Sobute New (China) Performance
| 603916 Stock | 8.50 0.04 0.47% |
On a scale of 0 to 100, Sobute New holds a performance score of 15. The entity has a beta of -0.0856, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sobute New are expected to decrease at a much lower rate. During the bear market, Sobute New is likely to outperform the market. Please check Sobute New's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Sobute New's existing price patterns will revert.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Sobute New Materials are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Sobute New sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio 0.6818 | Last Split Factor 1.2:1 | Ex Dividend Date 2024-06-25 | Last Split Date 2021-05-18 |
1 | Sobute New Materials Co., Ltds Shares Not Telling The Full Story - Simply Wall St | 09/26/2024 |
| Begin Period Cash Flow | 973.3 M | |
| Free Cash Flow | 31.6 M |
Sobute |
Sobute New Relative Risk vs. Return Landscape
If you would invest 654.00 in Sobute New Materials on September 12, 2024 and sell it today you would earn a total of 192.00 from holding Sobute New Materials or generate 29.36% return on investment over 90 days. Sobute New Materials is generating 0.4842% of daily returns and assumes 2.5368% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than Sobute, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sobute New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sobute New's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sobute New Materials, and traders can use it to determine the average amount a Sobute New's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1909
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Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Sobute New is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sobute New by adding it to a well-diversified portfolio.
Sobute New Fundamentals Growth
Sobute Stock prices reflect investors' perceptions of the future prospects and financial health of Sobute New, and Sobute New fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sobute Stock performance.
| Return On Equity | 0.0373 | ||||
| Return On Asset | 0.0191 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 4.39 B | ||||
| Shares Outstanding | 432.89 M | ||||
| Price To Book | 0.87 X | ||||
| Price To Sales | 1.06 X | ||||
| Revenue | 3.58 B | ||||
| Gross Profit | 1.27 B | ||||
| EBITDA | 445.24 M | ||||
| Net Income | 160.45 M | ||||
| Total Debt | 630.39 M | ||||
| Book Value Per Share | 10.07 X | ||||
| Cash Flow From Operations | 369.93 M | ||||
| Earnings Per Share | 0.22 X | ||||
| Total Asset | 7.96 B | ||||
| Retained Earnings | 1.77 B | ||||
About Sobute New Performance
By analyzing Sobute New's fundamental ratios, stakeholders can gain valuable insights into Sobute New's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sobute New has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Sobute New has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Sobute New is entity of China. It is traded as Stock on SHG exchange.Things to note about Sobute New Materials performance evaluation
Checking the ongoing alerts about Sobute New for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sobute New Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sobute New Materials is unlikely to experience financial distress in the next 2 years | |
| About 54.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Rongsheng Petrochemical shareholders have endured a 45 percent loss from investing in the stock three years ago - Simply Wall St |
- Analyzing Sobute New's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Sobute New's stock is overvalued or undervalued compared to its peers.
- Examining Sobute New's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Sobute New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sobute New's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sobute New's stock. These opinions can provide insight into Sobute New's potential for growth and whether the stock is currently undervalued or overvalued.
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When running Sobute New's price analysis, check to measure Sobute New'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 Sobute New is operating at the current time. Most of Sobute New's value examination focuses on studying past and present price action to predict the probability of Sobute New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sobute New's price. Additionally, you may evaluate how the addition of Sobute New to your portfolios can decrease your overall portfolio volatility.
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