Henzhen Zhaowei Total Debt vs. Return On Asset
| 003021 Stock | 74.10 6.74 10.01% |
For Henzhen Zhaowei profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Henzhen Zhaowei to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Henzhen Zhaowei Machinery utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Henzhen Zhaowei's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Henzhen Zhaowei Machinery over time as well as its relative position and ranking within its peers.
Henzhen |
Henzhen Zhaowei Machinery Return On Asset vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Henzhen Zhaowei's current stock value. Our valuation model uses many indicators to compare Henzhen Zhaowei value to that of its competitors to determine the firm's financial worth. Henzhen Zhaowei Machinery is the top company in total debt category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Total Debt to Return On Asset for Henzhen Zhaowei Machinery is about 1,774,070,260 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Henzhen Zhaowei by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Henzhen Zhaowei'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.Henzhen Total Debt vs. Competition
Henzhen Zhaowei Machinery is the top company in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 316.3 Billion. Henzhen Zhaowei adds roughly 40.98 Million in total debt claiming only tiny portion of equities under Industrials industry.
Henzhen Return On Asset 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.
Henzhen Zhaowei |
| = | 40.98 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.
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.
Henzhen Zhaowei |
| = | 0.0231 |
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.
Henzhen Return On Asset Comparison
Henzhen Zhaowei is currently under evaluation in return on asset category among its peers.
Henzhen Zhaowei Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Henzhen Zhaowei, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Henzhen Zhaowei will eventually generate negative long term returns. The profitability progress is the general direction of Henzhen Zhaowei's change in net profit over the period of time. It can combine multiple indicators of Henzhen Zhaowei, 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 | 127.1 M | 197.4 M | |
| Income Before Tax | 192.2 M | 203.6 M | |
| Total Other Income Expense Net | -92.1 K | -96.7 K | |
| Net Income | 179.9 M | 182.3 M | |
| Income Tax Expense | 7.4 M | 7.1 M | |
| Net Interest Income | 34.3 M | 23.9 M | |
| Interest Income | 38.1 M | 27.2 M | |
| Net Income From Continuing Ops | 179.9 M | 172.8 M | |
| Net Income Applicable To Common Shares | 135.4 M | 180 M | |
| Change To Netincome | -3.5 M | -3.3 M |
Henzhen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Henzhen Zhaowei. 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 Henzhen Zhaowei 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 Henzhen Zhaowei's important profitability drivers and their relationship over time.
Use Henzhen Zhaowei 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 Henzhen Zhaowei 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 Henzhen Zhaowei will appreciate offsetting losses from the drop in the long position's value.Henzhen Zhaowei Pair Trading
Henzhen Zhaowei Machinery Pair Trading Analysis
The ability to find closely correlated positions to Henzhen Zhaowei could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Henzhen Zhaowei 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 Henzhen Zhaowei - 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 Henzhen Zhaowei Machinery to buy it.
The correlation of Henzhen Zhaowei 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 Henzhen Zhaowei moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Henzhen Zhaowei Machinery 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 Henzhen Zhaowei 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 Henzhen Zhaowei position
In addition to having Henzhen Zhaowei 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 Henzhen Stock
To fully project Henzhen Zhaowei's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Henzhen Zhaowei Machinery 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 Henzhen Zhaowei's income statement, its balance sheet, and the statement of cash flows.