Weihai Honglin Electronic Stock Beta
| 301439 Stock | 17.38 0.63 3.76% |
Weihai Honglin Electronic fundamentals help investors to digest information that contributes to Weihai Honglin's financial success or failures. It also enables traders to predict the movement of Weihai Stock. The fundamental analysis module provides a way to measure Weihai Honglin's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Weihai Honglin stock.
Weihai |
Weihai Honglin Electronic Company Beta Analysis
Weihai Honglin's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Weihai Honglin Electronic has a Beta of 0.0. This is 100.0% lower than that of the Electrical Equipment sector and about the same as Industrials (which currently averages 0.0) industry. The beta for all China stocks is 100.0% lower than that of the firm.
Weihai Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Weihai Honglin's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Weihai Honglin could also be used in its relative valuation, which is a method of valuing Weihai Honglin by comparing valuation metrics of similar companies.Weihai Honglin is currently under evaluation in beta category among its peers.
Weihai Fundamentals
| Return On Equity | 0.07 | ||||
| Return On Asset | 0.0153 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 5.82 B | ||||
| Shares Outstanding | 389.1 M | ||||
| Shares Owned By Insiders | 72.00 % | ||||
| Shares Owned By Institutions | 1.43 % | ||||
| Price To Book | 2.36 X | ||||
| Price To Sales | 2.16 X | ||||
| Revenue | 3.13 B | ||||
| Gross Profit | 360.53 M | ||||
| EBITDA | 133.7 M | ||||
| Book Value Per Share | 7.36 X | ||||
| Earnings Per Share | 0.52 X | ||||
| Number Of Employees | 2.15 K | ||||
| Market Capitalization | 6.75 B | ||||
| Annual Yield | 0.02 % | ||||
| Last Dividend Paid | 0.4 |
About Weihai Honglin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Weihai Honglin Electronic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Weihai Honglin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Weihai Honglin Electronic based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Weihai Honglin financial ratios help investors to determine whether Weihai 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 Weihai with respect to the benefits of owning Weihai Honglin security.