Bright Dairy Financials
| 600597 Stock | 8.95 0.03 0.34% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 698.2 M | 1 B |
|
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Bright | Select Account or Indicator |
Understanding current and past Bright Dairy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bright Dairy's financial statements are interrelated, with each one affecting the others. For example, an increase in Bright Dairy's assets may result in an increase in income on the income statement.
Please note, the presentation of Bright Dairy'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, Bright Dairy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Bright Dairy's management manipulating its earnings.
Bright Dairy Stock Summary
Bright Dairy competes with Ming Yang, Loctek Ergonomic, Yes Optoelectronics, Hunan Nanling, and Guangdong Tianhe. Bright Dairy is entity of China. It is traded as Stock on SHG exchange.Specialization | Consumer Defensive, Food, Beverage & Tobacco |
| Instrument | China Stock View All |
| Exchange | Shanghai Stock Exchange |
| ISIN | CNE000001C99 |
| Business Address | No 578 Wuzhong |
| Sector | Food Products |
| Industry | Consumer Staples |
| Benchmark | Dow Jones Industrial |
| Website | www.brightdairy.com |
| Phone | 86 21 5458 4520 |
You should never invest in Bright Dairy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Bright Stock, because this is throwing your money away. Analyzing the key information contained in Bright Dairy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Bright Dairy Key Financial Ratios
Bright Dairy's financial ratios allow both analysts and investors to convert raw data from Bright Dairy's financial statements into concise, actionable information that can be used to evaluate the performance of Bright Dairy over time and compare it to other companies across industries.| Revenue | 26.49 B | ||||
| Gross Profit | 5.14 B | ||||
| EBITDA | 1.93 B | ||||
| Net Income | 967.33 M | ||||
| Total Asset | 24.23 B |
Bright Dairy Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 17.6B | 20.3B | 23.5B | 24.5B | 24.2B | 25.4B | |
| Other Current Liab | 3.8B | 3.8B | 2.2B | 2.3B | 172.4M | 163.8M | |
| Other Liab | 541.4M | 848.5M | 1.3B | 1.4B | 1.6B | 1.7B | |
| Retained Earnings | 3.0B | 3.4B | 3.8B | 3.9B | 4.1B | 4.3B | |
| Accounts Payable | 2.5B | 3.0B | 3.3B | 3.9B | 3.1B | 1.7B | |
| Cash | 2.5B | 2.9B | 3.2B | 2.6B | 3.3B | 2.1B | |
| Other Assets | 551.4M | 303.6M | 336.9M | 305.6M | 351.4M | 405.6M | |
| Long Term Debt | 1.5B | 1.3B | 1.7B | 990.5M | 534.7M | 582.5M | |
| Net Receivables | 1.7B | 1.8B | 1.9B | 2.3B | 1.9B | 1.3B | |
| Inventory | 2.3B | 2.9B | 3.1B | 4.2B | 3.6B | 3.7B | |
| Other Current Assets | 717.7M | 1.1B | 897.0M | 730.5M | 217.2M | 400.3M | |
| Total Liab | 10.2B | 11.4B | 13.1B | 13.9B | 12.8B | 6.6B | |
| Intangible Assets | 369.9M | 459.7M | 571.2M | 786.1M | 872.5M | 916.1M | |
| Good Will | 330.2M | 545.9M | 827.1M | 822.6M | 749.6M | 451.8M | |
| Net Tangible Assets | 5.0B | 5.3B | 6.4B | 6.4B | 7.3B | 5.6B | |
| Short Long Term Debt | 1.5B | 1.3B | 712.6M | 1.2B | 1.8B | 1.3B | |
| Total Current Assets | 7.2B | 9.0B | 9.2B | 9.9B | 9.7B | 9.4B | |
| Net Invested Capital | 8.7B | 8.9B | 10.3B | 10.2B | 11.2B | 10.7B | |
| Net Working Capital | (1.0B) | (30.0M) | 489.2M | (826.0M) | (477.7M) | (501.5M) |
Bright Dairy 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 | 147.9M | 102.1M | 109.9M | 159.9M | 34.8M | 35.8M | |
| Total Revenue | 22.6B | 25.2B | 29.2B | 28.2B | 26.5B | 15.9B | |
| Operating Income | 1.3B | 1.4B | 760.1M | 799.2M | 1.0B | 698.2M | |
| Cost Of Revenue | 15.5B | 18.7B | 23.8B | 23.0B | 21.3B | 11.0B | |
| Income Before Tax | 1.1B | 1.2B | 699.9M | 497.9M | 816.4M | 598.0M | |
| Net Income | 498.4M | 607.6M | 592.3M | 360.7M | 967.3M | 1.0B | |
| Income Tax Expense | 391.3M | 371.8M | 133.0M | 106.7M | 122.8M | 160.2M | |
| Minority Interest | 1.7B | 2.6B | 25.4M | (30.5M) | 136.8M | 129.9M | |
| Research Development | 68.1M | 72.8M | 89.3M | 84.7M | 86.2M | 71.7M | |
| Gross Profit | 7.1B | 6.5B | 5.4B | 5.3B | 5.2B | 5.2B | |
| Ebit | 1.3B | 1.2B | 670.7M | 577.8M | 520.0M | 902.4M | |
| Tax Provision | 391.3M | 371.8M | 133.0M | 106.7M | (14.2M) | (13.5M) | |
| Net Interest Income | (93.1M) | (83.9M) | (107.0M) | (147.5M) | (61.8M) | (64.8M) | |
| Interest Income | 62.0M | 34.2M | 31.6M | 39.3M | 35.1M | 32.7M | |
| Ebitda | 2.0B | 2.2B | 2.0B | 2.0B | 1.8B | 1.6B |
Bright Dairy Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Bright Dairy Food. It measures of how well Bright 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 Bright Dairy 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 Bright 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 Bright Dairy 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) | ||
| Capital Expenditures | 2.1B | 1.9B | 2.4B | 1.4B | 908.2M | 1.1B | |
| Net Income | 498.4M | 607.6M | 592.3M | 360.7M | 967.3M | 1.0B | |
| Dividends Paid | 305.6M | 287.2M | 263.7M | 335.1M | (276.6M) | (262.8M) | |
| Change To Inventory | (313.4M) | (447.2M) | (248.1M) | (1.2B) | 565.2M | 593.4M | |
| Change In Cash | (1.6B) | 471.6M | 242.1M | (554.4M) | 624.8M | 656.0M | |
| Net Borrowings | (1.9B) | (207.0M) | (570.5M) | 548.0M | 493.2M | 517.9M | |
| Depreciation | 810.7M | 851.1M | 1.2B | 1.3B | 1.5B | 1.0B | |
| Change To Netincome | 516.9M | 461.1M | 17.8M | 335.0M | 301.5M | 349.9M | |
| End Period Cash Flow | 2.5B | 2.9B | 3.2B | 2.6B | 3.3B | 2.5B | |
| Free Cash Flow | 356.9M | 278.9M | (324.4M) | (718.9M) | 556.2M | 584.0M | |
| Other Non Cash Items | 154.6M | 54.7M | 64.5M | 176.5M | 257.8M | 136.3M |
Bright Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bright Dairy's current stock value. Our valuation model uses many indicators to compare Bright Dairy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bright Dairy competition to find correlations between indicators driving Bright Dairy's intrinsic value. More Info.Bright Dairy Food 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 0.66 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bright Dairy Food is roughly 1.52 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Bright Dairy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bright Dairy'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.Bright Dairy Food Systematic Risk
Bright Dairy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bright Dairy 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Bright Dairy Food correlated with the market. If Beta is less than 0 Bright Dairy generally moves in the opposite direction as compared to the market. If Bright Dairy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bright Dairy Food is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bright Dairy is generally in the same direction as the market. If Beta > 1 Bright Dairy moves generally in the same direction as, but more than the movement of the benchmark.
Bright Dairy Food Total Assets Over Time
Bright Dairy Thematic Clasifications
Bright Dairy Food is part of Natural Foods 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. Natural food products and food packaging. Companies producing natural foods including dairy products and different types of meets
This theme covers Natural food products and food packaging. Companies producing natural foods including dairy products and different types of meets. Get More Thematic Ideas
| Natural Foods | View |
Bright Dairy December 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bright Dairy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bright Dairy Food. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bright Dairy Food based on widely used predictive technical indicators. In general, we focus on analyzing Bright Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bright Dairy's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.23 | |||
| Information Ratio | 0.1144 | |||
| Maximum Drawdown | 15.3 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 5.01 |
Complementary Tools for Bright Stock analysis
When running Bright Dairy's price analysis, check to measure Bright Dairy'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 Bright Dairy is operating at the current time. Most of Bright Dairy's value examination focuses on studying past and present price action to predict the probability of Bright Dairy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Dairy's price. Additionally, you may evaluate how the addition of Bright Dairy to your portfolios can decrease your overall portfolio volatility.
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