China Xd Plastics Stock Return On Equity
| CXDCDelisted Stock | USD 0 0.00 0.00% |
China XD Plastics fundamentals help investors to digest information that contributes to China XD's financial success or failures. It also enables traders to predict the movement of China Stock. The fundamental analysis module provides a way to measure China XD'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 XD stock.
China |
China XD Plastics Company Return On Equity Analysis
China XD's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current China XD Return On Equity | -0.23 |
Most of China XD's fundamental indicators, such as Return On Equity, 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 XD Plastics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, China XD Plastics has a Return On Equity of -0.2266. This is 124.9% lower than that of the Auto Components sector and 103.85% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 26.9% lower than that of the firm.
China Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China XD's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of China XD could also be used in its relative valuation, which is a method of valuing China XD by comparing valuation metrics of similar companies.China XD is currently under evaluation in return on equity category among related companies.
China Fundamentals
| Return On Equity | -0.23 | |||
| Return On Asset | 0.0191 | |||
| Profit Margin | (0.14) % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 1.31 B | |||
| Shares Outstanding | 70.55 M | |||
| Shares Owned By Insiders | 49.42 % | |||
| Shares Owned By Institutions | 0.03 % | |||
| Number Of Shares Shorted | 41.51 K | |||
| Price To Earning | 25.22 X | |||
| Price To Book | 0.0002 X | |||
| Price To Sales | 0.0001 X | |||
| Revenue | 1.31 B | |||
| Gross Profit | 143.72 M | |||
| EBITDA | (196.1 M) | |||
| Net Income | (181.7 M) | |||
| Cash And Equivalents | 78.26 M | |||
| Cash Per Share | 1.11 X | |||
| Total Debt | 1.39 B | |||
| Debt To Equity | 1.81 % | |||
| Current Ratio | 1.09 X | |||
| Book Value Per Share | 10.17 X | |||
| Cash Flow From Operations | (3.02 M) | |||
| Short Ratio | 0.11 X | |||
| Earnings Per Share | (2.58) X | |||
| Target Price | 7.0 | |||
| Number Of Employees | 967 | |||
| Beta | 1.01 | |||
| Market Capitalization | 169.32 K | |||
| Total Asset | 2.92 B | |||
| Retained Earnings | 603.41 M | |||
| Working Capital | 230.38 M | |||
| Current Asset | 953.54 M | |||
| Current Liabilities | 723.16 M | |||
| Net Asset | 2.92 B |
About China XD Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China XD Plastics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China XD using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China XD Plastics 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.
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 XD 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 XD's short interest history, or implied volatility extrapolated from China XD options trading.
Pair Trading with China XD
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 XD 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 XD will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to China XD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China XD 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 China XD - 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 China XD Plastics to buy it.
The correlation of China XD 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 China XD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China XD Plastics 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 China XD 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. 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 XD Plastics information on this page should be used as a complementary analysis to other China XD'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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in China Stock
If you are still planning to invest in China XD Plastics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the China XD's history and understand the potential risks before investing.
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