Newtree CoLtd Return On Asset vs. Gross Profit
| 270870 Stock | KRW 5,810 60.00 1.02% |
For Newtree CoLtd profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Newtree CoLtd to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Newtree CoLtd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Newtree CoLtd's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Newtree CoLtd over time as well as its relative position and ranking within its peers.
Newtree |
Newtree CoLtd Gross Profit vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Newtree CoLtd's current stock value. Our valuation model uses many indicators to compare Newtree CoLtd value to that of its competitors to determine the firm's financial worth. Newtree CoLtd is rated second in return on asset category among its peers. It also is rated second in gross profit category among its peers fabricating about 876,040,510,489 of Gross Profit per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Newtree CoLtd by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Newtree CoLtd'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.Newtree Gross Profit vs. Return On Asset
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.
Newtree CoLtd |
| = | 0.17 |
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.
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.
Newtree CoLtd |
| = | 148.66 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.
Newtree Gross Profit Comparison
Newtree CoLtd is number one stock in gross profit category among its peers.
Newtree CoLtd Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Newtree CoLtd, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Newtree CoLtd will eventually generate negative long term returns. The profitability progress is the general direction of Newtree CoLtd's change in net profit over the period of time. It can combine multiple indicators of Newtree CoLtd, 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.
It offers skincare, weight management, and health functional food products, as well as health supplements. The company was founded in 2001 and is headquartered in Seongnam, South Korea. Newtree is traded on Korean Securities Dealers Automated Quotations in South Korea.
Newtree Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Newtree CoLtd. 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 Newtree CoLtd 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 Newtree CoLtd's important profitability drivers and their relationship over time.
Use Newtree CoLtd 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 Newtree CoLtd 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 Newtree CoLtd will appreciate offsetting losses from the drop in the long position's value.Newtree CoLtd Pair Trading
Newtree CoLtd Pair Trading Analysis
The ability to find closely correlated positions to Newtree CoLtd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newtree CoLtd 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 Newtree CoLtd - 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 Newtree CoLtd to buy it.
The correlation of Newtree CoLtd 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 Newtree CoLtd moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newtree CoLtd 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 Newtree CoLtd 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 Newtree CoLtd position
In addition to having Newtree CoLtd 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 Newtree Stock
To fully project Newtree CoLtd's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Newtree CoLtd 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 Newtree CoLtd's income statement, its balance sheet, and the statement of cash flows.