Coxon Precise Cash And Equivalents vs. Net Income

3607 Stock  TWD 18.30  0.15  0.81%   
Based on the measurements of profitability obtained from Coxon Precise's financial statements, Coxon Precise Industrial may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in December. Profitability indicators assess Coxon Precise's ability to earn profits and add value for shareholders.
For Coxon Precise profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Coxon Precise to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Coxon Precise Industrial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Coxon Precise's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Coxon Precise Industrial 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 Coxon Precise's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coxon Precise is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coxon Precise'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.

Coxon Precise Industrial Net Income vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Coxon Precise's current stock value. Our valuation model uses many indicators to compare Coxon Precise value to that of its competitors to determine the firm's financial worth.
Coxon Precise Industrial is rated fifth in cash and equivalents category among its peers. It is rated below average in net income category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Coxon Precise's earnings, one of the primary drivers of an investment's value.

Coxon Net Income vs. Cash And Equivalents

Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Coxon Precise

Cash

 = 

Bank Deposits

+

Liquidities

 = 
933.47 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.

Coxon Precise

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(270.32 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.

Coxon Net Income Comparison

Coxon Precise is currently under evaluation in net income category among its peers.

Coxon Precise Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Coxon Precise, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Coxon Precise will eventually generate negative long term returns. The profitability progress is the general direction of Coxon Precise's change in net profit over the period of time. It can combine multiple indicators of Coxon Precise, 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.
Coxon Precise Industrial Co., Ltd manufactures and sells engineering plastic products in Taiwan and internationally. The company was incorporated in 1989 and is based in Taoyuan City, Taiwan. COXON PRECISE operates under Packaging Containers classification in Taiwan and is traded on Taiwan Stock Exchange.

Coxon Profitability Driver Comparison

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

Use Coxon Precise 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 Coxon Precise 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 Coxon Precise will appreciate offsetting losses from the drop in the long position's value.

Coxon Precise Pair Trading

Coxon Precise Industrial Pair Trading Analysis

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

Use Investing Themes to Complement your Coxon Precise position

In addition to having Coxon Precise 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.

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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 Chemicals Makers Theme or any other thematic opportunities.
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Additional Tools for Coxon Stock Analysis

When running Coxon Precise's price analysis, check to measure Coxon Precise's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coxon Precise is operating at the current time. Most of Coxon Precise's value examination focuses on studying past and present price action to predict the probability of Coxon Precise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coxon Precise's price. Additionally, you may evaluate how the addition of Coxon Precise to your portfolios can decrease your overall portfolio volatility.