Hang Xiao Steel Stock Gross Profit

600477 Stock   2.78  0.03  1.09%   
Hang Xiao Steel fundamentals help investors to digest information that contributes to Hang Xiao's financial success or failures. It also enables traders to predict the movement of Hang Stock. The fundamental analysis module provides a way to measure Hang Xiao'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 Hang Xiao stock.
Last ReportedProjected for Next Year
Gross Profit1.7 B1.5 B
As of November 29, 2024, Gross Profit is expected to decline to about 1.5 B.
  
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Hang Xiao Steel Company Gross Profit Analysis

Hang Xiao'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

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Hang Xiao Gross Profit

    
  1.32 B  
Most of Hang Xiao'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, Hang Xiao Steel 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, Hang Xiao Steel reported 1.32 B of gross profit. This is 91.72% lower than that of the Construction & Engineering sector and significantly higher than that of the Industrials industry. The gross profit for all China stocks is 95.17% higher than that of the company.

Hang Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hang Xiao'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 Hang Xiao could also be used in its relative valuation, which is a method of valuing Hang Xiao by comparing valuation metrics of similar companies.
Hang Xiao is currently under evaluation in gross profit category among its peers.

Hang Fundamentals

About Hang Xiao Fundamental Analysis

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

Hang Xiao financial ratios help investors to determine whether Hang 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 Hang with respect to the benefits of owning Hang Xiao security.