Shanghai Shuixing Home Textile Full Year 2023 Earnings Revenues Beat Expectations, EPS In Line - Simply Wall St

603365 Stock   16.08  0.36  2.19%   
About 61% of Shanghai Shuixing's investor base is looking to short. The analysis of overall sentiment of trading Shanghai Shuixing Home stock suggests that many investors are alarmed at this time. The current market sentiment, together with Shanghai Shuixing's historical and current headlines, can help investors time the market. In addition, many technical investors use Shanghai Shuixing Home stock news signals to limit their universe of possible portfolio assets.
  
Shanghai Shuixing Home Textile Full Year 2023 Earnings Revenues Beat Expectations, EPS In Line Simply Wall St

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Shanghai Shuixing Fundamental Analysis

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

Shanghai Shuixing 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.

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

Peers

Shanghai Shuixing Related Equities

601658Postal Savings   1.32   
0%
100.0%
600036China Merchants   0.47   
0%
35.0%
600938CNOOC   0.38   
0%
28.0%
601288Agricultural Bank   0.21   
0%
15.0%
601857PetroChina   0.25   
18.0%
0%
601398Industrial   0.33   
25.0%
0%
601988Bank of China   0.40   
30.0%
0%
601939China Construction   0.50   
37.0%
0%
600941China Mobile   0.86   
65.0%
0%
601328Bank of Communications   1.23   
93.0%
0%

Complementary Tools for Shanghai Stock analysis

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