Shantui Construction Return On Equity vs. Return On Asset
| 000680 Stock | 10.14 0.41 3.89% |
For Shantui Construction profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shantui Construction to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shantui Construction Machinery utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shantui Construction's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shantui Construction Machinery over time as well as its relative position and ranking within its peers.
Shantui |
Shantui Construction Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shantui Construction's current stock value. Our valuation model uses many indicators to compare Shantui Construction value to that of its competitors to determine the firm's financial worth. Shantui Construction Machinery is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.28 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shantui Construction Machinery is roughly 3.61 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shantui Construction by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shantui Construction'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.Shantui Return On Asset vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Shantui Construction |
| = | 0.16 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Shantui Construction |
| = | 0.0437 |
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.
Shantui Return On Asset Comparison
Shantui Construction is currently under evaluation in return on asset category among its peers.
Shantui Construction Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shantui Construction, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shantui Construction will eventually generate negative long term returns. The profitability progress is the general direction of Shantui Construction's change in net profit over the period of time. It can combine multiple indicators of Shantui Construction, 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 | 385.8 M | 306.8 M | |
| Operating Income | 834.5 M | 876.2 M | |
| Income Before Tax | 807.8 M | 848.2 M | |
| Net Income Applicable To Common Shares | 188.5 M | 123.7 M | |
| Net Income | 765.4 M | 803.7 M | |
| Income Tax Expense | -2.8 M | -2.7 M | |
| Net Income From Continuing Ops | 768.5 M | 806.9 M | |
| Total Other Income Expense Net | -14.7 M | -14 M | |
| Net Interest Income | 4 M | 4.2 M | |
| Interest Income | 50.4 M | 26 M | |
| Change To Netincome | -226 M | -214.7 M |
Shantui Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shantui Construction. 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 Shantui Construction 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 Shantui Construction's important profitability drivers and their relationship over time.
Use Shantui Construction 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 Shantui Construction 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 Shantui Construction will appreciate offsetting losses from the drop in the long position's value.Shantui Construction Pair Trading
Shantui Construction Machinery Pair Trading Analysis
The ability to find closely correlated positions to Shantui Construction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shantui Construction 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 Shantui Construction - 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 Shantui Construction Machinery to buy it.
The correlation of Shantui Construction 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 Shantui Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shantui Construction 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 Shantui Construction 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 Shantui Construction position
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Other Information on Investing in Shantui Stock
To fully project Shantui Construction's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shantui Construction 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 Shantui Construction's income statement, its balance sheet, and the statement of cash flows.