Shanghai Broadband (China) Today

600608 Stock   4.10  0.09  2.24%   

Performance

19 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 13

 
High
 
Low
Low
Shanghai Broadband is trading at 4.10 as of the 1st of December 2024, a 2.24 percent increase since the beginning of the trading day. The stock's open price was 4.01. Shanghai Broadband has less than a 13 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Shanghai Broadband Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Materials
IPO Date
7th of March 1992
Category
Technology
Shanghai Broadband is entity of China. It is traded as Stock on SHG exchange. The company has 328.86 M outstanding shares. More on Shanghai Broadband Technology

Moving together with Shanghai Stock

  0.64002493 Rongsheng PetrochemicalPairCorr
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Moving against Shanghai Stock

  0.61600547 Shandong Gold MiningPairCorr
  0.42601857 PetroChinaPairCorr

Shanghai 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. Shanghai Broadband's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Shanghai Broadband or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaRailroads (View all Themes)
Business ConcentrationMetals & Mining, Communication Equipment, Technology, Railroads, Materials, Metals & Mining, Communication Equipment, Technology (View all Sectors)
Shanghai Broadband's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Shanghai Broadband'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
Shanghai Broadband 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 Shanghai Broadband's financial leverage. It provides some insight into what part of Shanghai Broadband's total assets is financed by creditors.
Liquidity
Shanghai Broadband 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. Shanghai Broadband Technology has accumulated 12.6 M in total debt. Debt can assist Shanghai Broadband until it has trouble settling it off, either with new capital or with free cash flow. So, Shanghai Broadband'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 Shanghai Broadband sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shanghai to invest in growth at high rates of return. When we think about Shanghai Broadband's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(372,720)
Shanghai Broadband Technology (600608) is traded on Shanghai Stock Exchange in China and employs 23 people. Shanghai Broadband 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 1.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shanghai Broadband's market, we take the total number of its shares issued and multiply it by Shanghai Broadband'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. Shanghai Broadband operates under Metals & Mining sector and is part of Materials industry. The entity has 328.86 M outstanding shares. Shanghai Broadband generates negative cash flow from operations
Check Shanghai Broadband Probability Of Bankruptcy
Ownership Allocation
Shanghai Broadband shows a total of 328.86 Million outstanding shares. Shanghai Broadband 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 Shanghai Ownership Details

Shanghai Broadband Risk Profiles

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

Shanghai Stock Against Markets

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Other Information on Investing in Shanghai Stock

Shanghai Broadband financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Broadband security.