Hengyi Petrochemical Full Year 2023 Earnings Misses Expectations - Simply Wall St

000703 Stock   6.11  0.09  1.50%   
About 51% of Hengyi Petrochemical's investors are presently thinking to get in. The analysis of overall sentiment of trading Hengyi Petrochemical Co stock suggests that some investors are interested at this time. The current market sentiment, together with Hengyi Petrochemical's historical and current headlines, can help investors time the market. In addition, many technical investors use Hengyi Petrochemical stock news signals to limit their universe of possible portfolio assets.
  
Hengyi Petrochemical Full Year 2023 Earnings Misses Expectations Simply Wall St

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Hengyi Petrochemical Fundamental Analysis

We analyze Hengyi Petrochemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hengyi Petrochemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hengyi Petrochemical 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.

Shares Outstanding

Shares Outstanding Comparative Analysis

Hengyi Petrochemical is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Hengyi Petrochemical Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hengyi Petrochemical stock to make a market-neutral strategy. Peer analysis of Hengyi Petrochemical could also be used in its relative valuation, which is a method of valuing Hengyi Petrochemical by comparing valuation metrics with similar companies.

Peers

Hengyi Petrochemical Related Equities

601899Zijin Mining   0.64   
0%
37.0%
600160Zhejiang Juhua   0.29   
0%
17.0%
600547Shandong Gold   0.17   
0%
10.0%
600309Wanhua Chemical   0.31   
18.0%
0%
002460Jiangxi Ganfeng   0.41   
24.0%
0%
002493Rongsheng Petrochemical   0.66   
39.0%
0%
603260Hoshine Silicon   0.87   
51.0%
0%
000807Yunnan Aluminium   1.18   
69.0%
0%
600010Inner Mongolia   1.56   
92.0%
0%
600019Baoshan Iron   1.69   
100.0%
0%

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When running Hengyi Petrochemical's price analysis, check to measure Hengyi Petrochemical'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 Hengyi Petrochemical is operating at the current time. Most of Hengyi Petrochemical's value examination focuses on studying past and present price action to predict the probability of Hengyi Petrochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hengyi Petrochemical's price. Additionally, you may evaluate how the addition of Hengyi Petrochemical to your portfolios can decrease your overall portfolio volatility.
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