Kangxin New (China) Today
| 600076 Stock | 2.37 0.02 0.84% |
Performance20 of 100
| Odds Of DistressLess than 20
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Kangxin New is trading at 2.37 as of the 2nd of December 2024, a 0.84 percent decrease since the beginning of the trading day. The stock's open price was 2.39. Kangxin New has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for Kangxin New Materials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of December 2022 and ending today, the 2nd of December 2024. Click here to learn more.
Business Domain Materials | IPO Date 6th of May 1997 | Category Basic Materials |
Kangxin New is entity of China. It is traded as Stock on SHG exchange. The company has 1.34 B outstanding shares. More on Kangxin New Materials
Moving together with Kangxin Stock
| 0.84 | 600019 | Baoshan Iron Steel | PairCorr |
| 0.88 | 002493 | Rongsheng Petrochemical | PairCorr |
| 0.95 | 600010 | Inner Mongolia BaoTou | PairCorr |
Moving against Kangxin Stock
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Kangxin 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. Kangxin New's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kangxin New or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Plastics (View all Themes) | ||||
| Business Concentration | Paper & Forest Products, Lumber & Wood Production, Basic Materials, Plastics, Materials, Paper & Forest Products, Lumber & Wood Production, Basic Materials (View all Sectors) | ||||
Kangxin New's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kangxin New'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 LevelsKangxin New 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 Kangxin New's financial leverage. It provides some insight into what part of Kangxin New's total assets is financed by creditors.
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Kangxin New Materials (600076) is traded on Shanghai Stock Exchange in China and employs 309 people. Kangxin New is listed under Paper & Forest Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kangxin New's market, we take the total number of its shares issued and multiply it by Kangxin New'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. Kangxin New Materials operates under Paper & Forest Products sector and is part of Materials industry. The entity has 1.34 B outstanding shares.
Kangxin New generates negative cash flow from operations
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Ownership AllocationKangxin New Materials maintains a total of 1.34 Billion outstanding shares. Kangxin New Materials holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Kangxin New Materials Risk Profiles
Although Kangxin New's alpha and beta are two of the key measurements used to evaluate Kangxin New's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.67 | |||
| Semi Deviation | 2.62 | |||
| Standard Deviation | 3.45 | |||
| Variance | 11.87 |
Kangxin Stock Against Markets
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| All Next | Launch Module |
Kangxin New Corporate Management
Elected by the shareholders, the Kangxin New's board of directors comprises two types of representatives: Kangxin New inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kangxin. The board's role is to monitor Kangxin New's management team and ensure that shareholders' interests are well served. Kangxin New'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, Kangxin New's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Chang Chen | Accounting Supervisor | Profile | |
| Gang Yang | Deputy Mang | Profile | |
| Li Wang | Deputy Manager | Profile | |
| Zhixian Guo | GM MD | Profile | |
| Liang Huang | Secretary, GM | Profile |
Other Information on Investing in Kangxin Stock
Kangxin New financial ratios help investors to determine whether Kangxin 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 Kangxin with respect to the benefits of owning Kangxin New security.