China Mengniu Dairy Stock Shares Outstanding
China Mengniu Dairy fundamentals help investors to digest information that contributes to China Mengniu's financial success or failures. It also enables traders to predict the movement of China Pink Sheet. The fundamental analysis module provides a way to measure China Mengniu's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to China Mengniu pink sheet.
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China Mengniu Dairy Company Shares Outstanding Analysis
China Mengniu's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current China Mengniu Shares Outstanding | 3.96 B |
Most of China Mengniu's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, China Mengniu Dairy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
CompetitionBased on the latest financial disclosure, China Mengniu Dairy has 3.96 B of shares currently outstending. This is much higher than that of the Consumer Defensive sector and significantly higher than that of the Packaged Foods industry. The shares outstanding for all United States stocks is significantly lower than that of the firm.
China Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Mengniu's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of China Mengniu could also be used in its relative valuation, which is a method of valuing China Mengniu by comparing valuation metrics of similar companies.China Mengniu is currently under evaluation in shares outstanding category among related companies.
China Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0259 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 19.99 B | |||
| Shares Outstanding | 3.96 B | |||
| Shares Owned By Insiders | 24.04 % | |||
| Shares Owned By Institutions | 51.80 % | |||
| Price To Earning | 30.43 X | |||
| Price To Book | 2.98 X | |||
| Price To Sales | 0.20 X | |||
| Revenue | 88.14 B | |||
| Gross Profit | 32.21 B | |||
| EBITDA | 9.01 B | |||
| Net Income | 5.03 B | |||
| Cash And Equivalents | 15.31 B | |||
| Cash Per Share | 3.87 X | |||
| Total Debt | 22.41 B | |||
| Debt To Equity | 0.82 % | |||
| Current Ratio | 1.08 X | |||
| Book Value Per Share | 9.83 X | |||
| Cash Flow From Operations | 7.54 B | |||
| Earnings Per Share | 0.22 X | |||
| Price To Earnings To Growth | 1.85 X | |||
| Number Of Employees | 44.28 K | |||
| Beta | 0.66 | |||
| Market Capitalization | 18.64 B | |||
| Total Asset | 98.1 B | |||
| Retained Earnings | 12.76 B | |||
| Working Capital | 4.44 B | |||
| Current Asset | 21.71 B | |||
| Current Liabilities | 17.27 B | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 0.64 % | |||
| Net Asset | 98.1 B | |||
| Last Dividend Paid | 0.38 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards China Mengniu in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, China Mengniu's short interest history, or implied volatility extrapolated from China Mengniu options trading.
Pair Trading with China Mengniu
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Mengniu position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Mengniu will appreciate offsetting losses from the drop in the long position's value.Moving together with China Pink Sheet
| 0.78 | NSRGF | Nestle SA | PairCorr |
Moving against China Pink Sheet
| 0.82 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.8 | SMFG | Sumitomo Mitsui Financial Financial Report 20th of May 2024 | PairCorr |
| 0.78 | MZHOF | Mizuho Financial | PairCorr |
| 0.77 | MUFG | Mitsubishi UFJ Financial Financial Report 20th of May 2024 | PairCorr |
| 0.76 | SMFNF | Sumitomo Mitsui Financial | PairCorr |
The ability to find closely correlated positions to PPG Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PPG Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PPG Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PPG Industries to buy it.
The correlation of PPG Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PPG Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PPG Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PPG Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Mengniu Dairy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the China Mengniu Dairy information on this page should be used as a complementary analysis to other China Mengniu's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for China Pink Sheet analysis
When running China Mengniu's price analysis, check to measure China Mengniu's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Mengniu is operating at the current time. Most of China Mengniu's value examination focuses on studying past and present price action to predict the probability of China Mengniu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Mengniu's price. Additionally, you may evaluate how the addition of China Mengniu to your portfolios can decrease your overall portfolio volatility.
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