G Bits (China) Today

603444 Stock   205.00  7.30  3.69%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 9

 
High
 
Low
Low
G Bits is trading at 205.00 as of the 28th of November 2024, a 3.69 percent increase since the beginning of the trading day. The stock's open price was 197.7. G Bits has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for G bits Network Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Media & Entertainment
Category
Communication Services
G Bits is entity of China. It is traded as Stock on SHG exchange. The company has 72.04 M outstanding shares. More on G bits Network Technology

603444 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. G Bits' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding G Bits or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman MangHong Lu
Business ConcentrationInteractive Home Entertainment, Electronic Gaming & Multimedia, Communication Services, Communication Services, Entertainment, Electronic Gaming & Multimedia, Communication Services (View all Sectors)
G Bits' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to G Bits' 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
G Bits 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 G Bits' financial leverage. It provides some insight into what part of G Bits' total assets is financed by creditors.
Liquidity
G Bits 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. G bits Network Technology has accumulated 1.39 B in total debt. Debt can assist G Bits until it has trouble settling it off, either with new capital or with free cash flow. So, G Bits' 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 G bits Network sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 603444 to invest in growth at high rates of return. When we think about G Bits' use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(2.01 Million)
G bits Network Technology (603444) is traded on Shanghai Stock Exchange in China and employs 1,504 people. G Bits is listed under Interactive Home Entertainment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 14.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate G Bits's market, we take the total number of its shares issued and multiply it by G Bits'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. G bits Network operates under Entertainment sector and is part of Communication Services industry. The entity has 72.04 M outstanding shares. G Bits generates positive cash flow from operations, but has no cash available
Check G Bits Probability Of Bankruptcy
Ownership Allocation
G bits Network Technology has a total of 72.04 Million outstanding shares. G bits Network secures serious 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 holds, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check 603444 Ownership Details

G bits Network Risk Profiles

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

603444 Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in G Bits without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Holdings Now

   

Portfolio Holdings

Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
All  Next Launch Module

G Bits Corporate Executives

Elected by the shareholders, the G Bits' board of directors comprises two types of representatives: G Bits inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 603444. The board's role is to monitor G Bits' management team and ensure that shareholders' interests are well served. G Bits' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, G Bits' outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in 603444 Stock

G Bits financial ratios help investors to determine whether 603444 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 603444 with respect to the benefits of owning G Bits security.