Zeng Hsing Gross Profit vs. Cash And Equivalents
| 1558 Stock | TWD 103.50 1.00 0.96% |
For Zeng Hsing profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zeng Hsing to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zeng Hsing Industrial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zeng Hsing's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zeng Hsing Industrial over time as well as its relative position and ranking within its peers.
Zeng |
Zeng Hsing Industrial Cash And Equivalents vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zeng Hsing's current stock value. Our valuation model uses many indicators to compare Zeng Hsing value to that of its competitors to determine the firm's financial worth. Zeng Hsing Industrial is number one stock in gross profit category among its peers. It also is number one stock in cash and equivalents category among its peers creating about 1.51 of Cash And Equivalents per Gross Profit. 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 Zeng Hsing's earnings, one of the primary drivers of an investment's value.Zeng Cash And Equivalents 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.
Zeng Hsing |
| = | 1.59 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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Zeng Hsing |
| = | 2.4 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Zeng Cash And Equivalents Comparison
Zeng Hsing is currently under evaluation in cash and equivalents category among its peers.
Zeng Hsing Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zeng Hsing, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zeng Hsing will eventually generate negative long term returns. The profitability progress is the general direction of Zeng Hsing's change in net profit over the period of time. It can combine multiple indicators of Zeng Hsing, 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.
Zeng Hsing Industrial Co., Ltd., together with its subsidiaries, manufactures and sells household sewing machines, vacuum cleaners, aluminum alloy die-castings, and vacuum cleaner related parts in Taiwan. Zeng Hsing Industrial Co., Ltd. was founded in 1968 and is headquartered in Taichung, Taiwan. ZENG HSING operates under Consumer Electronics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 4070 people.
Zeng Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zeng Hsing. 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 Zeng Hsing 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 Zeng Hsing's important profitability drivers and their relationship over time.
Use Zeng Hsing 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 Zeng Hsing 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 Zeng Hsing will appreciate offsetting losses from the drop in the long position's value.Zeng Hsing Pair Trading
Zeng Hsing Industrial Pair Trading Analysis
The ability to find closely correlated positions to Zeng Hsing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zeng Hsing 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 Zeng Hsing - 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 Zeng Hsing Industrial to buy it.
The correlation of Zeng Hsing 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 Zeng Hsing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zeng Hsing Industrial 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 Zeng Hsing 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 Zeng Hsing position
In addition to having Zeng Hsing 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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Additional Tools for Zeng Stock Analysis
When running Zeng Hsing's price analysis, check to measure Zeng Hsing'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 Zeng Hsing is operating at the current time. Most of Zeng Hsing's value examination focuses on studying past and present price action to predict the probability of Zeng Hsing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zeng Hsing's price. Additionally, you may evaluate how the addition of Zeng Hsing to your portfolios can decrease your overall portfolio volatility.