Chyang Sheng Price To Sales vs. EBITDA
| 1463 Stock | 24.85 0.05 0.20% |
For Chyang Sheng profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chyang Sheng to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chyang Sheng Dyeing utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chyang Sheng's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chyang Sheng Dyeing over time as well as its relative position and ranking within its peers.
Chyang |
Chyang Sheng Dyeing EBITDA vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chyang Sheng's current stock value. Our valuation model uses many indicators to compare Chyang Sheng value to that of its competitors to determine the firm's financial worth. Chyang Sheng Dyeing is number one stock in price to sales category among its peers. It also is number one stock in ebitda category among its peers totaling about 30,116,149 of EBITDA per Price To Sales. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Chyang Sheng's earnings, one of the primary drivers of an investment's value.Chyang EBITDA vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Chyang Sheng |
| = | 4.63 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Chyang Sheng |
| = | 139.5 M |
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.
Chyang EBITDA Comparison
Chyang Sheng is currently under evaluation in ebitda category among its peers.
Chyang Sheng Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chyang Sheng, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chyang Sheng will eventually generate negative long term returns. The profitability progress is the general direction of Chyang Sheng's change in net profit over the period of time. It can combine multiple indicators of Chyang Sheng, 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.
Chyang Sheng Dyeing Finishing Co. Ltd. offer dyeing and finishing services for various natural and manmade fibers in Hong Kong, Europe, the United States, and Japan.
Chyang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chyang Sheng. 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 Chyang Sheng 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 Chyang Sheng's important profitability drivers and their relationship over time.
Use Chyang Sheng 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 Chyang Sheng 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 Chyang Sheng will appreciate offsetting losses from the drop in the long position's value.Chyang Sheng Pair Trading
Chyang Sheng Dyeing Pair Trading Analysis
The ability to find closely correlated positions to Chyang Sheng could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chyang Sheng 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 Chyang Sheng - 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 Chyang Sheng Dyeing to buy it.
The correlation of Chyang Sheng 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 Chyang Sheng moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chyang Sheng Dyeing 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 Chyang Sheng 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 Chyang Sheng position
In addition to having Chyang Sheng 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 Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking 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 Banking Theme or any other thematic opportunities.
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Additional Tools for Chyang Stock Analysis
When running Chyang Sheng's price analysis, check to measure Chyang Sheng's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chyang Sheng is operating at the current time. Most of Chyang Sheng's value examination focuses on studying past and present price action to predict the probability of Chyang Sheng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chyang Sheng's price. Additionally, you may evaluate how the addition of Chyang Sheng to your portfolios can decrease your overall portfolio volatility.