The company's fundamentals refer to the basic factors including the company's financial situation, operating conditions and industry prospects, and are an important basis for investors to analyze the company's quality and potential value. The following small series brings the content included in the company's fundamental analysis. Let's take a look at it together, hoping to bring some reference.
What does the company's fundamental analysis include?
The company's fundamentals refer to the company's financial situation, development potential, growth and texture, policy changes refer to the management's policies, and technical aspects refer to the influence of technological trends. In the fundamental analysis, investors should study and analyze which items and contents are:
1, analysis of company's financial statements;
2. Industry analysis of the company;
3. Analysis of the company's products and markets;
4. Analysis of corporate culture and management quality;
5, the company's field trip.
What are the important factors of enterprise fundamental analysis?
In the new environment of increasing market efficiency, simple and obvious investment opportunities are decreasing. If you want to earn real money in the capital market, you need to keep pace with the times, keep learning, study for life, and put more energy into industries and companies that create incremental social value.
The capital market is not a zero-sum casino, but a market where enterprises create value and investors share the benefits. The society is developing, and which industries and companies are creating great value will also create great value in the future. We need to invest more energy, time and research in this area.
The management level, productivity level and even R&D capability of Chinese enterprises have gone through a process of rapid improvement, among which the process of productivity improvement is the fastest.
This process will bring huge opportunities to investors, because it condenses the time period of industrial development, will bring huge value creation and value growth, and will also bring huge returns to the capital market.
Now even though many industries are mature, many new enterprises and small enterprises will continue to grow and even have the opportunity to become giants in the industry because of such a huge economy and very comprehensive industrial support.
This requires us to improve the qualitative analysis of the company's fundamentals. Fundamental investment requires buying a company that has the ability to continuously create value at an appropriate or undervalued price, or buying stocks whose market price is much lower than the actual value of the company.
What aspects should fundamental stock selection start from?
1. Fundamental analysis is a method to study the factors that affect the stock price.
According to the textbook, we should first pay attention to the sensitive factors that affect the price changes of securities, analyze and study the general laws of the price changes of the securities market, so that investors can understand the scientific and reliable analysis methods and finally make correct decisions. To put it simply, there are many factors that may affect the stock price, and the analysis of these factors is fundamental analysis.
2. Fundamental analysis includes three aspects.
So what factors do we study specifically? Mainly consider these three parts, namely, macroeconomic analysis, industry analysis and company analysis. Most friends are at a loss when they see these three reasons, as if they have to learn a whole set of economics to analyze them! Don't worry at this time, senior. Let me share with you how to analyze it from the perspective of actual combat.
What are the "fundamentals" of an enterprise?
Company values and culture. This is the foundation of an enterprise. Many people will first consider the company's mission, values, team atmosphere and other aspects to see if they are consistent with their own ideas and values.
Development and promotion opportunities. Job seekers hope to join a promising enterprise, so that they can grow and improve in their work, and also pay attention to the promotion mechanism and channels of the company.
The industry position and competitiveness of the company. The industry popularity, competitiveness and development potential of an enterprise are important indicators for job seekers to measure the enterprise, and also one of the important factors to evaluate whether the enterprise has long-term value.
Welfare and working environment. Factors such as salary level, welfare and working environment are also the focus of job seekers. Enterprises can provide good welfare and cultural construction, which can make employees work more comfortably and freely.
What do you mean by fundamentals?
Fundamentals refer to the analysis of the basic situation of macro-economy, industry and company.
Fundamentals refer to the analysis of the company's business philosophy, strategy and company statements. Including the macroeconomic operation and the basic situation of listed companies. Macro-economic operation reflects the overall operating performance of listed companies and sets a background for their further development, so macro-economy is closely related to listed companies and their corresponding stock prices. The fundamentals of listed companies include financial status, profitability, market share, management system and talent composition.
The basic analysis of the stock market mainly focuses on the fundamental factors of the stock, such as macro-economy, industry background, enterprise management ability, financial situation and so on. And try to find out the "intrinsic value" of the stock from the company's point of view, so as to compare it with the market value of the stock and select the stock with the most investment value.