Guoguang Electric (China) Today

688776 Stock   59.97  1.23  2.09%   

Performance

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Odds Of Distress

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Guoguang Electric is trading at 59.97 as of the 30th of November 2024, a 2.09 percent up since the beginning of the trading day. The stock's open price was 58.74. Guoguang Electric 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 Guoguang Electric Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Capital Goods
Category
Industrials
Guoguang Electric is entity of China. It is traded as Stock on SHG exchange. The company has 108.38 M outstanding shares. More on Guoguang Electric Co

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Guoguang 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. Guoguang Electric's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Guoguang Electric or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationIndustrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors)
Guoguang Electric's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Guoguang Electric'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
Guoguang Electric 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 Guoguang Electric's financial leverage. It provides some insight into what part of Guoguang Electric's total assets is financed by creditors.
Liquidity
Guoguang Electric 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. Guoguang Electric Co has accumulated 438.81 K in total debt. Debt can assist Guoguang Electric until it has trouble settling it off, either with new capital or with free cash flow. So, Guoguang Electric'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 Guoguang Electric sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Guoguang to invest in growth at high rates of return. When we think about Guoguang Electric's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(7.83 Million)
Guoguang Electric Co (688776) is traded on Shanghai Stock Exchange in China and employs 974 people. Guoguang Electric is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Guoguang Electric's market, we take the total number of its shares issued and multiply it by Guoguang Electric'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. Guoguang Electric operates under Machinery sector and is part of Industrials industry. The entity has 108.38 M outstanding shares. Guoguang Electric generates positive cash flow from operations, but has no cash available
Check Guoguang Electric Probability Of Bankruptcy
Ownership Allocation
Guoguang Electric Co has a total of 108.38 Million outstanding shares. Guoguang Electric 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. 67.27 (percent) of Guoguang Electric 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 Guoguang Ownership Details

Guoguang Electric Risk Profiles

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

Guoguang Stock Against Markets

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Other Information on Investing in Guoguang Stock

Guoguang Electric financial ratios help investors to determine whether Guoguang 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 Guoguang with respect to the benefits of owning Guoguang Electric security.