Seojin Automotive Coltd Stock Revenue

122690 Stock  KRW 1,981  49.00  2.41%   
Seojin Automotive CoLtd fundamentals help investors to digest information that contributes to Seojin Automotive's financial success or failures. It also enables traders to predict the movement of Seojin Stock. The fundamental analysis module provides a way to measure Seojin Automotive'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 Seojin Automotive 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.

Seojin Automotive CoLtd Company Revenue Analysis

Seojin Automotive's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Revenue

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Money Received

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Discounts and Returns

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Current Seojin Automotive Revenue

    
  1.76 T  
Most of Seojin Automotive's fundamental indicators, such as Revenue, 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, Seojin Automotive CoLtd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Based on the latest financial disclosure, Seojin Automotive CoLtd reported 1.76 T of revenue. This is much higher than that of the Auto Components sector and significantly higher than that of the Consumer Discretionary industry. The revenue for all Republic of Korea stocks is notably lower than that of the firm.

Seojin Revenue Peer Comparison

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

Seojin Fundamentals

About Seojin Automotive Fundamental Analysis

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

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 Seojin Automotive 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 Seojin Automotive will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Seojin Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seojin Automotive 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 Seojin Automotive - 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 Seojin Automotive CoLtd to buy it.
The correlation of Seojin Automotive 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 Seojin Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seojin Automotive CoLtd 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 Seojin Automotive 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 Seojin Stock

Seojin Automotive financial ratios help investors to determine whether Seojin 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 Seojin with respect to the benefits of owning Seojin Automotive security.