Zhejiang Yayi EBITDA vs. Net Income
| 301113 Stock | 25.44 0.36 1.40% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 78.4 M | Current Value 98.4 M | Quarterly Volatility 27.7 M |
For Zhejiang Yayi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zhejiang Yayi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zhejiang Yayi Metal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zhejiang Yayi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zhejiang Yayi Metal over time as well as its relative position and ranking within its peers.
Zhejiang |
Zhejiang Yayi Metal Net Income vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zhejiang Yayi's current stock value. Our valuation model uses many indicators to compare Zhejiang Yayi value to that of its competitors to determine the firm's financial worth. Zhejiang Yayi Metal is number one stock in ebitda category among its peers. It also is number one stock in net income category among its peers making up about 0.75 of Net Income per EBITDA. The ratio of EBITDA to Net Income for Zhejiang Yayi Metal is roughly 1.33 . At present, Zhejiang Yayi'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 Zhejiang Yayi by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zhejiang Yayi'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.Zhejiang Net Income vs. EBITDA
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.
Zhejiang Yayi |
| = | 24.92 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.
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.
Zhejiang Yayi |
| = | 18.77 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.
Zhejiang Net Income Comparison
Zhejiang Yayi is currently under evaluation in net income category among its peers.
Zhejiang Yayi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zhejiang Yayi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zhejiang Yayi will eventually generate negative long term returns. The profitability progress is the general direction of Zhejiang Yayi's change in net profit over the period of time. It can combine multiple indicators of Zhejiang Yayi, 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 | 11.4 M | 6.5 M | |
| Interest Income | 11.6 M | 6.8 M | |
| Operating Income | 18 M | 17.1 M | |
| Net Income From Continuing Ops | 18.8 M | 17.8 M | |
| Income Before Tax | 25.8 M | 24.5 M | |
| Net Income | 18.8 M | 17.8 M |
Zhejiang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zhejiang Yayi. 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 Zhejiang Yayi 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 Zhejiang Yayi's important profitability drivers and their relationship over time.
Use Zhejiang Yayi 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 Zhejiang Yayi 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 Zhejiang Yayi will appreciate offsetting losses from the drop in the long position's value.Zhejiang Yayi Pair Trading
Zhejiang Yayi Metal Pair Trading Analysis
The ability to find closely correlated positions to Zhejiang Yayi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zhejiang Yayi 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 Zhejiang Yayi - 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 Zhejiang Yayi Metal to buy it.
The correlation of Zhejiang Yayi 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 Zhejiang Yayi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zhejiang Yayi Metal 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 Zhejiang Yayi 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 Zhejiang Yayi position
In addition to having Zhejiang Yayi 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 Retail Thematic Idea Now
Retail
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 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 Retail Theme or any other thematic opportunities.
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Other Information on Investing in Zhejiang Stock
To fully project Zhejiang Yayi's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zhejiang Yayi Metal 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 Zhejiang Yayi's income statement, its balance sheet, and the statement of cash flows.