Sobute New (China) Today
| 603916 Stock | 7.88 0.04 0.51% |
PerformanceInsignificant
| Odds Of DistressLow
|
Sobute New is trading at 7.88 as of the 23rd of March 2025, a 0.51 percent decrease since the beginning of the trading day. The stock's open price was 7.92. Sobute New has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 23rd of December 2024 and ending today, the 23rd of March 2025. Click here to learn more.
Moving together with Sobute Stock
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Sobute 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. Sobute New's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sobute New or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Materials, Chemicals, Building Materials, Basic Materials (View all Sectors) |
Sobute New Materials (603916) is traded on Shanghai Stock Exchange in China and employs 3,026 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sobute New's market, we take the total number of its shares issued and multiply it by Sobute New'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. Sobute New Materials operates under Chemicals sector and is part of Materials industry. The entity has 432.61 M outstanding shares.
Sobute New generates positive cash flow from operations, but has no cash available
Check Sobute New Probability Of Bankruptcy
Ownership AllocationSobute New Materials shows a total of 432.61 Million outstanding shares. Sobute New Materials 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 Sobute Ownership Details
Sobute New Materials Risk Profiles
Although Sobute New's alpha and beta are two of the key measurements used to evaluate Sobute New's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9091 | |||
| Semi Deviation | 1.19 | |||
| Standard Deviation | 1.15 | |||
| Variance | 1.32 |
Sobute Stock Against Markets
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sobute New 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 Top Crypto Exchanges Now
Top Crypto ExchangesSearch and analyze digital assets across top global cryptocurrency exchanges |
| All Next | Launch Module |
Other Information on Investing in Sobute Stock
Sobute New financial ratios help investors to determine whether Sobute 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 Sobute with respect to the benefits of owning Sobute New security.