Ningbo Tech (China) Buy Hold or Sell Recommendation
| 002124 Stock | 3.28 0.10 3.14% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Ningbo Tech Bank Co is 'Cautious Hold'. Macroaxis provides Ningbo Tech buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 002124 positions.
Check out Ningbo Tech Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Ningbo and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Ningbo Tech Bank Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Ningbo |
Execute Ningbo Tech Buy or Sell Advice
The Ningbo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ningbo Tech Bank Co. Macroaxis does not own or have any residual interests in Ningbo Tech Bank Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ningbo Tech's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Unstable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Ningbo Tech Trading Alerts and Improvement Suggestions
| Ningbo Tech Bank has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 10.23 B. Net Loss for the year was (2.88 B) with profit before overhead, payroll, taxes, and interest of 930.22 M. | |
| About 25.0% of the company shares are owned by insiders or employees |
Ningbo Tech Returns Distribution Density
The distribution of Ningbo Tech's historical returns is an attempt to chart the uncertainty of Ningbo Tech's future price movements. The chart of the probability distribution of Ningbo Tech daily returns describes the distribution of returns around its average expected value. We use Ningbo Tech Bank Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ningbo Tech returns is essential to provide solid investment advice for Ningbo Tech.
| Mean Return | 0.56 | Value At Risk | -4.31 | Potential Upside | 5.06 | Standard Deviation | 2.82 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ningbo Tech historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Ningbo Tech Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 1.2B | 5.1B | 2.3B | 1.1B | 600.1M | 764.6M | |
| Net Income | 100.4M | 3.2B | (4.5B) | 489.5M | (2.9B) | (2.7B) | |
| Change To Inventory | 169.2M | (810.0M) | 210.9M | (1.8B) | (951.8M) | (904.2M) | |
| Dividends Paid | 84.0M | 115.0M | 923.4M | 287.3M | 176.7M | 138.0M | |
| Investments | 230.0M | (408.5M) | 327.8M | (546.7M) | (23.6M) | (24.7M) | |
| Change In Cash | 302.6M | 1.2B | (271.0M) | (1.2B) | 514.9M | 540.7M | |
| Net Borrowings | 308.8M | (21.0M) | 2.1B | (343.8M) | (395.3M) | (375.6M) | |
| Depreciation | 298.4M | 682.1M | 1.5B | 1.4B | 1.5B | 1.6B | |
| Change To Netincome | 21.6M | 337.1M | 1.1B | (113.6M) | (130.7M) | (124.2M) | |
| End Period Cash Flow | 734.5M | 1.9B | 1.6B | 460.9M | 975.8M | 928.3M | |
| Free Cash Flow | (703.1M) | (601.6M) | (2.9B) | (439.2M) | (335.7M) | (352.5M) | |
| Other Non Cash Items | 228.6M | 229.0M | 387.8M | 667.5M | 515.3M | 356.2M |
Ningbo Tech Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ningbo Tech or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ningbo Tech's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ningbo stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.65 | |
β | Beta against Dow Jones | -0.72 | |
σ | Overall volatility | 2.90 | |
Ir | Information ratio | 0.15 |
Ningbo Tech Volatility Alert
Ningbo Tech Bank Co currently demonstrates below-average downside deviation. It has Information Ratio of 0.15 and Jensen Alpha of 0.65. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ningbo Tech's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ningbo Tech's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Ningbo Tech Fundamentals Vs Peers
Comparing Ningbo Tech's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ningbo Tech's direct or indirect competition across all of the common fundamentals between Ningbo Tech and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ningbo Tech or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ningbo Tech's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ningbo Tech by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ningbo Tech to competition |
| Fundamentals | Ningbo Tech | Peer Average |
| Return On Equity | 0.0069 | -0.31 |
| Return On Asset | -0.0374 | -0.14 |
| Profit Margin | 0 % | (1.27) % |
| Operating Margin | 0.19 % | (5.51) % |
| Current Valuation | 12.15 B | 16.62 B |
| Shares Outstanding | 2.22 B | 571.82 M |
| Shares Owned By Insiders | 24.72 % | 10.09 % |
| Shares Owned By Institutions | 6.28 % | 39.21 % |
| Price To Book | 2.05 X | 9.51 X |
| Price To Sales | 0.72 X | 11.42 X |
| Revenue | 10.23 B | 9.43 B |
| Gross Profit | 930.22 M | 27.38 B |
| EBITDA | 198.74 M | 3.9 B |
| Net Income | (2.88 B) | 570.98 M |
| Total Debt | 2.71 B | 5.32 B |
| Book Value Per Share | 1.60 X | 1.93 K |
| Cash Flow From Operations | 264.41 M | 971.22 M |
| Earnings Per Share | (0.11) X | 3.12 X |
| Price To Earnings To Growth | 0.64 X | 4.89 X |
| Target Price | 3.11 | |
| Number Of Employees | 8.77 K | 18.84 K |
| Beta | 0.49 | -0.15 |
| Market Capitalization | 7.27 B | 19.03 B |
| Total Asset | 17.19 B | 29.47 B |
| Retained Earnings | (4.46 B) | 9.33 B |
| Working Capital | (8.79 B) | 1.48 B |
| Net Asset | 17.19 B |
Ningbo Tech Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ningbo . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Ningbo Tech Buy or Sell Advice
When is the right time to buy or sell Ningbo Tech Bank Co? Buying financial instruments such as Ningbo Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Ningbo Tech 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.Did You Try This Idea?
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Other Information on Investing in Ningbo Stock
Ningbo Tech financial ratios help investors to determine whether Ningbo 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 Ningbo with respect to the benefits of owning Ningbo Tech security.