Golden Change To Netincome from 2010 to 2024

GDHG Stock   1.65  0.06  3.77%   
Golden Heaven's Change To Netincome is increasing over the last several years with slightly volatile swings. Change To Netincome is predicted to flatten to about 538.4 K. During the period from 2010 to 2024 Golden Heaven Group Change To Netincome regressed destribution of quarterly values had coefficient of variationof  7.50 and r-value of  0.71. View All Fundamentals
 
Change To Netincome  
First Reported
2010-12-31
Previous Quarter
599.4 K
Current Value
538.4 K
Quarterly Volatility
36.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Heaven financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Heaven's main balance sheet or income statement drivers, such as Tax Provision of 5.2 M, Net Interest Income of 55.2 K or Interest Income of 59.8 K, as well as many indicators such as Price To Sales Ratio of 306, Dividend Yield of 0.0 or PTB Ratio of 336. Golden financial statements analysis is a perfect complement when working with Golden Heaven Valuation or Volatility modules.
  
Check out the analysis of Golden Heaven Correlation against competitors.

Latest Golden Heaven's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of Golden Heaven Group over the last few years. It is Golden Heaven's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Heaven's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Slightly volatile
   Change To Netincome   
       Timeline  

Golden Change To Netincome Regression Statistics

Arithmetic Mean492,647
Geometric Mean491,457
Coefficient Of Variation7.50
Mean Deviation27,942
Median473,596
Standard Deviation36,941
Sample Variance1.4B
Range125.8K
R-Value0.71
Mean Square Error733.7M
R-Squared0.50
Significance0
Slope5,845
Total Sum of Squares19.1B

Golden Change To Netincome History

2024538.4 K
2023599.4 K
2021521.2 K

About Golden Heaven Financial Statements

Golden Heaven stakeholders use historical fundamental indicators, such as Golden Heaven's Change To Netincome, to determine how well the company is positioned to perform in the future. Although Golden Heaven investors may analyze each financial statement separately, they are all interrelated. For example, changes in Golden Heaven's assets and liabilities are reflected in the revenues and expenses on Golden Heaven's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Golden Heaven Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Netincome599.4 K538.4 K

Currently Active Assets on Macroaxis

When determining whether Golden Heaven Group is a strong investment it is important to analyze Golden Heaven's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Heaven's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:
Check out the analysis of Golden Heaven Correlation against competitors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Hotels, Restaurants & Leisure 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 Golden Heaven. If investors know Golden 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 Golden Heaven listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.67)
Earnings Share
1.62
Revenue Per Share
24.732
Quarterly Revenue Growth
(0.31)
Return On Assets
0.0292
The market value of Golden Heaven Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Heaven's value that differs from its market value or its book value, called intrinsic value, which is Golden Heaven'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 Golden Heaven's market value can be influenced by many factors that don't directly affect Golden Heaven'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 Golden Heaven's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Heaven is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Heaven'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.