Touchstone International (China) Today

688013 Stock   19.17  0.71  3.85%   

Performance

15 of 100

 
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Strong
Good

Odds Of Distress

Less than 1

 
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Very Small
Touchstone International is trading at 19.17 as of the 25th of November 2024, a 3.85 percent increase since the beginning of the trading day. The stock's open price was 18.46. Touchstone International 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 Touchstone International Medical 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
Health Care Equipment & Services
Category
Healthcare
Classification
Health Care
Touchstone International is entity of China. It is traded as Stock on SHG exchange. The company has 81.16 M outstanding shares. More on Touchstone International Medical

Moving together with Touchstone Stock

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Moving against Touchstone Stock

  0.46600028 China Petroleum ChemicalPairCorr

Touchstone 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. Touchstone International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Touchstone International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaDrugs (View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Drugs, Health Care, Health Care Equipment & Supplies, Medical Instruments & Supplies, Healthcare (View all Sectors)
Touchstone International's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Touchstone International'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
Touchstone International 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 Touchstone International's financial leverage. It provides some insight into what part of Touchstone International's total assets is financed by creditors.
Liquidity
Touchstone International 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. Touchstone International Medical has accumulated 666.35 K in total debt. Debt can assist Touchstone International until it has trouble settling it off, either with new capital or with free cash flow. So, Touchstone International'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 Touchstone International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Touchstone to invest in growth at high rates of return. When we think about Touchstone International's use of debt, we should always consider it together with cash and equity.

Change To Inventory

4.37 Million
Touchstone International Medical (688013) is traded on Shanghai Stock Exchange in China and employs 243 people. Touchstone International is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Touchstone International's market, we take the total number of its shares issued and multiply it by Touchstone International'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. Touchstone International operates under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 81.16 M outstanding shares. Touchstone International generates positive cash flow from operations, but has no cash available
Check Touchstone International Probability Of Bankruptcy
Ownership Allocation
Touchstone International shows a total of 81.16 Million outstanding shares. Touchstone International has 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. 61.16 % of Touchstone International outstanding shares that are owned by insiders indicates 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 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.
Check Touchstone Ownership Details

Touchstone International Risk Profiles

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

Touchstone Stock Against Markets

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Touchstone International Corporate Executives

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

Other Information on Investing in Touchstone Stock

Touchstone International financial ratios help investors to determine whether Touchstone 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 Touchstone with respect to the benefits of owning Touchstone International security.