Shenyang Chemical Industry Stock Gross Profit

000698 Stock   3.73  0.08  2.19%   
Shenyang Chemical Industry fundamentals help investors to digest information that contributes to Shenyang Chemical's financial success or failures. It also enables traders to predict the movement of Shenyang Stock. The fundamental analysis module provides a way to measure Shenyang Chemical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shenyang Chemical stock.
Last ReportedProjected for Next Year
Gross Profit166.6 M158.3 M
As of November 29, 2024, Gross Profit is expected to decline to about 158.3 M.
  
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Shenyang Chemical Industry Company Gross Profit Analysis

Shenyang Chemical's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

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Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Shenyang Chemical Gross Profit

    
  180.6 M  
Most of Shenyang Chemical's fundamental indicators, such as Gross Profit, 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, Shenyang Chemical Industry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Shenyang Chemical Industry reported 180.6 M of gross profit. This is 98.87% lower than that of the Chemicals sector and significantly higher than that of the Materials industry. The gross profit for all China stocks is 99.34% higher than that of the company.

Shenyang Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shenyang Chemical's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shenyang Chemical could also be used in its relative valuation, which is a method of valuing Shenyang Chemical by comparing valuation metrics of similar companies.
Shenyang Chemical is currently under evaluation in gross profit category among its peers.

Shenyang Fundamentals

About Shenyang Chemical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shenyang Chemical Industry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shenyang Chemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shenyang Chemical Industry based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Shenyang Stock

Shenyang Chemical financial ratios help investors to determine whether Shenyang 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 Shenyang with respect to the benefits of owning Shenyang Chemical security.