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Ossen Innovation

Nasdaq:OSN
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OSN
Nasdaq
$14M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Ossen Innovation Co., Ltd. manufactures and sells various plain surface prestressed steel materials, and rare earth coated and zinc coated prestressed steel materials in the People’s Republic of China and internationally. The last earnings update was 216 days ago. More info.


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  • Ossen Innovation has significant price volatility in the past 3 months.
OSN Share Price and Events
7 Day Returns
5.1%
NasdaqCM:OSN
-3.6%
US Metals and Mining
-0.1%
US Market
1 Year Returns
-25.5%
NasdaqCM:OSN
-22.4%
US Metals and Mining
7.6%
US Market
OSN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ossen Innovation (OSN) 5.1% 11.3% 18.3% -25.5% -33.7% -40.5%
US Metals and Mining -3.6% 0.4% 6% -22.4% 15% -11.3%
US Market -0.1% 3.7% 10.2% 7.6% 38.1% 46.4%
1 Year Return vs Industry and Market
  • OSN underperformed the Metals and Mining industry which returned -22.4% over the past year.
  • OSN underperformed the Market in United States of America which returned 7.6% over the past year.
Price Volatility
OSN
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Ossen Innovation's competitors could be found in our database.

OSN Value

 Is Ossen Innovation undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ossen Innovation. This is due to cash flow or dividend data being unavailable. The share price is $2.07.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ossen Innovation's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ossen Innovation's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:OSN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $1.35
NasdaqCM:OSN Share Price ** NasdaqCM (2019-04-23) in USD $2.07
United States of America Metals and Mining Industry PE Ratio Median Figure of 43 Publicly-Listed Metals and Mining Companies 9.26x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 18.03x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ossen Innovation.

NasdaqCM:OSN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:OSN Share Price ÷ EPS (both in USD)

= 2.07 ÷ 1.35

1.54x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ossen Innovation is good value based on earnings compared to the US Metals and Mining industry average.
  • Ossen Innovation is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Ossen Innovation's expected growth come at a high price?
Raw Data
NasdaqCM:OSN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 1.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
20.7%per year
United States of America Metals and Mining Industry PEG Ratio Median Figure of 23 Publicly-Listed Metals and Mining Companies 0.69x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.55x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ossen Innovation, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ossen Innovation's assets?
Raw Data
NasdaqCM:OSN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $15.96
NasdaqCM:OSN Share Price * NasdaqCM (2019-04-23) in USD $2.07
United States of America Metals and Mining Industry PB Ratio Median Figure of 101 Publicly-Listed Metals and Mining Companies 1.41x
United States of America Market PB Ratio Median Figure of 5,185 Publicly-Listed Companies 1.92x
NasdaqCM:OSN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:OSN Share Price ÷ Book Value per Share (both in USD)

= 2.07 ÷ 15.96

0.13x

* Primary Listing of Ossen Innovation.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ossen Innovation is good value based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Ossen Innovation's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Ossen Innovation has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

OSN Future Performance

 How is Ossen Innovation expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Ossen Innovation, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
20.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ossen Innovation expected to grow at an attractive rate?
  • Ossen Innovation's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Ossen Innovation's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare Ossen Innovation's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:OSN Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:OSN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 20.7%
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 15.3%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.5%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:OSN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:OSN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 150 -8 9
2018-03-31 142 -4 8
2017-12-31 132 -3 5
2017-09-30 127 9 6
2017-06-30 116 10 5
2017-03-31 113 16 4
2016-12-31 117 16 5
2016-09-30 117 6 3
2016-06-30 119 15 4
2016-03-31 121 8 5
2015-12-31 118 12 6
2015-09-30 114 7 7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ossen Innovation's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Ossen Innovation is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:OSN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ossen Innovation Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:OSN Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 1.35
2018-03-31 1.16
2017-12-31 0.81
2017-09-30 0.91
2017-06-30 0.80
2017-03-31 0.67
2016-12-31 0.73
2016-09-30 0.39
2016-06-30 0.68
2016-03-31 0.83
2015-12-31 0.89
2015-09-30 1.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ossen Innovation will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ossen Innovation's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ossen Innovation has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

OSN Past Performance

  How has Ossen Innovation performed over the past 5 years?

  • Ossen Innovation's last earnings update was 216 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ossen Innovation's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ossen Innovation's year on year earnings growth rate has been positive over the past 5 years.
  • Ossen Innovation's 1-year earnings growth exceeds its 5-year average (68.3% vs 13.6%)
  • Ossen Innovation's earnings growth has not exceeded the US Metals and Mining industry average in the past year (68.3% vs 74%).
Earnings and Revenue History
Ossen Innovation's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ossen Innovation Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:OSN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 150.38 8.89 7.44
2018-03-31 141.80 7.67 6.97
2017-12-31 132.38 5.35 6.60
2017-09-30 127.17 6.00 7.38
2017-06-30 115.52 5.28 6.43
2017-03-31 112.52 4.41 6.78
2016-12-31 117.03 4.82 7.11
2016-09-30 117.35 2.56 6.51
2016-06-30 118.80 4.49 5.37
2016-03-31 121.23 5.49 5.11
2015-12-31 117.91 5.90 5.46
2015-09-30 114.37 6.86 5.72
2015-06-30 112.25 4.05 7.30
2015-03-31 122.30 4.24 7.62
2014-12-31 123.57 3.86 7.11
2014-09-30 133.81 3.63 5.86
2014-06-30 139.07 4.83 5.31
2014-03-31 127.34 4.05 4.91
2013-12-31 113.89 3.64 4.11
2013-09-30 99.34 3.76 4.16
2013-06-30 107.29 2.82 3.98
2013-03-31 114.70 2.18 4.30
2012-12-31 122.40 2.38 4.87
2012-09-30 121.71 1.14 6.00
2012-06-30 111.73 2.40 4.96

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ossen Innovation has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ossen Innovation used its assets less efficiently than the US Metals and Mining industry average last year based on Return on Assets.
  • Ossen Innovation has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ossen Innovation's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ossen Innovation has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

OSN Health

 How is Ossen Innovation's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ossen Innovation's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ossen Innovation is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ossen Innovation's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ossen Innovation's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ossen Innovation Company Filings, last reported 9 months ago.

NasdaqCM:OSN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 118.42 38.15 1.41
2018-03-31 118.42 38.15 1.41
2017-12-31 114.95 31.85 0.95
2017-09-30 114.95 31.85 0.95
2017-06-30 106.29 30.03 2.16
2017-03-31 103.25 33.21 0.74
2016-12-31 102.45 33.71 0.22
2016-09-30 103.52 38.96 0.44
2016-06-30 102.55 38.51 0.42
2016-03-31 105.41 48.13 0.89
2015-12-31 104.13 45.47 0.81
2015-09-30 105.77 50.49 0.68
2015-06-30 105.93 54.40 2.50
2015-03-31 104.72 49.81 0.78
2014-12-31 103.41 61.21 0.68
2014-09-30 101.75 68.25 3.32
2014-06-30 101.19 50.35 0.73
2014-03-31 99.52 72.50 0.76
2013-12-31 98.49 78.27 1.14
2013-09-30 98.04 79.73 2.30
2013-06-30 95.60 84.27 2.73
2013-03-31 93.39 78.13 4.11
2012-12-31 92.78 92.05 2.00
2012-09-30 91.14 93.73 2.10
2012-06-30 90.45 90.90 2.10
  • Ossen Innovation's level of debt (32.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (88.1% vs 32.2% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 8.7x coverage).
X
Financial health checks
We assess Ossen Innovation's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ossen Innovation has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

OSN Dividends

 What is Ossen Innovation's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ossen Innovation dividends.
If you bought $2,000 of Ossen Innovation shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ossen Innovation's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ossen Innovation's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:OSN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ossen Innovation has not reported any payouts.
  • Unable to verify if Ossen Innovation's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ossen Innovation's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ossen Innovation has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ossen Innovation's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ossen Innovation afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ossen Innovation has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

OSN Management

 What is the CEO of Ossen Innovation's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Wei Hua
COMPENSATION $13,690
AGE 55
CEO Bio

Mr. Wei Hua serves as the Chief Executive Officer and Director at Ossen Innovation Co., Ltd. Mr. Hua has been Chief Financial Officer of Ossen Innovation Co., Ltd. since January 01, 2017. He served as Chairman of the Board of Directors at Ossen Jiujiang since 2007. Since 2000, he has been the Assistant Chief Executive Officer for the Steel Department of Ossen Group. Before joining Ossen Group in 2000, from 1988 until 2000, Mr. Wei was a vice supervisor of the department of technology and quality supervision at Baosteel Group Shanghai Ergang Co., Ltd. From 1985 until 1988, he worked at Shanghai No. 5 steel factory. Mr. Hua graduated from Shanghai University with a degree in Business Management.

CEO Compensation
  • Insufficient data for Wei to compare compensation growth.
  • Insufficient data for Wei to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Liang Tang

TITLE
Chairman
COMPENSATION
$23K
AGE
50
TENURE
11.3 yrs

Wei Hua

TITLE
CEO, CFO & Director
COMPENSATION
$14K
AGE
55
Board of Directors Tenure

Average tenure and age of the Ossen Innovation board of directors in years:

8.8
Average Tenure
57
Average Age
  • The tenure for the Ossen Innovation board of directors is about average.
Board of Directors

Liang Tang

TITLE
Chairman
COMPENSATION
$23K
AGE
50

Wei Hua

TITLE
CEO, CFO & Director
COMPENSATION
$14K
AGE
55
TENURE
2.3 yrs

Junhong Li

TITLE
Independent Director
AGE
52
TENURE
8.8 yrs

Yingli Pan

TITLE
Independent Director
AGE
63
TENURE
8.8 yrs

Xiaobing Liu

TITLE
Independent Director
AGE
59
TENURE
8.8 yrs

Zhongcai Wu

TITLE
Independent Director
AGE
69
TENURE
8.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Ossen Innovation's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ossen Innovation has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

OSN News

Simply Wall St News

What Kind Of Share Price Volatility Should You Expect For Ossen Innovation Co., Ltd. (NASDAQ:OSN)?

In finance, Beta is a measure of volatility. … Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

Simply Wall St -

Could The Ossen Innovation Co., Ltd. (NASDAQ:OSN) Ownership Structure Tell Us Something Useful?

So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Ossen Innovation is not a large company by global standards. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

Is Ossen Innovation Co., Ltd.'s (NASDAQ:OSN) Capital Allocation Ability Worth Your Time?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Are Ossen Innovation Co., Ltd.'s (NASDAQ:OSN) Interest Costs Too High?

(NASDAQ:OSN) with its market cap of US$8.6m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … I believe these basic checks tell most of the story you need to know.

Simply Wall St -

Ossen Innovation Co Ltd (NASDAQ:OSN): What Does Its Beta Value Mean For Your Portfolio?

Volatility is considered to be a measure of risk in modern finance theory. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Is Ossen Innovation Co Ltd's (NASDAQ:OSN) P/E Ratio Really That Good?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at Ossen Innovation Co Ltd's (NASDAQ:OSN) P/E ratio and reflect on what it tells us about the company's share price. … Ossen Innovation has a price to earnings ratio of 1.45, based on the last twelve months.

Simply Wall St -

What Investors Should Know About Ossen Innovation Co Ltd's (NASDAQ:OSN) Financial Strength

While small-cap stocks, such as Ossen Innovation Co Ltd (NASDAQ:OSN) with its market cap of US$16.69m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

Why Ossen Innovation Co Ltd (NASDAQ:OSN) May Not Be As Efficient As Its Industry

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to begin learning the link between Ossen Innovation Co Ltd (NASDAQ:OSN)’s return fundamentals and stock market performance. … Ossen Innovation Co Ltd (NASDAQ:OSN) delivered a less impressive 5.13% ROE over the past year, compared to the 11.07% return generated by its industry.

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Should You Be Tempted To Buy Ossen Innovation Co Ltd. (NASDAQ:OSN) At Its Current PE Ratio?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for OSN Price per share = $2.79 Earnings per share = $0.81 ∴ Price-Earnings Ratio = $2.79 ÷ $0.81 = 3.4x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … Ideally, we want to compare the stock’s P/E ratio to the average of companies that have similar characteristics as OSN, such as size and country of operation.

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How Did Ossen Innovation Co Ltd.'s (NASDAQ:OSN) 5.47% ROE Fare Against The Industry?

Ossen Innovation Co Ltd.’s (NASDAQ:OSN) most recent return on equity was a substandard 5.47% relative to its industry performance of 11.22% over the past year. … View our latest analysis for Ossen Innovation Breaking down ROE — the mother of all ratios Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Ossen Innovation’s equity capital deployed.

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OSN Company Info

Description

Ossen Innovation Co., Ltd. manufactures and sells various plain surface prestressed steel materials, and rare earth coated and zinc coated prestressed steel materials in the People’s Republic of China and internationally. The company offers plain surface products, including plain surface prestressed concrete (PC) strands that are used as precast concrete plates on the riding surface of bridges; and unbonded plain surface PC strands for the construction of bridges and buildings. It also provides plain surface PC wires and indented PC wires, which are used in the construction of buildings; helical rib PC wires for the construction of railway ties or sleepers, and buildings; and coated prestressed products comprising zinc coated PC and rare earth coated PC products. The company markets and sells its products under the Ossen brand name. Ossen Innovation Co., Ltd. also exports its products to the United States, Canada, Spain, Japan, South Korea, Taiwan, Australia, South Africa, Saudi Arabia, and internationally. The company was founded in 2010 and is based in Shanghai, the People’s Republic of China.

Details
Name: Ossen Innovation Co., Ltd.
OSN
Exchange: NasdaqCM
Founded: 2010
$13,655,864
6,597,036
Website: http://www.osseninnovation.com
Address: Ossen Innovation Co., Ltd.
518 Shangcheng Road,
Floor 17,
Shanghai,
200120,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM OSN SPON ADR EACH REP 3 ORD SHS (POST SPLIT) Nasdaq Capital Market US USD 21. Dec 2010
DB 0BG2 SPON ADR EACH REP 3 ORD SHS (POST SPLIT) Deutsche Boerse AG DE EUR 21. Dec 2010
DB 0BG2 SPON ADR EACH REP 3 ORD SHS (POST SPLIT) Deutsche Boerse AG DE USD 24. Apr 2019
Number of employees
Current staff
Staff numbers
190
Ossen Innovation employees.
Industry
Steel
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 00:26
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2018/09/20
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.