Techshine Electronics (China) Performance
| 301379 Stock | 34.56 1.74 5.30% |
On a scale of 0 to 100, Techshine Electronics holds a performance score of 18. The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Techshine Electronics are expected to decrease at a much lower rate. During the bear market, Techshine Electronics is likely to outperform the market. Please check Techshine Electronics' downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Techshine Electronics' existing price patterns will revert.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Techshine Electronics Co are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Techshine Electronics sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0116 | Payout Ratio 0.5416 | Last Split Factor 1.4:1 | Forward Dividend Rate 0.4 | Ex Dividend Date 2024-06-18 |
1 | Techshine Electronics Co.,Ltd. announces an Equity Buyback for CNY 80 million worth of its shares. - Marketscreener.com | 12/27/2024 |
2 | Techshine Electronics Co.,Ltd.s Shares Bounce 27 percent But Its Business Still Trails The Market - Simply Wall St | 03/06/2025 |
| Begin Period Cash Flow | 68.8 M | |
| Free Cash Flow | -49.5 M |
Techshine |
Techshine Electronics Relative Risk vs. Return Landscape
If you would invest 2,148 in Techshine Electronics Co on December 19, 2024 and sell it today you would earn a total of 1,308 from holding Techshine Electronics Co or generate 60.89% return on investment over 90 days. Techshine Electronics Co is generating 0.9081% of daily returns and assumes 3.8544% volatility on return distribution over the 90 days horizon. Simply put, 34% of stocks are less volatile than Techshine, and 82% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Techshine Electronics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Techshine Electronics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Techshine Electronics Co, and traders can use it to determine the average amount a Techshine Electronics' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2356
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Estimated Market Risk
| 3.85 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Techshine Electronics is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Techshine Electronics by adding it to a well-diversified portfolio.
Techshine Electronics Fundamentals Growth
Techshine Stock prices reflect investors' perceptions of the future prospects and financial health of Techshine Electronics, and Techshine Electronics fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Techshine Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0353 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 4.21 B | ||||
| Shares Outstanding | 141.88 M | ||||
| Price To Book | 3.60 X | ||||
| Price To Sales | 3.32 X | ||||
| Revenue | 1.27 B | ||||
| Gross Profit | 1.48 B | ||||
| EBITDA | 192.17 M | ||||
| Net Income | 107.43 M | ||||
| Total Debt | 75.03 M | ||||
| Book Value Per Share | 9.60 X | ||||
| Cash Flow From Operations | 66.8 M | ||||
| Earnings Per Share | 0.88 X | ||||
| Total Asset | 1.74 B | ||||
| Retained Earnings | 347.89 M | ||||
About Techshine Electronics Performance
By analyzing Techshine Electronics' fundamental ratios, stakeholders can gain valuable insights into Techshine Electronics' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Techshine Electronics has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Techshine Electronics has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Techshine Electronics is entity of China. It is traded as Stock on SHE exchange.Things to note about Techshine Electronics performance evaluation
Checking the ongoing alerts about Techshine Electronics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Techshine Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Techshine Electronics appears to be risky and price may revert if volatility continues | |
| About 56.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Techshine Electronics Co.,Ltd.s Shares Bounce 27 percent But Its Business Still Trails The Market - Simply Wall St |
- Analyzing Techshine Electronics' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Techshine Electronics' stock is overvalued or undervalued compared to its peers.
- Examining Techshine Electronics' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Techshine Electronics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Techshine Electronics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Techshine Electronics' stock. These opinions can provide insight into Techshine Electronics' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Techshine Stock analysis
When running Techshine Electronics' price analysis, check to measure Techshine Electronics' 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 Techshine Electronics is operating at the current time. Most of Techshine Electronics' value examination focuses on studying past and present price action to predict the probability of Techshine Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techshine Electronics' price. Additionally, you may evaluate how the addition of Techshine Electronics to your portfolios can decrease your overall portfolio volatility.
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