Shandong Gold Total Debt vs. Profit Margin
| 600547 Stock | 24.46 0.34 1.41% |
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 Profit Margin vs. Total Debt 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 total debt category among its peers. It also is number one stock in profit margin category among its peers . The ratio of Total Debt to Profit Margin for Shandong Gold Mining is about 562,880,369,443 . 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 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 27.82 Billion. Shandong Gold totals roughly 20.21 Billion in total debt claiming about 73% of all equities under Materials industry.
Shandong Profit Margin vs. Total Debt
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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Shandong Gold |
| = | 0.04 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Shandong Profit Margin Comparison
Shandong Gold is currently under evaluation in profit margin category among its peers.
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?
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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.