Zhejiang Competitors

600352 Stock

10.56 0.11 1.03%

Zhejiang Longsheng competes with Zhejiang Yayi, Hefei Metalforming, Northking Information, Anhui Transport, and Shanghai Yanpu; as well as few others. The company operates under Chemicals sector and is part of Materials industry. Analyzing Zhejiang Longsheng 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 Zhejiang Longsheng to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Zhejiang Longsheng 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 Zhejiang Longsheng competition on your existing holdings.

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
8.83	10.58	12.33

Details

Intrinsic

Valuation

Low	Real	High
7.33	9.08	10.83

Details

Naive

Forecast

Low	Next	High
9.13	10.88	12.63

Details

Earnings

Estimates (0)

Low	Projected EPS	High
0.00	0.00	0.00

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zhejiang Longsheng. Your research has to be compared to or analyzed against Zhejiang Longsheng's peers to derive any actionable benefits. When done correctly, Zhejiang Longsheng's 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 Zhejiang Longsheng.

Zhejiang Longsheng Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Zhejiang Longsheng 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 Zhejiang 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 Zhejiang Longsheng does not affect the price movement of the other competitor.

	301113	603011	002987	603357	605128	600744	601600	002268
301113		0.93	0.87	0.97	0.93	0.94	0.52	0.88	301113
603011	0.93		0.74	0.93	0.85	0.91	0.39	0.84	603011
002987	0.87	0.74		0.87	0.88	0.82	0.78	0.92	002987
603357	0.97	0.93	0.87		0.93	0.97	0.59	0.92	603357
605128	0.93	0.85	0.88	0.93		0.92	0.53	0.89	605128
600744	0.94	0.91	0.82	0.97	0.92		0.54	0.91	600744
601600	0.52	0.39	0.78	0.59	0.53	0.54		0.73	601600
002268	0.88	0.84	0.92	0.92	0.89	0.91	0.73		002268
	301113	603011	002987	603357	605128	600744	601600	002268

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Zhejiang Stock performing well and Zhejiang Longsheng 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 Zhejiang Longsheng's 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
301113	2.59	0.53	0.12	3.81	3.46	(2.68)	5.24	(3.89)	27.85
603011	2.71	0.52	0.13	2.44	3.20	(2.85)	6.16	(5.20)	18.58
002987	3.06	0.59	0.14	0.85	3.46	(3.23)	9.98	(6.79)	18.64
603357	2.01	0.26	0.08	2.48	2.49	(2.12)	4.07	(3.84)	16.77
605128	2.49	0.66	0.28	3.74	1.85	(3.20)	6.76	(3.29)	13.40
600744	1.99	0.35	0.10	(2.54)	2.55	(2.13)	4.05	(2.92)	19.72
601600	2.15	0.22	0.06	0.78	2.79	(2.33)	6.09	(3.93)	17.74
002268	2.70	0.58	0.17	1.48	2.74	(2.98)	9.99	(4.51)	17.81

Cross Equities Net Income Analysis

Compare Zhejiang Longsheng and related stocks such as Zhejiang Yayi Metal, Hefei Metalforming Mach, and Northking Information Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
301113	35.9 M	35.9 M	35.9 M	35.9 M	35.9 M	35.9 M	35.9 M	35.9 M	35.9 M	35.9 M	84.5 M	93.8 M	49 M	18.8 M	17.8 M
603011	57.2 M	57.2 M	47.5 M	38.1 M	27.1 M	27.1 M	51.3 M	42.1 M	51.5 M	28.3 M	25.9 M	64.3 M	13.1 M	16.6 M	30.9 M
002987	46.3 M	46.3 M	46.3 M	46.3 M	46.3 M	46.3 M	46.3 M	48.4 M	78 M	174.7 M	276.1 M	230.6 M	277 M	347.6 M	203.3 M
603357	195.8 M	195.8 M	195.8 M	195.8 M	195.8 M	195.8 M	195.8 M	288.8 M	436.8 M	324.8 M	363.2 M	388.3 M	442.8 M	488.3 M	402.7 M
605128	36.1 M	36.1 M	36.1 M	36.1 M	36.1 M	36.1 M	48.6 M	59.4 M	80.5 M	88.4 M	81.2 M	70.5 M	45.7 M	91.2 M	73.5 M
600744	177.5 M	69.5 M	69.5 M	10.7 M	381.1 M	381.1 M	188 M	(1.2 B)	58.8 M	25.5 M	34.6 M	(2.3 B)	24.2 M	(187.2 M)	(177.8 M)
601600	402.5 M	402.5 M	402.5 M	402.5 M	402.5 M	402.5 M	402.5 M	1.4 B	746.5 M	851 M	741 M	5.1 B	4.2 B	6.7 B	7.1 B
002268	18.9 M	86.5 M	17.9 M	38.9 M	119.4 M	148.8 M	155.8 M	169.1 M	120.2 M	155.8 M	161.4 M	238 M	306.6 M	348.8 M	366.2 M

Zhejiang Longsheng and related stocks such as Zhejiang Yayi Metal, Hefei Metalforming Mach, and Northking Information Net Income description

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

Zhejiang Longsheng Competitive Analysis

The better you understand Zhejiang Longsheng competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Zhejiang Longsheng's 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 Zhejiang Longsheng's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	600352	301113	603011	002987	603357	605128	600744	601600	002268
	1.03 10.56 Zhejiang	8.94 26.17 Zhejiang	4.74 7.43 Hefei	8.10 15.21 Northking	4.01 9.34 Anhui	4.42 38.04 Shanghai	4.67 3.47 Datang	0.81 7.39 Aluminum	1.47 17.37 Westone
Market Volatility (90 Days Market Risk)	Not too volatile	Not too volatile	Slightly risky	Somewhat reliable	Somewhat reliable	Very steady	Unstable	Slightly risky	Not too volatile
Market Performance (90 Days Performance)	Good	Solid	Good	Good	OK	Solid	OK	Modest	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Below Average	Low	Low	Low	Average	Low	Average
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Over 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	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Sell	Strong Hold	Strong Hold	Strong Buy	Strong Sell	Strong Sell	Hold
Net Asset	67.81 B	806.23 M	4.32 B	3.07 B	6.51 B	2.46 B	24.06 B	211.76 B	7.63 B
Profit Margin	0.13	0.18	-0.0249	0.0712	0.12	0.0681	-0.0211	0.0493	0.0254
EBITDA	2.72 B	24.92 M	27.15 M	309.93 M	538.93 M	232.93 M	1.42 B	33.93 B	(45.04 M)
Operating Margin	0.14	0.0271	0.0455	0.0996	0.25	0.11	0.0614	0.0801	-0.11
Current Valuation	35.54 B	1.8 B	3.59 B	9.96 B	4.98 B	5.05 B	25.95 B	155.93 B	12.75 B
Price To Book	1.01	2.76	1.64	3.78	1.47	3.75	4.04	1.89	2.83
Retained Earnings	28.01 B	127.94 M	318.82 M	1.18 B	1.9 B	473.75 M	(6.12 B)	15.85 B	2.01 B
Beta	0.66	0.94	0.48	0.11	0.28	0.71	0.44	2.13	0.57
Number Of Employees	5.79 K	211	2.15 K	30.63 K	2.24 K	1.25 K	4.38 K	64.5 K	3.03 K
Shares Outstanding	3.25 B	70 M	494.41 M	619.26 M	560.78 M	118.4 M	2.03 B	13.21 B	845.68 M
Cash Flow From Operations	2.75 B	27.83 M	107.95 M	131.03 M	273.32 M	53.39 M	1.58 B	27.04 B	597.32 M
Annual Yield	N/A	0.001	N/A	0.0105	N/A	0.0094	N/A	N/A	0.0034
Total Debt	6.26 B	81.96 M	585.14 M	526.76 M	300.2 M	36.03 M	3.83 B	7.97 B	78.79 M
Return On Equity	0.0638	0.0382	-0.0228	0.13	0.13	0.11	-0.0987	0.18	0.0106
Return On Asset	0.0167	0.016	-9.0E-4	0.0601	0.0513	0.0433	0.0074	0.0709	-0.0109
Book Value Per Share	10.49	10.4	28.58	4.38	6.37	10.62	0.61	3.88	6.24
Total Asset	67.81 B	806.23 M	4.32 B	3.07 B	6.51 B	2.46 B	24.06 B	211.76 B	7.63 B
Target Price	15.86	N/A	13.8	19.98	27.0	41.0	N/A	8.85	22.5
Last Dividend Paid	0.25	N/A	N/A	0.12	0.35	0.25	N/A	0.08	0.06
Shares Owned By Institutions	5.75	0.5	0.29	1.9	2.24	6.7	0.63	16.94	4.91
Market Capitalization	34.42 B	1.83 B	3.66 B	9.98 B	5.29 B	4.5 B	7.21 B	114.31 B	14.68 B
Price To Sales	2.28	11.96	1.83	2.07	1.45	2.25	0.88	0.54	6.26
Net Income	1.53 B	18.77 M	16.64 M	347.63 M	488.29 M	91.18 M	(187.16 M)	6.72 B	348.76 M
Earnings Per Share	0.63	0.03	-0.1	0.53	0.78	0.87	-0.08	0.6	0.07
Shares Owned By Insiders	32.52	79.5	42.89	62.89	50.74	59.38	55.93	43.22	36.17
Revenue	15.3 B	157.98 M	1.77 B	4.24 B	3.39 B	1.52 B	9.94 B	225.07 B	3.07 B
Working Capital	23.05 B	305.36 M	971.3 M	2.12 B	2.27 B	431.34 M	(5.11 B)	(265.24 M)	3.65 B
Gross Profit	6.31 B	65.23 M	380.41 M	827.68 M	777.66 M	136.82 M	(1.18 B)	32.33 B	1.2 B
Day Typical Price	10.59	26.94	7.54	15.5	9.47	38.71	3.53	7.39	17.48
Accumulation Distribution	0.0224	161774.0	973859.0	3.2 M	570366.0	143400.0	2.9 M	2.5 M	280314.0
Market Facilitation Index	0.24	0.0	N/A	N/A	N/A	0.0	N/A	N/A	N/A
Daily Balance Of Power	(0.46)	(1.04)	(0.86)	(1.14)	(0.87)	(0.71)	(0.81)	(0.40)	(0.54)
Period Momentum Indicator	(0.11)	(2.57)	(0.37)	(1.34)	(0.39)	(1.76)	(0.17)	(0.06)	(0.26)
Rate Of Daily Change	0.99	0.91	0.95	0.92	0.96	0.96	0.95	0.99	0.99
Day Median Price	10.6	27.32	7.6	15.64	9.54	39.04	3.56	7.39	17.54
Price Action Indicator	(0.1)	(2.43)	(0.35)	(1.10)	(0.39)	(1.88)	(0.17)	(0.03)	(0.30)
Coefficient Of Variation	728.88	722.78	671.46	645.13	954.54	477.24	787.81	1230.79	595.3
Mean Deviation	1.19	2.59	2.71	3.06	2.01	2.49	1.99	2.15	2.7
Jensen Alpha	0.242	0.526	0.5222	0.5862	0.2632	0.6582	0.3506	0.223	0.5803
Total Risk Alpha	0.0862	0.221	0.2436	0.3007	0.0571	0.4107	0.1215	(0)	0.3129
Sortino Ratio	0.1128	0.1174	0.129	0.1428	0.0775	0.2797	0.0977	0.0573	0.1699
Downside Variance	2.05	16.48	13.69	15.99	7.46	4.77	8.51	10.23	10.34
Standard Deviation	1.67	3.93	3.66	4.12	2.67	3.24	2.78	3.09	3.65
Kurtosis	4.96	4.87	1.22	0.5002	1.68	1.33	3.49	1.72	1.15
Potential Upside	2.92	5.24	6.16	9.98	4.07	6.76	4.05	6.09	9.99
Treynor Ratio	(0.56)	3.81	2.44	0.8517	2.48	3.74	(2.54)	0.7799	1.48
Maximum Drawdown	12.01	27.85	18.58	18.64	16.77	13.4	19.72	17.74	17.81
Variance	2.79	15.47	13.38	16.98	7.12	10.49	7.73	9.53	13.35
Market Risk Adjusted Performance	(0.55)	3.82	2.45	0.8617	2.49	3.75	(2.53)	0.7899	1.49
Risk Adjusted Performance	0.1051	0.1084	0.116	0.1206	0.0832	0.1596	0.0994	0.0665	0.1298
Skewness	0.9475	(0)	(0.04)	0.1573	(0.08)	1.09	(0.11)	0.0684	0.6476
Semi Deviation	1.19	3.46	3.2	3.46	2.49	1.85	2.55	2.79	2.74
Information Ratio	0.0967	0.1211	0.1304	0.1386	0.0794	0.1886	0.1026	0.0593	0.1495
Value At Risk	(2.04)	(3.89)	(5.20)	(6.79)	(3.84)	(3.29)	(2.92)	(3.93)	(4.51)
Expected Short fall	(1.33)	(2.68)	(2.85)	(3.23)	(2.12)	(3.20)	(2.13)	(2.33)	(2.98)
Downside Deviation	1.43	4.06	3.7	4.0	2.73	2.18	2.92	3.2	3.21
Semi Variance	1.42	11.94	10.23	11.95	6.22	3.41	6.51	7.8	7.53

Zhejiang Longsheng Competition Performance Charts

Five steps to successful analysis of Zhejiang Longsheng Competition

Zhejiang Longsheng's 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 Zhejiang Longsheng in relation to its competition. Zhejiang Longsheng's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Zhejiang Longsheng 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 Zhejiang Longsheng's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Zhejiang Longsheng, 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 Zhejiang Longsheng position

In addition to having Zhejiang Longsheng 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.

Did You Try This Idea?

Run Software Thematic Idea Now

Software

Companies that develop and distribute software and software systems to individuals or business. The Software theme has 40 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 Software Theme or any other thematic opportunities.

View All Next

Launch

Other Information on Investing in Zhejiang Stock

Zhejiang Longsheng financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Longsheng security.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Zhejiang Competitors

Specify up to 10 symbols:

Zhejiang Longsheng Competition Correlation Matrix

Risk-Adjusted Indicators

Cross Equities Net Income Analysis

Zhejiang Longsheng and related stocks such as Zhejiang Yayi Metal, Hefei Metalforming Mach, and Northking Information Net Income description

Zhejiang Longsheng Competitive Analysis

Zhejiang Longsheng Competition Performance Charts

Five steps to successful analysis of Zhejiang Longsheng Competition

Complement your Zhejiang Longsheng position

Did You Try This Idea?

Run Software Thematic Idea Now

Software

Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY