China Satellite (China) Today

601698 Stock   23.17  1.15  5.22%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
China Satellite is trading at 23.17 as of the 29th of November 2024, a 5.22 percent increase since the beginning of the trading day. The stock's open price was 22.02. China Satellite has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for China Satellite Communications are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2024 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Telecommunication Services
Category
Communication Services
China Satellite is entity of China. It is traded as Stock on SHG exchange. The company has 4.22 B outstanding shares. More on China Satellite Communications

Moving against China Stock

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China 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. China Satellite's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding China Satellite or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaCommunication Services (View all Themes)
Business ConcentrationDiversified Telecommunication Services, Telecommunication Services, Communication Services, Communication Services, Diversified Telecommunication Services, Telecom Services, Communication Services (View all Sectors)
China Satellite's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to China Satellite'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
China Satellite 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 China Satellite's financial leverage. It provides some insight into what part of China Satellite's total assets is financed by creditors.
Liquidity
China Satellite 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. China Satellite Communications has accumulated 10 M in total debt. Debt can assist China Satellite until it has trouble settling it off, either with new capital or with free cash flow. So, China Satellite'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 China Satellite Comm sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for China to invest in growth at high rates of return. When we think about China Satellite's use of debt, we should always consider it together with cash and equity.

Change To Inventory

1.82 Million
China Satellite Communications (601698) is traded on Shanghai Stock Exchange in China and employs 593 people. China Satellite is listed under Diversified Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 99.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate China Satellite's market, we take the total number of its shares issued and multiply it by China Satellite'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. China Satellite Comm operates under Diversified Telecommunication Services sector and is part of Communication Services industry. The entity has 4.22 B outstanding shares. China Satellite generates positive cash flow from operations, but has no cash available
Check China Satellite Probability Of Bankruptcy
Ownership Allocation
China Satellite holds a total of 4.22 Billion outstanding shares. China Satellite Communications 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. 85.21 percent of China Satellite Comm 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 China Ownership Details

China Satellite Comm Risk Profiles

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

China Stock Against Markets

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China Satellite Corporate Management

Elected by the shareholders, the China Satellite's board of directors comprises two types of representatives: China Satellite inside directors who are chosen from within the company, and outside directors, selected externally and held independent of China. The board's role is to monitor China Satellite's management team and ensure that shareholders' interests are well served. China Satellite'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, China Satellite's outside directors are responsible for providing unbiased perspectives on the board's policies.
Xiaodong LiuDeputy ManagerProfile
Wen ChenDeputy ManagerProfile
Tao PengDeputy ManagerProfile
Yueling LiHead DisciplineProfile

Other Information on Investing in China Stock

China Satellite financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Satellite security.