Lingyuan Iron (China) Today

600231 Stock   2.01  0.04  1.95%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 22

 
High
 
Low
Low
Lingyuan Iron is trading at 2.01 as of the 30th of November 2024, a 1.95 percent decrease since the beginning of the trading day. The stock's open price was 2.05. Lingyuan Iron has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Lingyuan Iron Steel are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
7th of April 2000
Category
Basic Materials
Lingyuan Iron is entity of China. It is traded as Stock on SHG exchange. The company has 2.85 B outstanding shares. More on Lingyuan Iron Steel

Moving together with Lingyuan Stock

  0.86600019 Baoshan Iron SteelPairCorr
  0.91002493 Rongsheng PetrochemicalPairCorr
  0.95600010 Inner Mongolia BaoTouPairCorr

Moving against Lingyuan Stock

  0.36600547 Shandong Gold MiningPairCorr

Lingyuan 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. Lingyuan Iron's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lingyuan Iron or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaIron (View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, Iron, Materials, Metals & Mining, Materials, Basic Materials (View all Sectors)
Lingyuan Iron's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lingyuan Iron'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
Lingyuan Iron 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 Lingyuan Iron's financial leverage. It provides some insight into what part of Lingyuan Iron's total assets is financed by creditors.
Liquidity
Lingyuan Iron 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. Lingyuan Iron Steel has accumulated 477.96 M in total debt. Debt can assist Lingyuan Iron until it has trouble settling it off, either with new capital or with free cash flow. So, Lingyuan Iron'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 Lingyuan Iron Steel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lingyuan to invest in growth at high rates of return. When we think about Lingyuan Iron's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(301.91 Million)
Lingyuan Iron Steel (600231) is traded on Shanghai Stock Exchange in China and employs 7,158 people. Lingyuan Iron is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lingyuan Iron's market, we take the total number of its shares issued and multiply it by Lingyuan Iron'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. Lingyuan Iron Steel operates under Metals & Mining sector and is part of Materials industry. The entity has 2.85 B outstanding shares. Lingyuan Iron generates positive cash flow from operations, but has no cash available
Check Lingyuan Iron Probability Of Bankruptcy
Ownership Allocation
Lingyuan Iron Steel maintains a total of 2.85 Billion outstanding shares. Lingyuan Iron Steel secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 75.43 % of Lingyuan Iron Steel outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Lingyuan Ownership Details

Lingyuan Iron Steel Risk Profiles

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

Lingyuan Stock Against Markets

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Lingyuan Iron Corporate Management

Elected by the shareholders, the Lingyuan Iron's board of directors comprises two types of representatives: Lingyuan Iron inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lingyuan. The board's role is to monitor Lingyuan Iron's management team and ensure that shareholders' interests are well served. Lingyuan Iron's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lingyuan Iron's outside directors are responsible for providing unbiased perspectives on the board's policies.
Yunqi WangChief GMProfile
Xiaoyong MaDeputy ManagerProfile
Wei HuangDeputy ManagerProfile
Baojie WangCompliance CounselProfile
Lixin ZhangDeputy ManagerProfile

Other Information on Investing in Lingyuan Stock

Lingyuan Iron financial ratios help investors to determine whether Lingyuan 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 Lingyuan with respect to the benefits of owning Lingyuan Iron security.