Jiangsu New (China) Today

603693 Stock   9.98  0.37  3.57%   

Performance

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Odds Of Distress

Less than 9

 
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Jiangsu New is trading at 9.98 as of the 22nd of November 2024, a 3.57 percent decrease since the beginning of the trading day. The stock's open price was 10.35. Jiangsu New has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Jiangsu New Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of December 2022 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Utilities
Jiangsu New is entity of China. It is traded as Stock on SHG exchange. The company has 891.48 M outstanding shares. More on Jiangsu New Energy

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Jiangsu 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. Jiangsu New's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Jiangsu New or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationIndependent Power and Renewable Electricity Producers, Utilities - Renewable, Utilities, Energy, Utilities, Independent Power and Renewable Electricity Producers, Utilities-Renewable, Utilities (View all Sectors)
Jiangsu New's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Jiangsu New'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
Jiangsu New 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 Jiangsu New's financial leverage. It provides some insight into what part of Jiangsu New's total assets is financed by creditors.
Liquidity
Jiangsu New 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. Jiangsu New Energy has accumulated 9.07 B in total debt. Debt can assist Jiangsu New until it has trouble settling it off, either with new capital or with free cash flow. So, Jiangsu New'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 Jiangsu New Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jiangsu to invest in growth at high rates of return. When we think about Jiangsu New's use of debt, we should always consider it together with cash and equity.

Net Borrowings

987.86 Million
Jiangsu New Energy (603693) is traded on Shanghai Stock Exchange in China and employs 593 people. Jiangsu New is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Jiangsu New's market, we take the total number of its shares issued and multiply it by Jiangsu New'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. Jiangsu New Energy operates under Independent Power and Renewable Electricity Producers sector and is part of Utilities industry. The entity has 891.48 M outstanding shares. Jiangsu New generates positive cash flow from operations, but has no cash available
Check Jiangsu New Probability Of Bankruptcy
Ownership Allocation
Jiangsu New Energy has a total of 891.48 Million outstanding shares. Jiangsu New retains 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. 84.59 (percent) of Jiangsu New outstanding shares that are owned by insiders attests that 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 holds, 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 Jiangsu Ownership Details

Jiangsu New Energy Risk Profiles

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

Jiangsu Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Jiangsu New without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Jiangsu New Corporate Management

Elected by the shareholders, the Jiangsu New's board of directors comprises two types of representatives: Jiangsu New inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jiangsu. The board's role is to monitor Jiangsu New's management team and ensure that shareholders' interests are well served. Jiangsu New'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, Jiangsu New's outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Jiangsu Stock

Jiangsu New financial ratios help investors to determine whether Jiangsu 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 Jiangsu with respect to the benefits of owning Jiangsu New security.