Guangdong HongDa (China) Today

002683 Stock   27.56  0.66  2.34%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 2

 
High
 
Low
Very Low
Guangdong HongDa is trading at 27.56 as of the 28th of November 2024, a 2.34 percent decrease since the beginning of the trading day. The stock's open price was 28.22. Guangdong HongDa has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Guangdong HongDa Blasting are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of June 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
12th of June 2012
Category
Basic Materials
Guangdong HongDa is entity of China. It is traded as Stock on SHE exchange. The company has 760 M outstanding shares. More on Guangdong HongDa Blasting

Moving together with Guangdong Stock

  0.78600019 Baoshan Iron SteelPairCorr
  0.84002493 Rongsheng PetrochemicalPairCorr
  0.91600010 Inner Mongolia BaoTouPairCorr

Moving against Guangdong Stock

  0.47600547 Shandong Gold MiningPairCorr

Guangdong 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. Guangdong HongDa's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Guangdong HongDa or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Vice ChairmanYongqing Wang
Business ConcentrationDiversified Metals & Mining, Specialty Chemicals, Basic Materials, Materials, Metals & Mining, Specialty Chemicals, Basic Materials (View all Sectors)
Guangdong HongDa's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Guangdong HongDa'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
Guangdong HongDa 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 Guangdong HongDa's financial leverage. It provides some insight into what part of Guangdong HongDa's total assets is financed by creditors.
Liquidity
Guangdong HongDa 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. Guangdong HongDa Blasting has accumulated 205.77 M in total debt. Debt can assist Guangdong HongDa until it has trouble settling it off, either with new capital or with free cash flow. So, Guangdong HongDa'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 Guangdong HongDa Blasting sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Guangdong to invest in growth at high rates of return. When we think about Guangdong HongDa's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(314.99 Million)
Guangdong HongDa Blasting (002683) is traded on Shenzhen Stock Exchange in China and employs 8,913 people. Guangdong HongDa is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 21.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Guangdong HongDa's market, we take the total number of its shares issued and multiply it by Guangdong HongDa'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. Guangdong HongDa Blasting operates under Metals & Mining sector and is part of Materials industry. The entity has 760 M outstanding shares. Guangdong HongDa generates positive cash flow from operations, but has no cash available
Check Guangdong HongDa Probability Of Bankruptcy
Ownership Allocation
Guangdong HongDa Blasting has a total of 760 Million outstanding shares. Guangdong HongDa 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.
Check Guangdong Ownership Details

Guangdong HongDa Blasting Risk Profiles

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

Guangdong Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Guangdong HongDa without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Guangdong HongDa Corporate Management

Elected by the shareholders, the Guangdong HongDa's board of directors comprises two types of representatives: Guangdong HongDa inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Guangdong. The board's role is to monitor Guangdong HongDa's management team and ensure that shareholders' interests are well served. Guangdong HongDa'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, Guangdong HongDa's outside directors are responsible for providing unbiased perspectives on the board's policies.
Shaojuan ZhengBoard ManagerProfile
Li WangDeputy ManagerProfile
Liang FaGeneral ManagerProfile
Li CPADeputy ManagerProfile
Yu ZhouDeputy ManagerProfile

Other Information on Investing in Guangdong Stock

Guangdong HongDa financial ratios help investors to determine whether Guangdong 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 Guangdong with respect to the benefits of owning Guangdong HongDa security.