Longxing Chemical Current Valuation vs. Profit Margin
| 002442 Stock | 5.65 0.05 0.88% |
For Longxing Chemical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Longxing Chemical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Longxing Chemical Stock utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Longxing Chemical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Longxing Chemical Stock over time as well as its relative position and ranking within its peers.
Longxing |
Longxing Chemical Stock Profit Margin vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Longxing Chemical's current stock value. Our valuation model uses many indicators to compare Longxing Chemical value to that of its competitors to determine the firm's financial worth. Longxing Chemical Stock is the top company in current valuation category among its peers. It also is number one stock in profit margin category among its peers . The ratio of Current Valuation to Profit Margin for Longxing Chemical Stock is about 159,248,586,502 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Longxing Chemical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Longxing 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.Longxing Current Valuation vs. Competition
Longxing Chemical Stock 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 110.42 Billion. Longxing Chemical holds roughly 4.51 Billion in current valuation claiming about 4% of all equities under Materials industry.
Longxing Profit Margin vs. Current Valuation
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.
Longxing Chemical |
| = | 4.51 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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Longxing Chemical |
| = | 0.03 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Longxing Profit Margin Comparison
Longxing Chemical is currently under evaluation in profit margin category among its peers.
Longxing Chemical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Longxing Chemical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Longxing Chemical will eventually generate negative long term returns. The profitability progress is the general direction of Longxing Chemical's change in net profit over the period of time. It can combine multiple indicators of Longxing 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 | ||
| Operating Income | 196.8 M | 149.6 M | |
| Income Before Tax | 126.3 M | 96.5 M | |
| Net Income Applicable To Common Shares | 119.2 M | 78.7 M | |
| Net Income | 110.4 M | 82 M | |
| Income Tax Expense | 11.8 M | 16.4 M | |
| Net Interest Income | -51.6 M | -54.2 M | |
| Interest Income | 5.2 M | 3.4 M | |
| Net Income From Continuing Ops | 110.4 M | 95.6 M | |
| Change To Netincome | 100.9 M | 75.7 M |
Longxing Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Longxing 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 Longxing 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 Longxing Chemical's important profitability drivers and their relationship over time.
Use Longxing 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 Longxing 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 Longxing Chemical will appreciate offsetting losses from the drop in the long position's value.Longxing Chemical Pair Trading
Longxing Chemical Stock Pair Trading Analysis
The ability to find closely correlated positions to Longxing 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 Longxing 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 Longxing 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 Longxing Chemical Stock to buy it.
The correlation of Longxing 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 Longxing Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Longxing Chemical Stock 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 Longxing 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 Longxing Chemical position
In addition to having Longxing 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 Longxing Stock
To fully project Longxing Chemical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Longxing Chemical Stock 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 Longxing Chemical's income statement, its balance sheet, and the statement of cash flows.