Zhejiang Transfar Total Debt vs. Current Valuation
| 002010 Stock | 5.31 0.07 1.34% |
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 Current Valuation vs. Total Debt 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 total debt category among its peers. It also is the top company in current valuation category among its peers reporting about 5.11 of Current Valuation per Total Debt. 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 Total Debt vs. Competition
Zhejiang Transfar Co is the top company in total debt category among its peers. Total debt of Materials industry is presently estimated at about 37.02 Trillion. Zhejiang Transfar adds roughly 5.09 Billion in total debt claiming only tiny portion of all equities under Materials industry.
Zhejiang Current Valuation vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Zhejiang Transfar |
| = | 5.09 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Zhejiang Transfar |
| = | 26 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Zhejiang Current Valuation vs Competition
Zhejiang Transfar Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 600.72 Billion. Zhejiang Transfar holds roughly 26 Billion in current valuation claiming about 4% of all equities under Materials industry.
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.