Shenzhen Glory Gross Profit vs. Return On Asset
| 002551 Stock | 3.23 0.16 4.72% |
Gross Profit | First Reported 2011-03-31 | Previous Quarter 47.3 M | Current Value 62.3 M | Quarterly Volatility 50 M |
For Shenzhen Glory profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shenzhen Glory to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shenzhen Glory Medical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shenzhen Glory's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shenzhen Glory Medical over time as well as its relative position and ranking within its peers.
Shenzhen |
Shenzhen Glory Medical Return On Asset vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shenzhen Glory's current stock value. Our valuation model uses many indicators to compare Shenzhen Glory value to that of its competitors to determine the firm's financial worth. Shenzhen Glory Medical is rated second in gross profit category among its peers. It also is rated second in return on asset category among its peers . At present, Shenzhen Glory's Gross Profit is projected to decrease 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 Shenzhen Glory by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shenzhen Glory'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 Return On Asset vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Shenzhen Glory |
| = | 221.88 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Shenzhen Glory |
| = | -0.023 |
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.
Shenzhen Return On Asset Comparison
Shenzhen Glory is currently under evaluation in return on asset category among its peers.
Shenzhen Glory Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shenzhen Glory, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shenzhen Glory will eventually generate negative long term returns. The profitability progress is the general direction of Shenzhen Glory's change in net profit over the period of time. It can combine multiple indicators of Shenzhen Glory, 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 | ||
| Accumulated Other Comprehensive Income | -59.5 M | -56.6 M | |
| Operating Income | -19.9 M | -18.9 M | |
| Income Before Tax | -127.6 M | -121.3 M | |
| Net Loss | -277.3 M | -263.4 M | |
| Net Loss | -148.9 M | -141.4 M | |
| Income Tax Expense | -50.8 M | -48.3 M | |
| Net Loss | -160.8 M | -152.8 M | |
| Total Other Income Expense Net | 838.6 K | 796.7 K | |
| Net Interest Income | 5.1 M | 5.4 M | |
| Interest Income | 8.7 M | 7.8 M | |
| Change To Netincome | 444.4 M | 466.7 M |
Shenzhen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shenzhen Glory. 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 Glory 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 Glory's important profitability drivers and their relationship over time.
Use Shenzhen Glory 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 Glory 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 Glory will appreciate offsetting losses from the drop in the long position's value.Shenzhen Glory Pair Trading
Shenzhen Glory Medical Pair Trading Analysis
The ability to find closely correlated positions to Shenzhen Glory 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 Glory 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 Glory - 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 Glory Medical to buy it.
The correlation of Shenzhen Glory 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 Glory moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shenzhen Glory Medical 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 Glory 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 Shenzhen Glory position
In addition to having Shenzhen Glory 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 Shenzhen Stock
To fully project Shenzhen Glory's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shenzhen Glory Medical 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 Glory's income statement, its balance sheet, and the statement of cash flows.