China Financial Statements From 2010 to 2024
| CHNGQDelisted Stock | USD 0.0001 0.00 0.00% |
Check China Natural financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among China Natural'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 Natural Valuation or Volatility modules.
China |
China Natural Cmn Company Operating Margin Analysis
China Natural'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 Natural Operating Margin | 0.04 % |
Most of China Natural'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 Natural Cmn 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.
CompetitionBased on the recorded statements, China Natural Cmn has an Operating Margin of 0.0432%. This is 99.78% lower than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The operating margin for all United States stocks is 100.78% lower than that of the firm.
China Natural Cmn Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining China Natural's current stock value. Our valuation model uses many indicators to compare China Natural value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across China Natural competition to find correlations between indicators driving China Natural's intrinsic value. More Info.China Natural Cmn is rated below average in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about 0.56 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for China Natural Cmn is roughly 1.77 . Comparative valuation analysis is a catch-all technique that is used if you cannot value China Natural by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About China Natural Financial Statements
China Natural shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although China Natural investors may analyze each financial statement separately, they are all interrelated. The changes in China Natural's assets and liabilities, for example, are also reflected in the revenues and expenses on on China Natural's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
China Natural Gas, Inc., an integrated natural gas operator, engages in the sale and distribution of natural gas and gasoline to commercial, industrial, and residential customers in the Peoples Republic of China. The involuntary petition was filed under Chapter 11 on February 8, 2013. CHINA NATURAL operates under UtilitiesRegulated Gas classification in the United States and is traded on PNK Exchange. It employs 1056 people.
Pair Trading with China Natural
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 Natural 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 Natural will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to China Natural 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 Natural 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 Natural - 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 Natural Cmn to buy it.
The correlation of China Natural 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 Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Natural Cmn 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 Natural 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in China Stock
If you are still planning to invest in China Natural Cmn check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the China Natural's history and understand the potential risks before investing.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Transaction History View history of all your transactions and understand their impact on performance |