Kwang Jin EBITDA vs. Gross Profit
| 026910 Stock | KRW 2,040 5.00 0.24% |
For Kwang Jin profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kwang Jin to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kwang Jin Ind utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kwang Jin's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kwang Jin Ind over time as well as its relative position and ranking within its peers.
Kwang |
Kwang Jin Ind Gross Profit vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kwang Jin's current stock value. Our valuation model uses many indicators to compare Kwang Jin value to that of its competitors to determine the firm's financial worth. Kwang Jin Ind is number one stock in ebitda category among its peers. It also is number one stock in gross profit category among its peers fabricating about 1.42 of Gross Profit per EBITDA. Comparative valuation analysis is a catch-all model that can be used if you cannot value Kwang Jin by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kwang Jin'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.Kwang Gross Profit vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Kwang Jin |
| = | 2.05 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Kwang Jin |
| = | 2.92 B |
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.
Kwang Gross Profit Comparison
Kwang Jin is currently under evaluation in gross profit category among its peers.
Kwang Jin Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kwang Jin, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kwang Jin will eventually generate negative long term returns. The profitability progress is the general direction of Kwang Jin's change in net profit over the period of time. It can combine multiple indicators of Kwang Jin, 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.
Co., Ltd. manufactures and sells hot rolled, cold drawn, and peeled steel bars in South Korea. Co., Ltd. was founded in 1976 and is based in Busan, South Korea. KwangjinInd is traded on Korean Securities Dealers Automated Quotations in South Korea.
Kwang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kwang Jin. 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 Kwang Jin 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 Kwang Jin's important profitability drivers and their relationship over time.
Use Kwang Jin 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 Kwang Jin 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 Kwang Jin will appreciate offsetting losses from the drop in the long position's value.Kwang Jin Pair Trading
Kwang Jin Ind Pair Trading Analysis
The ability to find closely correlated positions to Kwang Jin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kwang Jin 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 Kwang Jin - 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 Kwang Jin Ind to buy it.
The correlation of Kwang Jin 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 Kwang Jin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kwang Jin Ind 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 Kwang Jin 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 Kwang Jin position
In addition to having Kwang Jin 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 Automobiles and Trucks Thematic Idea Now
Automobiles and Trucks
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Automobiles and Trucks theme has 61 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 Automobiles and Trucks Theme or any other thematic opportunities.
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Other Information on Investing in Kwang Stock
To fully project Kwang Jin's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kwang Jin Ind 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 Kwang Jin's income statement, its balance sheet, and the statement of cash flows.