Anhui Gujing Book Value Per Share vs. Return On Asset
| 000596 Stock | 189.80 2.89 1.55% |
For Anhui Gujing profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Anhui Gujing to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Anhui Gujing Distillery utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Anhui Gujing's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Anhui Gujing Distillery over time as well as its relative position and ranking within its peers.
Anhui |
Anhui Gujing Distillery Return On Asset vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Anhui Gujing's current stock value. Our valuation model uses many indicators to compare Anhui Gujing value to that of its competitors to determine the firm's financial worth. Anhui Gujing Distillery is number one stock in book value per share category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Book Value Per Share to Return On Asset for Anhui Gujing Distillery is about 357.34 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Anhui Gujing by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Anhui Gujing's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Anhui Return On Asset vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Anhui Gujing |
| = | 45.20 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Anhui Gujing |
| = | 0.13 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Anhui Return On Asset Comparison
Anhui Gujing is currently under evaluation in return on asset category among its peers.
Anhui Gujing Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Anhui Gujing, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Anhui Gujing will eventually generate negative long term returns. The profitability progress is the general direction of Anhui Gujing's change in net profit over the period of time. It can combine multiple indicators of Anhui Gujing, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | 6.1 B | 6.4 B | |
| Net Income From Continuing Ops | 4.7 B | 5 B | |
| Income Before Tax | 6.3 B | 6.6 B | |
| Total Other Income Expense Net | 296.5 M | 209.8 M | |
| Net Income Applicable To Common Shares | 2.6 B | 1.7 B | |
| Net Income | 4.6 B | 4.8 B | |
| Income Tax Expense | 916.5 M | 588.4 M | |
| Net Interest Income | 164.9 M | 144.9 M | |
| Interest Income | 169.3 M | 155.3 M | |
| Change To Netincome | 53.2 M | 55.8 M |
Anhui Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Anhui Gujing. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Anhui Gujing position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Anhui Gujing's important profitability drivers and their relationship over time.
Use Anhui Gujing in pair-trading
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 Anhui Gujing 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 Anhui Gujing will appreciate offsetting losses from the drop in the long position's value.Anhui Gujing Pair Trading
Anhui Gujing Distillery Pair Trading Analysis
The ability to find closely correlated positions to Anhui Gujing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anhui Gujing 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 Anhui Gujing - 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 Anhui Gujing Distillery to buy it.
The correlation of Anhui Gujing 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 Anhui Gujing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anhui Gujing Distillery 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 Anhui Gujing 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.Use Investing Themes to Complement your Anhui Gujing position
In addition to having Anhui Gujing in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Fabricated Products Theme or any other thematic opportunities.
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Other Information on Investing in Anhui Stock
To fully project Anhui Gujing's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Anhui Gujing Distillery at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Anhui Gujing's income statement, its balance sheet, and the statement of cash flows.