Bright Dairy (China) Buy Hold or Sell Recommendation
| 600597 Stock | 9.47 0.49 4.92% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Bright Dairy Food is 'Strong Hold'. Macroaxis provides Bright Dairy buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 600597 positions.
Check out Bright Dairy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Bright and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Bright Dairy Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Bright |
Execute Bright Dairy Buy or Sell Advice
The Bright recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bright Dairy Food. Macroaxis does not own or have any residual interests in Bright Dairy Food or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bright Dairy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Bright Dairy Trading Alerts and Improvement Suggestions
| About 53.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Private companies in Bright Dairy Food Co.,Ltd are its biggest bettors, and their bets paid off as stock gained 4.6 percent last week - Simply Wall St |
Bright Dairy Returns Distribution Density
The distribution of Bright Dairy's historical returns is an attempt to chart the uncertainty of Bright Dairy's future price movements. The chart of the probability distribution of Bright Dairy daily returns describes the distribution of returns around its average expected value. We use Bright Dairy Food price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bright Dairy returns is essential to provide solid investment advice for Bright Dairy.
| Mean Return | 0.37 | Value At Risk | -2.64 | Potential Upside | 5.01 | Standard Deviation | 2.34 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bright Dairy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Bright Dairy Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 2.1B | 1.9B | 2.4B | 1.4B | 908.2M | 1.1B | |
| Net Income | 498.4M | 607.6M | 592.3M | 360.7M | 967.3M | 1.0B | |
| Dividends Paid | 305.6M | 287.2M | 263.7M | 335.1M | (276.6M) | (262.8M) | |
| Change To Inventory | (313.4M) | (447.2M) | (248.1M) | (1.2B) | 565.2M | 593.4M | |
| Change In Cash | (1.6B) | 471.6M | 242.1M | (554.4M) | 624.8M | 656.0M | |
| Net Borrowings | (1.9B) | (207.0M) | (570.5M) | 548.0M | 493.2M | 517.9M | |
| Depreciation | 810.7M | 851.1M | 1.2B | 1.3B | 1.5B | 1.0B | |
| Change To Netincome | 516.9M | 461.1M | 17.8M | 335.0M | 301.5M | 349.9M | |
| End Period Cash Flow | 2.5B | 2.9B | 3.2B | 2.6B | 3.3B | 2.5B | |
| Free Cash Flow | 356.9M | 278.9M | (324.4M) | (718.9M) | 556.2M | 584.0M | |
| Other Non Cash Items | 154.6M | 54.7M | 64.5M | 176.5M | 257.8M | 136.3M |
Bright Dairy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bright Dairy or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bright Dairy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Bright stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 2.44 | |
Ir | Information ratio | 0.12 |
Bright Dairy Volatility Alert
Bright Dairy Food currently demonstrates below-average downside deviation. It has Information Ratio of 0.12 and Jensen Alpha of 0.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bright Dairy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bright Dairy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Bright Dairy Fundamentals Vs Peers
Comparing Bright Dairy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Bright Dairy's direct or indirect competition across all of the common fundamentals between Bright Dairy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bright Dairy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bright Dairy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bright Dairy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Bright Dairy to competition |
| Fundamentals | Bright Dairy | Peer Average |
| Return On Equity | 0.0321 | -0.31 |
| Return On Asset | 0.0211 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | (0.01) % | (5.51) % |
| Current Valuation | 14.15 B | 16.62 B |
| Shares Outstanding | 1.38 B | 571.82 M |
| Shares Owned By Insiders | 53.14 % | 10.09 % |
| Shares Owned By Institutions | 5.36 % | 39.21 % |
| Price To Book | 1.49 X | 9.51 X |
| Price To Sales | 0.54 X | 11.42 X |
| Revenue | 26.49 B | 9.43 B |
| Gross Profit | 5.14 B | 27.38 B |
| EBITDA | 1.93 B | 3.9 B |
| Net Income | 967.33 M | 570.98 M |
| Total Debt | 1.76 B | 5.32 B |
| Book Value Per Share | 6.34 X | 1.93 K |
| Cash Flow From Operations | 1.46 B | 971.22 M |
| Earnings Per Share | 0.55 X | 3.12 X |
| Target Price | 9.45 | |
| Number Of Employees | 12.01 K | 18.84 K |
| Beta | 0.51 | -0.15 |
| Market Capitalization | 13.05 B | 19.03 B |
| Total Asset | 24.23 B | 29.47 B |
| Retained Earnings | 4.09 B | 9.33 B |
| Working Capital | (477.67 M) | 1.48 B |
| Net Asset | 24.23 B | |
| Last Dividend Paid | 0.22 |
Bright Dairy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bright . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Bright Dairy Buy or Sell Advice
When is the right time to buy or sell Bright Dairy Food? Buying financial instruments such as Bright Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
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Other Information on Investing in Bright Stock
Bright Dairy financial ratios help investors to determine whether Bright 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 Bright with respect to the benefits of owning Bright Dairy security.