Fujian Rongji Return On Asset vs. Revenue
| 002474 Stock | 6.24 0.30 4.59% |
For Fujian Rongji profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fujian Rongji to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fujian Rongji Software utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fujian Rongji's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fujian Rongji Software over time as well as its relative position and ranking within its peers.
Fujian |
Fujian Rongji Software Revenue vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fujian Rongji's current stock value. Our valuation model uses many indicators to compare Fujian Rongji value to that of its competitors to determine the firm's financial worth. Fujian Rongji Software is number one stock in return on asset category among its peers. It also is the top company in revenue category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fujian Rongji by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fujian Rongji'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.Fujian Revenue vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Fujian Rongji |
| = | -0.0224 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Fujian Rongji |
| = | 375.01 M |
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.
Fujian Revenue vs Competition
Fujian Rongji Software is the top company in revenue category among its peers. Market size based on revenue of Information Technology industry is presently estimated at about 52.84 Billion. Fujian Rongji maintains roughly 375.01 Million in revenue contributing less than 1% to equities under Information Technology industry.
Fujian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fujian Rongji. 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 Fujian Rongji 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 Fujian Rongji's important profitability drivers and their relationship over time.
Use Fujian Rongji 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 Fujian Rongji 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 Fujian Rongji will appreciate offsetting losses from the drop in the long position's value.Fujian Rongji Pair Trading
Fujian Rongji Software Pair Trading Analysis
The ability to find closely correlated positions to Fujian Rongji could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fujian Rongji 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 Fujian Rongji - 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 Fujian Rongji Software to buy it.
The correlation of Fujian Rongji 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 Fujian Rongji moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fujian Rongji Software 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 Fujian Rongji 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 Fujian Rongji position
In addition to having Fujian Rongji 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 Macroaxis Index Thematic Idea Now
Macroaxis Index
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 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 Macroaxis Index Theme or any other thematic opportunities.
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Other Information on Investing in Fujian Stock
To fully project Fujian Rongji's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fujian Rongji Software 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 Fujian Rongji's income statement, its balance sheet, and the statement of cash flows.