CITIC Securities Price To Book vs. Net Income
| 600030 Stock | 30.75 0.88 2.95% |
For CITIC Securities profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CITIC Securities to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CITIC Securities Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CITIC Securities's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CITIC Securities Co over time as well as its relative position and ranking within its peers.
CITIC |
CITIC Securities Net Income vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CITIC Securities's current stock value. Our valuation model uses many indicators to compare CITIC Securities value to that of its competitors to determine the firm's financial worth. CITIC Securities Co is number one stock in price to book category among its peers. It also is number one stock in net income category among its peers making up about 12,398,181,449 of Net Income per Price To Book. At present, CITIC Securities' Net Income is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value CITIC Securities by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CITIC Securities' 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.CITIC Net Income vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
CITIC Securities |
| = | 1.59 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
CITIC Securities |
| = | 19.72 B |
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.
CITIC Net Income Comparison
CITIC Securities is currently under evaluation in net income category among its peers.
CITIC Securities Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CITIC Securities, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CITIC Securities will eventually generate negative long term returns. The profitability progress is the general direction of CITIC Securities' change in net profit over the period of time. It can combine multiple indicators of CITIC Securities, 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.
| Last Reported | Projected for Next Year | ||
| Operating Income | 19.7 B | 12.3 B | |
| Income Before Tax | 26.2 B | 14.4 B | |
| Net Income Applicable To Common Shares | 24.3 B | 25.5 B | |
| Net Income | 19.7 B | 10.5 B | |
| Income Tax Expense | 8.8 B | 9.2 B | |
| Net Income From Continuing Ops | 20.5 B | 18.1 B | |
| Total Other Income Expense Net | -591.7 M | -621.2 M | |
| Net Interest Income | 4 B | 3.7 B | |
| Interest Income | 21.6 B | 15.2 B | |
| Change To Netincome | 19.2 B | 20.1 B |
CITIC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CITIC Securities. 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 CITIC Securities 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 CITIC Securities' important profitability drivers and their relationship over time.
Use CITIC Securities 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 CITIC Securities 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 CITIC Securities will appreciate offsetting losses from the drop in the long position's value.CITIC Securities Pair Trading
CITIC Securities Co Pair Trading Analysis
The ability to find closely correlated positions to CITIC Securities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CITIC Securities 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 CITIC Securities - 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 CITIC Securities Co to buy it.
The correlation of CITIC Securities 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 CITIC Securities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CITIC Securities 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 CITIC Securities 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 CITIC Securities position
In addition to having CITIC Securities 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?
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It encompasses large technology companies, automotive makers, security firms, and thematic ETFs across multiple industries. These entities are directly or indirectly involved in shaping the development and marketing of self-driving vehicles. The Driverless Cars theme has 36 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 Driverless Cars Theme or any other thematic opportunities.
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Other Information on Investing in CITIC Stock
To fully project CITIC Securities' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CITIC Securities 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 CITIC Securities' income statement, its balance sheet, and the statement of cash flows.