China OTC Pink Sheet Today

CARCY
 Stock
  

USD 14.36  0.00  0.00%   

Market Performance
0 of 100
Odds Of Distress
Less than 10
China Resources is trading at 14.36 as of the 2nd of December 2022; that is No Change since the beginning of the trading day. The stock's open price was 14.36. China Resources has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for China Resources Cement are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of November 2022 and ending today, the 2nd of December 2022. Click here to learn more.
Fiscal Year End
December
Category
Basic Materials
ISIN
US16949M1018
China Resources Cement Holdings Limited, an investment holding company, manufactures and sells cement, concrete, and related products and services in Mainland China and Hong Kong. China Resources Cement Holdings Limited is a subsidiary of CRH Limited. The company has 232.76 M outstanding shares of which 0 shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. More on China Resources Cement

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Follow Valuation Odds of Bankruptcy
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China Resources OTC Pink Sheet 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 Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding China Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
China Resources generated a negative expected return over the last 90 days
China Resources has high historical volatility and very poor performance
The company has accumulated 1.36 B in total debt with debt to equity ratio (D/E) of 0.32, which is about average as compared to similar companies. China Resources Cement has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist China Resources until it has trouble settling it off, either with new capital or with free cash flow. So, China Resources' 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 Resources Cement 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 Resources' use of debt, we should always consider it together with cash and equity.
On 14th of November 2022 China Resources paid $ 0.4573 per share dividend to its current shareholders
Controller of the CEO’s officeJun Tang
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of China Resources' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
China Resources Cement [CARCY] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Mid-Cap' category with current market capitalization of 3.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate China Resources's market, we take the total number of its shares issued and multiply it by China Resources'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 these looking for more risk prefer small-cap and mid-cap equities. China Resources Cement classifies itself under Basic Materials sector and is part of Building Materials industry. The entity has 232.76 M outstanding shares of which 0 shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. China Resources Cement has accumulated about 2.85 B in cash with 6.03 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.99.
Check China Resources Probability Of Bankruptcy

China Stock Price Odds Analysis

Based on a normal probability distribution, the odds of China Resources jumping above the current price in 90 days from now is about 68.25%. The China Resources Cement probability density function shows the probability of China Resources otc pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon China Resources Cement has a beta of -0.0453 suggesting as returns on benchmark increase, returns on holding China Resources are expected to decrease at a much lower rate. During the bear market, however, China Resources Cement is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. China Resources Cement is significantly underperforming NYSE Composite.
  Odds Below 14.36HorizonTargetOdds Above 14.36
31.66%90 days
 14.36 
68.25%
Based on a normal probability distribution, the odds of China Resources to move above the current price in 90 days from now is about 68.25 (This China Resources Cement probability density function shows the probability of China OTC Pink Sheet to fall within a particular range of prices over 90 days) .

China Resources Cement Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. China Resources market risk premium is the additional return an investor will receive from holding China Resources long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in China Resources. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although China Resources' alpha and beta are two of the key measurements used to evaluate China Resources' performance over the market, the standard measures of volatility play an important role as well.

China Stock Against Markets

Picking the right benchmark for China Resources otc pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in China Resources otc pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for China Resources is critical whether you are bullish or bearish towards China Resources Cement at a given time.
The entity China Resources Cement with a symbol CARCY was recently relisted or delisted. You can potentially use China Resources Cement with a symbol CARCY. Please make sure the ticker renaming or change in the classification of China Resources Cement is not a temporary action by the exchange.

China Resources Corporate Directors

China Resources corporate directors refer to members of a China Resources board of directors. The board of directors generally takes responsibility for the China Resources' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of China Resources' board members must vote for the resolution. The China Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Chi Lam - Independent Non-Executive DirectorProfile
Suet Wan - Non-Executive DirectorProfile
Shu Ip - Independent Non-Executive DirectorProfile
Yan Wang - Non-Executive DirectorProfile

Invested in China Resources Cement?

The danger of trading China Resources Cement is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of China Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than China Resources. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile China Resources Cement is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the China Resources Cement information on this page should be used as a complementary analysis to other China Resources' 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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