Qijing Machinery (China) Today

603677 Stock   13.15  0.50  3.95%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 2

 
High
 
Low
Very Low
Qijing Machinery is trading at 13.15 as of the 25th of November 2024, a 3.95% up since the beginning of the trading day. The stock's open price was 12.65. Qijing Machinery has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Qijing Machinery are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
Category
Consumer Cyclical
Classification
Information Technology
Qijing Machinery is entity of China. It is traded as Stock on SHG exchange. The company has 192.15 M outstanding shares. More on Qijing Machinery

Moving together with Qijing Stock

  0.71600519 Kweichow MoutaiPairCorr

Moving against Qijing Stock

  0.32601857 PetroChinaPairCorr

Qijing 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. Qijing Machinery's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Qijing Machinery or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaFarming (View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, Farming, Information Technology, Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology (View all Sectors)
Qijing Machinery's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Qijing Machinery'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
Qijing Machinery 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 Qijing Machinery's financial leverage. It provides some insight into what part of Qijing Machinery's total assets is financed by creditors.
Liquidity
Qijing Machinery 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. Qijing Machinery has accumulated 95.09 M in total debt. Debt can assist Qijing Machinery until it has trouble settling it off, either with new capital or with free cash flow. So, Qijing Machinery'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 Qijing Machinery sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Qijing to invest in growth at high rates of return. When we think about Qijing Machinery's use of debt, we should always consider it together with cash and equity.

Dividends Paid

46.89 Million
Qijing Machinery (603677) is traded on Shanghai Stock Exchange in China and employs 2,493 people. Qijing Machinery is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.43 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Qijing Machinery's market, we take the total number of its shares issued and multiply it by Qijing Machinery'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. Qijing Machinery operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 192.15 M outstanding shares. Qijing Machinery generates positive cash flow from operations, but has no cash available
Check Qijing Machinery Probability Of Bankruptcy
Ownership Allocation
Qijing Machinery owns a total of 192.15 Million outstanding shares. Qijing Machinery holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 74.34 pct. of Qijing Machinery outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Qijing Ownership Details

Qijing Machinery Risk Profiles

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

Qijing Stock Against Markets

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Qijing Machinery Corporate Management

Elected by the shareholders, the Qijing Machinery's board of directors comprises two types of representatives: Qijing Machinery inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Qijing. The board's role is to monitor Qijing Machinery's management team and ensure that shareholders' interests are well served. Qijing Machinery'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, Qijing Machinery's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mingqi YeVPProfile
Dongmin WangVP PurchasingProfile
Qing LiuSupervisor DepartmentProfile
Lin TianBoard SecretaryProfile

Other Information on Investing in Qijing Stock

Qijing Machinery financial ratios help investors to determine whether Qijing 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 Qijing with respect to the benefits of owning Qijing Machinery security.