Wanhua Chemical Group Full Year 2023 Earnings Misses Expectations - Simply Wall St

600309 Stock   73.31  1.58  2.11%   
About 62% of Wanhua Chemical's investor base is looking to short. The analysis of overall sentiment of trading Wanhua Chemical Group stock suggests that many investors are alarmed at this time. The current market sentiment, together with Wanhua Chemical's historical and current headlines, can help investors time the market. In addition, many technical investors use Wanhua Chemical Group stock news signals to limit their universe of possible portfolio assets.
  
Wanhua Chemical Group Full Year 2023 Earnings Misses Expectations Simply Wall St

Read at news.google.com
Google News at Macroaxis
  

Wanhua Chemical Fundamental Analysis

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

Book Value Per Share

Book Value Per Share Comparative Analysis

Wanhua Chemical is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Wanhua Chemical Group 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 Wanhua Chemical stock to make a market-neutral strategy. Peer analysis of Wanhua Chemical could also be used in its relative valuation, which is a method of valuing Wanhua Chemical by comparing valuation metrics with similar companies.

Peers

Wanhua Chemical Related Equities

600019Baoshan Iron   1.28   
0%
44.0%
000807Yunnan Aluminium   0.21   
0%
7.0%
600160Zhejiang Juhua   0.25   
8.0%
0%
601899Zijin Mining   0.70   
24.0%
0%
002493Rongsheng Petrochemical   0.76   
26.0%
0%
600547Shandong Gold   0.86   
30.0%
0%
600010Inner Mongolia   1.56   
54.0%
0%
603260Hoshine Silicon   2.47   
86.0%
0%
002460Jiangxi Ganfeng   2.85   
100.0%
0%

Complementary Tools for Wanhua Stock analysis

When running Wanhua Chemical's price analysis, check to measure Wanhua Chemical'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 Wanhua Chemical is operating at the current time. Most of Wanhua Chemical's value examination focuses on studying past and present price action to predict the probability of Wanhua Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wanhua Chemical's price. Additionally, you may evaluate how the addition of Wanhua Chemical to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Transaction History
View history of all your transactions and understand their impact on performance
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes