CHONG Probability Of Bankruptcy

000625
  

CNY 11.81  0.32  2.64%   

CHONG QING CHANGAN Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. CHONG QING CHANGAN Probability Of Bankruptcy is determined by interpolating and adjusting CHONG Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the CHONG balance sheet as well as cash flow and income statements available from the company's most recent filings. Please continue to CHONG QING Piotroski F Score and CHONG QING Altman Z Score analysis.
  
CHONG QING Revenue Per Employee is projected to increase significantly based on the last few years of reporting. The past year's Revenue Per Employee was at 2.19 Million. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 73.4 B, whereas Net Income Per Employee is forecasted to decline to about 188.6 K.

CHONG Probability Of Bankruptcy Analysis

CHONG QING's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
 2021 2022 (projected)
Weighted Average Shares5.39 B5.56 B
Revenues76.11 B64.07 B
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
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Current CHONG QING Probability Of Bankruptcy

    
  3%  
Most of CHONG QING's fundamental indicators, such as Probability Of Bankruptcy, 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, CHONG QING CHANGAN is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of CHONG QING probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting CHONG QING odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of CHONG QING CHANGAN financial health.
Please note, there is a significant difference between CHONG QING's value and its price as these two are different measures arrived at by different means. Investors typically determine CHONG QING value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHONG QING's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

CHONG Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for CHONG QING is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since CHONG QING's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CHONG QING's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CHONG QING's interrelated accounts and indicators.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition

Based on the latest financial disclosure, CHONG QING CHANGAN has a Probability Of Bankruptcy of 3.0%. This is 92.75% lower than that of the Consumer Cyclical sector and 93.44% lower than that of the Auto Manufacturers industry. The probability of bankruptcy for all China stocks is 92.47% higher than that of the company.

CHONG Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CHONG QING's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CHONG QING could also be used in its relative valuation, which is a method of valuing CHONG QING by comparing valuation metrics of similar companies.
CHONG QING is rated third in probability of bankruptcy category among related companies.

CHONG QING Main Bankruptcy Drivers

201720182019202020212022 (projected)
Return on Average Assets10.56.710.68(2.77)3.045.2
Asset Turnover0.80.750.660.740.890.87
Gross Margin17.8913.3114.65(2.78)(3.19)(3.27)
Total Liabilities58.53 B47.24 B53.59 B67.51 B60.76 B50.95 B
Current Liabilities54.6 B39.91 B49.23 B62.59 B56.33 B46.81 B
Total Assets106.13 B93.49 B97.62 B120.92 B108.82 B89.82 B
Current Assets62.76 B43.21 B49.61 B72.89 B65.6 B51.96 B
Net Cash Flow from Operations(1.37 B)(3.89 B)3.88 B10.68 B9.61 B10.37 B

CHONG Fundamentals

About CHONG QING Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CHONG QING CHANGAN's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CHONG QING using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CHONG QING CHANGAN 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.
Chongqing Changan Automobile Company Limited, together with its subsidiaries, manufactures and sells automobiles, automobile engines, and supporting parts primarily in the Peoples Republic of China. The company was founded in 1862 and is headquartered in Chongqing, the Peoples Republic of China. CHONG QING operates under Auto Manufacturers classification in China and is traded on Shenzhen Stock Exchange. It employs 42444 people.

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Our tools can tell you how much better you can do entering a position in CHONG QING 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.

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Please continue to CHONG QING Piotroski F Score and CHONG QING Altman Z Score analysis. Note that the CHONG QING CHANGAN information on this page should be used as a complementary analysis to other CHONG QING's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running CHONG QING CHANGAN price analysis, check to measure CHONG QING'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 CHONG QING is operating at the current time. Most of CHONG QING's value examination focuses on studying past and present price action to predict the probability of CHONG QING's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CHONG QING's price. Additionally, you may evaluate how the addition of CHONG QING to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between CHONG QING's value and its price as these two are different measures arrived at by different means. Investors typically determine CHONG QING value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHONG QING's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.