Shanghai Huitong Energy Co.,Ltd Logo

Shanghai Huitong Energy Co.,Ltd

600605.SS

(2.8)
Stock Price

36,48 CNY

6.44% ROA

8.04% ROE

61.43x PER

Market Cap.

6.481.380.440,00 CNY

2.23% DER

1.91% Yield

72.88% NPM

Shanghai Huitong Energy Co.,Ltd Stock Analysis

Shanghai Huitong Energy Co.,Ltd Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Shanghai Huitong Energy Co.,Ltd Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (7%), which means it has a small amount of debt compared to the ownership it holds

2 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

3 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last five years, showcasing a commitment to rewarding shareholders.

4 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

5 ROE

ROE in an average range (2.55%) suggests satisfactory profitability and decent utilization of shareholders' equity.

6 ROA

The stock's ROA (1.01%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

7 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (70) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (3.13x) suggests it's overvalued, potentially making it an expensive investment.

9 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

11 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

Shanghai Huitong Energy Co.,Ltd Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Shanghai Huitong Energy Co.,Ltd Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Shanghai Huitong Energy Co.,Ltd Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Shanghai Huitong Energy Co.,Ltd Revenue
Year Revenue Growth
1992 382.502.732
1993 412.086.452 7.18%
1994 299.423.100 -37.63%
1995 291.666.719 -2.66%
1996 319.976.575 8.85%
1997 329.964.096 3.03%
1998 352.322.700 6.35%
1999 271.148.095 -29.94%
2000 219.749.970 -23.39%
2001 195.028.557 -12.68%
2002 182.868.086 -6.65%
2003 516.831.929 64.62%
2004 736.647.200 29.84%
2005 867.974.639 15.13%
2006 776.058.129 -11.84%
2007 909.328.740 14.66%
2008 1.007.760.241 9.77%
2009 1.304.171.246 22.73%
2010 1.517.262.894 14.04%
2011 2.125.880.334 28.63%
2012 1.886.658.908 -12.68%
2013 2.194.916.410 14.04%
2014 2.123.053.816 -3.38%
2015 1.842.245.606 -15.24%
2016 2.149.486.398 14.29%
2017 2.473.493.739 13.1%
2018 2.009.732.394 -23.08%
2019 120.284.870 -1570.81%
2020 92.585.677 -29.92%
2021 112.873.790 17.97%
2022 108.483.750 -4.05%
2023 149.156.154 27.27%
2023 125.760.946 -18.6%
2024 137.349.500 8.44%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Shanghai Huitong Energy Co.,Ltd Research and Development Expenses
Year Research and Development Expenses Growth
1992 0
1993 0 0%
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Shanghai Huitong Energy Co.,Ltd General and Administrative Expenses
Year General and Administrative Expenses Growth
1992 15.525.874
1993 22.253.215 30.23%
1994 0 0%
1995 33.268.648 100%
1996 39.171.636 15.07%
1997 29.972.728 -30.69%
1998 36.549.255 17.99%
1999 28.622.290 -27.7%
2000 36.353.410 21.27%
2001 29.919.108 -21.51%
2002 36.547.738 18.14%
2003 35.837.043 -1.98%
2004 34.997.253 -2.4%
2005 63.127.775 44.56%
2006 36.715.381 -71.94%
2007 28.700.761 -27.92%
2008 38.853.010 26.13%
2009 34.879.760 -11.39%
2010 6.513.263 -435.52%
2011 7.370.976 11.64%
2012 9.070.048 18.73%
2013 11.132.741 18.53%
2014 16.065.753 30.71%
2015 12.495.213 -28.58%
2016 13.784.449 9.35%
2017 13.292.092 -3.7%
2018 11.623.570 -14.35%
2019 7.263.910 -60.02%
2020 3.772.564 -92.55%
2021 7.560.382 50.1%
2022 6.509.961 -16.14%
2023 65.753.144 90.1%
2023 10.868.659 -504.98%
2024 21.468.600 49.37%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Shanghai Huitong Energy Co.,Ltd EBITDA
Year EBITDA Growth
1992 38.658.248
1993 47.980.983 19.43%
1994 299.423.100 83.98%
1995 8.191.853 -3555.13%
1996 -1.901.885 530.72%
1997 -547.245 -247.54%
1998 -1.682.880 67.48%
1999 9.866.753 117.06%
2000 17.909.124 44.91%
2001 22.494.499 20.38%
2002 23.993.096 6.25%
2003 20.849.938 -15.08%
2004 20.576.649 -1.33%
2005 23.064.877 10.79%
2006 17.488.842 -31.88%
2007 51.887.307 66.29%
2008 -3.960.684 1410.06%
2009 26.007.405 115.23%
2010 39.733.438 34.55%
2011 61.172.909 35.05%
2012 67.797.494 9.77%
2013 61.739.425 -9.81%
2014 56.723.201 -8.84%
2015 61.592.016 7.9%
2016 95.722.461 35.66%
2017 96.562.477 0.87%
2018 90.407.368 -6.81%
2019 59.680.787 -51.48%
2020 71.438.068 16.46%
2021 103.428.677 30.93%
2022 40.920.891 -152.75%
2023 -123.330.579 133.18%
2023 10.853.050 1236.37%
2024 30.278.612 64.16%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Shanghai Huitong Energy Co.,Ltd Gross Profit
Year Gross Profit Growth
1992 109.134.566
1993 130.010.627 16.06%
1994 299.423.100 56.58%
1995 45.714.772 -554.98%
1996 41.610.715 -9.86%
1997 34.125.499 -21.93%
1998 30.504.881 -11.87%
1999 34.514.599 11.62%
2000 21.993.882 -56.93%
2001 26.443.419 16.83%
2002 25.935.320 -1.96%
2003 15.590.673 -66.35%
2004 -21.271.918 173.29%
2005 -101.758.876 79.1%
2006 13.821.717 836.22%
2007 30.168.925 54.19%
2008 3.912.822 -671.03%
2009 38.322.961 89.79%
2010 40.977.041 6.48%
2011 60.414.678 32.17%
2012 52.917.975 -14.17%
2013 61.453.954 13.89%
2014 65.140.394 5.66%
2015 68.487.287 4.89%
2016 91.236.213 24.93%
2017 90.271.473 -1.07%
2018 90.207.975 -0.07%
2019 64.435.698 -40%
2020 65.156.619 1.11%
2021 80.489.678 19.05%
2022 69.612.577 -15.63%
2023 72.517.100 4.01%
2023 57.634.757 -25.82%
2024 68.254.060 15.56%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Shanghai Huitong Energy Co.,Ltd Net Profit
Year Net Profit Growth
1992 21.596.896
1993 25.687.968 15.93%
1994 22.675.500 -13.29%
1995 4.431.616 -411.68%
1996 5.622.813 21.19%
1997 29.970.047 81.24%
1998 33.087.176 9.42%
1999 31.943.644 -3.58%
2000 8.465.481 -277.34%
2001 9.423.253 10.16%
2002 6.025.018 -56.4%
2003 7.081.392 14.92%
2004 4.196.068 -68.76%
2005 6.086.524 31.06%
2006 4.755.071 -28%
2007 39.045.003 87.82%
2008 42.589.151 8.32%
2009 22.622.430 -88.26%
2010 4.160.596 -443.73%
2011 5.875.382 29.19%
2012 6.600.982 10.99%
2013 6.658.666 0.87%
2014 7.958.237 16.33%
2015 10.275.127 22.55%
2016 24.822.581 58.61%
2017 29.375.313 15.5%
2018 17.785.237 -65.17%
2019 23.069.497 22.91%
2020 49.721.641 53.6%
2021 60.267.384 17.5%
2022 3.836.710 -1470.81%
2023 41.241.692 90.7%
2023 56.454.045 26.95%
2024 282.887.752 80.04%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Shanghai Huitong Energy Co.,Ltd Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1992 0
1993 0 0%
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 1 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Shanghai Huitong Energy Co.,Ltd Free Cashflow
Year Free Cashflow Growth
1998 -5.984.796
1999 26.150.658 122.89%
2000 2.892.038 -804.23%
2001 1.936.304 -49.36%
2002 1.003.642 -92.93%
2003 21.380.496 95.31%
2004 -166.137.262 112.87%
2005 -165.984.412 -0.09%
2006 -22.371.959 -641.93%
2007 -98.222.588 77.22%
2008 -191.988.731 48.84%
2009 60.725.216 416.16%
2010 -356.189.846 117.05%
2011 -67.550.356 -427.3%
2012 63.854.363 205.79%
2013 -30.923.194 306.49%
2014 89.244.478 134.65%
2015 -230.069.024 138.79%
2016 20.959.147 1197.7%
2017 21.897.118 4.28%
2018 458.759.500 95.23%
2019 254.645.926 -80.16%
2020 -642.405.224 139.64%
2021 -461.980.989 -39.05%
2022 356.891.024 229.45%
2023 -39.207 910396.95%
2023 292.956.741 100.01%
2024 67.683.916 -332.83%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Shanghai Huitong Energy Co.,Ltd Operating Cashflow
Year Operating Cashflow Growth
1998 -1.245.241
1999 28.298.316 104.4%
2000 5.034.664 -462.07%
2001 5.019.771 -0.3%
2002 3.257.465 -54.1%
2003 23.236.908 85.98%
2004 -165.525.333 114.04%
2005 -158.809.539 -4.23%
2006 -21.875.015 -625.99%
2007 -6.742.665 -224.43%
2008 -182.684.818 96.31%
2009 61.520.305 396.95%
2010 -3.708.624 1758.84%
2011 -23.402.645 84.15%
2012 92.645.084 125.26%
2013 -27.415.878 437.92%
2014 145.518.718 118.84%
2015 16.178.321 -799.47%
2016 39.996.940 59.55%
2017 29.124.188 -37.33%
2018 467.728.985 93.77%
2019 257.536.689 -81.62%
2020 -639.237.024 140.29%
2021 -458.049.512 -39.56%
2022 357.132.974 228.26%
2023 0 0%
2023 293.058.320 100%
2024 69.793.197 -319.9%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Shanghai Huitong Energy Co.,Ltd Capital Expenditure
Year Capital Expenditure Growth
1998 4.739.555
1999 2.147.658 -120.68%
2000 2.142.626 -0.23%
2001 3.083.467 30.51%
2002 2.253.822 -36.81%
2003 1.856.411 -21.41%
2004 611.929 -203.37%
2005 7.174.873 91.47%
2006 496.944 -1343.8%
2007 91.479.923 99.46%
2008 9.303.913 -883.24%
2009 795.088 -1070.17%
2010 352.481.222 99.77%
2011 44.147.711 -698.41%
2012 28.790.720 -53.34%
2013 3.507.317 -720.88%
2014 56.274.239 93.77%
2015 246.247.345 77.15%
2016 19.037.793 -1193.47%
2017 7.227.069 -163.42%
2018 8.969.485 19.43%
2019 2.890.762 -210.28%
2020 3.168.200 8.76%
2021 3.931.477 19.41%
2022 241.950 -1524.91%
2023 39.207 -517.12%
2023 101.579 61.4%
2024 2.109.281 95.18%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Shanghai Huitong Energy Co.,Ltd Equity
Year Equity Growth
1992 202.142.506
1993 257.587.735 21.52%
1994 278.261.400 7.43%
1995 286.527.014 2.88%
1996 288.468.302 0.67%
1997 293.756.444 1.8%
1998 327.903.248 10.41%
1999 321.942.402 -1.85%
2000 327.200.345 1.61%
2001 312.458.463 -4.72%
2002 316.443.614 1.26%
2003 315.077.775 -0.43%
2004 319.294.952 1.32%
2005 339.189.696 5.87%
2006 237.563.588 -42.78%
2007 294.961.906 19.46%
2008 337.551.057 12.62%
2009 360.173.488 6.28%
2010 459.699.921 21.65%
2011 468.537.205 1.89%
2012 475.138.188 1.39%
2013 479.586.701 0.93%
2014 485.334.827 1.18%
2015 555.388.917 12.61%
2016 577.119.928 3.77%
2017 673.190.758 14.27%
2018 694.613.418 3.08%
2019 710.863.334 2.29%
2020 774.534.363 8.22%
2021 1.132.657.065 31.62%
2022 1.131.377.395 -0.11%
2023 1.294.329.223 12.59%
2023 1.284.165.970 -0.79%
2024 1.369.779.842 6.25%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Shanghai Huitong Energy Co.,Ltd Assets
Year Assets Growth
1992 454.140.884
1993 525.215.459 13.53%
1994 541.895.200 3.08%
1995 553.532.166 2.1%
1996 553.683.376 0.03%
1997 631.769.018 12.36%
1998 636.872.920 0.8%
1999 636.751.144 -0.02%
2000 615.925.320 -3.38%
2001 599.701.045 -2.71%
2002 623.607.443 3.83%
2003 733.799.497 15.02%
2004 791.446.778 7.28%
2005 692.499.466 -14.29%
2006 696.912.202 0.63%
2007 584.456.290 -19.24%
2008 556.782.613 -4.97%
2009 558.909.136 0.38%
2010 818.619.212 31.73%
2011 808.382.345 -1.27%
2012 864.705.308 6.51%
2013 829.021.163 -4.3%
2014 927.525.689 10.62%
2015 1.262.197.980 26.52%
2016 1.238.472.038 -1.92%
2017 1.237.981.757 -0.04%
2018 1.193.647.494 -3.71%
2019 768.313.708 -55.36%
2020 858.815.674 10.54%
2021 2.064.133.428 58.39%
2022 2.288.206.146 9.79%
2023 1.501.351.656 -52.41%
2023 3.019.134.208 50.27%
2024 1.638.225.167 -84.29%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Shanghai Huitong Energy Co.,Ltd Liabilities
Year Liabilities Growth
1992 251.998.378
1993 267.627.723 5.84%
1994 263.633.800 -1.51%
1995 267.005.151 1.26%
1996 265.215.072 -0.67%
1997 338.012.574 21.54%
1998 308.969.671 -9.4%
1999 314.808.742 1.85%
2000 288.724.973 -9.03%
2001 287.242.581 -0.52%
2002 307.163.828 6.49%
2003 418.721.722 26.64%
2004 472.151.824 11.32%
2005 353.309.769 -33.64%
2006 459.348.613 23.08%
2007 289.494.383 -58.67%
2008 219.231.555 -32.05%
2009 198.735.647 -10.31%
2010 358.919.290 44.63%
2011 339.845.140 -5.61%
2012 389.567.120 12.76%
2013 349.434.462 -11.49%
2014 442.190.861 20.98%
2015 706.809.062 37.44%
2016 661.352.110 -6.87%
2017 564.790.999 -17.1%
2018 499.034.076 -13.18%
2019 57.450.373 -768.64%
2020 84.281.311 31.83%
2021 931.476.363 90.95%
2022 1.156.828.750 19.48%
2023 207.022.433 -458.79%
2023 1.734.968.238 88.07%
2024 268.445.325 -546.3%

Shanghai Huitong Energy Co.,Ltd Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.7
Net Income per Share
0.51
Price to Earning Ratio
61.43x
Price To Sales Ratio
44.77x
POCF Ratio
41.79
PFCF Ratio
42.37
Price to Book Ratio
4.73
EV to Sales
35.49
EV Over EBITDA
-241.27
EV to Operating CashFlow
33.13
EV to FreeCashFlow
33.58
Earnings Yield
0.02
FreeCashFlow Yield
0.02
Market Cap
6,48 Bil.
Enterprise Value
5,14 Bil.
Graham Number
8.74
Graham NetNet
5.97

Income Statement Metrics

Net Income per Share
0.51
Income Quality
1.47
ROE
0.08
Return On Assets
0.06
Return On Capital Employed
0.01
Net Income per EBT
0.87
EBT Per Ebit
6.41
Ebit per Revenue
0.13
Effective Tax Rate
0.13

Margins

Sales, General, & Administrative to Revenue
0.13
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.43
Operating Profit Margin
0.13
Pretax Profit Margin
0.84
Net Profit Margin
0.73

Dividends

Dividend Yield
0.02
Dividend Yield %
1.91
Payout Ratio
0.24
Dividend Per Share
0.6

Operating Metrics

Operating Cashflow per Share
0.75
Free CashFlow per Share
0.74
Capex to Operating CashFlow
0.01
Capex to Revenue
0.01
Capex to Depreciation
0.67
Return on Invested Capital
0.01
Return on Tangible Assets
0.06
Days Sales Outstanding
79.33
Days Payables Outstanding
89.92
Days of Inventory on Hand
4.49
Receivables Turnover
4.6
Payables Turnover
4.06
Inventory Turnover
81.36
Capex per Share
0.01

Balance Sheet

Cash per Share
7,15
Book Value per Share
6,64
Tangible Book Value per Share
6.64
Shareholders Equity per Share
6.64
Interest Debt per Share
0.15
Debt to Equity
0.02
Debt to Assets
0.02
Net Debt to EBITDA
63.11
Current Ratio
6.25
Tangible Asset Value
1,37 Bil.
Net Current Asset Value
1,24 Bil.
Invested Capital
1305039120
Working Capital
1,27 Bil.
Intangibles to Total Assets
0
Average Receivables
0,03 Bil.
Average Payables
0,02 Bil.
Average Inventory
919844.5
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Shanghai Huitong Energy Co.,Ltd Dividends
Year Dividends Growth
1994 0
1998 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 1 0%

Shanghai Huitong Energy Co.,Ltd Profile

About Shanghai Huitong Energy Co.,Ltd

Shanghai Huitong Energy Co.,Ltd engages house leasing and property services in China. The company was formerly known as Shanghai Light Industry Machinery Co., Ltd. and changed its name to Shanghai Huitong Energy Co.,Ltd in 2007. The company was founded in 1956 and is headquartered in Shanghai, China. Shanghai Huitong Energy Co.,Ltd is a subsidiary of Tibet Dejin Business Management Co., Ltd.

CEO
Mr. Yong Zhao
Employee
146
Address
BenQ Plaza
Shanghai,

Shanghai Huitong Energy Co.,Ltd Executives & BODs

Shanghai Huitong Energy Co.,Ltd Executives & BODs
# Name Age
1 Mr. Yong Zhao
GM, Chief Financial Officer & Director
70
2 Mr. Yong Wang
Board Secretary
70

Shanghai Huitong Energy Co.,Ltd Competitors