Shaanxi Meineng Financials

001299 Stock   13.82  0.19  1.36%   
You can harness fundamental analysis to find out if Shaanxi Meineng Clean is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze twenty-seven available drivers for Shaanxi Meineng Clean, which can be compared to its competition. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Shaanxi Meineng to be traded at 13.41 in 90 days. Key indicators impacting Shaanxi Meineng's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income72.7 M74.5 M
Fairly Down
Pretty Stable
  
Understanding current and past Shaanxi Meineng Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shaanxi Meineng's financial statements are interrelated, with each one affecting the others. For example, an increase in Shaanxi Meineng's assets may result in an increase in income on the income statement.
Please note, the presentation of Shaanxi Meineng's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Shaanxi Meineng's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Shaanxi Meineng's management manipulating its earnings.

Shaanxi Meineng Stock Summary

Shaanxi Meineng competes with Tibet Huayu, Shenzhen Topway, Leyard Optoelectronic, Nantong Haixing, and Hainan Mining. Shaanxi Meineng is entity of China. It is traded as Stock on SHE exchange.
Specialization
Utilities, Utilities - Regulated Gas
InstrumentChina Stock View All
ExchangeShenzhen Stock Exchange
Business AddressNo 2, Wanda
SectorGas Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.meinenggas.com
Phone86 29 8327 9758
You should never invest in Shaanxi Meineng without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shaanxi Stock, because this is throwing your money away. Analyzing the key information contained in Shaanxi Meineng's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Shaanxi Meineng Key Financial Ratios

Shaanxi Meineng's financial ratios allow both analysts and investors to convert raw data from Shaanxi Meineng's financial statements into concise, actionable information that can be used to evaluate the performance of Shaanxi Meineng over time and compare it to other companies across industries.

Shaanxi Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Shaanxi Meineng's current stock value. Our valuation model uses many indicators to compare Shaanxi Meineng value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shaanxi Meineng competition to find correlations between indicators driving Shaanxi Meineng's intrinsic value. More Info.
Shaanxi Meineng Clean is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.34  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shaanxi Meineng Clean is roughly  2.94 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shaanxi Meineng by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shaanxi Meineng's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Shaanxi Meineng Clean Systematic Risk

Shaanxi Meineng's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shaanxi Meineng volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Shaanxi Meineng Clean correlated with the market. If Beta is less than 0 Shaanxi Meineng generally moves in the opposite direction as compared to the market. If Shaanxi Meineng Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shaanxi Meineng Clean is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shaanxi Meineng is generally in the same direction as the market. If Beta > 1 Shaanxi Meineng moves generally in the same direction as, but more than the movement of the benchmark.

Shaanxi Meineng Clean Total Assets Over Time

Shaanxi Meineng Thematic Clasifications

Shaanxi Meineng Clean is part of Cleaning investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Cleaning products, supplies, and accessories. Compnanies producing and distributing cleaning products, supplies, and accessories
CleaningView
This theme covers Cleaning products, supplies, and accessories. Compnanies producing and distributing cleaning products, supplies, and accessories. Get More Thematic Ideas

Shaanxi Meineng December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Shaanxi Meineng help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shaanxi Meineng Clean. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shaanxi Meineng Clean based on widely used predictive technical indicators. In general, we focus on analyzing Shaanxi Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shaanxi Meineng's daily price indicators and compare them against related drivers.

Complementary Tools for Shaanxi Stock analysis

When running Shaanxi Meineng's price analysis, check to measure Shaanxi Meineng's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shaanxi Meineng is operating at the current time. Most of Shaanxi Meineng's value examination focuses on studying past and present price action to predict the probability of Shaanxi Meineng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shaanxi Meineng's price. Additionally, you may evaluate how the addition of Shaanxi Meineng to your portfolios can decrease your overall portfolio volatility.
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