Shenzhen New Total Debt vs. Book Value Per Share

002314 Stock   3.01  0.06  1.95%   
Based on the key profitability measurements obtained from Shenzhen New's financial statements, Shenzhen New Nanshan may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Shenzhen New's ability to earn profits and add value for shareholders.
For Shenzhen New profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shenzhen New to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shenzhen New Nanshan utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shenzhen New's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shenzhen New Nanshan over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Shenzhen New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shenzhen New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shenzhen New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Shenzhen New Nanshan Book Value Per Share vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Shenzhen New's current stock value. Our valuation model uses many indicators to compare Shenzhen New value to that of its competitors to determine the firm's financial worth.
Shenzhen New Nanshan is the top company in total debt category among its peers. It also is number one stock in book value per share category among its peers . The ratio of Total Debt to Book Value Per Share for Shenzhen New Nanshan is about  90,265,012 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shenzhen New by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shenzhen New'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.

Shenzhen Total Debt vs. Competition

Shenzhen New Nanshan is the top company in total debt category among its peers. Total debt of Consumer Discretionary industry is presently estimated at about 4.39 Billion. Shenzhen New holds roughly 330.28 Million in total debt claiming about 8% of stocks in Consumer Discretionary industry.
Total debt  Workforce  Revenue  Valuation  Capitalization

Shenzhen Book Value Per Share 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.

Shenzhen New

Total Debt

 = 

Bonds

+

Notes

 = 
330.28 M
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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Shenzhen New

Book Value per Share

 = 

Common Equity

Average Shares

 = 
3.66 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Shenzhen Book Value Per Share Comparison

Shenzhen New is currently under evaluation in book value per share category among its peers.

Shenzhen New Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Shenzhen New, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shenzhen New will eventually generate negative long term returns. The profitability progress is the general direction of Shenzhen New's change in net profit over the period of time. It can combine multiple indicators of Shenzhen New, 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 ReportedProjected for Next Year
Operating Income1.1 B943.8 M
Income Before Tax689.5 M898.2 M
Net Income Applicable To Common Shares782.5 M513.6 M
Net Income147 M139.7 M
Income Tax Expense431.6 M244.3 M
Net Income From Continuing Ops589.6 M854.5 M
Total Other Income Expense Net31.8 M33.4 M
Net Interest Income-555.3 M-583 M
Interest Income94.8 M85.8 M
Change To Netincome11.5 M10.9 M

Shenzhen Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Shenzhen New. 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 Shenzhen New 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 Shenzhen New's important profitability drivers and their relationship over time.

Use Shenzhen New 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 Shenzhen New 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 Shenzhen New will appreciate offsetting losses from the drop in the long position's value.

Shenzhen New Pair Trading

Shenzhen New Nanshan Pair Trading Analysis

The ability to find closely correlated positions to Shenzhen New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shenzhen New 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 Shenzhen New - 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 Shenzhen New Nanshan to buy it.
The correlation of Shenzhen New 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 Shenzhen New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shenzhen New Nanshan 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 Shenzhen New 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Shenzhen New position

In addition to having Shenzhen New 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?

Run Plastics Thematic Idea Now

Plastics
Plastics Theme
Companies manufacturing rubber and plastics accessories. The Plastics theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Plastics Theme or any other thematic opportunities.
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Other Information on Investing in Shenzhen Stock

To fully project Shenzhen New's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shenzhen New Nanshan 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 Shenzhen New's income statement, its balance sheet, and the statement of cash flows.
Potential Shenzhen New investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Shenzhen New investors may work on each financial statement separately, they are all related. The changes in Shenzhen New's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shenzhen New's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.