North Chemical Financials

002246 Stock

12.28 0.10 0.81%

You can employ fundamental analysis to find out if North Chemical Industries 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-eight available fundamentals for North Chemical, which can be compared to its peers in the industry. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of North Chemical to be traded at 12.03 in 90 days. Key indicators impacting North Chemical's financial strength include:

Current Value

Last Year

Change From Last Year

10 Year Trend

Operating Income

25.8 M

27.2 M

Notably Down

Pretty Stable

Understanding current and past North Chemical Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of North Chemical's financial statements are interrelated, with each one affecting the others. For example, an increase in North Chemical's assets may result in an increase in income on the income statement.

Please note, the presentation of North Chemical'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, North Chemical's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of North Chemical's management manipulating its earnings.

North Chemical Stock Summary

North Chemical competes with Shandong Polymer, Ningxia Younglight, Miracll Chemicals, Shuhua Sports, and Chengdu Spaceon. North Chemical is entity of China. It is traded as Stock on SHE exchange.

Specialization	Basic Materials, Materials
Instrument	China Stock View All
Exchange	Shenzhen Stock Exchange
ISIN	CNE100000BW7
Business Address	Gaoba, Longmatan District,
Sector	Chemicals
Industry	Materials
Benchmark	Dow Jones Industrial
Website	bhgf.norincogroup.com.cn
Phone	86 83 0279 6927

You should never invest in North Chemical without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of North Stock, because this is throwing your money away. Analyzing the key information contained in North Chemical's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

North Chemical Key Financial Ratios

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

	Revenue	2.16 B
	Gross Profit	467.23 M
	EBITDA	8.87 M
	Net Income	55.51 M
	Total Asset	4.57 B

More Fundamentals

North Chemical Key Balance Sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.9B	4.2B	4.5B	4.7B	4.6B	2.3B
Other Current Liab	190.4M	444.8M	500.9M	402.8M	106.5M	160.0M
Other Liab	79.5M	120.0M	120.8M	69.9M	80.4M	54.2M
Retained Earnings	952.2M	1.0B	1.1B	1.2B	1.1B	1.2B
Accounts Payable	774.4M	708.5M	823.2M	995.7M	846.2M	424.9M
Cash	851.0M	1.1B	1.4B	1.5B	1.6B	1.7B
Other Assets	52.9M	88.2M	71.7M	45.9M	52.8M	55.4M
Net Receivables	677.1M	253.4M	758.4M	474.7M	603.8M	400.8M
Inventory	533.1M	491.6M	494.0M	428.0M	433.4M	315.9M
Other Current Assets	63.4M	57.1M	83.9M	37.1M	2.8M	2.7M
Total Liab	1.2B	1.4B	1.6B	1.7B	1.5B	1.6B
Intangible Assets	330.3M	320.5M	316.0M	317.2M	304.0M	191.1M
Net Tangible Assets	2.2B	2.3B	2.4B	2.5B	2.9B	2.2B
Total Current Assets	2.6B	2.9B	3.1B	3.2B	3.1B	2.7B
Net Invested Capital	2.5B	2.6B	2.7B	2.9B	2.9B	2.9B
Net Working Capital	1.5B	1.6B	1.6B	1.7B	1.7B	1.7B

North Chemical Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	2.7M	360K	3.3M	4.7M	3.6M	3.8M
Total Revenue	2.5B	2.4B	2.6B	2.6B	2.2B	1.8B
Operating Income	150.1M	102.7M	130.7M	46.9M	27.2M	25.8M
Cost Of Revenue	1.9B	1.9B	2.1B	2.1B	1.7B	1.4B
Income Before Tax	150.5M	97.4M	107.7M	95.2M	48.8M	82.0M
Net Income	136.6M	90.2M	121.5M	93.0M	55.5M	71.8M
Income Tax Expense	15.8M	15.8M	11.5M	6.3M	7.2M	11.5M
Minority Interest	220.2M	211.1M	25.4M	4.1M	3.1M	2.9M
Research Development	96.0M	94.2M	110.4M	117.2M	83.1M	89.9M
Gross Profit	585.2M	492.0M	540.0M	483.4M	463.8M	519.9M
Ebit	105.1M	57.2M	86.3M	27.9M	25.1M	23.8M
Tax Provision	15.8M	15.8M	11.5M	6.3M	(3.6M)	(3.5M)
Net Interest Income	5.7M	11.8M	12.3M	16.4M	23.0M	24.2M
Interest Income	6.5M	12.2M	16.3M	21.8M	27.3M	28.6M
Ebitda	243.5M	192.3M	215.6M	203.7M	183.3M	174.2M

North Chemical Key Cash Accounts

Cash flow analysis captures how much money flows into and out of North Chemical Industries. It measures of how well North is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money North Chemical brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money North had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what North Chemical has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.

	2019	2020	2021	2022	2023	2024 (projected)
Capital Expenditures	59.2M	85.2M	172.5M	136.9M	47.3M	79.5M
Net Income	136.6M	90.2M	121.5M	93.0M	55.5M	75.0M
Dividends Paid	30.2M	30.2M	22.0M	24.7M	27.5M	28.7M
Change To Inventory	(120.0M)	32.5M	9.9M	84.3M	3.6M	7.0M
Change In Cash	403.2M	301.5M	211.5M	86.9M	124.2M	116.1M
Net Borrowings	(10M)	(11M)	(9.9M)	(13.5M)	(15.6M)	(16.4M)
Depreciation	93.0M	95.3M	104.5M	99.9M	115.3M	100.2M
Change To Netincome	10.7M	12.6M	21.1M	(27.6M)	(24.8M)	(23.6M)
End Period Cash Flow	837.1M	1.1B	1.4B	1.4B	1.6B	1.1B
Free Cash Flow	319.7M	336.6M	61.8M	(27.9M)	(162.2M)	(154.1M)
Other Non Cash Items	(928.5K)	5.7M	6.9M	(10.4M)	441.9K	464.0K

North Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining North Chemical's current stock value. Our valuation model uses many indicators to compare North Chemical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across North Chemical competition to find correlations between indicators driving North Chemical's intrinsic value. More Info.

North Chemical Industries is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value North Chemical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for North Chemical'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.

North Chemical Industries Systematic Risk

North Chemical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. North Chemical 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 twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on North Chemical Industries correlated with the market. If Beta is less than 0 North Chemical generally moves in the opposite direction as compared to the market. If North Chemical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one North Chemical Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of North Chemical is generally in the same direction as the market. If Beta > 1 North Chemical moves generally in the same direction as, but more than the movement of the benchmark.

North Chemical Industries Total Assets Over Time

North Chemical December 2, 2024 Opportunity Range

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

	Downside Deviation	3.87
	Information Ratio	0.1184
	Maximum Drawdown	18.82
	Value At Risk	(5.69)
	Potential Upside	6.61

Complementary Tools for North Stock analysis

When running North Chemical's price analysis, check to measure North Chemical'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 North Chemical is operating at the current time. Most of North Chemical's value examination focuses on studying past and present price action to predict the probability of North Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North Chemical's price. Additionally, you may evaluate how the addition of North Chemical to your portfolios can decrease your overall portfolio volatility.

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