Ningbo GQY Revenue vs. Book Value Per Share

300076 Stock   8.05  0.03  0.37%   
Based on the key profitability measurements obtained from Ningbo GQY's financial statements, Ningbo GQY Video may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Ningbo GQY's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
2009-03-31
Previous Quarter
38.7 M
Current Value
6.9 M
Quarterly Volatility
26.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
For Ningbo GQY profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ningbo GQY to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ningbo GQY Video utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ningbo GQY's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ningbo GQY Video over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Ningbo GQY's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ningbo GQY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ningbo GQY's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ningbo GQY Video Book Value Per Share vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ningbo GQY's current stock value. Our valuation model uses many indicators to compare Ningbo GQY value to that of its competitors to determine the firm's financial worth.
Ningbo GQY Video is rated fifth in revenue category among its peers. It also is rated fifth in book value per share category among its peers . The ratio of Revenue to Book Value Per Share for Ningbo GQY Video is about  59,455,980 . At present, Ningbo GQY's Total Revenue is projected to decrease significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ningbo GQY by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ningbo GQY'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.

Ningbo Revenue vs. Competition

Ningbo GQY Video is rated fifth in revenue category among its peers. Market size based on revenue of Information Technology industry is presently estimated at about 126.12 Billion. Ningbo GQY adds roughly 135.02 Million in revenue claiming only tiny portion of equities under Information Technology industry.

Ningbo Book Value Per Share vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Ningbo GQY

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
135.02 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Ningbo GQY

Book Value per Share

 = 

Common Equity

Average Shares

 = 
2.27 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Ningbo Book Value Per Share Comparison

Ningbo GQY is rated fourth in book value per share category among its peers.

Ningbo GQY Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ningbo GQY, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ningbo GQY will eventually generate negative long term returns. The profitability progress is the general direction of Ningbo GQY's change in net profit over the period of time. It can combine multiple indicators of Ningbo GQY, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income37.4 M35.3 M
Operating Income-27.4 M-26.1 M
Income Before Tax-22.9 M-21.8 M
Net Loss-14.4 M-13.7 M
Net Loss-20.2 M-19.2 M
Income Tax Expense-166.2 K-157.9 K
Net Loss-20.3 M-21.3 M
Total Other Income Expense Net-191.9 K-182.3 K
Net Interest Income2.7 M2.5 M
Interest Income2.9 M2.7 M
Change To Netincome-8.5 M-8.1 M

Ningbo Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Ningbo GQY. 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 Ningbo GQY 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 Ningbo GQY's important profitability drivers and their relationship over time.

Use Ningbo GQY 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 Ningbo GQY 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 Ningbo GQY will appreciate offsetting losses from the drop in the long position's value.

Ningbo GQY Pair Trading

Ningbo GQY Video Pair Trading Analysis

The ability to find closely correlated positions to Ningbo GQY could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ningbo GQY 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 Ningbo GQY - 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 Ningbo GQY Video to buy it.
The correlation of Ningbo GQY 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 Ningbo GQY moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ningbo GQY Video 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 Ningbo GQY 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Ningbo GQY position

In addition to having Ningbo GQY 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.

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Money Market Funds
Money Market Funds Theme
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 38 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 Money Market Funds Theme or any other thematic opportunities.
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Other Information on Investing in Ningbo Stock

To fully project Ningbo GQY's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ningbo GQY Video 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 Ningbo GQY's income statement, its balance sheet, and the statement of cash flows.
Potential Ningbo GQY investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Ningbo GQY investors may work on each financial statement separately, they are all related. The changes in Ningbo GQY's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ningbo GQY's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.