Xiamen Hexing Net Income vs. Market Capitalization
| 002228 Stock | 3.39 0.07 2.11% |
Net Income | First Reported 2018-06-30 | Previous Quarter 54.5 M | Current Value 56.4 M | Quarterly Volatility 90.4 M |
For Xiamen Hexing profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Xiamen Hexing to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Xiamen Hexing Packaging utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Xiamen Hexing's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Xiamen Hexing Packaging over time as well as its relative position and ranking within its peers.
Xiamen |
Xiamen Hexing Packaging Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Xiamen Hexing's current stock value. Our valuation model uses many indicators to compare Xiamen Hexing value to that of its competitors to determine the firm's financial worth. Xiamen Hexing Packaging is number one stock in net income category among its peers. It also is number one stock in market capitalization category among its peers creating about 39.84 of Market Capitalization per Net Income. At present, Xiamen Hexing's Net Income 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 Xiamen Hexing by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Xiamen Hexing'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.Xiamen Market Capitalization vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Xiamen Hexing |
| = | 103.14 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Xiamen Hexing |
| = | 4.11 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Xiamen Market Capitalization vs Competition
Xiamen Hexing Packaging is number one stock in market capitalization category among its peers. Market capitalization of Materials industry is presently estimated at about 24.99 Billion. Xiamen Hexing retains roughly 4.11 Billion in market capitalization claiming about 16% of all equities under Materials industry.
Xiamen Hexing Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Xiamen Hexing, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Xiamen Hexing will eventually generate negative long term returns. The profitability progress is the general direction of Xiamen Hexing's change in net profit over the period of time. It can combine multiple indicators of Xiamen Hexing, 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 | 243.4 M | 227.2 M | |
| Income Before Tax | 96.2 M | 165.2 M | |
| Net Income Applicable To Common Shares | 152 M | 148.2 M | |
| Net Income | 103.1 M | 146.4 M | |
| Income Tax Expense | -56.2 M | -53.4 M | |
| Net Income From Continuing Ops | 86.2 M | 158.2 M | |
| Total Other Income Expense Net | -4.7 M | -4.9 M | |
| Net Interest Income | -71.9 M | -75.5 M | |
| Interest Income | 5.8 M | 7.9 M | |
| Change To Netincome | 98.1 M | 100.3 M |
Xiamen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Xiamen Hexing. 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 Xiamen Hexing 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 Xiamen Hexing's important profitability drivers and their relationship over time.
Use Xiamen Hexing 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 Xiamen Hexing 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 Xiamen Hexing will appreciate offsetting losses from the drop in the long position's value.Xiamen Hexing Pair Trading
Xiamen Hexing Packaging Pair Trading Analysis
The ability to find closely correlated positions to Xiamen Hexing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xiamen Hexing 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 Xiamen Hexing - 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 Xiamen Hexing Packaging to buy it.
The correlation of Xiamen Hexing 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 Xiamen Hexing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xiamen Hexing Packaging 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 Xiamen Hexing 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 Xiamen Hexing position
In addition to having Xiamen Hexing 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 Xiamen Stock
To fully project Xiamen Hexing's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Xiamen Hexing Packaging 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 Xiamen Hexing's income statement, its balance sheet, and the statement of cash flows.