Shandong Gold Revenue vs. Total Debt
| 600547 Stock | 24.46 0.34 1.41% |
Total Revenue | First Reported 2003-09-30 | Previous Quarter 26.8 B | Current Value 21.2 B | Quarterly Volatility 6.4 B |
For Shandong Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shandong Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shandong Gold Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shandong Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shandong Gold Mining over time as well as its relative position and ranking within its peers.
Shandong |
Shandong Gold Mining Total Debt vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shandong Gold's current stock value. Our valuation model uses many indicators to compare Shandong Gold value to that of its competitors to determine the firm's financial worth. Shandong Gold Mining is the top company in revenue category among its peers. It also is the top company in total debt category among its peers making up about 0.34 of Total Debt per Revenue. The ratio of Revenue to Total Debt for Shandong Gold Mining is roughly 2.93 . At present, Shandong Gold's Total Revenue 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 Shandong Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shandong Gold'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.Shandong Revenue vs. Competition
Shandong Gold Mining is the top company in revenue category among its peers. Market size based on revenue of Materials industry is presently estimated at about 226.38 Billion. Shandong Gold totals roughly 59.28 Billion in revenue claiming about 26% of all equities under Materials industry.
Shandong Total Debt vs. Revenue
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.
Shandong Gold |
| = | 59.28 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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Shandong Gold |
| = | 20.21 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Shandong Total Debt vs Competition
Shandong Gold Mining is the top company in total debt category among its peers. Total debt of Materials industry is presently estimated at about 32.29 Billion. Shandong Gold totals roughly 20.21 Billion in total debt claiming about 63% of all equities under Materials industry.
Shandong Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shandong Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shandong Gold will eventually generate negative long term returns. The profitability progress is the general direction of Shandong Gold's change in net profit over the period of time. It can combine multiple indicators of Shandong Gold, 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 | 5.6 B | 5.9 B | |
| Income Before Tax | 3.6 B | 3.7 B | |
| Net Income Applicable To Common Shares | 964 M | 826.5 M | |
| Net Income | 2.3 B | 2.4 B | |
| Income Tax Expense | 633.5 M | 347.1 M | |
| Net Income From Continuing Ops | 2.9 B | 1.5 B | |
| Total Other Income Expense Net | -28.8 M | -30.2 M | |
| Net Interest Income | -1.5 B | -1.4 B | |
| Interest Income | 145.1 M | 152.4 M | |
| Change To Netincome | -501.6 M | -476.5 M |
Shandong Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shandong Gold. 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 Shandong Gold 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 Shandong Gold's important profitability drivers and their relationship over time.
Use Shandong Gold 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 Shandong Gold 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 Shandong Gold will appreciate offsetting losses from the drop in the long position's value.Shandong Gold Pair Trading
Shandong Gold Mining Pair Trading Analysis
The ability to find closely correlated positions to Shandong Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shandong Gold 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 Shandong Gold - 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 Shandong Gold Mining to buy it.
The correlation of Shandong Gold 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 Shandong Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shandong Gold Mining 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 Shandong Gold 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 Shandong Gold position
In addition to having Shandong Gold 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 Management Thematic Idea Now
Management
Companies providing management services to businesses. The Management theme has 41 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 Management Theme or any other thematic opportunities.
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Other Information on Investing in Shandong Stock
To fully project Shandong Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shandong Gold Mining 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 Shandong Gold's income statement, its balance sheet, and the statement of cash flows.