What is the MLS stock price, and are they publicly traded? Unfortunately, investors cannot purchase shares of MLS unless they trade on the Shenzen Exchange in China. So, if you have an overseas broker, you can potentially trade this stock.
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MLS Introduction (No US Stock Symbol)
MLS Co., Ltd. is a China-based company that manufactures and sells LED bulbs and lamps. The company offers various LED lighting products, including ceiling, road, kitchen, downlights, candles, bulbs, tubes, rails, grilles, filament bulbs, and diodes.
These products are also widely used in commercial and residential lighting applications. MLS stock 002745.SZ is listed on the Shenzhen Stock Exchange (SZ) in China.
MLS Stock 5 Minute Takeaway
- MLS Co. Ltd primarily focuses on LED lighting manufacturing and sales in China.
- MLS stock 002745.SZ is traded on the Shenzhen Stock Exchange (SZ) in China.
- Interactive Brokers, E*TRADE, Fidelity Investments, and Charles Schwab are among the top U.S. brokerage firms that deal in foreign stocks.
- Six shareholders own 50% of the company
- CEO Qing Huan Sun is the largest shareholder, with a 39% stake
- The Peter Lynch fair Value of MLS Co Ltd is 2.57 CNY.
Fair Value of MLS Co Ltd (002745. SZ)
What is the fair value of MLS stock? According to ValueInvestiong.io, MLS Co Ltd (002745. SZ) ‘s fair value is 2.57 CNY, based on Peter Lynch’s Fair Value formula. With the current market price of 8.15 CNY, MLS Co Ltd’s upside is -68.5%.
A Peter Lynch value of 2.57 CNY would typically imply that the stock price is trading at a multiple of 2.57 times the intrinsic value.
Who Is Peter Lynch?
Peter Lynch is one of the most legendary investors/fund managers. His philosophy for stock investing is very simple and straightforward: He invests in undervalued stocks, meaning their P/E is less than or equal to their earnings growth rate. He believes that if a stock trades at its fair value, the PEG ratio, which he also invented, should be 1.
The Peter Lynch method can help determine if a stock is undervalued. This method estimates the stock’s intrinsic value and compares it to its current market price. If the calculated value is higher than the market price, it may indicate a good buying opportunity. This means the stock is priced lower than it should be and might be a good chance to buy on the cheap.
Conversely, if the Peter Lynch value is 2.57 CNY and the stock’s current market price is higher than this value, the stock is overvalued. In a situation like this, be careful before buying.
It’s important to remember that the Peter Lynch Fair Value formula is just one of many valuation methods. Likewise, it would help to use it with other analytical tools to make well-informed investment decisions.
What Happened to MLS Stock April 18
MLS stock price decreased by 6.90% on April 18, 2024, falling from ¥8.70 to ¥8.10. Throughout the day, the stock price fluctuated by 7.59%, with a low of ¥7.90 and a high of ¥8.50.
There was a loss of 0.25% over the two weeks prior. And even though the volume increased by 19 million shares on the last day, the prices fell. Approximately ¥426.19 million shares were sold and bought, with 53 million shares traded.
To purchase MLS Co., Ltd. (002745) stock in China, you have a few options:
1. Buy Them Directly Through Your Broker
You can purchase shares of Chinese companies like MLS Co., Ltd. through brokers that operate on Chinese stock exchanges. American investors, for example, can open international brokerage accounts that provide access to foreign stock exchanges. Investors can use these accounts to purchase MLS Co. Ltd.’s stock listed on the Shenzhen Stock Exchange or other Chinese exchanges.
Interactive Brokers, E*TRADE, Fidelity Investments, and Charles Schwab are among the top U.S. brokerage firms that deal in foreign stocks.
2. Investing in Exchange-Traded Funds (ETFs) and Mutual Funds
Another option is investing in ETFs or mutual funds that include Chinese stocks, including those of MLS Co., Ltd. An ETF allows you to invest in a broader range of Chinese companies.
3. ADR Shares
Americans can explore American Depositary Receipts (ADRs) for Chinese companies. ADRs are U.S. securities that represent shares of foreign companies. They trade on U.S. stock exchanges and can provide access to Chinese companies like MLS Co., Ltd.
A Word of Warning
Investing in foreign stocks like MLS stock may involve additional risks, such as currency fluctuations, geopolitical factors, and different regulatory frameworks. It’s essential to conduct thorough research, consult a financial advisor, and understand the risks of investing in Chinese stocks.
MLS Stock Competitors
If you don’t want to buy MLS stock, have you considered investing in their competitors? Here are some reputable LED lighting companies to consider:
Cree, Inc. (CREE): Cree has significantly progressed in LED lighting technology. The company offers a range of LED components, modules, and fixtures that cater to various lighting needs, including those for commercial, industrial, and residential purposes.
Osram Licht AG (OSAGF): Osram Licht is a leading global lighting manufacturer offering diverse LED lighting solutions for general, automotive, and specialty applications.
Philips Lighting Signify (LIGHT): Signify, formerly known as Philips Lighting, is a prominent player in the LED lighting industry, providing innovative LED lamps, luminaires, and connected lighting systems.
Nichia Corporation (NICFF): A Japanese chemical engineering and manufacturing company, Nichia is renowned for its expertise in LED technology and produces a wide range of LED products for lighting and display applications.
Seoul Semiconductor Co., Ltd (046890. KQ): Seoul Semiconductor, a major player in the LED industry, provides a wide range of LED technologies and lighting solutions, which include high-power LEDs, LED modules, and systems for various lighting requirements.
Acuity Brands, Inc. (AYI): Acuity Brands is a lighting and building management solution provider that offers various LED lighting products and controls for use in commercial, industrial, and residential settings. They are known for their innovative approach to lighting and aim to provide customers with high-quality, energy-efficient solutions that meet their needs.
Questions to Ask Before You Invest
As always, before investing in any stock, you must research to protect yourself. You need to know if the company fits your financial goals and strategy. Bullish Bears has your best interest in mind, and we’ve developed a list of questions to help guide you in your decision-making. Ask yourself:
- What is MLS Co Ltd (002745. SZ)?
- What is the history of 002745. SZ, and how have they performed in the past?
- What are the company’s financials telling me?
- What risks would I be exposed to if I invest in this company?
- How does the company compare to its competitors?
- What is the company’s growth strategy?
Where can you find the answers to those questions? It’s pretty easy. You can visit Yahoo Finance here to find the company’s yearly and quarterly reports, balance sheets, and income statements.
What Do Company Financials Mean?
Before you sink your hard-earned cash into stocks like MLS, you need to be informed. The following financial metrics are key to understanding to make an informed decision.
Revenue
How much money is the company making from its operations? Are they in a sinking ship or on a rising tide?
Net Income
After all expenses are paid, you’re left with the company’s revenue or net income. This will tell you if the company is profitable.
Earnings Per Share (EPS)
The amount of profit a company assigns to each of its outstanding shares of stock is known as EPS. It measures a company’s profitability and can be utilized to determine the P/E ratio.
Price-to-Earnings Ratio (P/E Ratio)
The P/E ratio assesses a company’s current stock price compared to its earnings per share (EPS). To calculate the P/E ratio, divide the current stock price by the EPS. If the P/E ratio is high, it may mean that the stock is overvalued, while a low P/E ratio may indicate that it is undervalued.
Debt-to-Equity Ratio
The debt-to-equity ratio measures a company’s leverage. To calculate this ratio, divide the company’s total liabilities by its equity. A high ratio may indicate that the company is taking on too much debt, which could lead to loan defaults.
Return on Equity (ROE)
The measurement of a company’s ability to generate profit per dollar of shareholder equity is known as ROE. This calculation is achieved by dividing the company’s net income by its total equity. A high ROE could imply that the company uses its shareholders’ funds efficiently.
Final Thoughts: MLS Stock
You are analyzing a company’s financial statements before investing is crucial. Financial statements provide valuable information about a company’s financial health, including its revenue, expenses, assets, liabilities, and cash flow.
By analyzing these statements, investors can evaluate the company’s profitability, liquidity, solvency, and overall financial stability. Before you purchase MLS stock for the long run, we highly suggest you take the time to go through the statements. Your pocketbook will thank you!
Frequently Asked Questions
002745.SZ is the ticker for MLS stock.
The opening price on April 19 of MLS stock was CN¥8.17.
The two major pattern categories are known as reversals and continuations. Reversal patterns signal that the trend is about to reverse after the pattern has completed itself. Continuation patterns signify that the trend will continue once the pattern is complete. Traders use chart patterns for any trading strategy.
