Changchun High (China) Today

000661 Stock   104.60  3.27  3.03%   

Performance

12 of 100

 
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Strong
Good

Odds Of Distress

Less than 2

 
High
 
Low
Very Low
Changchun High is trading at 104.60 as of the 16th of December 2024, a 3.03 percent decrease since the beginning of the trading day. The stock's open price was 107.87. Changchun High has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 23rd of October 2023 and ending today, the 16th of December 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
3rd of December 1996
Category
Healthcare
Classification
Health Care
Changchun High is entity of China. It is traded as Stock on SHE exchange. The company has 402.29 M outstanding shares. More on Changchun High New

Moving together with Changchun Stock

  0.86605259 Lutian MachineryPairCorr
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Moving against Changchun Stock

  0.52600025 Huaneng Lancang RiverPairCorr

Changchun 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. Changchun High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Changchun High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationPharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, Health Care, Pharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care (View all Sectors)
Changchun High's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Changchun High'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
Changchun High 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 Changchun High's financial leverage. It provides some insight into what part of Changchun High's total assets is financed by creditors.
Liquidity
Changchun High 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. Changchun High New has accumulated 1.71 B in total debt. Debt can assist Changchun High until it has trouble settling it off, either with new capital or with free cash flow. So, Changchun High'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 Changchun High New sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Changchun to invest in growth at high rates of return. When we think about Changchun High's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(393.66 Million)
Changchun High New (000661) is traded on Shenzhen Stock Exchange in China and employs 9,029 people. Changchun High is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 44.09 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Changchun High's market, we take the total number of its shares issued and multiply it by Changchun High'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. Changchun High New operates under Pharmaceuticals sector and is part of Health Care industry. The entity has 402.29 M outstanding shares. Changchun High generates positive cash flow from operations, but has no cash available
Check Changchun High Probability Of Bankruptcy
Ownership Allocation
Changchun High holds a total of 402.29 Million outstanding shares. Changchun High New retains 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 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 Changchun Ownership Details

Changchun High New Risk Profiles

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

Changchun Stock Against Markets

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Changchun High Corporate Executives

Elected by the shareholders, the Changchun High's board of directors comprises two types of representatives: Changchun High inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Changchun. The board's role is to monitor Changchun High's management team and ensure that shareholders' interests are well served. Changchun High'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, Changchun High's outside directors are responsible for providing unbiased perspectives on the board's policies.
Xing ZhuDeputy CFOProfile

Other Information on Investing in Changchun Stock

Changchun High financial ratios help investors to determine whether Changchun 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 Changchun with respect to the benefits of owning Changchun High security.