Citic Resources Holdings Stock Book Value Per Share
| CTJHY Stock | USD 11.69 0.32 2.66% |
CITIC Resources Holdings fundamentals help investors to digest information that contributes to CITIC Resources' financial success or failures. It also enables traders to predict the movement of CITIC Pink Sheet. The fundamental analysis module provides a way to measure CITIC Resources' 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 CITIC Resources pink sheet.
CITIC |
CITIC Resources Holdings Company Book Value Per Share Analysis
CITIC Resources' Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current CITIC Resources Book Value Per Share | 187.20 X |
Most of CITIC Resources' fundamental indicators, such as Book Value Per Share, 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, CITIC Resources Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of CITIC Resources Holdings is about 187 times. This is 62.79% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The book value per share for all United States stocks is 90.31% higher than that of the company.
CITIC Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CITIC Resources' direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of CITIC Resources could also be used in its relative valuation, which is a method of valuing CITIC Resources by comparing valuation metrics of similar companies.CITIC Resources is currently under evaluation in book value per share category among related companies.
CITIC Fundamentals
| Return On Equity | 0.24 | |||
| Return On Asset | 0.0748 | |||
| Profit Margin | 0.27 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 538.46 M | |||
| Shares Outstanding | 39.29 M | |||
| Price To Earning | 7.47 X | |||
| Price To Book | 0.53 X | |||
| Price To Sales | 0.09 X | |||
| Revenue | 4.35 B | |||
| Gross Profit | 1.19 B | |||
| EBITDA | 1.85 B | |||
| Net Income | 1.1 B | |||
| Cash And Equivalents | 1.38 B | |||
| Cash Per Share | 35.24 X | |||
| Total Debt | 3.42 B | |||
| Debt To Equity | 0.61 % | |||
| Current Ratio | 1.89 X | |||
| Book Value Per Share | 187.20 X | |||
| Cash Flow From Operations | 1.11 B | |||
| Earnings Per Share | 3.58 X | |||
| Number Of Employees | 199 | |||
| Beta | 0.88 | |||
| Market Capitalization | 540.76 M | |||
| Total Asset | 12.7 B | |||
| Retained Earnings | (4.45 B) | |||
| Working Capital | (364 M) | |||
| Current Asset | 3.96 B | |||
| Current Liabilities | 4.32 B | |||
| Annual Yield | 0.1 % | |||
| Net Asset | 12.7 B | |||
| Last Dividend Paid | 0.045 |
About CITIC Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CITIC Resources Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CITIC Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CITIC Resources Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with CITIC Resources
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 CITIC Resources 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 CITIC Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CITIC Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CITIC Resources 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 CITIC Resources - 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 CITIC Resources Holdings to buy it.
The correlation of CITIC Resources 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 CITIC Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CITIC Resources Holdings 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 CITIC Resources 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 CITIC Resources Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the CITIC Resources Holdings information on this page should be used as a complementary analysis to other CITIC Resources' 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for CITIC Pink Sheet analysis
When running CITIC Resources' price analysis, check to measure CITIC Resources' 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 CITIC Resources is operating at the current time. Most of CITIC Resources' value examination focuses on studying past and present price action to predict the probability of CITIC Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CITIC Resources' price. Additionally, you may evaluate how the addition of CITIC Resources to your portfolios can decrease your overall portfolio volatility.
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