Shijiazhuang Tonhe Revenue vs. Total Debt

300491 Stock   16.78  0.12  0.72%   
Based on the measurements of profitability obtained from Shijiazhuang Tonhe's financial statements, Shijiazhuang Tonhe Electronics 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 Shijiazhuang Tonhe's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
2015-03-31
Previous Quarter
178.5 M
Current Value
281 M
Quarterly Volatility
87.4 M
 
Yuan Drop
 
Covid
For Shijiazhuang Tonhe profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shijiazhuang Tonhe to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shijiazhuang Tonhe Electronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shijiazhuang Tonhe's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shijiazhuang Tonhe Electronics 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 Shijiazhuang Tonhe's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shijiazhuang Tonhe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shijiazhuang Tonhe'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.

Shijiazhuang Tonhe Total Debt vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Shijiazhuang Tonhe's current stock value. Our valuation model uses many indicators to compare Shijiazhuang Tonhe value to that of its competitors to determine the firm's financial worth.
Shijiazhuang Tonhe Electronics is rated second in revenue category among its peers. It also is rated second in total debt category among its peers making up about  0.17  of Total Debt per Revenue. The ratio of Revenue to Total Debt for Shijiazhuang Tonhe Electronics is roughly  5.89 . At present, Shijiazhuang Tonhe's Total Revenue 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 Shijiazhuang Tonhe by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shijiazhuang Tonhe'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.

Shijiazhuang Revenue vs. Competition

Shijiazhuang Tonhe Electronics is rated second in revenue category among its peers. Market size based on revenue of Industrials industry is presently estimated at about 9.09 Trillion. Shijiazhuang Tonhe adds roughly 1.01 Billion in revenue claiming only tiny portion of equities under Industrials industry.

Shijiazhuang Total Debt 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.

Shijiazhuang Tonhe

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
1.01 B
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.
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.

Shijiazhuang Tonhe

Total Debt

 = 

Bonds

+

Notes

 = 
171.27 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.

Shijiazhuang Total Debt vs Competition

Shijiazhuang Tonhe Electronics is rated second in total debt category among its peers. Total debt of Industrials industry is presently estimated at about 122.53 Trillion. Shijiazhuang Tonhe adds roughly 171.27 Million in total debt claiming only tiny portion of equities under Industrials industry.
Total debt  Workforce  Capitalization  Revenue  Valuation

Shijiazhuang Tonhe Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Shijiazhuang Tonhe, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shijiazhuang Tonhe will eventually generate negative long term returns. The profitability progress is the general direction of Shijiazhuang Tonhe's change in net profit over the period of time. It can combine multiple indicators of Shijiazhuang Tonhe, 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
Operating Income150.5 M158.1 M
Income Before Tax107.2 M112.6 M
Income Tax Expense-1 M-977.8 K
Net Income Applicable To Common Shares29.3 M21.1 M
Net Income102.6 M107.7 M
Net Interest Income-2.1 M-2 M
Interest Income3.1 M2.3 M
Net Income From Continuing Ops102.6 M107.7 M
Change To Netincome12.8 M8.4 M

Shijiazhuang Profitability Driver Comparison

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

Use Shijiazhuang Tonhe 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 Shijiazhuang Tonhe 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 Shijiazhuang Tonhe will appreciate offsetting losses from the drop in the long position's value.

Shijiazhuang Tonhe Pair Trading

Shijiazhuang Tonhe Electronics Pair Trading Analysis

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

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Other Information on Investing in Shijiazhuang Stock

To fully project Shijiazhuang Tonhe's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shijiazhuang Tonhe 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 Shijiazhuang Tonhe's income statement, its balance sheet, and the statement of cash flows.
Potential Shijiazhuang Tonhe investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Shijiazhuang Tonhe investors may work on each financial statement separately, they are all related. The changes in Shijiazhuang Tonhe's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shijiazhuang Tonhe'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.