Renxin New Financials
| 301395 Stock | 12.39 0.12 0.98% |
Operating Margin 0.0158 | PE Ratio 47.5769 | Profit Margin 0.0304 | Payout Ratio 0.0325 | Return On Equity 0.0393 |
Renxin |
Understanding current and past Renxin New Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Renxin New's financial statements are interrelated, with each one affecting the others. For example, an increase in Renxin New's assets may result in an increase in income on the income statement.
Please note, the presentation of Renxin New'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, Renxin New's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Renxin New's management manipulating its earnings.
Renxin New Stock Summary
Renxin New competes with Zijin Mining, Wanhua Chemical, Baoshan Iron, Shandong Gold, and Inner Mongolia. Renxin New 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 | CNE1000064V2 |
| Business Address | No 28, Middle |
| Sector | Chemicals |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.hzrxnm.com |
| Phone | 86 75 2511 9512 |
You should never invest in Renxin New without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Renxin Stock, because this is throwing your money away. Analyzing the key information contained in Renxin New's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Renxin New Key Financial Ratios
Renxin New's financial ratios allow both analysts and investors to convert raw data from Renxin New's financial statements into concise, actionable information that can be used to evaluate the performance of Renxin New over time and compare it to other companies across industries.Renxin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Renxin New's current stock value. Our valuation model uses many indicators to compare Renxin New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Renxin New competition to find correlations between indicators driving Renxin New's intrinsic value. More Info.Renxin New Material is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Renxin New Material is roughly 2.62 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Renxin New by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Renxin New'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.Renxin New Material Systematic Risk
Renxin New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Renxin New 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 Renxin New Material correlated with the market. If Beta is less than 0 Renxin New generally moves in the opposite direction as compared to the market. If Renxin New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Renxin New Material is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Renxin New is generally in the same direction as the market. If Beta > 1 Renxin New moves generally in the same direction as, but more than the movement of the benchmark.
Renxin New Thematic Clasifications
Renxin New Material is part of Plastics 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. Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories
This theme covers Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories. Get More Thematic Ideas
| Plastics | View |
Renxin New December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Renxin New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Renxin New Material. We use our internally-developed statistical techniques to arrive at the intrinsic value of Renxin New Material based on widely used predictive technical indicators. In general, we focus on analyzing Renxin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Renxin New's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.48 | |||
| Information Ratio | 0.1273 | |||
| Maximum Drawdown | 23.15 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 6.72 |
Complementary Tools for Renxin Stock analysis
When running Renxin New's price analysis, check to measure Renxin New'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 Renxin New is operating at the current time. Most of Renxin New's value examination focuses on studying past and present price action to predict the probability of Renxin New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renxin New's price. Additionally, you may evaluate how the addition of Renxin New to your portfolios can decrease your overall portfolio volatility.
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