Zhejiang Competitors

603239 Stock

14.61 0.21 1.42%

Zhejiang Xiantong competes with Shaanxi Meineng, Ligao Foods, Kingclean Electric, Iat Automobile, and ROPEOK Technology; as well as few others. The company operates under Automobile Components sector and is part of Consumer Discretionary industry. Analyzing Zhejiang Xiantong 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 Zhejiang Xiantong to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Zhejiang Xiantong 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 Zhejiang Xiantong competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
11.68	14.61	17.54

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Intrinsic

Valuation

Low	Real	High
10.91	13.84	16.77

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Earnings

Estimates (0)

Low	Projected EPS	High
0.00	0.00	0.00

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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zhejiang Xiantong. Your research has to be compared to or analyzed against Zhejiang Xiantong's peers to derive any actionable benefits. When done correctly, Zhejiang Xiantong's 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 Zhejiang Xiantong.

Zhejiang Xiantong Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Zhejiang Xiantong 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 Zhejiang 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 Zhejiang Xiantong does not affect the price movement of the other competitor.

	001299	300973	603355	300825	688619	605499	300057	603336
001299		0.91	0.71	0.93	0.98	0.86	0.9	0.89	001299
300973	0.91		0.8	0.85	0.94	0.94	0.89	0.9	300973
603355	0.71	0.8		0.63	0.75	0.82	0.88	0.75	603355
300825	0.93	0.85	0.63		0.94	0.79	0.82	0.86	300825
688619	0.98	0.94	0.75	0.94		0.91	0.92	0.9	688619
605499	0.86	0.94	0.82	0.79	0.91		0.91	0.81	605499
300057	0.9	0.89	0.88	0.82	0.92	0.91		0.86	300057
603336	0.89	0.9	0.75	0.86	0.9	0.81	0.86		603336
	001299	300973	603355	300825	688619	605499	300057	603336

Click cells to compare fundamentals

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Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Zhejiang Stock performing well and Zhejiang Xiantong 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 Zhejiang Xiantong's 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
001299	1.89	0.33	0.11	1.81	2.16	(2.08)	4.15	(3.08)	15.29
300973	3.31	1.07	0.31	3.62	2.82	(4.30)	9.93	(3.91)	26.72
603355	1.57	0.16	0.03	(6.75)	1.99	(1.89)	3.76	(3.10)	18.51
300825	3.20	0.67	0.13	(0.99)	3.48	(3.58)	9.23	(6.50)	25.82
688619	2.82	0.87	0.20	(4.70)	2.89	(3.00)	6.11	(4.19)	28.36
605499	1.62	0.54	0.27	1.91	1.21	(1.85)	4.23	(2.65)	14.01
300057	2.95	0.45	0.10	2.03	3.56	(3.32)	7.76	(5.19)	28.17
603336	3.03	0.77	0.21	2.22	2.97	(3.63)	8.72	(5.52)	19.60

Cross Equities Net Income Analysis

Compare Zhejiang Xiantong and related stocks such as Shaanxi Meineng Clean, Ligao Foods CoLtd, and Kingclean Electric Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
001299	86.9 M	86.9 M	86.9 M	86.9 M	86.9 M	86.9 M	86.9 M	86.9 M	86.9 M	86.9 M	96.1 M	101.5 M	94.2 M	108.3 M	104.2 M
300973	181.4 M	181.4 M	181.4 M	181.4 M	181.4 M	181.4 M	181.4 M	181.4 M	181.4 M	181.4 M	232.1 M	283.1 M	143.8 M	73 M	69.4 M
603355	330.7 M	330.7 M	330.7 M	317.2 M	344 M	363.8 M	501.4 M	365.5 M	423 M	502.3 M	328 M	502.6 M	982.9 M	1.1 B	1.2 B
300825	2.3 M	2.3 M	2.3 M	2.3 M	15.2 M	(15.5 M)	10.2 M	46.2 M	122.7 M	130.3 M	110.9 M	205.4 M	82.4 M	36 M	34.2 M
688619	35.1 M	35.1 M	35.1 M	35.1 M	35.1 M	35.1 M	35.1 M	35.1 M	54.7 M	101.7 M	158.5 M	88.1 M	(202.7 M)	(47.9 M)	(45.5 M)
605499	296.2 M	296.2 M	296.2 M	296.2 M	296.2 M	296.2 M	296.2 M	296.2 M	215.8 M	570.6 M	812.1 M	1.2 B	1.4 B	2 B	1 B
300057	80.6 M	82.3 M	129.1 M	144.4 M	179.6 M	64.6 M	75.7 M	79.6 M	121.8 M	134.4 M	77.1 M	(43.9 M)	204.5 M	(49.9 M)	(47.4 M)
603336	60.6 M	60.6 M	60.6 M	60.6 M	60.6 M	60.6 M	60.6 M	63.3 M	64.2 M	79 M	73.2 M	47 M	47.4 M	24 M	45.9 M

Zhejiang Xiantong and related stocks such as Shaanxi Meineng Clean, Ligao Foods CoLtd, and Kingclean Electric Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Zhejiang Xiantong financial statement analysis. It represents the amount of money remaining after all of Zhejiang Xiantong RubberPlastic operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Zhejiang Xiantong Competitive Analysis

The better you understand Zhejiang Xiantong competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Zhejiang Xiantong's 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 Zhejiang Xiantong's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	603239	001299	300973	603355	300825	688619	605499	300057	603336
	1.42 14.61 Zhejiang	1.43 13.80 Shaanxi	0.94 46.50 Ligao	3.15 22.76 Kingclean	4.69 12.61 Iat	3.30 9.96 ROPEOK	1.99 251.27 Eastroc	3.95 5.59 Shantou	3.45 5.32 Great
Market Volatility (90 Days Market Risk)	Not too volatile	Not too volatile	Not too volatile	Not too volatile	Slightly risky	Slightly risky	Very steady	Relatively risky	Relatively risky
Market Performance (90 Days Performance)	Good	Good	Solid	OK	Good	Solid	Solid	Good	Solid
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Very Small	Low	Low	Below Average	Low	Below Average	Very Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Under Valued	Over Valued	Over 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
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Sell	Sell	Strong Sell	Strong Sell	Strong Sell	Hold	Strong Sell	Strong Sell
Net Asset	1.43 B	1.62 B	3.94 B	12.56 B	3.39 B	1.91 B	14.71 B	10.22 B	1.84 B
Profit Margin	0.16	0.14	0.0324	0.12	0.0047	-0.59	0.2	-0.0162	0.0096
EBITDA	250.12 M	137.14 M	271.64 M	1.25 B	176.6 M	(142.02 M)	3.88 B	168.41 M	67.06 M
Operating Margin	0.16	0.12	0.12	0.12	0.12	-0.76	0.25	0.0032	0.0458
Current Valuation	3.9 B	2.03 B	7.9 B	12.72 B	6.37 B	2.08 B	125.77 B	6.44 B	3.64 B
Price To Book	3.54	2.07	3.13	2.4	2.59	1.93	18.24	0.98	2.58
Retained Earnings	384.51 M	495.56 M	594.6 M	2.58 B	590.51 M	(28.84 M)	3.64 B	901.8 M	434.22 M
Beta	0.4	1.94	0.8	0.47	1.01	0.61	0.42	0.51	0.1
Number Of Employees	2.37 K	N/A	4.22 K	9.5 K	2.53 K	347	9.46 K	2.46 K	753
Shares Outstanding	270.72 M	187.58 M	169.34 M	573.51 M	498.04 M	185.44 M	520.01 M	910.65 M	570.39 M
Cash Flow From Operations	187.43 M	138.18 M	304.71 M	840.16 M	49.67 M	(41.34 M)	3.28 B	484.47 M	(3.49 M)
Annual Yield	N/A	0.0214	0.0149	N/A	N/A	N/A	0.018	N/A	N/A
Total Debt	357.23 M	390.02 M	77.16 M	2.91 B	494.81 M	353.26 M	3 B	1.65 B	398.1 M
Return On Equity	0.17	0.0641	0.0451	0.25	-0.0021	-0.13	0.48	-0.0196	0.0066
Return On Asset	0.0903	0.0218	0.0221	0.0507	-0.0021	-0.0508	0.13	-0.0025	0.0122
Book Value Per Share	4.13	6.9	15.19	9.47	4.94	5.55	13.51	6.08	2.06
Total Asset	1.43 B	1.62 B	3.94 B	12.56 B	3.39 B	1.91 B	14.71 B	10.22 B	1.84 B
Last Dividend Paid	0.32	0.3	0.5	N/A	N/A	N/A	4.42	N/A	N/A
Target Price	N/A	N/A	39.16	36.44	15.5	25.0	221.07	14.69	21.54
Shares Owned By Institutions	6.15	0.15	7.67	1.12	0.4	1.76	8.71	5.7	1.73
Market Capitalization	3.96 B	2.59 B	7.87 B	13.05 B	6.59 B	1.85 B	130.66 B	5.11 B	3.03 B
Price To Sales	3.37	4.02	2.17	1.36	7.56	7.83	8.61	0.82	2.88
Net Income	151.04 M	94.21 M	73.03 M	1.12 B	35.97 M	(47.89 M)	2.04 B	(49.89 M)	23.95 M
Earnings Per Share	0.68	0.47	0.7	2.04	0.01	-0.77	6.68	-0.11	0.01
Shares Owned By Insiders	62.0	74.3	58.42	84.48	28.72	57.01	77.77	34.06	51.42
Revenue	1.07 B	549.9 M	3.5 B	8.79 B	857.95 M	447.86 M	11.26 B	5.37 B	1.09 B
Working Capital	559.48 M	664.32 M	1.41 B	2.78 B	963.12 M	520.65 M	721.22 M	1.66 B	672.27 M
Gross Profit	263.41 M	132.56 M	924.56 M	1.99 B	474.77 M	18.91 M	8.5 B	593.68 M	102.51 M
Day Typical Price	14.69	13.84	46.19	23.02	12.78	10.11	251.34	5.66	5.37
Accumulation Distribution	100074.0	47382.61	1 M	172420.0	1.3 M	215143.0	419442.0	890329.0	968354.0
Daily Balance Of Power	(0.62)	(0.74)	(0.10)	(0.87)	(1.17)	(0.69)	0.3453	(1.10)	(1.00)
Period Momentum Indicator	(0.21)	(0.20)	(0.44)	(0.74)	(0.62)	(0.34)	4.9	(0.23)	(0.19)
Rate Of Daily Change	0.99	0.99	0.99	0.97	0.95	0.97	1.02	0.96	0.97
Day Median Price	14.73	13.87	46.04	23.16	12.87	10.18	251.38	5.7	5.4
Price Action Indicator	(0.23)	(0.16)	0.24	(0.76)	(0.57)	(0.39)	2.34	(0.22)	(0.17)
Coefficient Of Variation	867.39	691.97	407.18	1465.21	697.06	481.23	405.51	907.32	497.27
Mean Deviation	1.98	1.89	3.31	1.57	3.2	2.82	1.62	2.95	3.03
Jensen Alpha	0.2972	0.329	1.07	0.1574	0.6688	0.8733	0.5406	0.4545	0.7672
Total Risk Alpha	(0.04)	0.0399	0.5371	(0.15)	0.0734	0.3384	0.2764	(0.07)	0.2993
Sortino Ratio	0.0871	0.1067	0.3102	0.0294	0.1293	0.205	0.2716	0.0968	0.2086
Downside Variance	6.74	5.76	10.55	4.92	16.37	13.99	3.09	15.86	11.57
Standard Deviation	2.83	2.46	4.51	2.42	4.34	4.17	2.34	4.41	4.03
Kurtosis	3.42	1.37	1.79	5.67	1.56	4.96	3.78	3.43	0.4804
Potential Upside	4.6	4.15	9.93	3.76	9.23	6.11	4.23	7.76	8.72
Treynor Ratio	1.5	1.81	3.62	(6.75)	(0.99)	(4.70)	1.91	2.03	2.22
Maximum Drawdown	18.13	15.29	26.72	18.51	25.82	28.36	14.01	28.17	19.6
Variance	8.01	6.07	20.34	5.87	18.87	17.4	5.48	19.41	16.21
Market Risk Adjusted Performance	1.51	1.82	3.63	(6.74)	(0.98)	(4.69)	1.92	2.04	2.23
Risk Adjusted Performance	0.091	0.1118	0.1865	0.0565	0.1123	0.1589	0.1857	0.0883	0.154
Skewness	0.542	(0.02)	0.5636	0.217	0.1881	0.9679	1.29	0.4814	0.2632
Semi Deviation	2.25	2.16	2.82	1.99	3.48	2.89	1.21	3.56	2.97
Information Ratio	0.0799	0.1039	0.2234	0.0269	0.1204	0.1838	0.2038	0.0875	0.1762
Value At Risk	(3.05)	(3.08)	(3.91)	(3.10)	(6.50)	(4.19)	(2.65)	(5.19)	(5.52)
Expected Short fall	(2.17)	(2.08)	(4.30)	(1.89)	(3.58)	(3.00)	(1.85)	(3.32)	(3.63)
Downside Deviation	2.6	2.4	3.25	2.22	4.05	3.74	1.76	3.98	3.4
Semi Variance	5.06	4.65	7.95	3.97	12.1	8.36	1.47	12.65	8.81

Zhejiang Xiantong Competition Performance Charts

Five steps to successful analysis of Zhejiang Xiantong Competition

Zhejiang Xiantong's 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 Zhejiang Xiantong in relation to its competition. Zhejiang Xiantong's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Zhejiang Xiantong 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 Zhejiang Xiantong's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Zhejiang Xiantong, 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 Zhejiang Xiantong position

In addition to having Zhejiang Xiantong in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Internet Service Providers (ISP) companies and IT providers specializing in internet technologies. The ISP theme has 39 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize ISP Theme or any other thematic opportunities.

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Other Information on Investing in Zhejiang Stock

Zhejiang Xiantong financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Xiantong security.

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Zhejiang Competitors

Specify up to 10 symbols:

Zhejiang Xiantong Competition Correlation Matrix

Risk-Adjusted Indicators

Cross Equities Net Income Analysis

Zhejiang Xiantong and related stocks such as Shaanxi Meineng Clean, Ligao Foods CoLtd, and Kingclean Electric Net Income description

Zhejiang Xiantong Competitive Analysis

Zhejiang Xiantong Competition Performance Charts

Five steps to successful analysis of Zhejiang Xiantong Competition

Complement your Zhejiang Xiantong position

Did You Try This Idea?

Run ISP Thematic Idea Now

ISP

Other Information on Investing in Zhejiang Stock

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