Jinan Acetate Current Valuation vs. Cash Per Share

4763 Stock  TWD 889.00  21.00  2.42%   
Based on the measurements of profitability obtained from Jinan Acetate's financial statements, Jinan Acetate Chemical may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Jinan Acetate's ability to earn profits and add value for shareholders.
For Jinan Acetate profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jinan Acetate to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jinan Acetate Chemical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jinan Acetate's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jinan Acetate Chemical 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 Jinan Acetate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jinan Acetate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jinan Acetate'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.

Jinan Acetate Chemical Cash Per Share vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Jinan Acetate's current stock value. Our valuation model uses many indicators to compare Jinan Acetate value to that of its competitors to determine the firm's financial worth.
Jinan Acetate Chemical is rated second in current valuation category among its peers. It is number one stock in cash per share category among its peers . The ratio of Current Valuation to Cash Per Share for Jinan Acetate Chemical is about  1,744,912,795 . 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 Jinan Acetate's earnings, one of the primary drivers of an investment's value.

Jinan Current Valuation vs. Competition

Jinan Acetate Chemical is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 57.77 Billion. Jinan Acetate retains roughly 10.36 Billion in current valuation claiming about 18% of all equities under Materials industry.

Jinan Cash Per Share vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Jinan Acetate

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
10.36 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Jinan Acetate

Cash Per Share

 = 

Total Cash

Average Shares

 = 
5.94 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

Jinan Cash Per Share Comparison

Jinan Acetate is currently under evaluation in cash per share category among its peers.

Jinan Acetate Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Jinan Acetate, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jinan Acetate will eventually generate negative long term returns. The profitability progress is the general direction of Jinan Acetate's change in net profit over the period of time. It can combine multiple indicators of Jinan Acetate, 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.
Jinan Acetate Chemical Co., Ltd. produces and sells nylon air textured yarns, cellulose acetate tows, and cellulose acetate products in Asia, the United States, Africa, and internationally. The company was founded in 1999 and is headquartered in Grand Cayman, the Cayman Islands. JINAN ACETATE is traded on Taiwan Stock Exchange in Taiwan.

Jinan Profitability Driver Comparison

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

Use Jinan Acetate 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 Jinan Acetate 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 Jinan Acetate will appreciate offsetting losses from the drop in the long position's value.

Jinan Acetate Pair Trading

Jinan Acetate Chemical Pair Trading Analysis

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

In addition to having Jinan Acetate 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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Run Large Growth Funds Thematic Idea Now

Large Growth Funds
Large Growth Funds Theme
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 48 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 Large Growth Funds Theme or any other thematic opportunities.
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Additional Tools for Jinan Stock Analysis

When running Jinan Acetate's price analysis, check to measure Jinan Acetate'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 Jinan Acetate is operating at the current time. Most of Jinan Acetate's value examination focuses on studying past and present price action to predict the probability of Jinan Acetate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jinan Acetate's price. Additionally, you may evaluate how the addition of Jinan Acetate to your portfolios can decrease your overall portfolio volatility.