GENTING SG Gross Profit vs. Revenue
| 36T Stock | EUR 0.52 0.04 7.14% |
For GENTING SG profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GENTING SG to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GENTING SG LTD utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GENTING SG's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GENTING SG LTD over time as well as its relative position and ranking within its peers.
GENTING |
GENTING SG LTD Revenue vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GENTING SG's current stock value. Our valuation model uses many indicators to compare GENTING SG value to that of its competitors to determine the firm's financial worth. GENTING SG LTD is number one stock in gross profit category among its peers. It also is the top company in revenue category among its peers totaling about 3.60 of Revenue per Gross Profit. 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 GENTING SG's earnings, one of the primary drivers of an investment's value.GENTING Revenue vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
GENTING SG |
| = | 326.86 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
GENTING SG |
| = | 1.18 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.
GENTING Revenue vs Competition
GENTING SG LTD is the top company in revenue category among its peers. Market size based on revenue of Resorts & Casinos industry is presently estimated at about 742.86 Billion. GENTING SG adds roughly 1.18 Billion in revenue claiming only tiny portion of equities listed under Resorts & Casinos industry.
GENTING SG Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GENTING SG, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GENTING SG will eventually generate negative long term returns. The profitability progress is the general direction of GENTING SG's change in net profit over the period of time. It can combine multiple indicators of GENTING SG, 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.
Genting Singapore Limited engages in the development, management, and operation of integrated resort destinations in Asia. Genting Singapore Limited is a subsidiary of Genting Overseas Holdings Limited. GENTING SG is traded on Frankfurt Stock Exchange in Germany.
GENTING Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GENTING SG. 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 GENTING SG 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 GENTING SG's important profitability drivers and their relationship over time.
Use GENTING SG 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 GENTING SG 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 GENTING SG will appreciate offsetting losses from the drop in the long position's value.GENTING SG Pair Trading
GENTING SG LTD Pair Trading Analysis
The ability to find closely correlated positions to GENTING SG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GENTING SG 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 GENTING SG - 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 GENTING SG LTD to buy it.
The correlation of GENTING SG 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 GENTING SG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GENTING SG LTD 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 GENTING SG 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 GENTING SG position
In addition to having GENTING SG 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 Farming Thematic Idea Now
Farming
Companies producing farming products and providing services for farmers. The Farming 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 Farming Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in GENTING Stock
To fully project GENTING SG's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GENTING SG LTD 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 GENTING SG's income statement, its balance sheet, and the statement of cash flows.