Kaixin Net Profit Margin vs Gross Profit Margin Analysis
| KXIN Stock | USD 1.96 0.02 1.01% |
Kaixin Auto financial indicator trend analysis is infinitely more than just investigating Kaixin Auto Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kaixin Auto Holdings is a good investment. Please check the relationship between Kaixin Auto Net Profit Margin and its Gross Profit Margin accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaixin Auto Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Net Profit Margin vs Gross Profit Margin
Net Profit Margin vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kaixin Auto Holdings Net Profit Margin account and Gross Profit Margin. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kaixin Auto's Net Profit Margin and Gross Profit Margin is 0.5. Overlapping area represents the amount of variation of Net Profit Margin that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Kaixin Auto Holdings, assuming nothing else is changed. The correlation between historical values of Kaixin Auto's Net Profit Margin and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Profit Margin of Kaixin Auto Holdings are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Profit Margin i.e., Kaixin Auto's Net Profit Margin and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.5 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.Gross Profit Margin
Most indicators from Kaixin Auto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kaixin Auto Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaixin Auto Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Kaixin Auto's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.60, while Discontinued Operations is likely to drop (717.3 K).
Kaixin Auto fundamental ratios Correlations
Click cells to compare fundamentals
Kaixin Auto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kaixin Auto fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 54.4M | 48.5M | 74.2M | 55.7M | 85.5M | 71.7M | |
| Other Current Liab | 26.8M | (23.3M) | 11.4M | 5.6M | 11.5M | 19.9M | |
| Total Current Liabilities | 51.0M | 40.9M | 29.4M | 19.9M | 15.1M | 14.4M | |
| Total Stockholder Equity | (4.6M) | (55K) | 29.7M | 31.3M | 63.5M | 66.7M | |
| Net Tangible Assets | (4.6M) | (55K) | 15.0M | 18.4M | 21.2M | 22.2M | |
| Retained Earnings | (192.2M) | (197.5M) | (198.3M) | (283.0M) | (336.6M) | (319.7M) | |
| Accounts Payable | 4.1M | 402K | 295K | 1.6M | 94K | 89.3K | |
| Cash | 3.2M | 3.2M | 5.3M | 7.1M | 2.1M | 4.0M | |
| Non Current Assets Total | 2.4M | 1.7M | 15.2M | 13.4M | 81.3M | 85.4M | |
| Cash And Short Term Investments | 3.2M | 3.2M | 5.3M | 7.1M | 2.1M | 4.0M | |
| Net Receivables | 219K | 734K | 19.8M | 18.4M | 1.5M | 1.4M | |
| Common Stock Total Equity | 202.0M | 204.2M | 5K | 6K | 5.4K | 5.1K | |
| Common Stock Shares Outstanding | 74.0M | 4.9M | 7.6M | 13.3M | 22.9M | 17.6M | |
| Liabilities And Stockholders Equity | 54.4M | 48.5M | 74.2M | 55.7M | 85.5M | 71.7M | |
| Non Current Liabilities Total | 810K | 26K | 6.7M | 311K | 3.5M | 3.3M | |
| Inventory | 21.0M | (734K) | 404K | 31K | 65K | 61.8K | |
| Other Current Assets | 473K | 412K | 33.5M | 16.8M | 597K | 567.2K | |
| Other Stockholder Equity | 186.5M | 7.6M | 227.3M | 312.8M | 399.1M | 419.1M | |
| Total Liab | 51.9M | 41.0M | 36.1M | 20.2M | 18.6M | 17.7M | |
| Total Current Assets | 52.0M | 46.8M | 58.9M | 42.3M | 4.2M | 4.0M | |
| Accumulated Other Comprehensive Income | 1.2M | 1.1M | 645K | 1.5M | 898K | 863.6K | |
| Short Term Debt | 18.4M | 15.3M | 6.4M | 9.4M | 2.7M | 2.6M | |
| Common Stock | 5K | 6K | 8K | 11K | 37K | 35.2K | |
| Property Plant Equipment | 2.4M | 119K | 583K | 477K | 548.6K | 730.1K | |
| Net Debt | 16.0M | 12.2M | 5.6M | 2.6M | 882K | 837.9K | |
| Net Invested Capital | 12.1M | (55K) | 40.0M | 40.6M | 48.2M | 63.7M | |
| Net Working Capital | 936K | 604K | 29.6M | 22.4M | (10.9M) | (10.4M) | |
| Short Long Term Debt Total | 19.2M | 15.3M | 10.8M | 9.7M | 3.0M | 2.8M |
Pair Trading with Kaixin Auto
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 Kaixin Auto 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 Kaixin Auto will appreciate offsetting losses from the drop in the long position's value.Moving against Kaixin Stock
The ability to find closely correlated positions to Kaixin Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kaixin Auto 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 Kaixin Auto - 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 Kaixin Auto Holdings to buy it.
The correlation of Kaixin Auto 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 Kaixin Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kaixin Auto Holdings 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 Kaixin Auto 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaixin Auto Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kaixin Auto. If investors know Kaixin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kaixin Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (129.04) | Revenue Per Share 18.145 | Quarterly Revenue Growth (0.74) | Return On Assets (0.48) | Return On Equity (1.34) |
The market value of Kaixin Auto Holdings is measured differently than its book value, which is the value of Kaixin that is recorded on the company's balance sheet. Investors also form their own opinion of Kaixin Auto's value that differs from its market value or its book value, called intrinsic value, which is Kaixin Auto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kaixin Auto's market value can be influenced by many factors that don't directly affect Kaixin Auto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kaixin Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kaixin Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kaixin Auto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.