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

603365 Stock   16.17  0.34  2.15%   
About 55% of Shanghai Shuixing's investors are presently thinking to get in. The analysis of overall sentiment of trading Shanghai Shuixing Home stock suggests that some investors are interested 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.

Price To Sales

Price To Sales Comparative Analysis

Shanghai Shuixing is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

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

002526Shandong Mining   7.84   
0%
100.0%
601988Bank of China   2.16   
0%
27.0%
300261Aba Chemicals   1.24   
0%
15.0%
600307Gansu Jiu   0.54   
0%
6.0%
601857PetroChina   0.48   
0%
6.0%
300076Ningbo GQY   0.37   
4.0%
0%
600742Changchun Faway   1.45   
18.0%
0%
605259Lutian Machinery   1.63   
20.0%
0%
300590Queclink Wireless   1.67   
21.0%
0%
300058BlueFocus Communication   1.94   
24.0%
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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