Sinomach General Gross Profit vs. EBITDA
| 600444 Stock | 16.59 0.16 0.97% |
Gross Profit | First Reported 2004-03-31 | Previous Quarter 31.1 M | Current Value 23.7 M | Quarterly Volatility 17.2 M |
For Sinomach General profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sinomach General to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sinomach General Machinery utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sinomach General's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sinomach General Machinery over time as well as its relative position and ranking within its peers.
Sinomach |
Sinomach General Mac EBITDA vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sinomach General's current stock value. Our valuation model uses many indicators to compare Sinomach General value to that of its competitors to determine the firm's financial worth. Sinomach General Machinery is number one stock in gross profit category among its peers. It also is number one stock in ebitda category among its peers totaling about 0.42 of EBITDA per Gross Profit. The ratio of Gross Profit to EBITDA for Sinomach General Machinery is roughly 2.35 . At present, Sinomach General's Gross Profit is projected to decrease 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 Sinomach General by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sinomach General's 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.Sinomach EBITDA 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.
Sinomach General |
| = | 130.93 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.
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.
Sinomach General |
| = | 55.62 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.
Sinomach EBITDA Comparison
Sinomach General is currently under evaluation in ebitda category among its peers.
Sinomach General Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sinomach General, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sinomach General will eventually generate negative long term returns. The profitability progress is the general direction of Sinomach General's change in net profit over the period of time. It can combine multiple indicators of Sinomach General, 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 | ||
| Net Income Applicable To Common Shares | 55.9 M | 36.1 M | |
| Net Income | 40 M | 37.1 M | |
| Operating Income | 49.8 M | 38.6 M | |
| Income Before Tax | 47.3 M | 47.9 M | |
| Income Tax Expense | 5.7 M | 8.2 M | |
| Net Income From Continuing Ops | 40 M | 42.1 M | |
| Total Other Income Expense Net | 13.2 M | 12.6 M | |
| Net Interest Income | 9 M | 9.4 M | |
| Interest Income | 9.8 M | 5.5 M | |
| Change To Netincome | -9.1 M | -9.6 M |
Sinomach Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sinomach General. 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 Sinomach General 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 Sinomach General's important profitability drivers and their relationship over time.
Use Sinomach General 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 Sinomach General 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 Sinomach General will appreciate offsetting losses from the drop in the long position's value.Sinomach General Pair Trading
Sinomach General Machinery Pair Trading Analysis
The ability to find closely correlated positions to Sinomach General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sinomach General 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 Sinomach General - 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 Sinomach General Machinery to buy it.
The correlation of Sinomach General 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 Sinomach General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sinomach General Mac 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 Sinomach General 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 Sinomach General position
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Other Information on Investing in Sinomach Stock
To fully project Sinomach General's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sinomach General Mac 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 Sinomach General's income statement, its balance sheet, and the statement of cash flows.