Hengli Industrial EBITDA vs. Price To Book
| 000622 Stock | 2.33 0.03 1.27% |
EBITDA | First Reported 2010-12-31 | Previous Quarter -12.1 M | Current Value -11.5 M | Quarterly Volatility 18.1 M |
For Hengli Industrial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hengli Industrial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hengli Industrial Development utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hengli Industrial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hengli Industrial Development over time as well as its relative position and ranking within its peers.
Hengli |
Hengli Industrial Price To Book vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hengli Industrial's current stock value. Our valuation model uses many indicators to compare Hengli Industrial value to that of its competitors to determine the firm's financial worth. Hengli Industrial Development is number one stock in ebitda category among its peers. It also is number one stock in price to book category among its peers . At present, Hengli Industrial's EBITDA is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Hengli Industrial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hengli Industrial'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.Hengli Price To Book vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Hengli Industrial |
| = | (20.12 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Hengli Industrial |
| = | 6.02 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Hengli Price To Book Comparison
Hengli Industrial is currently under evaluation in price to book category among its peers.
Hengli Industrial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hengli Industrial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hengli Industrial will eventually generate negative long term returns. The profitability progress is the general direction of Hengli Industrial's change in net profit over the period of time. It can combine multiple indicators of Hengli Industrial, 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 | ||
| Accumulated Other Comprehensive Income | 141.4 M | 125.7 M | |
| Operating Income | -9.7 M | -9.2 M | |
| Income Before Tax | -12.3 M | -11.7 M | |
| Net Income Applicable To Common Shares | 1.6 M | 1.5 M | |
| Net Loss | -11.5 M | -10.9 M | |
| Income Tax Expense | -58.7 K | -55.8 K | |
| Net Interest Income | 440.9 K | 760.1 K | |
| Interest Income | 1.8 M | 1.2 M | |
| Net Loss | -11.5 M | -10.9 M | |
| Change To Netincome | 786.4 K | 825.8 K |
Hengli Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hengli Industrial. 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 Hengli Industrial 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 Hengli Industrial's important profitability drivers and their relationship over time.
Use Hengli Industrial 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 Hengli Industrial 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 Hengli Industrial will appreciate offsetting losses from the drop in the long position's value.Hengli Industrial Pair Trading
Hengli Industrial Development Pair Trading Analysis
The ability to find closely correlated positions to Hengli Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hengli Industrial 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 Hengli Industrial - 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 Hengli Industrial Development to buy it.
The correlation of Hengli Industrial 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 Hengli Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hengli Industrial 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 Hengli Industrial 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 Hengli Industrial position
In addition to having Hengli Industrial 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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Other Information on Investing in Hengli Stock
To fully project Hengli Industrial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hengli Industrial 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 Hengli Industrial's income statement, its balance sheet, and the statement of cash flows.