entity of China. It is traded as Stock on SHE exchange. The company has 7.45 B outstanding shares. More on Zhejiang Century Huatong

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Zhejiang 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. Zhejiang Century's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Zhejiang Century or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman CEOJi Wang
Business ConcentrationAutomotive Parts & Equipment, Electronic Gaming & Multimedia, Consumer Discretionary, Consumer Discretionary, Automobile Components, Automobiles & Components, Consumer Discretionary (View all Sectors)
Zhejiang Century's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Zhejiang Century'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
Zhejiang Century 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 Zhejiang Century's financial leverage. It provides some insight into what part of Zhejiang Century's total assets is financed by creditors.
Liquidity
Zhejiang Century 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. Zhejiang Century Huatong has accumulated 3.79 B in total debt. Debt can assist Zhejiang Century until it has trouble settling it off, either with new capital or with free cash flow. So, Zhejiang Century'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 Zhejiang Century Huatong sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zhejiang to invest in growth at high rates of return. When we think about Zhejiang Century's use of debt, we should always consider it together with cash and equity.

Dividends Paid

205.17 Million
Zhejiang Century Huatong (002602) is traded on Shenzhen Stock Exchange in China and employs 5,656 people. Zhejiang Century is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 32.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Zhejiang Century's market, we take the total number of its shares issued and multiply it by Zhejiang Century'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. Zhejiang Century Huatong operates under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 7.45 B outstanding shares. Zhejiang Century generates positive cash flow from operations, but has no cash available
Check Zhejiang Century Probability Of Bankruptcy
Ownership Allocation
Zhejiang Century Huatong retains a total of 7.45 Billion outstanding shares. Zhejiang Century Huatong owns 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 shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Zhejiang Ownership Details

Zhejiang Century Huatong Risk Profiles

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

Zhejiang Stock Against Markets

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Zhejiang Century Corporate Executives

Elected by the shareholders, the Zhejiang Century's board of directors comprises two types of representatives: Zhejiang Century inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zhejiang. The board's role is to monitor Zhejiang Century's management team and ensure that shareholders' interests are well served. Zhejiang Century'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, Zhejiang Century's outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Zhejiang Stock

Zhejiang Century financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Century security.