Zhongzhu Medical Book Value Per Share vs. Market Capitalization
| 600568 Stock | 1.56 0.01 0.65% |
For Zhongzhu Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zhongzhu Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zhongzhu Medical Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zhongzhu Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zhongzhu Medical Holdings over time as well as its relative position and ranking within its peers.
Zhongzhu |
Zhongzhu Medical Holdings Market Capitalization vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zhongzhu Medical's current stock value. Our valuation model uses many indicators to compare Zhongzhu Medical value to that of its competitors to determine the firm's financial worth. Zhongzhu Medical Holdings is number one stock in book value per share category among its peers. It also is number one stock in market capitalization category among its peers creating about 2,600,649,980 of Market Capitalization per Book Value Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value Zhongzhu Medical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zhongzhu Medical'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.Zhongzhu Market Capitalization vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Zhongzhu Medical |
| = | 1.18 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Zhongzhu Medical |
| = | 3.07 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Zhongzhu Market Capitalization vs Competition
Zhongzhu Medical Holdings is number one stock in market capitalization category among its peers. Market capitalization of Real Estate industry is presently estimated at about 11.88 Trillion. Zhongzhu Medical adds roughly 3.07 Billion in market capitalization claiming only tiny portion of equities listed under Real Estate industry.
Zhongzhu Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zhongzhu Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zhongzhu Medical will eventually generate negative long term returns. The profitability progress is the general direction of Zhongzhu Medical's change in net profit over the period of time. It can combine multiple indicators of Zhongzhu Medical, 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 | -117.7 M | -111.8 M | |
| Income Before Tax | -338.4 M | -321.5 M | |
| Net Loss | -719.3 M | -683.3 M | |
| Net Loss | -343.9 M | -326.7 M | |
| Income Tax Expense | -11.1 M | -10.5 M | |
| Net Loss | -338.4 M | -355.3 M | |
| Total Other Income Expense Net | -1.5 B | -1.4 B | |
| Net Interest Income | 17.7 M | 12.1 M | |
| Interest Income | 25.4 M | 20.1 M | |
| Change To Netincome | 713.4 M | 365.7 M |
Zhongzhu Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zhongzhu Medical. 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 Zhongzhu Medical 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 Zhongzhu Medical's important profitability drivers and their relationship over time.
Use Zhongzhu Medical 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 Zhongzhu Medical 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 Zhongzhu Medical will appreciate offsetting losses from the drop in the long position's value.Zhongzhu Medical Pair Trading
Zhongzhu Medical Holdings Pair Trading Analysis
The ability to find closely correlated positions to Zhongzhu Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zhongzhu Medical 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 Zhongzhu Medical - 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 Zhongzhu Medical Holdings to buy it.
The correlation of Zhongzhu Medical 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 Zhongzhu Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zhongzhu Medical Holdings 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 Zhongzhu Medical 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 Zhongzhu Medical position
In addition to having Zhongzhu Medical 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 Zhongzhu Stock
To fully project Zhongzhu Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zhongzhu Medical Holdings 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 Zhongzhu Medical's income statement, its balance sheet, and the statement of cash flows.