CUBEX TUBINGS chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 93.43
Dividend & YieldN/A₹ (N/A)
Beta 1.67
Market capitalization 363.7M
Operating cash flow -73k
ESG Scores unknown

Company description

Cubex Tubings Limited produces and sells copper and copper based alloy products in India and internationally. It offers seamless solid drawn tubes, rods, bus bars, and wires of copper and copper based alloys, such as cupronickel, admiralty and aluminum brass, etc. The company serves power plants, power plants manufacturers, switchgears, refineries, furnace manufacturers, sugar plants, automobiles, and electrical equipment and ship building industries. Cubex Tubings Limited was incorporated in 1979 and is based in Secunderabad, India.

Sector: Basic Materials - Industry: Copper

Financial Ratios
Quick Ratio1.5
Working Capital0.08
Return On Equity0.04
Debt To Equity0
Fixed Asset Ratio-0.4
Fixed Interest Cover1.62

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 51.06M -4.8M 88.33M -39.38M
Total Cashflows From Investing Activities 13.21M -25.84M -681.79k -4.13M
Net Borrowings -8.94M 1.37M -416.27k 10.92M
Total Cash From Financing Activities -13.97M -2.69M -6.56M 3.91M
Change To Operating Activities 48.94M -12.18M -59.43M 57.2M
Issuance Of Stock
Net Income 6.59M 4.29M 13.3M 24.17M
Change In Cash -3.04M 5.08M -8.26M -295k
Effect Of Exchange Rate
Total Cash From Operating Activities -2.28M 33.62M -1.01M -73k
Depreciation 13.5M 13.07M 13.72M 13.79M
Change To Account Receivables -130.43M 93.61M -66M -48.73M
Other Cashflows From Financing Activities -5.04M -4.06M -6.15M -7.01M
Change To Netincome 4.1M 6.19M 9.03M -11.66M
Capital Expenditures -24.11M -24.11M -1.66M -18.9M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 6.99M 7.61M 19.43M 24.68M
Net Income 6.59M 4.29M 13.3M 24.17M
Selling General Administrative 9.73M 10.51M 9.2M 11.71M
Gross Profit 24.3M 33.92M 49.31M 136.14M
Ebit -7.43M 1.27M 16.54M 11.36M
Operating Income -7.43M 1.27M 16.54M 11.36M
Interest Expense -5.51M -4.47M -6.2M -7.01M
Income Tax Expense 405.04k 3.32M 6.13M 506k
Total Revenue 748.53M 598.86M 703M 1.34B
Cost Of Revenue 724.23M 564.94M 653.69M 1.2B
Total Other Income ExpenseNet 14.42M 6.34M 2.89M 13.32M
Net Income From Continuing Ops 6.59M 4.29M 13.3M 24.17M
Net Income Applicable To Common Shares 6.59M 4.29M 13.3M 24.17M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 211.61M 205.23M 263.23M 311.61M
Total Stockholder Equity 578.75M 583.04M 596.34M 620.51M
Other Current Liabilities 2.19M 3.62M 6.3M 26.61M
Total Assets 790.36M 788.27M 859.57M 932.12M
Common Stock 142.6M 142.6M 142.6M 142.6M
Other Current Assets 20.96M 20.86M 19.68M 17.65M
Retained Earnings 183.82M 188.11M 201.41M
Treasury Stock 26.41M 26.41M 26.41M 477.91M
Cash 19.97M 18.71M 10.45M 10.16M
Total Current Liabilities 202.34M 192.91M 248.44M 300.35M
Other Stockholder Equity 26.41M 26.41M 26.41M 477.91M
Property, Plant, and Equipment 154.89M 165.93M 153.88M 158.99M
Total Current Assets 559.93M 536.16M 580.71M 621.32M
Net Tangible Assets 578.75M 583.04M 596.34M 620.51M
Net Receivables 397.97M 309M 363.01M 422.5M
Accounts Payable 131.64M 126.83M 215.17M 175.79M


Insider Transactions

Here are the insider transactions of stock shares related to CUBEX TUBINGS:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Shah (Dipak Kanyalal)D2021-04-19UNREPORTED40.2k
Cubex Securities LimitedD2012-01-13Promoter1.32M
Bhandari (Virendra Kumar)D2012-01-12Director89.18k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to CUBEX TUBINGS. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on CUBEX TUBINGS

Here is the result of two systematic investment strategies applied to CUBEX TUBINGS. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on CUBEX TUBINGS

The following chart shows the equity curve of the two systematic investment strategies applied to CUBEX TUBINGS:

CUBEX TUBINGS automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 82.23% on the backtest period.

Performance at glance

Performance

82.23 %

Latent gain

2062.05 ₹

Invested capital

2507.55 ₹

Annualized return

19.3 %
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Momentum strategy results on CUBEX TUBINGS

This is the result of two momentum investment strategies applied to CUBEX TUBINGS. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on CUBEX TUBINGS

The following chart shows all the entries opened by the momentum investment system on CUBEX TUBINGS:

CUBEX TUBINGS momentum entries
  • The first momentum investment strategy would give 95.4% of return on CUBEX TUBINGS. That represents 5736.85₹ of latent gain with 6013.55₹ of employed capital.
  • The second momentum investment strategy would give 100.67% of return on CUBEX TUBINGS. That represents 4816.85₹ of latent gain with 4784.75₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

95.4 %

Latent gain

5736.85 ₹

Invested capital

6013.55 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

100.67 %

Latent gain

4816.85 ₹

Invested capital

4784.75 ₹

Annualized return

26.63 %

Momentum equity curve on CUBEX TUBINGS

The following chart shows the equity curve of the two momentum strategies applied to CUBEX TUBINGS:

CUBEX TUBINGS momentum equity

Note: the dividends potentially given by CUBEX TUBINGS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CUBEX TUBINGS

The following chart shows the employed capital evolution of the two momentum strategies on CUBEX TUBINGS since the beginning:

CUBEX TUBINGS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on CUBEX TUBINGS

Buy the dip entry openings on CUBEX TUBINGS

CUBEX TUBINGS

The performance achieved by the robo-advisor on CUBEX TUBINGS is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows CUBEX TUBINGS stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CUBEX TUBINGS, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to CUBEX TUBINGS

The following chart shows the result of the investment strategy applied to CUBEX TUBINGS:

CUBEX TUBINGS

Note: the dividends potentially given by CUBEX TUBINGS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CUBEX TUBINGS

The following chart shows the employed capital evolution since the beginning of the investment strategy on CUBEX TUBINGS:

CUBEX TUBINGS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on CUBEX TUBINGS

In this section, I will compare the three previous investment strategies applied to CUBEX TUBINGS.

Equity curve comparison on CUBEX TUBINGS

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

CUBEX TUBINGS investment strategy comparison

Employed capital comparison on CUBEX TUBINGS

CUBEX TUBINGS investment comparison

Performance comparison on CUBEX TUBINGS

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 82.23% 2062.05₹ 2507.55₹ 19.3%
Momentum 1 quarter 95.4% 5736.85₹ 6013.55₹ 23.73%
Momentum 2 quarters 100.67% 4816.85₹ 4784.75₹ 26.63%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

19.3 %

Momentum 1Q

26.63 %

Momentum 2Q

26.63 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CUBEX TUBINGS:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between CUBEX TUBINGS and the other stocks. There may be false positives or some missing correlated stocks. If the price of CUBEX TUBINGS does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name CUBEX TUBINGS
Country India
City Secunderabad
Address 1-7-27 to 34, Shyam Towers
Phone 91 40 2781 7440
Website www.cubextubings.com
FullTime employees
Industry Copper
Sector Basic Materials
Exchange XNSE
Ticker CUBEXTUB.XNSE
Market

CUBEX TUBINGS ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown