Tongling Competitors

000630 Stock

3.26 0.06 1.87%

Tongling Nonferrous competes with Runjian Communication, Guangxi Wuzhou, Guolin Environmental, Fujian Nanwang, and Hang Xiao; as well as few others. The company operates under Metals & Mining sector and is part of Materials industry. Analyzing Tongling Nonferrous competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Tongling Nonferrous to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Tongling Nonferrous Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Tongling Nonferrous competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
1.84	3.20	4.56

Details

Intrinsic

Valuation

Low	Real	High
1.93	3.29	4.65

Details

Naive

Forecast

Low	Next	High
1.76	3.12	4.48

Details

Earnings

Estimates (0)

Low	Projected EPS	High
0.02	0.02	0.02

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tongling Nonferrous. Your research has to be compared to or analyzed against Tongling Nonferrous' peers to derive any actionable benefits. When done correctly, Tongling Nonferrous' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tongling Nonferrous.

Tongling Nonferrous Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tongling Nonferrous and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Tongling and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Tongling Nonferrous does not affect the price movement of the other competitor.

	002929	600368	300786	301355	600477	300815	600131
002929		0.03	-0.1	-0.31	0.34	0.2	0.08	002929
600368	0.03		-0.24	0.38	-0.33	-0.11	-0.42	600368
300786	-0.1	-0.24		0.01	0.74	0.76	0.82	300786
301355	-0.31	0.38	0.01		-0.16	-0.16	-0.2	301355
600477	0.34	-0.33	0.74	-0.16		0.79	0.87	600477
300815	0.2	-0.11	0.76	-0.16	0.79		0.8	300815
600131	0.08	-0.42	0.82	-0.2	0.87	0.8		600131
	002929	600368	300786	301355	600477	300815	600131

Click cells to compare fundamentals

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High positive correlations

600131	+ 0.87	600477
600131	+ 0.82	300786
600131	+ 0.8	300815
300815	+ 0.79	600477
300815	+ 0.76	300786
600477	+ 0.74	300786

High negative correlations

600131	- 0.42	600368
600477	- 0.33	600368
301355	- 0.31	002929
300786	- 0.24	600368
600131	- 0.2	301355
300815	- 0.16	301355

Risk-Adjusted Indicators

There is a big difference between Tongling Stock performing well and Tongling Nonferrous Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tongling Nonferrous' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
002929	3.31	1.27	0.38	(13.04)	2.68	(4.06)	10.00	(4.81)	18.41
600368	2.37	0.18	0.06	(0.51)	2.94	(2.64)	5.47	(5.22)	18.97
300786	2.96	0.16	0.03	1.16	4.57	(2.73)	6.10	(7.82)	36.56
301355	1.34	0.12	0.05	(1.05)	2.31	(1.52)	3.67	(2.06)	16.74
600477	1.92	0.09	0.05	(0.22)	2.05	(2.37)	3.74	(3.62)	16.17
300815	1.51	0.09	0.05	3.71	1.97	(1.45)	3.52	(3.22)	8.78
600131	1.89	(0.04)	0.00	(0.08)	0.00	0.00	4.80	(3.22)	12.79

Cross Equities Net Income Analysis

Compare Tongling Nonferrous and related stocks such as Runjian Communication, Guangxi Wuzhou Commu, and Guolin Environmental Tech Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
002929	68.7 M	68.7 M	68.7 M	68.7 M	106.5 M	145.1 M	178.8 M	239.4 M	205.9 M	230 M	238.7 M	353 M	424.2 M	438.5 M	504.3 M	262.9 M
600368	83 M	243.3 M	316.9 M	191.8 M	73.4 M	(95.6 M)	222.2 M	367.7 M	424.1 M	877.7 M	564.3 M	701.7 M	581.8 M	660.7 M	759.8 M	797.8 M
300786	16.3 M	16.3 M	16.3 M	16.3 M	18.9 M	29.4 M	33.5 M	45 M	60.9 M	71.8 M	80 M	76 M	17.9 M	(29.1 M)	(33.5 M)	(31.8 M)
600477	11.4 M	70.6 M	44.6 M	44.6 M	59.3 M	120.5 M	448.8 M	768 M	568 M	468.9 M	723.9 M	411.6 M	267.9 M	293.6 M	337.7 M	230.9 M
300815	108 M	108 M	108 M	108 M	108 M	108 M	108 M	154.3 M	182.4 M	312.8 M	631 M	472.5 M	494.3 M	521.1 M	599.3 M	395.5 M
600131	30.4 M	128.1 M	70.6 M	156.1 M	156.1 M	126.7 M	164.1 M	80 M	102.9 M	487 M	623.4 M	677.1 M	801.6 M	828.2 M	952.5 M	1 B

Tongling Nonferrous and related stocks such as Runjian Communication, Guangxi Wuzhou Commu, and Guolin Environmental Tech Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Tongling Nonferrous financial statement analysis. It represents the amount of money remaining after all of Tongling Nonferrous Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Tongling Nonferrous Competitive Analysis

The better you understand Tongling Nonferrous competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tongling Nonferrous' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Tongling Nonferrous' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	000630	002929	600368	300786	301355	600477	300815	600131
	1.87 3.26 Tongling	2.32 63.48 Runjian	0.47 4.27 Guangxi	0.07 15.16 Guolin	0.75 12.10 Fujian	2.40 2.99 Hang	0.84 16.73 Eit	0.14 20.91 State
Market Volatility (90 Days Market Risk)	Somewhat reliable	Very steady	Relatively risky	Somewhat reliable	Not too volatile	Unstable	Not too volatile	Not too volatile
Market Performance (90 Days Performance)	Very Weak	Solid	Modest	Weak	Very Weak	Insignificant	Modest	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Very Small	Low	Low	Low	Low	Very Small	Low	Very Small
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Cautious Hold	Hold
Net Asset	78.25 B	14.85 B	9.46 B	1.76 B	N/A	16.42 B	7.34 B	13.57 B
Profit Margin	0.02 %	0.04 %	0.41 %	(0.12) %	0.04 %	0.03 %	0.08 %	0.10 %
EBITDA	9.66 B	842.65 M	1.06 B	51.94 M	70.18 M	599.13 M	1.23 B	866.82 M
Operating Margin	0.04 %	0.04 %	0.53 %	0.10 %	0.05 %	0.08 %	0.15 %	0.05 %
Current Valuation	56.33 B	21.53 B	7.92 B	2.82 B	2.34 B	11.7 B	7.86 B	23.21 B
Price To Book	1.24 X	2.89 X	1.02 X	2.38 X	1.54 X	1.36 X	1.65 X	3.94 X
Retained Earnings	11.19 B	2.28 B	3.96 B	351.81 M	N/A	1.81 B	2.44 B	3.39 B
Beta	0.71	-0.19	0.36	0.62	N/A	0.5	-0.19	0.54
Number Of Employees	12.16 K	6.26 K	827	888	1.85 K	8.29 K	91.93 K	1.24 K
Shares Outstanding	12.79 B	281.83 M	1.61 B	184.02 M	195.1 M	2.37 B	398.59 M	1.2 B
Cash Flow From Operations	5.92 B	192.88 M	987.78 M	(16.89 M)	N/A	(561.19 M)	328.01 M	919.03 M
Annual Yield	0.02 %	0 %	N/A	N/A	0.03 %	N/A	0.01 %	N/A
Total Debt	9.65 B	2.11 B	120 M	162.04 M	N/A	3.72 B	909.08 M	100 M
Return On Equity	0.0984	0.0462	0.1	-0.0514	0.0327	0.0465	0.15	0.13
Return On Asset	0.044	0.0135	0.0474	-0.0192	0.0072	0.0157	0.0755	0.0362
Book Value Per Share	2.63 X	22.21 X	4.19 X	6.46 X	7.89 X	2.21 X	10.12 X	5.31 X
Total Asset	78.25 B	14.85 B	9.46 B	1.76 B	N/A	16.42 B	7.34 B	13.57 B
Target Price	4.5	32.0	9.4	N/A	N/A	4.3	22.45	20.96
Last Dividend Paid	0.079	0.25	0.11	N/A	0.1	0.05	0.2	0.21
Shares Owned By Institutions	6.45 %	1.87 %	1.07 %	6.92 %	2.33 %	2.23 %	2.99 %	9.67 %
Market Capitalization	41.45 B	16.96 B	6.81 B	2.88 B	2.58 B	6.89 B	6.49 B	24.5 B
Price To Earnings To Growth	0.49 X	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Price To Sales	0.29 X	1.97 X	4.08 X	5.98 X	2.01 X	0.76 X	0.94 X	3.28 X
Net Income	2.7 B	399.78 M	660.67 M	(29.14 M)	N/A	293.62 M	521.14 M	835.97 M
Earnings Per Share	0.22 X	0.79 X	0.32 X	(0.33) X	0.27 X	0.11 X	1.40 X	0.66 X
Shares Owned By Insiders	49.71 %	51.80 %	56.64 %	35.82 %	57.98 %	44.00 %	64.26 %	64.53 %
Revenue	137.45 B	8.83 B	1.63 B	399.77 M	1.29 B	10.82 B	6.16 B	7.67 B
Working Capital	17.22 B	2.14 B	424.63 M	471.65 M	N/A	1.83 B	2.4 B	3.81 B
Gross Profit	9.69 B	1.37 B	990.45 M	68.22 M	200.55 M	1.5 B	1.62 B	1.64 B
Day Typical Price	3.26	63.52	4.27	15.13	12.15	3.01	16.83	20.95
Accumulation Distribution	6.7 M	2.1 M	255119.0	262022.0	385519.0	3.7 M	226724.0	679723.0
Daily Balance Of Power	0.6667	(0.39)	0.3333	0.0263	0.15	0.5833	0.3111	(0.04)
Period Momentum Indicator	0.06	(1.51)	0.02	0.01	0.09	0.07	0.14	(0.03)
Rate Of Daily Change	1.02	0.98	1.0	1.0	1.01	1.02	1.01	1.0
Day Median Price	3.26	63.55	4.27	15.11	12.18	3.02	16.88	20.97
Price Action Indicator	0.035	(0.82)	0.01	0.055	(0.04)	0.005	(0.09)	(0.07)
Relative Strength Index	46.35	81.66	47.73	52.12	46.77	54.91	56.02	51.17
Coefficient Of Variation	(3,281)	341.4	1766.07	2818.79	1595.89	2505.95	2037.19	(8,893)
Mean Deviation	0.9655	3.31	2.37	2.96	1.34	1.92	1.51	1.89
Jensen Alpha	(0.05)	1.27	0.1827	0.1552	0.1248	0.095	0.0891	(0.04)
Total Risk Alpha	(0.04)	1.31	0.2153	0.195	0.1446	0.1216	0.1066	(0.02)
Sortino Ratio	N/A	0.381	0.0603	0.0308	0.0529	0.046	0.0461	N/A
Downside Variance	N/A	11.19	10.1	27.22	6.22	5.16	4.28	N/A
Standard Deviation	1.35	4.36	3.44	4.63	2.16	2.7	2.02	2.59
Kurtosis	2.7	0.0988	2.11	6.43	13.47	4.13	0.8492	1.18
Potential Upside	1.88	10.0	5.47	6.1	3.67	3.74	3.52	4.8
Treynor Ratio	(0.33)	(13.04)	(0.51)	1.16	(1.05)	(0.22)	3.71	(0.08)
Maximum Drawdown	8.78	18.41	18.97	36.56	16.74	16.17	8.78	12.79
Variance	1.83	19.02	11.87	21.45	4.68	7.31	4.06	6.71
Market Risk Adjusted Performance	(0.32)	(13.03)	(0.50)	1.17	(1.04)	(0.21)	3.72	(0.07)
Risk Adjusted Performance	(0.02)	0.2239	0.0495	0.0345	0.0527	0.0366	0.0425	(0)
Skewness	0.5412	0.4978	0.6448	0.3689	(2.19)	1.32	0.3831	0.8123
Semi Deviation	N/A	2.68	2.94	4.57	2.31	2.05	1.97	N/A
Information Ratio	(0.03)	0.2921	0.0556	0.0347	0.061	0.0386	0.0473	(0.01)
Value At Risk	(1.83)	(4.81)	(5.22)	(7.82)	(2.06)	(3.62)	(3.22)	(3.22)
Expected Short fall	N/A	(4.06)	(2.64)	(2.73)	(1.52)	(2.37)	(1.45)	N/A
Downside Deviation	N/A	3.34	3.18	5.22	2.49	2.27	2.07	N/A
Semi Variance	N/A	7.18	8.67	20.9	5.33	4.21	3.88	N/A

Tongling Nonferrous Competition Performance Charts

Five steps to successful analysis of Tongling Nonferrous Competition

Tongling Nonferrous' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Tongling Nonferrous in relation to its competition. Tongling Nonferrous' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Tongling Nonferrous in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Tongling Nonferrous' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Tongling Nonferrous, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Tongling Nonferrous position

In addition to having Tongling Nonferrous in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 45 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate Bonds Funds Theme or any other thematic opportunities.

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Tongling Nonferrous financial ratios help investors to determine whether Tongling 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 Tongling with respect to the benefits of owning Tongling Nonferrous security.

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Tongling Competitors

Specify up to 10 symbols:

Tongling Nonferrous Competition Correlation Matrix

Risk-Adjusted Indicators

Cross Equities Net Income Analysis

Tongling Nonferrous and related stocks such as Runjian Communication, Guangxi Wuzhou Commu, and Guolin Environmental Tech Net Income description

Tongling Nonferrous Competitive Analysis

Tongling Nonferrous Competition Performance Charts

Five steps to successful analysis of Tongling Nonferrous Competition

Complement your Tongling Nonferrous position

Did You Try This Idea?

Run Corporate Bonds Funds Thematic Idea Now

Corporate Bonds Funds

Other Information on Investing in Tongling Stock

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