Tongding Interconnection (China) Today

002491 Stock   4.64  0.11  2.32%   

Performance

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Odds Of Distress

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Tongding Interconnection is trading at 4.64 as of the 30th of March 2025, a 2.32% down since the beginning of the trading day. The stock's open price was 4.75. Tongding Interconnection has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 30th of December 2024 and ending today, the 30th of March 2025. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
21st of October 2010
Category
Industrials
Classification
Information Technology
Tongding Interconnection is entity of China. It is traded as Stock on SHE exchange. The company has 1.23 B outstanding shares. More on Tongding Interconnection Information

Moving together with Tongding Stock

  0.63601398 Industrial and CommercialPairCorr

Moving against Tongding Stock

  0.48603959 Hunan Baili EngineeringPairCorr

Tongding Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tongding Interconnection's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tongding Interconnection or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaData Storage (View all Themes)
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, Data Storage, Information Technology, Communications Equipment, Technology Hardware & Equipment, Information Technology (View all Sectors)
Tongding Interconnection's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Tongding Interconnection's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Tongding Interconnection can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tongding Interconnection's financial leverage. It provides some insight into what part of Tongding Interconnection's total assets is financed by creditors.
Liquidity
Tongding Interconnection cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Tongding Interconnection Information has accumulated 1.7 B in total debt. Debt can assist Tongding Interconnection until it has trouble settling it off, either with new capital or with free cash flow. So, Tongding Interconnection's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tongding Interconnection sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tongding to invest in growth at high rates of return. When we think about Tongding Interconnection's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(321.57 Million)
Tongding Interconnection Information (002491) is traded on Shenzhen Stock Exchange in China and employs 1,999 people. Tongding Interconnection is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.71 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tongding Interconnection's market, we take the total number of its shares issued and multiply it by Tongding Interconnection's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Tongding Interconnection operates under Communications Equipment sector and is part of Information Technology industry. The entity has 1.23 B outstanding shares. Tongding Interconnection generates positive cash flow from operations, but has no cash available
Check Tongding Interconnection Probability Of Bankruptcy
Ownership Allocation
Tongding Interconnection shows a total of 1.23 Billion outstanding shares. Tongding Interconnection maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tongding Ownership Details

Tongding Interconnection Risk Profiles

Although Tongding Interconnection's alpha and beta are two of the key measurements used to evaluate Tongding Interconnection's performance over the market, the standard measures of volatility play an important role as well.

Tongding Stock Against Markets

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Tongding Interconnection Corporate Directors

Danghan ChenCFO DirectorProfile
Xiaoming BaiDeputy DirectorProfile
Kai LuBoard DirectorProfile
Danghan CPACFO DirectorProfile

Other Information on Investing in Tongding Stock

Tongding Interconnection financial ratios help investors to determine whether Tongding Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tongding with respect to the benefits of owning Tongding Interconnection security.