HeBei Jinniu Gross Profit vs. Current Valuation
| 600722 Stock | 5.08 0.12 2.42% |
Gross Profit | First Reported 2002-03-31 | Previous Quarter 31.4 M | Current Value 34.6 M | Quarterly Volatility 27.4 M |
For HeBei Jinniu profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HeBei Jinniu to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HeBei Jinniu Chemical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HeBei Jinniu's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HeBei Jinniu Chemical over time as well as its relative position and ranking within its peers.
HeBei |
HeBei Jinniu Chemical Current Valuation vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HeBei Jinniu's current stock value. Our valuation model uses many indicators to compare HeBei Jinniu value to that of its competitors to determine the firm's financial worth. HeBei Jinniu Chemical is rated second in gross profit category among its peers. It also is rated second in current valuation category among its peers reporting about 17.48 of Current Valuation per Gross Profit. At present, HeBei Jinniu's Gross Profit 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 HeBei Jinniu by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for HeBei Jinniu'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.HeBei Current Valuation 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.
HeBei Jinniu |
| = | 134.06 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
HeBei Jinniu |
| = | 2.34 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
HeBei Current Valuation vs Competition
HeBei Jinniu Chemical is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 73.39 Billion. HeBei Jinniu holds roughly 2.34 Billion in current valuation claiming about 3% of all equities under Materials industry.
HeBei Jinniu Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in HeBei Jinniu, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HeBei Jinniu will eventually generate negative long term returns. The profitability progress is the general direction of HeBei Jinniu's change in net profit over the period of time. It can combine multiple indicators of HeBei Jinniu, 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 | 54.6 M | 65.3 M | |
| Income Before Tax | 74.6 M | 70.8 M | |
| Net Income Applicable To Common Shares | 43.2 M | 41.1 M | |
| Net Income | 33.6 M | 31.9 M | |
| Income Tax Expense | 6.4 M | 6.7 M | |
| Net Income From Continuing Ops | 70 M | 71.8 M | |
| Total Other Income Expense Net | 18.3 M | 17.4 M | |
| Net Interest Income | 14.2 M | 15.5 M | |
| Interest Income | 14.3 M | 16.2 M | |
| Change To Netincome | 59.6 M | 62.5 M |
HeBei Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HeBei Jinniu. 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 HeBei Jinniu 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 HeBei Jinniu's important profitability drivers and their relationship over time.
Use HeBei Jinniu 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 HeBei Jinniu 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 HeBei Jinniu will appreciate offsetting losses from the drop in the long position's value.HeBei Jinniu Pair Trading
HeBei Jinniu Chemical Pair Trading Analysis
The ability to find closely correlated positions to HeBei Jinniu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HeBei Jinniu 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 HeBei Jinniu - 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 HeBei Jinniu Chemical to buy it.
The correlation of HeBei Jinniu 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 HeBei Jinniu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HeBei Jinniu Chemical 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 HeBei Jinniu 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 HeBei Jinniu position
In addition to having HeBei Jinniu 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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Housewares
Companies making housewares accessories and providing houseware services. The Housewares theme has 47 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 Housewares Theme or any other thematic opportunities.
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Other Information on Investing in HeBei Stock
To fully project HeBei Jinniu's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of HeBei Jinniu Chemical 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 HeBei Jinniu's income statement, its balance sheet, and the statement of cash flows.