Quanergy Financial Statements From 2010 to 2024
| QNGYQDelisted Stock | 0.04 0 6.98% |
Check Quanergy Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quanergy Systems' main balance sheet or income statement drivers, such as , as well as many indicators such as . Quanergy financial statements analysis is a perfect complement when working with Quanergy Systems Valuation or Volatility modules.
Quanergy |
Quanergy Systems Company Return On Asset Analysis
Quanergy Systems' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Quanergy Systems Return On Asset | -1.59 |
Most of Quanergy Systems' fundamental indicators, such as Return On Asset, 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, Quanergy Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Quanergy Systems has a Return On Asset of -1.5905. This is 44.97% lower than that of the Technology sector and 51.21% lower than that of the Scientific & Technical Instruments industry. The return on asset for all United States stocks is notably higher than that of the company.
Quanergy Systems Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Quanergy Systems's current stock value. Our valuation model uses many indicators to compare Quanergy Systems value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Quanergy Systems competition to find correlations between indicators driving Quanergy Systems's intrinsic value. More Info.Quanergy Systems is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in operating margin category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Quanergy Systems' earnings, one of the primary drivers of an investment's value.About Quanergy Systems Financial Statements
Quanergy Systems 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 Quanergy Systems investors may analyze each financial statement separately, they are all interrelated. The changes in Quanergy Systems' assets and liabilities, for example, are also reflected in the revenues and expenses on on Quanergy Systems' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Pair Trading with Quanergy Systems
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 Quanergy Systems 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 Quanergy Systems will appreciate offsetting losses from the drop in the long position's value.Moving against Quanergy Pink Sheet
| 0.8 | SHMZF | Shimadzu | PairCorr |
| 0.79 | COHR | Coherent | PairCorr |
| 0.78 | TKURF | Tokyu REIT | PairCorr |
| 0.7 | FINN | First National | PairCorr |
| 0.68 | TDY | Teledyne Technologies Fiscal Year End 22nd of January 2025 | PairCorr |
The ability to find closely correlated positions to Quanergy Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quanergy Systems 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 Quanergy Systems - 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 Quanergy Systems to buy it.
The correlation of Quanergy Systems 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 Quanergy Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quanergy Systems 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 Quanergy Systems 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 Your Equity Center 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 manufacturing. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in Quanergy Pink Sheet
If you are still planning to invest in Quanergy Systems 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 Quanergy Systems' history and understand the potential risks before investing.
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