Wuxi Chemical Gross Profit vs. Price To Book
| 001332 Stock | 36.41 0.70 1.89% |
Gross Profit | First Reported 2010-12-31 | Previous Quarter 289.1 M | Current Value 359.9 M | Quarterly Volatility 31.5 M |
For Wuxi Chemical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wuxi Chemical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wuxi Chemical Equipment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wuxi Chemical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wuxi Chemical Equipment over time as well as its relative position and ranking within its peers.
Wuxi |
Wuxi Chemical Equipment Price To Book vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wuxi Chemical's current stock value. Our valuation model uses many indicators to compare Wuxi Chemical value to that of its competitors to determine the firm's financial worth. Wuxi Chemical Equipment is rated below average in gross profit category among its peers. It is number one stock in price to book category among its peers . The ratio of Gross Profit to Price To Book for Wuxi Chemical Equipment is about 217,449,037 . At present, Wuxi Chemical's Gross Profit 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 Wuxi Chemical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wuxi Chemical'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.Wuxi Price To Book vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Wuxi Chemical |
| = | 372.99 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Wuxi Chemical |
| = | 1.72 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.
Wuxi Price To Book Comparison
Wuxi Chemical is currently under evaluation in price to book category among its peers.
Wuxi Chemical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wuxi Chemical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wuxi Chemical will eventually generate negative long term returns. The profitability progress is the general direction of Wuxi Chemical's change in net profit over the period of time. It can combine multiple indicators of Wuxi Chemical, 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 | ||
| Net Interest Income | 19.9 M | 20.9 M | |
| Interest Income | 20.7 M | 21.7 M | |
| Operating Income | 181.9 M | 183.3 M | |
| Net Income From Continuing Ops | 165 M | 216.7 M | |
| Income Before Tax | 188.5 M | 250 M | |
| Net Income | 165 M | 216.7 M |
Wuxi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wuxi Chemical. 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 Wuxi Chemical 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 Wuxi Chemical's important profitability drivers and their relationship over time.
Use Wuxi Chemical 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 Wuxi Chemical 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 Wuxi Chemical will appreciate offsetting losses from the drop in the long position's value.Wuxi Chemical Pair Trading
Wuxi Chemical Equipment Pair Trading Analysis
The ability to find closely correlated positions to Wuxi Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wuxi Chemical 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 Wuxi Chemical - 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 Wuxi Chemical Equipment to buy it.
The correlation of Wuxi Chemical 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 Wuxi Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wuxi Chemical Equipment 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 Wuxi Chemical 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 Wuxi Chemical position
In addition to having Wuxi Chemical 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 Wuxi Stock
To fully project Wuxi Chemical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wuxi Chemical Equipment 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 Wuxi Chemical's income statement, its balance sheet, and the statement of cash flows.