Sobute New (China) Today
| 603916 Stock | 8.48 0.08 0.95% |
Performance12 of 100
| Odds Of DistressLess than 1
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Sobute New is trading at 8.48 as of the 3rd of December 2024, a 0.95 percent increase since the beginning of the trading day. The stock's open price was 8.4. Sobute New 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 Sobute New Materials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2024 and ending today, the 3rd of December 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Sobute New is entity of China. It is traded as Stock on SHG exchange. The company has 432.89 M outstanding shares. More on Sobute New Materials
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Sobute 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. Sobute New's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sobute New or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Plastics (View all Themes) | ||||
| Business Concentration | Specialty Chemicals, Building Materials, Basic Materials, Plastics, Materials, Chemicals, Building Materials, Basic Materials (View all Sectors) | ||||
Sobute New's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sobute 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 LevelsSobute 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 Sobute New's financial leverage. It provides some insight into what part of Sobute New's total assets is financed by creditors.
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Sobute New Materials (603916) is traded on Shanghai Stock Exchange in China and employs 3,026 people. Sobute New is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sobute New's market, we take the total number of its shares issued and multiply it by Sobute 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. Sobute New Materials operates under Chemicals sector and is part of Materials industry. The entity has 432.89 M outstanding shares.
Sobute New generates positive cash flow from operations, but has no cash available
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Ownership AllocationSobute New Materials shows a total of 432.89 Million outstanding shares. Sobute New Materials maintains 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 owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Sobute New Materials Risk Profiles
Although Sobute New's alpha and beta are two of the key measurements used to evaluate Sobute New's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.91 | |||
| Semi Deviation | 2.48 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.77 |
Sobute Stock Against Markets
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Other Information on Investing in Sobute Stock
Sobute New financial ratios help investors to determine whether Sobute 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 Sobute with respect to the benefits of owning Sobute New security.