Chain Chon EBITDA vs. Revenue
| 5014 Stock | TWD 15.15 0.20 1.34% |
For Chain Chon profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chain Chon to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chain Chon Industrial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chain Chon's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chain Chon Industrial over time as well as its relative position and ranking within its peers.
Chain |
Chain Chon Industrial Revenue vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chain Chon's current stock value. Our valuation model uses many indicators to compare Chain Chon value to that of its competitors to determine the firm's financial worth. Chain Chon Industrial is rated second in ebitda category among its peers. It is the top company in revenue category among its peers totaling about 19.73 of Revenue per EBITDA. 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 Chain Chon's earnings, one of the primary drivers of an investment's value.Chain Revenue 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.
Chain Chon |
| = | 940.24 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.
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.
Chain Chon |
| = | 18.55 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.
Chain Revenue vs Competition
Chain Chon Industrial is the top company in revenue category among its peers. Market size based on revenue of Steel industry is presently estimated at about 1.29 Trillion. Chain Chon claims roughly 18.55 Billion in revenue contributing just under 2% to equities listed under Steel industry.
Chain Chon Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chain Chon, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chain Chon will eventually generate negative long term returns. The profitability progress is the general direction of Chain Chon's change in net profit over the period of time. It can combine multiple indicators of Chain Chon, 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.
Chain Chon Industrial Co., Ltd. manufactures and sells stainless steel products in Taiwan and internationally. The company was founded in 1980 and is headquartered in Taoyuan City, Taiwan. CHAIN CHON is traded on Taiwan OTC Exchange in Taiwan.
Chain Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chain Chon. 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 Chain Chon 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 Chain Chon's important profitability drivers and their relationship over time.
Use Chain Chon 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 Chain Chon 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 Chain Chon will appreciate offsetting losses from the drop in the long position's value.Chain Chon Pair Trading
Chain Chon Industrial Pair Trading Analysis
The ability to find closely correlated positions to Chain Chon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chain Chon 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 Chain Chon - 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 Chain Chon Industrial to buy it.
The correlation of Chain Chon 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 Chain Chon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chain Chon 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 Chain Chon 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 Chain Chon position
In addition to having Chain Chon 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 Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities 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 Utilities Theme or any other thematic opportunities.
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Additional Tools for Chain Stock Analysis
When running Chain Chon's price analysis, check to measure Chain Chon'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 Chain Chon is operating at the current time. Most of Chain Chon's value examination focuses on studying past and present price action to predict the probability of Chain Chon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chain Chon's price. Additionally, you may evaluate how the addition of Chain Chon to your portfolios can decrease your overall portfolio volatility.