Wenzhou Hongfeng Return On Equity vs. EBITDA
| 300283 Stock | 6.76 0.02 0.30% |
For Wenzhou Hongfeng profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wenzhou Hongfeng to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wenzhou Hongfeng Electrical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wenzhou Hongfeng's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wenzhou Hongfeng Electrical over time as well as its relative position and ranking within its peers.
Wenzhou |
Wenzhou Hongfeng Ele EBITDA vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wenzhou Hongfeng's current stock value. Our valuation model uses many indicators to compare Wenzhou Hongfeng value to that of its competitors to determine the firm's financial worth. Wenzhou Hongfeng Electrical is number one stock in return on equity category among its peers. It also is number one stock in ebitda category among its peers . At present, Wenzhou Hongfeng's EBITDA is projected to increase 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 Wenzhou Hongfeng by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wenzhou Hongfeng'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.Wenzhou EBITDA vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Wenzhou Hongfeng |
| = | -0.0619 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Wenzhou Hongfeng |
| = | 75.74 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.
Wenzhou Hongfeng Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wenzhou Hongfeng, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wenzhou Hongfeng will eventually generate negative long term returns. The profitability progress is the general direction of Wenzhou Hongfeng's change in net profit over the period of time. It can combine multiple indicators of Wenzhou Hongfeng, 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 | 152.9 M | 89.4 M | |
| Operating Income | -19.4 M | -18.4 M | |
| Income Before Tax | 17.9 M | 24.2 M | |
| Total Other Income Expense Net | 37.2 M | 39.1 M | |
| Net Income Applicable To Common Shares | 69.4 M | 72.9 M | |
| Net Income | 21.1 M | 21.8 M | |
| Income Tax Expense | 7.1 M | 7.5 M | |
| Net Income From Continuing Ops | 10.7 M | 10.2 M | |
| Net Interest Income | -72.1 M | -68.5 M | |
| Interest Income | 2.3 M | 2.5 M | |
| Change To Netincome | 44.3 M | 31.2 M |
Wenzhou Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wenzhou Hongfeng. 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 Wenzhou Hongfeng 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 Wenzhou Hongfeng's important profitability drivers and their relationship over time.
Use Wenzhou Hongfeng 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 Wenzhou Hongfeng 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 Wenzhou Hongfeng will appreciate offsetting losses from the drop in the long position's value.Wenzhou Hongfeng Pair Trading
Wenzhou Hongfeng Electrical Pair Trading Analysis
The ability to find closely correlated positions to Wenzhou Hongfeng could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wenzhou Hongfeng 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 Wenzhou Hongfeng - 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 Wenzhou Hongfeng Electrical to buy it.
The correlation of Wenzhou Hongfeng 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 Wenzhou Hongfeng moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wenzhou Hongfeng Ele 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 Wenzhou Hongfeng 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 Wenzhou Hongfeng position
In addition to having Wenzhou Hongfeng 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 Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks theme has 42 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 Banks Theme or any other thematic opportunities.
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Other Information on Investing in Wenzhou Stock
To fully project Wenzhou Hongfeng's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wenzhou Hongfeng Ele 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 Wenzhou Hongfeng's income statement, its balance sheet, and the statement of cash flows.