Hinopak Financial Statements From 2010 to 2024
| HINO Stock | 291.66 5.54 1.86% |
Check Hinopak Motors financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hinopak Motors' main balance sheet or income statement drivers, such as , as well as many indicators such as . Hinopak financial statements analysis is a perfect complement when working with Hinopak Motors Valuation or Volatility modules.
Hinopak |
Hinopak Motors Company Net Income Analysis
Hinopak Motors' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Hinopak Motors Net Income | 417.13 M |
Most of Hinopak Motors' fundamental indicators, such as Net Income, 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, Hinopak Motors is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Hinopak Motors reported net income of 417.13 M. This is 60.78% higher than that of the Industrials sector and notably lower than that of the Machinery industry. The net income for all Pakistan stocks is 26.94% higher than that of the company.
Hinopak Motors Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hinopak Motors's current stock value. Our valuation model uses many indicators to compare Hinopak Motors value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hinopak Motors competition to find correlations between indicators driving Hinopak Motors's intrinsic value. More Info.Hinopak Motors is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in ebitda category among its peers totaling about 0.07 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Hinopak Motors is roughly 14.99 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hinopak Motors by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hinopak Motors' 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 Hinopak Motors Financial Statements
Hinopak Motors stakeholders use historical fundamental indicators, such as Hinopak Motors' revenue or net income, to determine how well the company is positioned to perform in the future. Although Hinopak Motors investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hinopak Motors' assets and liabilities are reflected in the revenues and expenses on Hinopak Motors' 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 Hinopak Motors. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Hinopak Motors
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 Hinopak Motors 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 Hinopak Motors will appreciate offsetting losses from the drop in the long position's value.Moving together with Hinopak Stock
The ability to find closely correlated positions to Hinopak Motors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hinopak Motors 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 Hinopak Motors - 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 Hinopak Motors to buy it.
The correlation of Hinopak Motors 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 Hinopak Motors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hinopak Motors 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 Hinopak Motors 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 Hinopak Stock
Hinopak Motors financial ratios help investors to determine whether Hinopak 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 Hinopak with respect to the benefits of owning Hinopak Motors security.