Hexing Electrical (China) Today
Hexing Electrical is trading at 38.80 as of the 28th of November 2024, a 0.39 percent decrease since the beginning of the trading day. The stock's open price was 38.95. Equity ratings for Hexing Electrical Co 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 Technology Hardware & Equipment | Category Industrials | Classification Information Technology |
Valuation Profit Patterns
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Hexing 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. Hexing Electrical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hexing Electrical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, Information Technology, Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology (View all Sectors) | ||||
Hexing Electrical's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hexing Electrical'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 LevelsHexing Electrical 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 Hexing Electrical's financial leverage. It provides some insight into what part of Hexing Electrical's total assets is financed by creditors.
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Hexing Electrical Co (603556) is traded on Shanghai Stock Exchange in China and employs 2,641 people. Hexing Electrical is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 17.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hexing Electrical's market, we take the total number of its shares issued and multiply it by Hexing Electrical'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. Hexing Electrical operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 488.68 M outstanding shares.
Hexing Electrical generates positive cash flow from operations, but has no cash available
Check Hexing Electrical Probability Of Bankruptcy
Hexing Electrical Risk Profiles
Although Hexing Electrical's alpha and beta are two of the key measurements used to evaluate Hexing Electrical's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.61 | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.45 | |||
| Risk Adjusted Performance | (0.01) |
Hexing Stock Against Markets
| 603556 | 0.39 |
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| Competition | Refresh |
Hexing Electrical Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hexing Electrical stock to make a market-neutral strategy. Peer analysis of Hexing Electrical could also be used in its relative valuation, which is a method of valuing Hexing Electrical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hexing Electrical Corporate Executives
Elected by the shareholders, the Hexing Electrical's board of directors comprises two types of representatives: Hexing Electrical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hexing. The board's role is to monitor Hexing Electrical's management team and ensure that shareholders' interests are well served. Hexing Electrical'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, Hexing Electrical's outside directors are responsible for providing unbiased perspectives on the board's policies.
Other Information on Investing in Hexing Stock
Hexing Electrical financial ratios help investors to determine whether Hexing 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 Hexing with respect to the benefits of owning Hexing Electrical security.