China Hongqiao Current Valuation vs. Price To Book
| CHHQY Stock | USD 13.26 0.00 0.00% |
For China Hongqiao profitability analysis, we use financial ratios and fundamental drivers that measure the ability of China Hongqiao to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well China Hongqiao Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between China Hongqiao's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of China Hongqiao Group over time as well as its relative position and ranking within its peers.
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China Hongqiao Group Price To Book vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining China Hongqiao's current stock value. Our valuation model uses many indicators to compare China Hongqiao value to that of its competitors to determine the firm's financial worth. China Hongqiao Group is rated third in current valuation category among its peers. It is rated fourth in price to book category among its peers . The ratio of Current Valuation to Price To Book for China Hongqiao Group is about 15,115,474,579 . Comparative valuation analysis is a catch-all model that can be used if you cannot value China Hongqiao by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for China Hongqiao's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.China Current Valuation vs. Competition
China Hongqiao Group is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Aluminum industry is currently estimated at about 91.1 Billion. China Hongqiao retains roughly 10.33 Billion in current valuation claiming about 11% of stocks in Aluminum industry.
China Price To Book vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
China Hongqiao |
| = | 10.33 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
China Hongqiao |
| = | 0.68 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
China Price To Book Comparison
China Hongqiao is currently under evaluation in price to book category among its peers.
China Hongqiao Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in China Hongqiao, profitability is also one of the essential criteria for including it into their portfolios because, without profit, China Hongqiao will eventually generate negative long term returns. The profitability progress is the general direction of China Hongqiao's change in net profit over the period of time. It can combine multiple indicators of China Hongqiao, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
China Hongqiao Group Limited, an investment holding company, manufactures and sells aluminum products in the Peoples Republic of China and Indonesia. China Hongqiao Group Limited is a subsidiary of China Hongqiao Holdings Limited. China Hongqiao operates under Aluminum classification in the United States and is traded on OTC Exchange. It employs 45438 people.
China Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on China Hongqiao. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of China Hongqiao position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the China Hongqiao's important profitability drivers and their relationship over time.
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Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentum |
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Additional Tools for China Pink Sheet Analysis
When running China Hongqiao's price analysis, check to measure China Hongqiao'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 China Hongqiao is operating at the current time. Most of China Hongqiao's value examination focuses on studying past and present price action to predict the probability of China Hongqiao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Hongqiao's price. Additionally, you may evaluate how the addition of China Hongqiao to your portfolios can decrease your overall portfolio volatility.