Ebang Net Income from 2010 to 2024

EBON Stock  USD 6.92  0.10  1.42%   
Ebang International Net Loss yearly trend continues to be very stable with very little volatility. Net Loss is likely to grow to about -34.9 M this year. During the period from 2010 to 2024, Ebang International Net Loss quarterly data regression pattern had sample variance of 674 T and median of  411,665. View All Fundamentals
 
Net Loss  
First Reported
2014-06-30
Previous Quarter
-29 M
Current Value
-6.2 M
Quarterly Volatility
11.4 M
 
Yuan Drop
 
Covid
Check Ebang International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ebang International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.2 M, Selling General Administrative of 26.4 M or Selling And Marketing Expenses of 1.9 M, as well as many indicators such as Price To Sales Ratio of 18.79, Dividend Yield of 0.0364 or PTB Ratio of 0.33. Ebang financial statements analysis is a perfect complement when working with Ebang International Valuation or Volatility modules.
  
Check out the analysis of Ebang International Correlation against competitors.

Latest Ebang International's Net Income Growth Pattern

Below is the plot of the Net Income of Ebang International Holdings over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Ebang International financial statement analysis. It represents the amount of money remaining after all of Ebang International Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Ebang International's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ebang International's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (36.77 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Ebang Net Income Regression Statistics

Arithmetic Mean(8,966,475)
Geometric Mean4,836,044
Coefficient Of Variation(289.55)
Mean Deviation19,815,714
Median411,665
Standard Deviation25,962,174
Sample Variance674T
Range99.8M
R-Value(0.54)
Mean Square Error513.2T
R-Squared0.29
Significance0.04
Slope(3,142,437)
Total Sum of Squares9436.5T

Ebang Net Income History

2024-34.9 M
2023-36.8 M
2022-43.9 M
20214.4 M
2020-32.1 M
2019-42.4 M
2018-12.3 M

Other Fundumenentals of Ebang International

Ebang International Net Income component correlations

About Ebang International Financial Statements

Ebang International investors utilize fundamental indicators, such as Net Income, to predict how Ebang 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.
Last ReportedProjected for Next Year
Net Loss-36.8 M-34.9 M
Net Income Applicable To Common SharesM4.2 M
Net Loss-38 M-39.9 M
Net Loss(5.86)(6.15)
Net Income Per E B T 0.94  0.89 

Pair Trading with Ebang International

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 Ebang International 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 Ebang International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ebang Stock

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Moving against Ebang Stock

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  0.34VZ Verizon Communications Aggressive PushPairCorr
  0.33PG Procter GamblePairCorr
The ability to find closely correlated positions to Ebang International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ebang International 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 Ebang International - 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 Ebang International Holdings to buy it.
The correlation of Ebang International 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 Ebang International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ebang 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 Ebang International 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.
Pair CorrelationCorrelation Matching
When determining whether Ebang International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ebang International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ebang International Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ebang International Holdings Stock:
Check out the analysis of Ebang International Correlation against competitors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ebang International. If investors know Ebang will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ebang International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.60)
Revenue Per Share
0.572
Quarterly Revenue Growth
(0.48)
Return On Assets
(0.1)
Return On Equity
(0.12)
The market value of Ebang International is measured differently than its book value, which is the value of Ebang that is recorded on the company's balance sheet. Investors also form their own opinion of Ebang International's value that differs from its market value or its book value, called intrinsic value, which is Ebang International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ebang International's market value can be influenced by many factors that don't directly affect Ebang International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ebang International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ebang International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ebang International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.