China Steel Chemical Stock Z Score
| 1723 Stock | TWD 112.50 0.50 0.45% |
China |
China Steel Chemical Company Z Score Analysis
China Steel's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Current China Steel Z Score | 13.8 |
Most of China Steel's fundamental indicators, such as Z Score, 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, China Steel Chemical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
In accordance with the company's disclosures, China Steel Chemical has a Z Score of 13.8. This is much higher than that of the Chemicals sector and notably higher than that of the Materials industry. The z score for all Taiwan stocks is 58.26% lower than that of the firm.
China Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Steel's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of China Steel could also be used in its relative valuation, which is a method of valuing China Steel by comparing valuation metrics of similar companies.China Steel is currently under evaluation in z score category among related companies.
China Fundamentals
| Return On Equity | 0.21 | |||
| Return On Asset | 0.0875 | |||
| Profit Margin | 0.15 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 24.85 B | |||
| Shares Outstanding | 232.15 M | |||
| Shares Owned By Insiders | 40.34 % | |||
| Shares Owned By Institutions | 14.35 % | |||
| Price To Earning | 18.79 X | |||
| Price To Book | 3.28 X | |||
| Price To Sales | 2.36 X | |||
| Revenue | 7.98 B | |||
| Gross Profit | 1.61 B | |||
| EBITDA | 1.82 B | |||
| Net Income | 1.1 B | |||
| Cash And Equivalents | 3.12 B | |||
| Cash Per Share | 13.43 X | |||
| Total Debt | 1.1 B | |||
| Debt To Equity | 41.70 % | |||
| Current Ratio | 1.33 X | |||
| Book Value Per Share | 32.35 X | |||
| Cash Flow From Operations | 1.38 B | |||
| Earnings Per Share | 6.85 X | |||
| Price To Earnings To Growth | 1.28 X | |||
| Target Price | 125.5 | |||
| Number Of Employees | 29 | |||
| Beta | 0.59 | |||
| Market Capitalization | 25.54 B | |||
| Total Asset | 11.73 B | |||
| Retained Earnings | 3.32 B | |||
| Working Capital | 1.13 B | |||
| Current Asset | 3.89 B | |||
| Current Liabilities | 2.76 B | |||
| Z Score | 13.8 | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 4.70 % | |||
| Net Asset | 11.73 B | |||
| Last Dividend Paid | 4.0 |
About China Steel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China Steel Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Steel Chemical 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Steel Chemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for China Stock analysis
When running China Steel's price analysis, check to measure China Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Steel is operating at the current time. Most of China Steel's value examination focuses on studying past and present price action to predict the probability of China Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Steel's price. Additionally, you may evaluate how the addition of China Steel to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |