Aurora Optoelectronics Gross Profit vs. Profit Margin
| 600666 Stock | 2.50 0.03 1.19% |
Gross Profit | First Reported 2002-03-31 | Previous Quarter 8.1 M | Current Value 24.9 M | Quarterly Volatility 82.2 M |
For Aurora Optoelectronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aurora Optoelectronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aurora Optoelectronics Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aurora Optoelectronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aurora Optoelectronics Co over time as well as its relative position and ranking within its peers.
Aurora |
Aurora Optoelectronics Profit Margin vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aurora Optoelectronics's current stock value. Our valuation model uses many indicators to compare Aurora Optoelectronics value to that of its competitors to determine the firm's financial worth. Aurora Optoelectronics Co is rated fourth in gross profit category among its peers. It also is rated fourth in profit margin category among its peers . At present, Aurora Optoelectronics' 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 Aurora Optoelectronics by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aurora Optoelectronics' 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.Aurora Profit Margin 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.
Aurora Optoelectronics |
| = | 36.38 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.
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.
Aurora Optoelectronics |
| = | (1.41) % |
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.
Aurora Profit Margin Comparison
Aurora Optoelectronics is currently under evaluation in profit margin category among its peers.
Aurora Optoelectronics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aurora Optoelectronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aurora Optoelectronics will eventually generate negative long term returns. The profitability progress is the general direction of Aurora Optoelectronics' change in net profit over the period of time. It can combine multiple indicators of Aurora Optoelectronics, 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 | -154.2 M | -146.5 M | |
| Income Before Tax | -610 M | -579.5 M | |
| Net Income Applicable To Common Shares | 54.6 M | 57.3 M | |
| Net Loss | -675.3 M | -641.5 M | |
| Income Tax Expense | -619.6 K | -588.6 K | |
| Net Interest Income | 13 M | 13.6 M | |
| Interest Income | 15.6 M | 16.4 M | |
| Net Loss | -682.5 M | -648.4 M | |
| Change To Netincome | -717.8 M | -681.9 M |
Aurora Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aurora Optoelectronics. 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 Aurora Optoelectronics 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 Aurora Optoelectronics' important profitability drivers and their relationship over time.
Use Aurora Optoelectronics 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 Aurora Optoelectronics 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 Aurora Optoelectronics will appreciate offsetting losses from the drop in the long position's value.Aurora Optoelectronics Pair Trading
Aurora Optoelectronics Co Pair Trading Analysis
The ability to find closely correlated positions to Aurora Optoelectronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aurora Optoelectronics 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 Aurora Optoelectronics - 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 Aurora Optoelectronics Co to buy it.
The correlation of Aurora Optoelectronics 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 Aurora Optoelectronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aurora Optoelectronics 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 Aurora Optoelectronics 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 Aurora Optoelectronics position
In addition to having Aurora Optoelectronics 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 Aurora Stock
To fully project Aurora Optoelectronics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aurora Optoelectronics 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 Aurora Optoelectronics' income statement, its balance sheet, and the statement of cash flows.