Namhwa Industrial Co Stock Net Income

111710 Stock  KRW 5,310  170.00  3.31%   
Namhwa Industrial Co fundamentals help investors to digest information that contributes to Namhwa Industrial's financial success or failures. It also enables traders to predict the movement of Namhwa Stock. The fundamental analysis module provides a way to measure Namhwa Industrial'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 Namhwa Industrial stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Namhwa Industrial Co Company Net Income Analysis

Namhwa Industrial's 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.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Namhwa Industrial Net Income

    
  13.74 B  
Most of Namhwa Industrial's 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, Namhwa Industrial Co 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, Namhwa Industrial Co reported net income of 13.74 B. This is much higher than that of the Consumer Cyclicals sector and significantly higher than that of the Hotels & Entertainment Services industry. The net income for all Republic of Korea stocks is notably lower than that of the firm.

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Namhwa Fundamentals

About Namhwa Industrial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Namhwa Industrial Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Namhwa Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Namhwa Industrial Co 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.

Pair Trading with Namhwa Industrial

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 Namhwa Industrial 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 Namhwa Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving against Namhwa Stock

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The ability to find closely correlated positions to Namhwa Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Namhwa Industrial 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 Namhwa Industrial - 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 Namhwa Industrial Co to buy it.
The correlation of Namhwa Industrial 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 Namhwa Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Namhwa Industrial 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 Namhwa Industrial 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

Other Information on Investing in Namhwa Stock

Namhwa Industrial financial ratios help investors to determine whether Namhwa 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 Namhwa with respect to the benefits of owning Namhwa Industrial security.