ChengDu Hi Book Value Per Share vs. Operating Margin
| 000628 Stock | 57.79 1.15 2.03% |
For ChengDu Hi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ChengDu Hi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ChengDu Hi Tech Development utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ChengDu Hi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ChengDu Hi Tech Development over time as well as its relative position and ranking within its peers.
ChengDu |
ChengDu Hi Tech Operating Margin vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ChengDu Hi's current stock value. Our valuation model uses many indicators to compare ChengDu Hi value to that of its competitors to determine the firm's financial worth. ChengDu Hi Tech Development is number one stock in book value per share category among its peers. It also is number one stock in operating margin category among its peers reporting about 0.01 of Operating Margin per Book Value Per Share. The ratio of Book Value Per Share to Operating Margin for ChengDu Hi Tech Development is roughly 95.39 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ChengDu Hi by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ChengDu Hi'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.ChengDu Operating Margin 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.
ChengDu Hi |
| = | 6.16 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.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
ChengDu Hi |
| = | 0.06 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
ChengDu Operating Margin Comparison
ChengDu Hi is currently under evaluation in operating margin category among its peers.
ChengDu Hi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ChengDu Hi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ChengDu Hi will eventually generate negative long term returns. The profitability progress is the general direction of ChengDu Hi's change in net profit over the period of time. It can combine multiple indicators of ChengDu Hi, 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 | 328.3 M | 344.8 M | |
| Income Before Tax | 555.1 M | 582.8 M | |
| Net Income Applicable To Common Shares | 228.9 M | 240.4 M | |
| Net Income | 365.9 M | 384.2 M | |
| Income Tax Expense | 71.8 M | 75.4 M | |
| Net Income From Continuing Ops | 331.4 M | 347.9 M | |
| Total Other Income Expense Net | 17.4 M | 16.5 M | |
| Net Interest Income | -74.1 M | -70.4 M | |
| Interest Income | 15.8 M | 29.9 M | |
| Change To Netincome | 77 M | 80.9 M |
ChengDu Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ChengDu Hi. 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 ChengDu Hi 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 ChengDu Hi's important profitability drivers and their relationship over time.
Use ChengDu Hi 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 ChengDu Hi 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 ChengDu Hi will appreciate offsetting losses from the drop in the long position's value.ChengDu Hi Pair Trading
ChengDu Hi Tech Development Pair Trading Analysis
The ability to find closely correlated positions to ChengDu Hi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ChengDu Hi 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 ChengDu Hi - 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 ChengDu Hi Tech Development to buy it.
The correlation of ChengDu Hi 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 ChengDu Hi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ChengDu Hi Tech 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 ChengDu Hi 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 ChengDu Hi position
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Other Information on Investing in ChengDu Stock
To fully project ChengDu Hi's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ChengDu Hi Tech 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 ChengDu Hi's income statement, its balance sheet, and the statement of cash flows.