Luoyang Glass (China) Today

600876 Stock   10.40  0.18  1.76%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 25

 
High
 
Low
Low
Luoyang Glass is trading at 10.40 as of the 27th of November 2024, a 1.76 percent up since the beginning of the trading day. The stock's open price was 10.22. Luoyang Glass has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Luoyang Glass are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
8th of July 1994
Category
Industrials
Luoyang Glass is entity of China. It is traded as Stock on SHG exchange. The company has 395.68 M outstanding shares. More on Luoyang Glass

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Luoyang 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. Luoyang Glass' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Luoyang Glass or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Executive ChairmanJun Xie
Business ConcentrationBuilding Products, Building Products & Equipment, Industrials, Industrials, Building Products, Building Products & Equipment, Industrials (View all Sectors)
Luoyang Glass' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Luoyang Glass' 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
Luoyang Glass 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 Luoyang Glass' financial leverage. It provides some insight into what part of Luoyang Glass' total assets is financed by creditors.
Liquidity
Luoyang Glass 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. Luoyang Glass has accumulated 760.66 M in total debt. Debt can assist Luoyang Glass until it has trouble settling it off, either with new capital or with free cash flow. So, Luoyang Glass' 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 Luoyang Glass sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Luoyang to invest in growth at high rates of return. When we think about Luoyang Glass' use of debt, we should always consider it together with cash and equity.

Capital Expenditures

1.96 Billion
Luoyang Glass (600876) is traded on Shanghai Stock Exchange in China and employs 3,801 people. Luoyang Glass is listed under Building Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.62 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Luoyang Glass's market, we take the total number of its shares issued and multiply it by Luoyang Glass'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. Luoyang Glass operates under Building Products sector and is part of Industrials industry. The entity has 395.68 M outstanding shares. Luoyang Glass generates positive cash flow from operations, but has no cash available
Check Luoyang Glass Probability Of Bankruptcy
Ownership Allocation
Luoyang Glass maintains a total of 395.68 Million outstanding shares. Luoyang Glass 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 Luoyang Ownership Details

Luoyang Glass Risk Profiles

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

Luoyang Stock Against Markets

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Luoyang Glass Corporate Executives

Elected by the shareholders, the Luoyang Glass' board of directors comprises two types of representatives: Luoyang Glass inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Luoyang. The board's role is to monitor Luoyang Glass' management team and ensure that shareholders' interests are well served. Luoyang Glass' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Luoyang Glass' outside directors are responsible for providing unbiased perspectives on the board's policies.
Yan MaChief CFOProfile

Other Information on Investing in Luoyang Stock

Luoyang Glass financial ratios help investors to determine whether Luoyang 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 Luoyang with respect to the benefits of owning Luoyang Glass security.