Hubei Forbon Total Debt vs. Net Income
| 300387 Stock | 8.07 0.50 5.83% |
For Hubei Forbon profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hubei Forbon to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hubei Forbon Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hubei Forbon's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hubei Forbon Technology over time as well as its relative position and ranking within its peers.
Hubei |
Hubei Forbon Technology Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hubei Forbon's current stock value. Our valuation model uses many indicators to compare Hubei Forbon value to that of its competitors to determine the firm's financial worth. Hubei Forbon Technology is rated below average in total debt category among its peers. It also is rated below average in net income category among its peers making up about 2.29 of Net Income per Total Debt. At present, Hubei Forbon's Net Income 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 Hubei Forbon by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hubei Forbon'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.Hubei Total Debt vs. Competition
Hubei Forbon Technology is rated below average in total debt category among its peers. Total debt of Materials industry is presently estimated at about 311.15 Billion. Hubei Forbon adds roughly 31.2 Million in total debt claiming only tiny portion of all equities under Materials industry.
Hubei Net Income vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Hubei Forbon |
| = | 31.2 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Hubei Forbon |
| = | 71.55 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Hubei Net Income Comparison
Hubei Forbon is currently under evaluation in net income category among its peers.
Hubei Forbon Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hubei Forbon, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hubei Forbon will eventually generate negative long term returns. The profitability progress is the general direction of Hubei Forbon's change in net profit over the period of time. It can combine multiple indicators of Hubei Forbon, 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 | ||
| Operating Income | 109.9 M | 82.7 M | |
| Income Before Tax | 86 M | 76.2 M | |
| Net Income Applicable To Common Shares | 61.9 M | 65.5 M | |
| Net Income | 71.5 M | 66.5 M | |
| Income Tax Expense | 13.9 M | 10.4 M | |
| Net Income From Continuing Ops | 66.7 M | 50 M | |
| Total Other Income Expense Net | -4 M | -3.8 M | |
| Net Interest Income | -11.7 M | -12.2 M | |
| Interest Income | 1.8 M | 2.2 M | |
| Change To Netincome | 19.1 M | 14 M |
Hubei Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hubei Forbon. 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 Hubei Forbon 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 Hubei Forbon's important profitability drivers and their relationship over time.
Use Hubei Forbon 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 Hubei Forbon 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 Hubei Forbon will appreciate offsetting losses from the drop in the long position's value.Hubei Forbon Pair Trading
Hubei Forbon Technology Pair Trading Analysis
The ability to find closely correlated positions to Hubei Forbon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hubei Forbon 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 Hubei Forbon - 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 Hubei Forbon Technology to buy it.
The correlation of Hubei Forbon 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 Hubei Forbon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hubei Forbon Technology 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 Hubei Forbon 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 Hubei Forbon position
In addition to having Hubei Forbon 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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Information Technology (IT) companies and IT service providers across different domains. The IT theme has 48 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 IT Theme or any other thematic opportunities.
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Other Information on Investing in Hubei Stock
To fully project Hubei Forbon's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hubei Forbon Technology 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 Hubei Forbon's income statement, its balance sheet, and the statement of cash flows.