Contec Medical (China) Today

300869 Stock   16.11  0.06  0.37%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 28

 
High
 
Low
Below Average
Contec Medical is trading at 16.11 as of the 11th of December 2024, a 0.37 percent increase since the beginning of the trading day. The stock's open price was 16.05. Contec Medical has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 11th of November 2024 and ending today, the 11th of December 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
Category
Healthcare
Classification
Health Care
Contec Medical is entity of China. It is traded as Stock on SHE exchange. The company has 401.8 M outstanding shares. More on Contec Medical Systems

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Contec Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Contec Medical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Contec Medical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaDrugs (View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Drugs, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Contec Medical's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Contec Medical's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Contec Medical can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Contec Medical's financial leverage. It provides some insight into what part of Contec Medical's total assets is financed by creditors.
Liquidity
Contec Medical cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Contec Medical Systems has accumulated 1.05 B in total debt. Debt can assist Contec Medical until it has trouble settling it off, either with new capital or with free cash flow. So, Contec Medical's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Contec Medical Systems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Contec to invest in growth at high rates of return. When we think about Contec Medical's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(80.8 Million)
Contec Medical Systems (300869) is traded on Shenzhen Stock Exchange in China and employs 1,771 people. Contec Medical is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Contec Medical's market, we take the total number of its shares issued and multiply it by Contec Medical's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Contec Medical Systems operates under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 401.8 M outstanding shares. Contec Medical generates positive cash flow from operations, but has no cash available
Check Contec Medical Probability Of Bankruptcy
Ownership Allocation
Contec Medical holds a total of 401.8 Million outstanding shares. Contec Medical Systems shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 62.98 percent of Contec Medical Systems outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Contec Ownership Details

Contec Medical Systems Risk Profiles

Although Contec Medical's alpha and beta are two of the key measurements used to evaluate Contec Medical's performance over the market, the standard measures of volatility play an important role as well.

Contec Stock Against Markets

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Contec Medical Corporate Management

Elected by the shareholders, the Contec Medical's board of directors comprises two types of representatives: Contec Medical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Contec. The board's role is to monitor Contec Medical's management team and ensure that shareholders' interests are well served. Contec Medical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Contec Medical's outside directors are responsible for providing unbiased perspectives on the board's policies.
Chunyuan FuDeputy ManagerProfile
Zhenhong LiuDeputy ManagerProfile
Guozhi KouDeputy ManagerProfile
Yunlong XuDeputy ManagerProfile

Other Information on Investing in Contec Stock

Contec Medical financial ratios help investors to determine whether Contec 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 Contec with respect to the benefits of owning Contec Medical security.