Zhejiang Transfar Revenue vs. EBITDA
| 002010 Stock | 5.24 0.04 0.77% |
Total Revenue | First Reported 2003-12-31 | Previous Quarter 6.4 B | Current Value 6.5 B | Quarterly Volatility 3.2 B |
For Zhejiang Transfar profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zhejiang Transfar to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zhejiang Transfar Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zhejiang Transfar's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zhejiang Transfar Co over time as well as its relative position and ranking within its peers.
Zhejiang |
Zhejiang Transfar EBITDA vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zhejiang Transfar's current stock value. Our valuation model uses many indicators to compare Zhejiang Transfar value to that of its competitors to determine the firm's financial worth. Zhejiang Transfar Co is the top company in revenue category among its peers. It also is number one stock in ebitda category among its peers totaling about 0.04 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Zhejiang Transfar Co is roughly 24.98 . At present, Zhejiang Transfar's Total Revenue 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 Zhejiang Transfar by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zhejiang Transfar'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.Zhejiang Revenue vs. Competition
Zhejiang Transfar Co is the top company in revenue category among its peers. Market size based on revenue of Materials industry is presently estimated at about 694.47 Billion. Zhejiang Transfar holds roughly 33.64 Billion in revenue claiming about 5% of all equities under Materials industry.
Zhejiang EBITDA vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Zhejiang Transfar |
| = | 33.64 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Zhejiang Transfar |
| = | 1.35 B |
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.
Zhejiang EBITDA Comparison
Zhejiang Transfar is currently under evaluation in ebitda category among its peers.
Zhejiang Transfar Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zhejiang Transfar, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zhejiang Transfar will eventually generate negative long term returns. The profitability progress is the general direction of Zhejiang Transfar's change in net profit over the period of time. It can combine multiple indicators of Zhejiang Transfar, 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 Income Applicable To Common Shares | 856.6 M | 503.5 M | |
| Net Income | 590.9 M | 505.1 M | |
| Operating Income | 1.4 B | 723.8 M | |
| Income Before Tax | 946 M | 772.3 M | |
| Income Tax Expense | 383.1 M | 402.2 M | |
| Net Income From Continuing Ops | 696.5 M | 1.2 B | |
| Total Other Income Expense Net | 173.7 M | 332.6 M | |
| Net Interest Income | -492.6 M | -517.2 M | |
| Interest Income | 111.5 M | 75.6 M | |
| Change To Netincome | 421.7 M | 442.8 M |
Zhejiang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zhejiang Transfar. 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 Zhejiang Transfar 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 Zhejiang Transfar's important profitability drivers and their relationship over time.
Use Zhejiang Transfar 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 Zhejiang Transfar 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 Zhejiang Transfar will appreciate offsetting losses from the drop in the long position's value.Zhejiang Transfar Pair Trading
Zhejiang Transfar Co Pair Trading Analysis
The ability to find closely correlated positions to Zhejiang Transfar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zhejiang Transfar 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 Zhejiang Transfar - 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 Zhejiang Transfar Co to buy it.
The correlation of Zhejiang Transfar 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 Zhejiang Transfar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zhejiang Transfar 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 Zhejiang Transfar 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 Zhejiang Transfar position
In addition to having Zhejiang Transfar 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 Zhejiang Stock
To fully project Zhejiang Transfar's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zhejiang Transfar 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 Zhejiang Transfar's income statement, its balance sheet, and the statement of cash flows.