Chongqing Gas (China) Today

600917 Stock   6.41  0.05  0.79%   

Performance

12 of 100

 
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Odds Of Distress

Less than 17

 
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Chongqing Gas is trading at 6.41 as of the 29th of November 2024, a 0.79 percent increase since the beginning of the trading day. The stock's open price was 6.36. Chongqing Gas has less than a 17 % 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 Chongqing Gas Grp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of June 2023 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Utilities
Chongqing Gas is entity of China. It is traded as Stock on SHG exchange. The company has 1.57 B outstanding shares. More on Chongqing Gas Grp

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Chongqing 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. Chongqing Gas' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Chongqing Gas or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President UnionCan Wu
Business ConcentrationGas Utilities, Utilities - Regulated Gas, Utilities, Utilities, Gas Utilities, Utilities-Regulated Gas, Utilities (View all Sectors)
Chongqing Gas' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Chongqing Gas' 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
Chongqing Gas 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 Chongqing Gas' financial leverage. It provides some insight into what part of Chongqing Gas' total assets is financed by creditors.
Liquidity
Chongqing Gas 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. Chongqing Gas Grp has accumulated 364 M in total debt. Debt can assist Chongqing Gas until it has trouble settling it off, either with new capital or with free cash flow. So, Chongqing Gas' 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 Chongqing Gas Grp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chongqing to invest in growth at high rates of return. When we think about Chongqing Gas' use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

15.94 Million
Chongqing Gas Grp (600917) is traded on Shanghai Stock Exchange in China and employs 10 people. Chongqing Gas is listed under Gas Utilities category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chongqing Gas's market, we take the total number of its shares issued and multiply it by Chongqing Gas'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. Chongqing Gas Grp operates under Gas Utilities sector and is part of Utilities industry. The entity has 1.57 B outstanding shares. Chongqing Gas generates positive cash flow from operations, but has no cash available
Check Chongqing Gas Probability Of Bankruptcy
Ownership Allocation
Chongqing Gas holds a total of 1.57 Billion outstanding shares. Chongqing Gas Grp 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 Chongqing Ownership Details

Chongqing Gas Grp Risk Profiles

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

Chongqing Stock Against Markets

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Odds Of Bankruptcy

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Chongqing Gas Corporate Executives

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

Other Information on Investing in Chongqing Stock

Chongqing Gas financial ratios help investors to determine whether Chongqing 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 Chongqing with respect to the benefits of owning Chongqing Gas security.