Elite Color (China) Today

002998 Stock   6.62  0.22  3.22%   

Performance

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Odds Of Distress

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Elite Color is trading at 6.62 as of the 25th of November 2024, a 3.22% down since the beginning of the trading day. The stock's open price was 6.84. Elite Color has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Elite Color Environmental are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of June 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Elite Color is entity of China. It is traded as Stock on SHE exchange. The company has 326.4 M outstanding shares. More on Elite Color Environmental

Moving together with Elite Stock

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Moving against Elite Stock

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Elite 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. Elite Color's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Elite Color or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
GM ChairmanZexin Dai
Thematic IdeaIron (View all Themes)
Business ConcentrationSpecialty Chemicals, Basic Materials, Iron, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Elite Color's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Elite Color'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
Elite Color 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 Elite Color's financial leverage. It provides some insight into what part of Elite Color's total assets is financed by creditors.
Liquidity
Elite Color 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. Elite Color Environmental has accumulated 758.89 M in total debt. Debt can assist Elite Color until it has trouble settling it off, either with new capital or with free cash flow. So, Elite Color'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 Elite Color Environmental sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elite to invest in growth at high rates of return. When we think about Elite Color's use of debt, we should always consider it together with cash and equity.

Change To Inventory

63.39 Million
Elite Color Environmental (002998) is traded on Shenzhen Stock Exchange in China and employs 1,151 people. Elite Color is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elite Color's market, we take the total number of its shares issued and multiply it by Elite Color'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. Elite Color Environmental operates under Chemicals sector and is part of Materials industry. The entity has 326.4 M outstanding shares. Elite Color generates positive cash flow from operations, but has no cash available
Check Elite Color Probability Of Bankruptcy
Ownership Allocation
Elite Color holds a total of 326.4 Million outstanding shares. Elite Color Environmental 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 Elite Ownership Details

Elite Color Environmental Risk Profiles

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

Elite Stock Against Markets

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Elite Color Corporate Management

Elected by the shareholders, the Elite Color's board of directors comprises two types of representatives: Elite Color inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Elite. The board's role is to monitor Elite Color's management team and ensure that shareholders' interests are well served. Elite Color'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, Elite Color's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dangfeng PuDeputy ManagerProfile
Mengqian DaiSecretary GMProfile
Ping XuChief OfficerProfile
Guoqing WangDeputy ManagerProfile

Other Information on Investing in Elite Stock

Elite Color financial ratios help investors to determine whether Elite 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 Elite with respect to the benefits of owning Elite Color security.