Wintec Co Net Income vs. Current Ratio
| 320000 Stock | KRW 2,440 110.00 4.31% |
For Wintec Co profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wintec Co to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wintec Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wintec Co's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wintec Co over time as well as its relative position and ranking within its peers.
Wintec |
Wintec Co Current Ratio vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wintec Co's current stock value. Our valuation model uses many indicators to compare Wintec Co value to that of its competitors to determine the firm's financial worth. Wintec Co is rated fifth in net income category among its peers. It is rated third in current ratio category among its peers . The ratio of Net Income to Current Ratio for Wintec Co is about 3,069,779 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Wintec Co by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wintec Co'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.Wintec Current Ratio vs. Net Income
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.
Wintec Co |
| = | 670.47 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.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Wintec Co |
| = | 218.41 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Wintec Co Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wintec Co, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wintec Co will eventually generate negative long term returns. The profitability progress is the general direction of Wintec Co's change in net profit over the period of time. It can combine multiple indicators of Wintec Co, 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.
,Ltd. manufactures display, chips, and film inspection equipment. The company was founded in 1999 and is based in Gimpo-si, South Korea. WINTEC is traded on Korean Securities Dealers Automated Quotations in South Korea.
Wintec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wintec Co. 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 Wintec Co 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 Wintec Co's important profitability drivers and their relationship over time.
Use Wintec Co 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 Wintec Co 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 Wintec Co will appreciate offsetting losses from the drop in the long position's value.Wintec Co Pair Trading
Wintec Co Pair Trading Analysis
The ability to find closely correlated positions to Wintec Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wintec Co 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 Wintec Co - 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 Wintec Co to buy it.
The correlation of Wintec Co 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 Wintec Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wintec Co 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 Wintec Co 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 Wintec Co position
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Other Information on Investing in Wintec Stock
To fully project Wintec Co's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wintec Co 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 Wintec Co's income statement, its balance sheet, and the statement of cash flows.