Yidong Electronics Technology Stock Beta
| 301123 Stock | 21.03 0.23 1.08% |
YiDong Electronics Technology fundamentals help investors to digest information that contributes to YiDong Electronics' financial success or failures. It also enables traders to predict the movement of YiDong Stock. The fundamental analysis module provides a way to measure YiDong Electronics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to YiDong Electronics stock.
YiDong | Beta |
YiDong Electronics Technology Company Beta Analysis
YiDong Electronics' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current YiDong Electronics Beta | 0.9 |
Most of YiDong Electronics' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, YiDong Electronics Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, YiDong Electronics Technology has a Beta of 0.904. This is 14.72% lower than that of the Electronic Equipment, Instruments & Components sector and 52.92% lower than that of the Information Technology industry. The beta for all China stocks is notably lower than that of the firm.
YiDong Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses YiDong Electronics' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of YiDong Electronics could also be used in its relative valuation, which is a method of valuing YiDong Electronics by comparing valuation metrics of similar companies.YiDong Electronics is currently under evaluation in beta category among its peers.
YiDong Electronics returns are very sensitive to returns on the market. As the market goes up or down, YiDong Electronics is expected to follow.
YiDong Fundamentals
| Return On Equity | 0.0021 | ||||
| Return On Asset | -0.0056 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | (0) % | ||||
| Current Valuation | 4.1 B | ||||
| Shares Outstanding | 233.6 M | ||||
| Shares Owned By Insiders | 68.27 % | ||||
| Shares Owned By Institutions | 1.30 % | ||||
| Price To Book | 1.67 X | ||||
| Price To Sales | 3.13 X | ||||
| Revenue | 1.47 B | ||||
| Gross Profit | 319.75 M | ||||
| EBITDA | 23.09 M | ||||
| Net Income | 2.14 M | ||||
| Total Debt | 39.69 M | ||||
| Book Value Per Share | 12.76 X | ||||
| Cash Flow From Operations | 74.76 M | ||||
| Earnings Per Share | 0.04 X | ||||
| Target Price | 23.0 | ||||
| Number Of Employees | 3.24 K | ||||
| Beta | 0.9 | ||||
| Market Capitalization | 5.04 B | ||||
| Total Asset | 3.77 B | ||||
| Retained Earnings | 322.67 M | ||||
| Working Capital | 1.47 B | ||||
| Annual Yield | 0 % | ||||
| Net Asset | 3.77 B | ||||
| Last Dividend Paid | 0.1 |
About YiDong Electronics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze YiDong Electronics Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of YiDong Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of YiDong Electronics Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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YiDong Electronics financial ratios help investors to determine whether YiDong 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 YiDong with respect to the benefits of owning YiDong Electronics security.