China National Financials
| 600536 Stock | 55.46 0.80 1.46% |
Operating Margin (0.08) | Profit Margin (0.03) | Return On Equity 0.0256 |
China | Select Account or Indicator |
Understanding current and past China National Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of China National's financial statements are interrelated, with each one affecting the others. For example, an increase in China National's assets may result in an increase in income on the income statement.
Please note, the presentation of China National's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, China National's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of China National's management manipulating its earnings.
China National Stock Summary
China National competes with Shandong, Huatian Hotel, Jiangsu Broadcasting, Glodon Software, and Hunan TV. China National is entity of China. It is traded as Stock on SHG exchange.Specialization | Information Technology, Software - Application |
| Instrument | China Stock View All |
| Exchange | Shanghai Stock Exchange |
| ISIN | CNE000001BB0 |
| Business Address | China Software Software |
| Sector | Software |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.css.com.cn |
| Phone | 86 10 6215 8879 |
You should never invest in China National without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of China Stock, because this is throwing your money away. Analyzing the key information contained in China National's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
China National Key Financial Ratios
China National's financial ratios allow both analysts and investors to convert raw data from China National's financial statements into concise, actionable information that can be used to evaluate the performance of China National over time and compare it to other companies across industries.| Revenue | 6.72 B | ||||
| Gross Profit | 3.07 B | ||||
| EBITDA | 125.47 M | ||||
| Net Income | (232.75 M) | ||||
| Total Asset | 9.26 B |
China National Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 6.7B | 8.7B | 10.9B | 10.3B | 9.3B | 9.7B | |
| Other Current Liab | 777.0M | 1.3B | 1.6B | 20.6M | 22.0M | 20.9M | |
| Retained Earnings | 803.0M | 824.5M | 879.3M | 828.6M | 573.4M | 424.8M | |
| Accounts Payable | 2.3B | 3.5B | 4.1B | 3.5B | 2.6B | 2.7B | |
| Cash | 2.6B | 2.5B | 3.3B | 2.4B | 1.9B | 1.4B | |
| Other Assets | 117.4M | 150.5M | 183.5M | 229.4M | 263.8M | 276.9M | |
| Net Receivables | 1.6B | 2.1B | 2.1B | 2.5B | 2.1B | 1.1B | |
| Inventory | 1.1B | 1.7B | 2.6B | 1.6B | 976.6M | 719.3M | |
| Other Current Assets | 234.0M | 294.3M | 387.5M | 32.4M | 49.8M | 47.3M | |
| Total Liab | 4.0B | 5.8B | 7.6B | 6.7B | 5.8B | 6.1B | |
| Intangible Assets | 197.5M | 182.5M | 191.8M | 243.3M | 443.9M | 466.1M | |
| Other Liab | 99.5M | 175.4M | 353.3M | 128.4M | 147.7M | 153.0M | |
| Long Term Debt | 402.6M | 210M | 675M | 630M | 676M | 709.8M | |
| Net Tangible Assets | 2.1B | 2.1B | 2.3B | 2.3B | 2.7B | 2.2B | |
| Total Current Assets | 5.5B | 7.4B | 8.7B | 7.4B | 6.3B | 6.5B | |
| Short Long Term Debt | 249.9M | 308.1M | 302.8M | 415.9M | 557.8M | 377.1M | |
| Net Invested Capital | 2.9B | 2.8B | 3.4B | 3.5B | 3.5B | 3.4B | |
| Net Working Capital | 2.0B | 1.9B | 2.4B | 1.5B | 1.3B | 1.5B |
China National Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 22.5M | 25.9M | 61.4M | 60.1M | 53.6M | 56.3M | |
| Total Revenue | 5.8B | 7.4B | 10.4B | 9.6B | 6.7B | 3.8B | |
| Operating Income | 194.9M | 257.2M | 117.4M | 203.2M | (157.1M) | (149.2M) | |
| Cost Of Revenue | 3.8B | 5.1B | 7.3B | 6.6B | 4.2B | 2.5B | |
| Income Before Tax | 152.7M | 184.1M | 230.0M | 261.0M | (11.2M) | (10.6M) | |
| Net Income | 61.8M | 68.2M | 75.6M | 45.3M | (232.7M) | (221.1M) | |
| Income Tax Expense | 2.7M | 11.0M | 19.1M | 27.3M | 31.4M | 33.0M | |
| Minority Interest | 489.0M | 574.6M | (127.1M) | (198.7M) | (224.9M) | (213.7M) | |
| Research Development | 1.2B | 1.3B | 1.8B | 1.8B | 1.5B | 1.3B | |
| Gross Profit | 2.0B | 2.3B | 3.1B | 3.0B | 2.5B | 2.4B | |
| Ebit | 70.7M | 149.1M | 124.9M | 143.7M | 165.2M | 106.6M | |
| Tax Provision | 11.0M | 19.1M | 27.3M | 16.9M | (3.3M) | (3.2M) | |
| Net Interest Income | (8.7M) | (6.1M) | (33.6M) | (37.7M) | (35.8M) | (34.0M) | |
| Interest Income | 18.6M | 24.8M | 31.9M | 28.8M | 21.6M | 25.7M | |
| Ebitda | 273.0M | 316.3M | 476.8M | 563.8M | 648.4M | 384.7M |
China National Key Cash Accounts
Cash flow analysis captures how much money flows into and out of China National Software. It measures of how well China is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money China National brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money China had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what China National has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Dividends Paid | 56.8M | 39.2M | 72.3M | 68.4M | 64.7M | 51.0M | |
| Capital Expenditures | 71.3M | 85.8M | 210.2M | 219.2M | 258.6M | 271.5M | |
| Net Income | 61.8M | 68.2M | 75.6M | 45.3M | (232.7M) | (221.1M) | |
| Change To Inventory | (120.1M) | (592.7M) | (878.7M) | 1.0B | 326.6M | 342.9M | |
| Investments | (23.5M) | (37.8M) | (378.7M) | (720.4M) | 125.9M | 132.2M | |
| Change In Cash | 1.0B | (41.8M) | 739.2M | (922.0M) | (375.4M) | (356.6M) | |
| Net Borrowings | (43.0M) | 165.8M | (111.8M) | 380.0M | 437.0M | 458.9M | |
| Depreciation | 97.8M | 106.3M | 147.7M | 242.8M | 244.3M | 154.2M | |
| Change To Netincome | 78.7M | 166.6M | 200.3M | 52.1M | 59.9M | 119.1M | |
| End Period Cash Flow | 2.5B | 2.5B | 3.2B | 2.3B | 1.9B | 2.4B | |
| Free Cash Flow | 917.5M | 94.9M | 579.7M | (698.7M) | (753.3M) | (715.6M) | |
| Other Non Cash Items | 27.5M | 36.3M | 79.9M | 131.8M | 110.8M | 71.9M |
China Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining China National's current stock value. Our valuation model uses many indicators to compare China National value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across China National competition to find correlations between indicators driving China National's intrinsic value. More Info.China National Software is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.10 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for China National Software is roughly 10.24 . Comparative valuation analysis is a catch-all model that can be used if you cannot value China National by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for China National's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.China National Software Systematic Risk
China National's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. China National volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on China National Software correlated with the market. If Beta is less than 0 China National generally moves in the opposite direction as compared to the market. If China National Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one China National Software is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of China National is generally in the same direction as the market. If Beta > 1 China National moves generally in the same direction as, but more than the movement of the benchmark.
China National Software Total Assets Over Time
China National Thematic Clasifications
China National Software is part of Software investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business
This theme covers Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business. Get More Thematic Ideas
| Software | View |
China National December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of China National help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of China National Software. We use our internally-developed statistical techniques to arrive at the intrinsic value of China National Software based on widely used predictive technical indicators. In general, we focus on analyzing China Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build China National's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.96 | |||
| Information Ratio | 0.215 | |||
| Maximum Drawdown | 18.19 | |||
| Value At Risk | (7.34) | |||
| Potential Upside | 10.0 |
Complementary Tools for China Stock analysis
When running China National's price analysis, check to measure China National's 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 China National is operating at the current time. Most of China National's value examination focuses on studying past and present price action to predict the probability of China National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China National's price. Additionally, you may evaluate how the addition of China National to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |