Olympic Circuit (China) Today

603920 Stock   30.58  0.27  0.89%   

Performance

15 of 100

 
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Odds Of Distress

Less than 10

 
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Olympic Circuit is trading at 30.58 as of the 25th of November 2024, a 0.89 percent increase since the beginning of the trading day. The stock's open price was 30.31. Olympic Circuit has less than a 10 % 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 Olympic Circuit Technology 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
Technology
Classification
Information Technology
Olympic Circuit is entity of China. It is traded as Stock on SHG exchange. The company has 665.53 M outstanding shares. More on Olympic Circuit Technology

Moving together with Olympic Stock

  0.72600519 Kweichow MoutaiPairCorr

Moving against Olympic Stock

  0.37601857 PetroChinaPairCorr

Olympic 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. Olympic Circuit's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Olympic Circuit or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, IT, Computers, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology, Computing (View all Sectors)
Olympic Circuit's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Olympic Circuit'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
Olympic Circuit 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 Olympic Circuit's financial leverage. It provides some insight into what part of Olympic Circuit's total assets is financed by creditors.
Liquidity
Olympic Circuit 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. Olympic Circuit Technology has accumulated 2.79 B in total debt. Debt can assist Olympic Circuit until it has trouble settling it off, either with new capital or with free cash flow. So, Olympic Circuit'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 Olympic Circuit Tech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Olympic to invest in growth at high rates of return. When we think about Olympic Circuit's use of debt, we should always consider it together with cash and equity.

Change To Inventory

25.24 Million
Olympic Circuit Technology (603920) is traded on Shanghai Stock Exchange in China and employs 6,546 people. Olympic Circuit 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 20.04 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Olympic Circuit's market, we take the total number of its shares issued and multiply it by Olympic Circuit'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. Olympic Circuit Tech operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 665.53 M outstanding shares. Olympic Circuit generates positive cash flow from operations, but has no cash available
Check Olympic Circuit Probability Of Bankruptcy
Ownership Allocation
Olympic Circuit owns a total of 665.53 Million outstanding shares. Olympic Circuit has 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 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 Olympic Ownership Details

Olympic Circuit Tech Risk Profiles

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

Olympic Stock Against Markets

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Other Information on Investing in Olympic Stock

Olympic Circuit financial ratios help investors to determine whether Olympic 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 Olympic with respect to the benefits of owning Olympic Circuit security.