Techshine Competitors

301379 Stock

20.89 0.46 2.15%

Techshine Electronics competes with Industrial, China Construction, Agricultural Bank, Bank of China, and PetroChina; as well as few others. The company operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. Analyzing Techshine Electronics competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Techshine Electronics to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Techshine Electronics Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Techshine Electronics competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
17.29	21.10	24.91

Details

Intrinsic

Valuation

Low	Real	High
13.01	16.82	22.98

Details

Naive

Forecast

Low	Next	High
17.59	21.39	25.20

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
15.88	20.75	25.62

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Techshine Electronics. Your research has to be compared to or analyzed against Techshine Electronics' peers to derive any actionable benefits. When done correctly, Techshine Electronics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Techshine Electronics.

Techshine Electronics Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Techshine Electronics and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Techshine and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Techshine Electronics does not affect the price movement of the other competitor.

	601398	601939	601288	601988	601857	600036	600938	600941	601328	601658
601398		0.96	0.96	0.97	0.6	0.62	0.51	0.88	0.89	0.81	601398
601939	0.96		0.93	0.92	0.6	0.76	0.53	0.79	0.91	0.91	601939
601288	0.96	0.93		0.97	0.59	0.52	0.51	0.84	0.87	0.79	601288
601988	0.97	0.92	0.97		0.56	0.5	0.46	0.89	0.86	0.77	601988
601857	0.6	0.6	0.59	0.56		0.54	0.94	0.67	0.64	0.57	601857
600036	0.62	0.76	0.52	0.5	0.54		0.49	0.38	0.74	0.86	600036
600938	0.51	0.53	0.51	0.46	0.94	0.49		0.59	0.56	0.56	600938
600941	0.88	0.79	0.84	0.89	0.67	0.38	0.59		0.73	0.61	600941
601328	0.89	0.91	0.87	0.86	0.64	0.74	0.56	0.73		0.89	601328
601658	0.81	0.91	0.79	0.77	0.57	0.86	0.56	0.61	0.89		601658
	601398	601939	601288	601988	601857	600036	600938	600941	601328	601658

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Risk-Adjusted Indicators

There is a big difference between Techshine Stock performing well and Techshine Electronics Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Techshine Electronics' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
601398	1.14	0.30	0.22	2.63	1.00	(1.49)	2.83	(1.71)	8.14
601939	1.14	0.31	0.18	5.46	1.16	(1.35)	3.32	(1.93)	8.64
601288	1.05	0.25	0.14	1.96	1.12	(1.17)	2.98	(1.89)	7.78
601988	1.02	0.26	0.18	5.26	0.93	(1.28)	2.67	(1.98)	7.70
601857	1.33	0.21	0.09	0.66	1.80	(1.69)	3.55	(2.01)	17.17
600036	1.57	0.37	0.16	1.83	1.76	(1.81)	4.65	(2.56)	13.83
600938	1.41	0.19	0.08	0.69	1.89	(1.53)	3.83	(2.13)	16.49
600941	1.07	0.20	0.16	1.36	0.94	(1.38)	3.09	(2.04)	8.38
601328	1.33	0.25	0.15	1.35	1.23	(1.58)	3.26	(2.12)	10.82
601658	1.36	0.29	0.16	1.02	1.32	(1.66)	3.49	(2.23)	9.13

Unable to evaluate fundamental data of [601398.SHG, 601939.SHG, 601288.SHG, 601988.SHG, 601857.SHG, 600036.SHG, 600938.SHG, 600941.SHG, 601328.SHG, 601658.SHG] at this time. Please try again later

All Fundamental Data

Techshine Electronics Competitive Analysis

The better you understand Techshine Electronics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Techshine Electronics' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Techshine Electronics' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	301379	601398	601939	601288	601988	601857	600036	600938	600941	601328
	2.15 20.89 Techshine	2.36 6.94 Industrial	1.14 8.88 China	1.14 5.31 Agricultural	1.47 5.51 Bank	2.73 9.02 PetroChina	0.46 39.40 China	1.01 29.04 CNOOC	0.61 115.59 China	0.13 7.74 Bank
Market Volatility (90 Days Market Risk)	Somewhat reliable	Not too volatile	Not too volatile	Not too volatile	Not too volatile	Not too volatile	Very steady	Very steady	Very steady	Not too volatile
Market Performance (90 Days Performance)	OK	OK	OK	OK	OK	Insignificant	OK	Modest	OK	Insignificant
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Very Small
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Under Valued	Under Valued	Under Valued	Under Valued	Over Valued	Over Valued	Over Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Sell	Cautious Hold	Sell	Strong Buy
Net Asset	N/A	44.7 T	38.32 T	39.87 T	32.43 T	2.75 T	11.03 T	929.03 B	1.99 T	14.06 T
Profit Margin	0.0911	0.56	0.54	0.49	0.44	0.0543	0.5	0.33	0.13	0.46
EBITDA	133.8 M	N/A	N/A	N/A	N/A	496.11 B	N/A	265.73 B	288.77 B	N/A
Operating Margin	0.12	0.65	0.67	0.58	0.53	0.0896	0.63	0.5	0.14	0.49
Current Valuation	2.33 B	1.12 T	763.68 B	395.55 B	5.88 T	1.62 T	450.65 B	722.88 B	1.31 T	1.43 T
Price To Book	2.22	0.66	0.67	0.64	0.62	1.08	0.88	1.9	1.81	0.53
Retained Earnings	N/A	1.91 T	1.67 T	1.11 T	1.13 T	914.38 B	568.37 B	448.99 B	777.16 B	326.74 B
Beta	1.11	0.25	0.32	0.25	0.29	0.81	0.89	0.81	0.28	0.31
Number Of Employees	2.15 K	419.25 K	376.87 K	451 K	306.93 K	375.8 K	116.53 K	21.79 K	451.83 K	94.28 K
Shares Outstanding	141.88 M	269.61 B	9.59 B	319.24 B	210.77 B	161.92 B	20.63 B	2.99 B	902.77 M	39.25 B
Cash Flow From Operations	N/A	1.42 T	642.85 B	1.83 T	816.45 B	456.6 B	477.3 B	205.57 B	303.78 B	137.32 B
Annual Yield	0.0185	N/A	N/A	N/A	N/A	N/A	N/A	0.0494	N/A	N/A
Total Debt	N/A	40.92 T	35.15 T	36.98 T	29.68 T	38.98 B	9.94 T	24.69 B	646.67 B	12.96 T
Return On Equity	0.095	0.0963	0.1	0.0951	0.0889	0.11	0.13	0.21	0.11	0.084
Return On Asset	0.0353	0.0079	0.0085	0.0067	0.0075	0.0564	0.0132	0.11	0.0461	0.0065
Book Value Per Share	9.6	10.04	12.48	7.27	7.99	8.14	39.73	15.07	61.92	12.83
Total Asset	N/A	44.7 T	38.32 T	39.87 T	32.43 T	2.75 T	11.03 T	929.03 B	1.99 T	14.06 T
Last Dividend Paid	0.29	0.31	0.4	0.23	0.24	0.44	1.97	1.25	4.38	0.38
Target Price	N/A	6.17	8.57	5.02	5.04	10.36	44.01	32.65	113.27	7.23
Shares Owned By Institutions	0.03	6.26	17.72	9.05	1.48	1.14	9.62	18.94	34.14	15.01
Market Capitalization	2.96 B	2.26 T	1.56 T	1.82 T	1.47 T	1.58 T	983.81 B	873.68 B	1.59 T	507.96 B
Price To Earnings To Growth	N/A	2.68	2.06	1.94	3.15	0.28	0.92	N/A	4.49	1.86
Price To Sales	2.16	3.47	2.52	3.22	2.77	0.53	3.35	2.0	1.55	2.52
Net Income	N/A	363.99 B	332.65 B	269.36 B	231.9 B	161.14 B	146.6 B	141.7 B	131.77 B	92.73 B
Earnings Per Share	0.88	0.98	1.3	0.73	0.74	0.89	5.6	3.0	6.36	1.15
Shares Owned By Insiders	57.79	87.53	7.96	84.51	94.2	94.62	48.69	32.81	13.18	42.4
Revenue	1.37 B	838.05 B	768.59 B	694.64 B	621.92 B	3.01 T	336.65 B	435.82 B	1.01 T	256.45 B
Working Capital	N/A	N/A	N/A	N/A	N/A	(30.49 B)	N/A	151.29 B	(60.46 B)	N/A
Gross Profit	255.58 M	735.57 B	667.93 B	580.23 B	502.99 B	1.03 T	344.78 B	201.49 B	421.94 B	213.12 B
Day Typical Price	20.85	6.91	8.89	5.33	5.51	8.94	39.32	29.14	115.66	7.76
Accumulation Distribution	240100.0	25.3 M	4 M	17.8 M	8.1 M	8.3 M	1.1 M	1.2 M	218726.0	3.6 M
Daily Balance Of Power	(0.48)	0.5714	0.4	0.3529	0.4706	0.8	0.3158	0.4603	0.2941	0.0588
Period Momentum Indicator	(0.46)	0.16	0.1	0.06	0.08	0.24	0.18	0.29	0.7	0.01
Rate Of Daily Change	0.98	1.02	1.01	1.01	1.01	1.03	1.0	1.01	1.01	1.0
Day Median Price	20.83	6.9	8.9	5.34	5.51	8.9	39.28	29.19	115.69	7.78
Price Action Indicator	(0.17)	0.12	0.035	0.005	0.045	0.24	0.21	N/A	0.25	(0.03)
Relative Strength Index	58.33	59.99	62.01	58.09	60.71	53.9	54.53	54.38	68.06	55.15
Coefficient Of Variation	662.36	478.82	486.31	551.53	518.7	907.79	573.7	1019.41	667.62	673.98
Mean Deviation	2.42	1.14	1.14	1.05	1.02	1.33	1.57	1.41	1.07	1.33
Jensen Alpha	0.5456	0.3011	0.3121	0.2468	0.2551	0.2135	0.3651	0.188	0.2041	0.2526
Total Risk Alpha	0.3837	0.2396	0.2456	0.1887	0.1967	0.1325	0.2769	0.1059	0.1458	0.1804
Sortino Ratio	0.1255	0.2157	0.1809	0.1426	0.178	0.0894	0.1638	0.0786	0.1575	0.1491
Downside Variance	16.38	1.57	2.39	2.31	1.56	4.55	4.24	4.31	1.23	2.27
Standard Deviation	3.66	1.51	1.58	1.44	1.38	2.14	2.19	2.12	1.47	1.82
Kurtosis	4.64	0.8971	1.69	1.03	1.39	7.69	2.54	5.79	1.92	2.23
Potential Upside	4.58	2.83	3.32	2.98	2.67	3.55	4.65	3.83	3.09	3.26
Treynor Ratio	(6.62)	2.63	5.46	1.96	5.26	0.6637	1.83	0.6873	1.36	1.35
Maximum Drawdown	26.58	8.14	8.64	7.78	7.7	17.17	13.83	16.49	8.38	10.82
Variance	13.4	2.28	2.48	2.08	1.92	4.56	4.81	4.5	2.15	3.29
Market Risk Adjusted Performance	(6.61)	2.64	5.47	1.97	5.27	0.6737	1.84	0.6973	1.37	1.36
Risk Adjusted Performance	0.1285	0.1717	0.1693	0.1494	0.1584	0.0943	0.1457	0.0847	0.1243	0.1242
Skewness	0.1056	0.4208	0.2269	0.1734	0.4814	(0.61)	(0.03)	0.0388	0.7631	0.7822
Semi Deviation	3.58	1.0	1.16	1.12	0.9343	1.8	1.76	1.89	0.9368	1.23
Information Ratio	0.1388	0.1792	0.1773	0.1503	0.1605	0.0892	0.1539	0.077	0.1193	0.1237
Value At Risk	(5.03)	(1.71)	(1.93)	(1.89)	(1.98)	(2.01)	(2.56)	(2.13)	(2.04)	(2.12)
Expected Short fall	(2.44)	(1.49)	(1.35)	(1.17)	(1.28)	(1.69)	(1.81)	(1.53)	(1.38)	(1.58)
Downside Deviation	4.05	1.25	1.54	1.52	1.25	2.13	2.06	2.08	1.11	1.51
Semi Variance	12.8	1.01	1.34	1.25	0.873	3.23	3.08	3.56	0.8777	1.5

Techshine Electronics Competition Performance Charts

Five steps to successful analysis of Techshine Electronics Competition

Techshine Electronics' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Techshine Electronics in relation to its competition. Techshine Electronics' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Techshine Electronics in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Techshine Electronics' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Techshine Electronics, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Techshine Electronics position

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Techshine Electronics financial ratios help investors to determine whether Techshine 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 Techshine with respect to the benefits of owning Techshine Electronics security.

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Techshine Competitors

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Techshine Electronics Competition Correlation Matrix

Risk-Adjusted Indicators

Techshine Electronics Competitive Analysis

Techshine Electronics Competition Performance Charts

Five steps to successful analysis of Techshine Electronics Competition

Complement your Techshine Electronics position

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