China Zhong Qi Stock Working Capital
China Zhong Qi fundamentals help investors to digest information that contributes to China Zhong'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 Zhong'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 Zhong pink sheet.
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China Zhong Qi Company Working Capital Analysis
China Zhong's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current China Zhong Working Capital | 33 K |
Most of China Zhong's fundamental indicators, such as Working Capital, 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 Zhong Qi is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
CompetitionAccording to the company's disclosures, China Zhong Qi has a Working Capital of 33 K. This is 100.0% lower than that of the Consumer Defensive sector and 99.98% lower than that of the Packaged Foods industry. The working capital for all United States stocks is 100.0% higher than that of the company.
China Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Zhong's direct or indirect competition against its Working Capital 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 Zhong could also be used in its relative valuation, which is a method of valuing China Zhong by comparing valuation metrics of similar companies.China Zhong is currently under evaluation in working capital category among related companies.
China Fundamentals
| Return On Asset | 530.14 | |||
| Profit Margin | 69.22 % | |||
| Operating Margin | 59.68 % | |||
| Current Valuation | 437.57 K | |||
| Shares Outstanding | 13.45 K | |||
| Price To Earning | 0.08 X | |||
| Price To Book | 32.15 X | |||
| Price To Sales | 0.26 X | |||
| Revenue | 1.19 M | |||
| Gross Profit | 903.59 K | |||
| Net Income | 820.57 K | |||
| Cash And Equivalents | 6.03 K | |||
| Cash Per Share | 0.04 X | |||
| Current Ratio | 1.98 X | |||
| Book Value Per Share | 0.09 X | |||
| Earnings Per Share | 5.55 X | |||
| Beta | -31.81 | |||
| Market Capitalization | 295.73 K | |||
| Total Asset | 71 K | |||
| Retained Earnings | 37 K | |||
| Working Capital | 33 K | |||
| Current Asset | 67 K | |||
| Current Liabilities | 34 K | |||
| Z Score | 15.98 |
Pair Trading with China Zhong
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 Zhong 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 Zhong will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Kohls Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kohls Corp 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 Kohls Corp - 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 Kohls Corp to buy it.
The correlation of Kohls Corp 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 Kohls Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kohls Corp 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 Kohls Corp 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 Investing Opportunities 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 gross domestic product. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in China Pink Sheet
If you are still planning to invest in China Zhong Qi 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 Zhong's history and understand the potential risks before investing.
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