Ningbo GQY Revenue vs. Current Valuation
| 300076 Stock | 7.03 0.18 2.50% |
Total Revenue | First Reported 2009-03-31 | Previous Quarter 38.7 M | Current Value 6.9 M | Quarterly Volatility 26.5 M |
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.
Ningbo |
Ningbo GQY Video Current Valuation 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 the top company in revenue category among its peers. It also is the top company in current valuation category among its peers reporting about 18.29 of Current Valuation per Revenue. 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 the top company in revenue category among its peers. Market size based on revenue of Information Technology industry is presently estimated at about 584 Billion. Ningbo GQY adds roughly 135.02 Million in revenue claiming only tiny portion of equities under Information Technology industry.
Ningbo Current Valuation 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 |
| = | 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Ningbo GQY |
| = | 2.47 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Ningbo Current Valuation vs Competition
Ningbo GQY Video is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is presently estimated at about 3.09 Trillion. Ningbo GQY adds roughly 2.47 Billion in current valuation claiming only tiny portion of equities under Information Technology industry.
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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 37.4 M | 35.3 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 Income | 2.7 M | 2.5 M | |
| Interest Income | 2.9 M | 2.7 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.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.Did You Try This Idea?
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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.