Ningxia Younglight (China) Today

000635 Stock   8.32  0.22  2.58%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 50

 
High
 
Low
About Average
Ningxia Younglight is trading at 8.32 as of the 23rd of November 2024, a 2.58 percent decrease since the beginning of the trading day. The stock's open price was 8.54. Ningxia Younglight has 50 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for Ningxia Younglight Chemicals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
25th of October 1996
Category
Basic Materials
Ningxia Younglight is entity of China. It is traded as Stock on SHE exchange. The company has 303.49 M outstanding shares. More on Ningxia Younglight Chemicals

Moving together with Ningxia Stock

  0.73600019 Baoshan Iron SteelPairCorr
  0.81002493 Rongsheng PetrochemicalPairCorr
  0.95600010 Inner Mongolia BaoTouPairCorr

Moving against Ningxia Stock

  0.41600547 Shandong Gold MiningPairCorr

Ningxia 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. Ningxia Younglight's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ningxia Younglight or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationCommodity Chemicals, Materials, Basic Materials, Chemicals Makers, Synthetics, Materials, Chemicals, Materials, Basic Materials (View all Sectors)
Ningxia Younglight's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ningxia Younglight'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
Ningxia Younglight 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 Ningxia Younglight's financial leverage. It provides some insight into what part of Ningxia Younglight's total assets is financed by creditors.
Liquidity
Ningxia Younglight 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. Ningxia Younglight Chemicals has accumulated 1.08 B in total debt. Debt can assist Ningxia Younglight until it has trouble settling it off, either with new capital or with free cash flow. So, Ningxia Younglight'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 Ningxia Younglight sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ningxia to invest in growth at high rates of return. When we think about Ningxia Younglight's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

9.53 Million
Ningxia Younglight Chemicals (000635) is traded on Shenzhen Stock Exchange in China and employs 1,899 people. Ningxia Younglight is listed under Commodity Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.53 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ningxia Younglight's market, we take the total number of its shares issued and multiply it by Ningxia Younglight'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. Ningxia Younglight operates under Chemicals sector and is part of Materials industry. The entity has 303.49 M outstanding shares. Ningxia Younglight generates negative cash flow from operations
Check Ningxia Younglight Probability Of Bankruptcy
Ownership Allocation
Ningxia Younglight maintains a total of 303.49 Million outstanding shares. Ningxia Younglight Chemicals 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.
Check Ningxia Ownership Details

Ningxia Younglight Risk Profiles

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

Ningxia Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ningxia Younglight without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Crypto Correlations Now

   

Crypto Correlations

Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
All  Next Launch Module

Ningxia Younglight Corporate Management

Elected by the shareholders, the Ningxia Younglight's board of directors comprises two types of representatives: Ningxia Younglight inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ningxia. The board's role is to monitor Ningxia Younglight's management team and ensure that shareholders' interests are well served. Ningxia Younglight'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, Ningxia Younglight's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gui XueDeputy ManagerProfile
Yu LiuDeputy CounselProfile
Xue LiDeputy BoardProfile
He ShiChief EngineerProfile

Other Information on Investing in Ningxia Stock

Ningxia Younglight financial ratios help investors to determine whether Ningxia 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 Ningxia with respect to the benefits of owning Ningxia Younglight security.