CSPC Innovation Price To Sales vs. Revenue
| 300765 Stock | 28.70 1.15 3.85% |
For CSPC Innovation profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CSPC Innovation to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CSPC Innovation Pharmaceutical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CSPC Innovation's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CSPC Innovation Pharmaceutical over time as well as its relative position and ranking within its peers.
CSPC |
CSPC Innovation Phar Revenue vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CSPC Innovation's current stock value. Our valuation model uses many indicators to compare CSPC Innovation value to that of its competitors to determine the firm's financial worth. CSPC Innovation Pharmaceutical is number one stock in price to sales category among its peers. It is rated fourth in revenue category among its peers totaling about 127,077,572 of Revenue per Price To Sales. At present, CSPC Innovation'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 CSPC Innovation by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CSPC Innovation'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.CSPC Revenue vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
CSPC Innovation |
| = | 19.69 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
CSPC Innovation |
| = | 2.5 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.
CSPC Revenue vs Competition
CSPC Innovation Pharmaceutical is rated fourth in revenue category among its peers. Market size based on revenue of Consumer Staples industry is presently estimated at about 2.45 Trillion. CSPC Innovation adds roughly 2.5 Billion in revenue claiming only tiny portion of stocks in Consumer Staples industry.
CSPC Innovation Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CSPC Innovation, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CSPC Innovation will eventually generate negative long term returns. The profitability progress is the general direction of CSPC Innovation's change in net profit over the period of time. It can combine multiple indicators of CSPC Innovation, 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 | ||
| Net Interest Income | 65.3 M | 68.5 M | |
| Interest Income | 65.9 M | 69.2 M | |
| Operating Income | 783.1 M | 453.3 M | |
| Net Income From Continuing Ops | 755.3 M | 412.1 M | |
| Income Before Tax | 891.8 M | 494.4 M | |
| Net Income Applicable To Common Shares | 835.2 M | 877 M | |
| Net Income | 755.6 M | 412.1 M | |
| Income Tax Expense | 143.5 M | 74.9 M | |
| Change To Netincome | -53.1 M | -50.5 M |
CSPC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CSPC Innovation. 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 CSPC Innovation 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 CSPC Innovation's important profitability drivers and their relationship over time.
Use CSPC Innovation 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 CSPC Innovation 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 CSPC Innovation will appreciate offsetting losses from the drop in the long position's value.CSPC Innovation Pair Trading
CSPC Innovation Pharmaceutical Pair Trading Analysis
The ability to find closely correlated positions to CSPC Innovation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSPC Innovation 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 CSPC Innovation - 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 CSPC Innovation Pharmaceutical to buy it.
The correlation of CSPC Innovation 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 CSPC Innovation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSPC Innovation Phar 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 CSPC Innovation 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 CSPC Innovation position
In addition to having CSPC Innovation 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 Rentals Thematic Idea Now
Rentals
Companies providing rental and leasing services to public and business. The Rentals theme has 44 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 Rentals Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in CSPC Stock
To fully project CSPC Innovation's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CSPC Innovation Phar 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 CSPC Innovation's income statement, its balance sheet, and the statement of cash flows.