Asiabasemetals Stock Net Income

ABZ Stock  CAD 0.09  0.01  6.25%   
Asiabasemetals fundamentals help investors to digest information that contributes to Asiabasemetals' financial success or failures. It also enables traders to predict the movement of Asiabasemetals Stock. The fundamental analysis module provides a way to measure Asiabasemetals' 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 Asiabasemetals stock.
Last ReportedProjected for Next Year
Net Loss-596.8 K-626.6 K
Net Loss-596.8 K-626.6 K
Net Loss-249.5 K-262 K
Net Loss(0.01)(0.01)
Net Loss is likely to drop to about (626.6 K) in 2024. Net Loss is likely to drop to about (626.6 K) in 2024.
  
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Asiabasemetals Company Net Income Analysis

Asiabasemetals' 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 Asiabasemetals Net Income

    
  (663.1 K)  
Most of Asiabasemetals' 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, Asiabasemetals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Asiabasemetals Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Asiabasemetals is extremely important. It helps to project a fair market value of Asiabasemetals Stock properly, considering its historical fundamentals such as Net Income. Since Asiabasemetals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Asiabasemetals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Asiabasemetals' interrelated accounts and indicators.
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

Asiabasemetals Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

2.08 Million

At this time, Asiabasemetals' Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Asiabasemetals reported net income of (663,104). This is 94.49% lower than that of the Metals & Mining sector and 100.05% lower than that of the Materials industry. The net income for all Canada stocks is 100.12% higher than that of the company.

Asiabasemetals Net Income Peer Comparison

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

Asiabasemetals Current Valuation Drivers

We derive many important indicators used in calculating different scores of Asiabasemetals from analyzing Asiabasemetals' financial statements. These drivers represent accounts that assess Asiabasemetals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Asiabasemetals' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap12.6M8.9M5.9M7.4M6.6M5.7M
Enterprise Value12.5M8.8M5.8M7.4M6.6M5.5M

Asiabasemetals Fundamentals

About Asiabasemetals Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Asiabasemetals Stock Analysis

When running Asiabasemetals' price analysis, check to measure Asiabasemetals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asiabasemetals is operating at the current time. Most of Asiabasemetals' value examination focuses on studying past and present price action to predict the probability of Asiabasemetals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asiabasemetals' price. Additionally, you may evaluate how the addition of Asiabasemetals to your portfolios can decrease your overall portfolio volatility.