China Financial Statements From 2010 to 2025
| CGG Stock | CAD 28.53 0.29 1.01% |
Check China Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among China Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . China financial statements analysis is a perfect complement when working with China Gold Valuation or Volatility modules.
China |
China Gold International Company Operating Margin Analysis
China Gold's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current China Gold Operating Margin | 0.50 % |
Most of China Gold's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, China Gold International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, China Gold International has an Operating Margin of 0.5046%. This is 134.56% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The operating margin for all Canada stocks is 109.16% lower than that of the firm.
China Gold International Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining China Gold's current stock value. Our valuation model uses many indicators to compare China Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across China Gold competition to find correlations between indicators driving China Gold's intrinsic value. More Info.China Gold International is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for China Gold International is roughly 2.06 . Comparative valuation analysis is a catch-all model that can be used if you cannot value China Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for China Gold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About China Gold Financial Statements
China Gold investors utilize fundamental indicators, such as revenue or net income, to predict how China Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the Peoples Republic of China. The company is considered as a Red Chip company due to its listing on the Hong Kong Stock Exchange. CHINA GOLD operates under Other Precious Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 2050 people.
Pair Trading with China Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with China Stock
| 0.65 | AG | First Majestic Silver | PairCorr |
| 0.66 | ORE | Orezone Gold Corp | PairCorr |
| 0.8 | FDR | Flinders Resources | PairCorr |
Moving against China Stock
| 0.66 | AML | Argus Metals Corp | PairCorr |
| 0.62 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.61 | MSFT | Microsoft CDR | PairCorr |
| 0.32 | URZ | Urz Energy Corp | PairCorr |
| 0.32 | INFM | Infinico Metals Corp | PairCorr |
The ability to find closely correlated positions to China Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Gold International to buy it.
The correlation of China Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Gold International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in China Stock
China Gold financial ratios help investors to determine whether China Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in China with respect to the benefits of owning China Gold security.