Dongguan Chitwing Total Debt vs. Cash Flow From Operations
| 002855 Stock | 23.06 0.81 3.39% |
For Dongguan Chitwing profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dongguan Chitwing to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dongguan Chitwing Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dongguan Chitwing's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dongguan Chitwing Technology over time as well as its relative position and ranking within its peers.
Dongguan |
Dongguan Chitwing Cash Flow From Operations vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Dongguan Chitwing's current stock value. Our valuation model uses many indicators to compare Dongguan Chitwing value to that of its competitors to determine the firm's financial worth. Dongguan Chitwing Technology is the top company in total debt category among its peers. It also is number one stock in cash flow from operations category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Dongguan Chitwing by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dongguan Chitwing'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.Dongguan Total Debt vs. Competition
Dongguan Chitwing Technology is the top company in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 14.82 Billion. Dongguan Chitwing claims roughly 252.98 Million in total debt contributing just under 2% to equities under Industrials industry.
Dongguan Cash Flow From Operations 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.
Dongguan Chitwing |
| = | 252.98 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.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Dongguan Chitwing |
| = | (17.78 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Dongguan Cash Flow From Operations Comparison
Dongguan Chitwing is currently under evaluation in cash flow from operations category among its peers.
Dongguan Chitwing Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Dongguan Chitwing, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dongguan Chitwing will eventually generate negative long term returns. The profitability progress is the general direction of Dongguan Chitwing's change in net profit over the period of time. It can combine multiple indicators of Dongguan Chitwing, 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 | ||
| Net Loss | -113 M | -107.4 M | |
| Income Tax Expense | 10.2 M | 5.4 M | |
| Net Interest Income | -20.3 M | -19.3 M | |
| Interest Income | 875.1 K | 831.3 K | |
| Operating Income | -37.9 M | -36 M | |
| Net Loss | -125.6 M | -119.4 M | |
| Income Before Tax | -119 M | -113.1 M | |
| Net Loss | -119.2 M | -113.3 M | |
| Change To Netincome | 109.6 M | 61.2 M |
Dongguan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Dongguan Chitwing. 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 Dongguan Chitwing 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 Dongguan Chitwing's important profitability drivers and their relationship over time.
Use Dongguan Chitwing 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 Dongguan Chitwing 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 Dongguan Chitwing will appreciate offsetting losses from the drop in the long position's value.Dongguan Chitwing Pair Trading
Dongguan Chitwing Technology Pair Trading Analysis
The ability to find closely correlated positions to Dongguan Chitwing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dongguan Chitwing 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 Dongguan Chitwing - 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 Dongguan Chitwing Technology to buy it.
The correlation of Dongguan Chitwing 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 Dongguan Chitwing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dongguan Chitwing 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 Dongguan Chitwing 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 Dongguan Chitwing position
In addition to having Dongguan Chitwing 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 Dongguan Stock
To fully project Dongguan Chitwing's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dongguan Chitwing 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 Dongguan Chitwing's income statement, its balance sheet, and the statement of cash flows.