Western Securities Financials
| 002673 Stock | 8.68 0.05 0.57% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 1 B | 864.2 M |
|
|
Western | Select Account or Indicator |
Understanding current and past Western Securities Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Western Securities' financial statements are interrelated, with each one affecting the others. For example, an increase in Western Securities' assets may result in an increase in income on the income statement.
Please note, the presentation of Western Securities' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Western Securities' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Western Securities' management manipulating its earnings.
Western Securities Stock Summary
Western Securities competes with Chengdu B, Zhejiang Daily, Threes Company, Inly Media, and Shuhua Sports. Western Securities is entity of China. It is traded as Stock on SHE exchange.Specialization | Financial Services, Financial Services |
| Instrument | China Stock View All |
| Exchange | Shenzhen Stock Exchange |
| ISIN | CNE100001D96 |
| Business Address | Building No 8, |
| Sector | Capital Markets |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.west95582.com |
| Phone | 86 29 8740 6171 |
You should never invest in Western Securities without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Western Stock, because this is throwing your money away. Analyzing the key information contained in Western Securities' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Western Securities Key Financial Ratios
Western Securities' financial ratios allow both analysts and investors to convert raw data from Western Securities' financial statements into concise, actionable information that can be used to evaluate the performance of Western Securities over time and compare it to other companies across industries.| Revenue | 6.89 B | ||||
| Gross Profit | 4.31 B | ||||
| Net Income | 1.17 B | ||||
| Total Asset | 96.22 B | ||||
| Retained Earnings | 3.29 B |
Western Securities Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 48.6B | 63.9B | 85.1B | 95.8B | 96.2B | 50.8B | |
| Other Liab | 837.5M | 1.3B | 1.2B | 1.5B | 1.4B | 1.3B | |
| Retained Earnings | 4.7B | 5.6B | 6.6B | 2.7B | 3.3B | 3.8B | |
| Cash | 16.4B | 32.6B | 29.0B | 27.3B | 26.9B | 16.1B | |
| Other Assets | 591.9M | 1.3B | 874.0M | 1.0B | 924.1M | 1.1B | |
| Total Liab | 30.9B | 37.8B | 57.9B | 68.6B | 68.1B | 35.5B | |
| Intangible Assets | 167.0M | 170.7M | 184.5M | 204.8M | 231.6M | 142.6M | |
| Other Current Liab | 1.2B | 1.2B | 1.0B | 985.3M | 886.8M | 1.4B | |
| Net Tangible Assets | 17.2B | 17.5B | 25.8B | 26.9B | 30.9B | 20.3B | |
| Net Receivables | 4.4B | 4.8B | 6.7B | 8.8B | 10.1B | 7.2B | |
| Other Current Assets | 3.5B | 4.5B | 5.2B | 27.8B | 32.0B | 33.6B | |
| Total Current Assets | 47.7B | 46.0B | 61.7B | 82.6B | 95.0B | 60.2B | |
| Accounts Payable | 407.1M | 217.3M | 277.0M | 314.3M | 547.9M | 306.6M | |
| Net Invested Capital | 21.5B | 34.6B | 33.8B | 51.8B | 50.7B | 37.4B |
Western Securities 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) | ||
| Total Revenue | 3.7B | 5.2B | 6.7B | 5.3B | 6.9B | 3.7B | |
| Income Before Tax | 747.2M | 1.5B | 1.9B | 585.6M | 1.5B | 1.1B | |
| Net Income | 610.2M | 1.1B | 1.4B | 430.5M | 1.2B | 835.4M | |
| Income Tax Expense | 43.1M | 131.0M | 375.9M | 450.5M | 518.1M | 267.7M | |
| Minority Interest | 77.8M | 91.9M | (15.4M) | (29.8M) | (32.1M) | (30.5M) | |
| Tax Provision | 131.0M | 375.9M | 450.5M | 125.3M | 333.9M | 281.2M | |
| Net Interest Income | 225.1M | 248.8M | 204.5M | (194.6M) | (252.4M) | (239.8M) | |
| Interest Income | 225.1M | 814.6M | 1.0B | 1.0B | 1.0B | 678.4M |
Western Securities Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Western Securities. It measures of how well Western 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 Western Securities 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 Western 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 Western Securities 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 | 89.2M | 108.9M | 197.6M | 198.5M | 231.2M | 242.8M | |
| Net Income | 610.2M | 1.1B | 1.4B | 428.1M | 1.2B | 835.2M | |
| Investments | 2.2M | (110.1M) | (196.2M) | (105.2M) | (147.2M) | (154.6M) | |
| Change In Cash | 2.4B | 10.0B | (6.2B) | (692.7M) | (1.7B) | (1.6B) | |
| Net Borrowings | (3.3B) | (180.3M) | 4.1B | 8.4B | 9.6B | 10.1B | |
| Depreciation | 74.5M | 68.8M | 146.0M | 217.2M | 220.3M | 117.3M | |
| Dividends Paid | 338.0M | 375.1M | 621.5M | 938.1M | 766.1M | 721.9M | |
| Change To Netincome | 737.7M | 662.0M | 227.4M | 193.1M | 173.8M | 165.1M | |
| End Period Cash Flow | 14.8B | 24.8B | 18.6B | 17.9B | 16.2B | 18.8B | |
| Change To Inventory | 20.4M | (158.9M) | 6.6M | (130.7M) | 19.7M | 20.7M | |
| Free Cash Flow | 2.9B | (1.2B) | (13.9B) | (4.9B) | 19.5M | 20.5M | |
| Other Non Cash Items | (473.7M) | (50.9M) | 422.1M | 662.0M | 668.9M | 702.3M |
Western Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Western Securities's current stock value. Our valuation model uses many indicators to compare Western Securities value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Securities competition to find correlations between indicators driving Western Securities's intrinsic value. More Info.Western Securities Co 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 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Western Securities Co is roughly 3.40 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Western Securities by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Western Securities' 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.Western Securities Systematic Risk
Western Securities' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Western Securities 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Western Securities correlated with the market. If Beta is less than 0 Western Securities generally moves in the opposite direction as compared to the market. If Western Securities Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Western Securities is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Western Securities is generally in the same direction as the market. If Beta > 1 Western Securities moves generally in the same direction as, but more than the movement of the benchmark.
Western Securities Co Total Assets Over Time
Western Securities December 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Western Securities help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Western Securities Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Western Securities Co based on widely used predictive technical indicators. In general, we focus on analyzing Western Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Western Securities's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.84 | |||
| Information Ratio | 0.1223 | |||
| Maximum Drawdown | 20.09 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 10.01 |
Complementary Tools for Western Stock analysis
When running Western Securities' price analysis, check to measure Western Securities' 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 Western Securities is operating at the current time. Most of Western Securities' value examination focuses on studying past and present price action to predict the probability of Western Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Securities' price. Additionally, you may evaluate how the addition of Western Securities to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |